Litecoin Crypto Price Prediction, Value and Chart (LTC)

It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies.

Weiss Research, an investment research firm that rates cryptocurrencies, has given Litecoin an overall rating of "B-", a technology and adoption rating of "B", and a market performance rating of "D".

- Faster transaction confirmations (2.5 minutes on average) - Scrypt-based mining proof-of-work algorithm - 84 million litecoins - Higher transaction volume than Bitcoin - MIT/X11 license   (Information provided by CryptoCompare.)

Litecoin produces its own wallet software that is available for download on its website, which allows you to store Litecoin on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

One Litecoin (LTC) is currently worth $72.52 on major cryptocurrency exchanges. You can also exchange one Litecoin for 0.00447070 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Litecoin in U.S. dollars is $5.20 billion.

Litecoin is a proof of work (PoW) coin that uses the Scrypt algorithm.

Litecoin and other Scrypt coins can typically only be mined profitably with a piece of specialized mining hardware called an ASIC, which stands for application-specific integrated circuit. Major manufacturers of ASICs include BitMain (AntMiner), Microbt (Whatsminer), and Canaan (AvalonMiner). ASIC hardware can be purchased directly from the manufacturer or from resellers on Amazon and eBay.

The following coins use the same hashing algorithm (Scrypt) as Litecoin: Dogecoin, Uniswap, UNUS SED LEO, DEI, dForce USD, Polymath, Counos Coin, MegaCoin, EAC, WhiteCoin, ReddCoin, Lotto, 42-coin and PotCoin.

The official Reddit community (subreddit) for Litecoin is https://reddit.com/r/litecoin.