Litecoin is generally considered as a peer-to-peer cryptocurrency and open source software project that is released under MIT/X11 license. The creation of the coin is based on the open source cryptographic protocol and thus it is not managed by any central authority. Technically, Bitcoin (BTC) is almost identical to Litecoin but it is far quicker and cheaper. According to the views of the cryptocurrency market experts, Litecoin pricing acts in a more rational manner than Bitcoin and it has a more sustainable future. The value of the Litecoin depends on the demands of currency trading websites like Bitfinex, OKEx, GDAX, and Coinbase. In the current scenario, some online stores, in fact, started to accept cryptocurrencies to buy products like jewelry, groceries, clothes and other important stuff. Litecoin (LTC) is known to be the next best thing to Bitcoin. This cryptocurrency was launched a couple of years later after Bitcoin and it has a few aspects which make it acceptable to the present day crypto investors, users, and traders. This coin is growing at a fast pace and it is already taking the initiative to close the gap on Bitcoin. It is true that the recent crypto slump has brought the Litecoin down to $122.7 and this is the best opportunity to buy the Litecoin when it is cheap. Some of the good reasons to buy Litecoin are discussed below.
- Better than Bitcoin:
- Litecoin’s association with Abra app:
- The launch of Litecoin Core:
- Gemini Exchange Lists:
- High Trading Volume:
- The huge expectation in 2018:
- Listed on Coinbase: