Litecoin [LTC]

Litecoin was created by a former Google employee as a faster and easier version of Bitcoin. Its main advantage is the ability to make quick daily payments anywhere in the world. Moreover, their cost is practically zero. Litecoin is an open source code that is available to everyone on the network. LItecoin is often referred to as “digital silver”.

The coin is a fork of Bitcoin, which is intended to be an addition to it. The differences between Litecoin and the main cryptocurrency of the world are as follows:

  • significantly faster and at the same time cheaper currency transactions;
  • new mining algorithm Scrypt, which makes it easier to mine litecoin;
  • Litecoin has a cheaper cost and higher turnover than bitcoin.

Litecoin network advantages

Initially, the goal of the creators of litecoin was to improve bitcoin and solve the problem of strong network load at a low price. And they did it. Now many investors keep their funds in bitcoin and use litecoin for more profitable transactions for transfers and exchange of cryptocurrency.

The rest of the benefits of litecoin are the same as most other cryptocurrencies. Among them:

  • limited emission and protection from inflationary processes;
  • accessible and independent financial transactions anywhere in the world;
  • confidentiality of information and maximum protection with blockchain algorithms;
  • safe financial transactions.

Litecoin on Chatex

If you are attracted by the benefits of LTC, you can purchase it now using Chatex, a legal P2P service for exchanging, transferring and storing cryptocurrency. You can perform the operation by following the link in the chatbot of the service, which is fully integrated into the popular Telegram messenger.

Chatex guarantees convenience and security of purchasing any cryptocurrency on our platform.