Litentry Crypto Price Prediction, Value and Chart (LIT)

Litentry (LIT) Frequently Asked Questions

What is Litentry?

Litentry is a network that supports DID aggregation protocol and a decentralized mobile application. Litentry Network is built on top of the Substrate framework with the objective of enabling DID aggregation, verification, and credit calculation. It aims to simplify the process of resolving agnostic DID mechanisms by integrating DID standards into a modularized identity service. The Litentry mobile application serves as a secure vehicle for users to collect their decentralized identities and manage them in one place. LIT token holders are also able to participate in on-chain governance in an efficient and secure manner. (Description provided by CryptoCompare)

How do I buy Litentry?

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, including Litentry.

Where can I get Litentry wallet?

Litentry produces its own wallet software that is available for download on its website, which allows you to store Litentry 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.

What is the value of Litentry?

One Litentry (LIT) is currently worth $0.83 on major cryptocurrency exchanges. You can also exchange one Litentry for 0.00004333 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Litentry in U.S. dollars is $30.97 million.

What hashing algorithm does Litentry use?

Litentry is a coin that uses the ETH Token algorithm.

What coins are similar to Litentry?

The following coins use Litentry's ETH Token algorithm and proof-type: Binance USD, BITCOIN ADDITIONAL, Mammoth, Crypto.com Coin, Parkgene, Dai, DREP, DREP [old], THETA, yOUcash, Polygon, FTX Token, Chainlink, KickToken [old] and Magic Internet Money.