Litecoin price today is £49.5600 with a 24-hour trading volume of £328,361,272. Litecoin is
up
+2.56% in the last 24 hours. Over the past hour the price of LTC has
risen
by +0.05%. The total supply of LTC is $84,000,000 and the current circulating supply is set at $74,992,101.98. The current Coingecko ranking of LTC is 25.
As of today at
9:39 PM
, converting 1Litecoin (LTC) to GBP using TabTrader, based on the CoinGecko conversion rate, gives you an equivalent value of 🌐 49.56GBP. The current exchange rate is 1 LTC = £49.5600GBP, while 1 GBP equals LTC.
Litecoin (LTC) is a decentralized peer-to-peer virtual currency created from a copy of Bitcoin’s (BTC) source code. Founded in October 2011 (two years after BTC) by former Google engineer Charlie Lee, Litecoin (LTC) is considered one of the first successful altcoins in the industry.
Litecoin (LTC) seeks to improve on some of Bitcoin's shortcomings and offer lower transaction fees, faster block times, higher transaction throughput, and better decentralization than the world's largest cryptocurrency.
How does Litecoin (LTC) Work?
Bitcoin (BTC) and Litecoin (LTC) are both secured by the proof-of-work (PoW) consensus mechanism but use different hash functions. Litecoin’s (LTC) Scrypt hashing algorithm requires significantly less energy and computational power with respect to Bitcoin’s (BTC) SHA-256.
What is Litecoin (LTC) Used for?
Due to its fast block time and notably low transaction costs Litecoin is widely considered a good fit for microtransactions and point-of-sale payments.
What is Litecoin (LTC) Market Cap?
Litecoin (LTC) currently has a market capitalization of £3,711,887,215.00.
What is Litecoin (LTC) Market Supply?
The current circulating supply of Litecoin (LTC) is $74,992,101.98.
What is Litecoin (LTC) mining?
Litecoin (LTC) mining is the process of validating transactions on the Litecoin blockchain. Although Litecoin (LTC) mining was originally designed to use a CPU, it now requires specialized hardware.
How to Buy Litecoin (LTC)?
Litecoin (LTC) is available for purchase on a large number of cryptocurrency exchanges, including Binance, Coinbase, and Kraken. The TabTrader app aggregates 30+ major cryptocurrency exchanges and allows users to monitor 20K+ trading instruments in real time.
