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Litecoin (LTC)
Litecoin is an open-source cryptocurrency founded in 2011 by Charles Lee, a former Google employee. It was created as a hard fork of Bitcoin with the goal of providing a faster and cheaper alternative for everyday payments. Litecoin uses the proof-of-work algorithm scrypt, allowing transactions to be confirmed approximately every 2.5 minutes. Thanks to its low fees, speed, and long history, Litecoin remains one of the most widely used cryptocurrencies in the world.Sources
Litecoin and what people ask most:
Has Litecoin undergone a halving, and what does it mean?
Yes, the most recent Litecoin halving occurred on August 5, 2023. The block reward for miners was reduced from 12.5 LTC to 6.25 LTC. Halvings reduce the rate of new coin creation, which has historically led to increased interest in Litecoin and potential price growth.
Is Litecoin still relevant in 2025?
Yes. Litecoin continues to maintain its position among the leading cryptocurrencies even after more than a decade. Thanks to low transaction fees, fast confirmations, and the introduction of private transactions via MWEB, Litecoin remains a popular choice for real-world payments as well as for storing value.
Few of our numbers
2014
Our founding year. In crypto,
one decade is a small eternity.
one decade is a small eternity.
€4 B
The volume we managed to trade so far.
120 k+
People from all over the world put their trust in us. Thank you.
