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Litecoin How To Buy

How To Trade Litecoin

How To Trade Litecoin

Cryptocurrency has come a long way since Bitcoin burst on to the scene all the way back in 2009. Today there aremany different cryptocurrencies to choose from, all with their own specific designs and niches. Litecoin was designed to be the silver to Bitcoin s gold. Its one of the most popular cryptocurrencies available. So what makes Litecoin different than Bitcoin and is it worth trading litecoin? Lets start at the beginning by answering the question, what is Litecoin? Litecoin was the brainchild of a former Google employee Charlie Lee. The cryptocurrency went live on October 13th 2013 and incorporated some of Bitcoins code. There was no pre-mine and the launch was intended to be as fair to the community as possible. In 2013 Litecoin experienced fairly explosive growth and achieved a market cap of $1 billion. In 2017 Litecoin adopted SegWit and was the first cryptocurrency to make a transfer using the Lightning Network . Litecoin (LTC) is a decentralized, open-source payment network, or cryptocurrency. It allows you receive, store, and send money to other people. Its one of the three largest cryptocurrencies, together with Bitcoin (BTC) and Ethereum (ETC). Litecoin was designed to improve on many of the perceived failings of Bitcoin and to be the silver to Bitcoins gold. To this end Litecoin has a cap of 84 million tokens, this is in comparison to the 21 million cap used by Bitcoin. It also has a block generation time of 2.5 minutes compared to Bitcoins 10. The aim was to make Litecoin easier to obtain and trade than Bitcoin. Litecoin was also created with an aim to reduce the centralization of mining. The cryptocurrency was designed to use a code called Scrypt. This was designed to be more CPU friendly to encourage more users to mine and prevent ASIC miners dominatin Continue reading >>

Litecoin.com - Open Source P2p Digital Currency

Litecoin.com - Open Source P2p Digital Currency

Litecoin Core v0.14.2 released! This is an important update, all users are advised to upgrade SegWit & CSV activation imminent. All users, especially miners and exchanges are advised to upgrade to 0.13.2 ASAP! SegWit has activated on testnet! If you mine on testnet and haven't upgraded, please do so ASAP! Release info here: Litecoin Core v0.13.2 released! This is an important update, all users, especially miners are advised to upgrade In response to CVE-2015-7547, several Litecoin infrastructure related sites will be undergoing brief maintenance over the next 24-48hrs. Litecoin Core v0.10.4.0 released! This is an important update, all users, especially miners are advised to upgrade Litecoin Core v0.10.4.0 RC. Important update, please test thoroughly as this will likely be the actual release. Litecoin Core v0.10.2.2 released. This is a critical update, all users, especially miners MUST upgrade ASAP RT @SatoshiLite : Litecoin debit card!!! RT @SatoshiLite : I love the fact that @CNBCFastMoney is covering Bitcoin/Litecoin every day now. So much mainstream exposure. @novogratz p RT @coinyeezy : the family is getting some Litecoin this year for the holidays love the reactions when I try to explain what it is !! RT @SatoshiLite : Very exciting if true, but to be honest, I can't imagine they would do this anytime soon. RT @kickmofoass : Move over, bitcoin. Here comes litecoin - CNNMoney @SatoshiLite @LTCFoundation @LiteCoinNews RT @TheRealXinxi : Litecoins number of tweets per day just surpassed Ethereum. Continue reading >>

Coinbase - Buy/sell Digital Currency

Coinbase - Buy/sell Digital Currency

Coinbase makes it easy to convert your local currency into and out of Litecoin. On this page, you'll learn how to buy Litecoin and store it securely in a wallet. The first step is to sign up for a Coinbase account. This will give you a secure place to store your Litecoin, and easy payment methods to convert your local currency into or out of digital currencies. Connect Your Bank Account, Credit Card or Debit Card After you sign up, connect your bank account, credit card or debit card. You'll need to complete some verification steps before you can use the account. Once the verification steps are complete, you can start a purchase. After starting your first purchase, we'll complete your buy and deliver your Litecoin. (Sells work the same way but in reverse). The price of ether changes over time, so we'll show you the current exchange rate before you buy. Continue reading >>

How To Buy Litecoin - What You Need To Know About Buying Litecoin

How To Buy Litecoin - What You Need To Know About Buying Litecoin

People have often describedlitecoin as silver tobitcoin's gold. It is the thirdlargest cryptocurrency after bitcoin by market cap, with Ripple sitting in second place . Litecoin was developed as a bitcoinalternative to address some of that cryptocurrency'sperceived shortcomings. It was designed to be lightweight and more abundant than bitcoin. In addition, it uses scrypt as its proof-of-workalgorithm, which was aimed to make it impervious to ASIC mining, although several companies say they are planning to launch scrypt ASIC miners in the near future. A total of 84 million litecoins can be produced on the network (compared with 21 million BTC), which was designed to process blocks faster than bitcoin. If you would like to know a bit more about litecoin, then read this more detailedintroduction on how to get started . Some points of note before you buy litecoin: Litecoin became an increasing magnet for speculators after bitcoin's price surge in November 2013, but prices have since dropped in parallel. You can expect the two cryptocurrencies prices to largely move in the same direction, although litecoin's value is by far the lower of the two. Seasoned bitcoin investors should have no trouble adapting to litecoin, but novice investors may not find it as easy, as the infrastructure is less established than that of bitcoin. An alternative way of gaining litecoins is by mining them using standard computing equipment. Always do your own research before investing funds, and do not risk amountsyou cannot afford to lose. If you are aware of the risks, if youve done a lot of research and you are still willing to enter the litecoin market, there are a number of potential pitfalls and issues that need to be addressed. Cash for litecoins or bitcoins for litecoins? Buying litecoins i Continue reading >>

3 Simple Steps To Buying Litecoin - A Beginner's Guide (2017 Updated)

3 Simple Steps To Buying Litecoin - A Beginner's Guide (2017 Updated)

Last updated on December 4th, 2017 at 11:36 am Note:If youre looking to buy Dash for trading purposes only you may want to check out Plus500 Litecoin CFD trading.Keep in mind that when trading CFDs your capital is at risk. Litecoin was created by Charles Lee, a former employee of Google. It has taken the general idea behind Bitcoin, but changed a few key component: The blocktime, is 2.5 minutes versus 10 minutes for Bitcoin. The mining algorithm which blocks the use of powerful ASIC miners like you have in Bitcoin. The total number of Litecoins available is 84 million as opposed to Bitcoins 21 million. How to buy Litecoin?(PayPal, credit card, bank transfer) Litecoin, Bitcoins younger brother has recently taken off to new heights. Since Litecoin reached its all time high on December 2013 of $38 it then plummeted and kept a steady exchange rate of around $3 for the last 3.5 years. However recently Litecoin started booming again, many people say this is due to the fact the currency has adopted the Segwit soft fork implementations. Today Litecoin is trading over over $40 on most major exchanges. In this post I will cover how you can buy Litecoins using a credit card, your Paypal account or wire transfers. Keep in mind that using the first two methods will probably cost more than using the wire transfer. This is due to the fact that if you buy Litecoin with Paypal or a credit card the seller takes the risk of your requesting a chargeback on your transaction. Before you buy your Litecoins you should first get a wallet to store them on. Between some of the most popular wallets today for Litecoin are Coinbase , Exodus and Jaxx . If youre looking for better security for your Litecoins you can use hardware wallets like TREZOR or Ledger to store them as well. One of the main iss Continue reading >>

How To Buy Litecoin (ltc)

How To Buy Litecoin (ltc)

Its a bit harder to buy Litecoin with fiat currencies, such as American dollars, than it is to buy bitcoin or other cryptocurrencies. There simply arent as many brokers or exchanges that support it at least for now. While youll need to look a bit harder, you can still find different ways to buy. Although its not quite as widely available as bitcoin, you can buy Litecoin in the same way as other cryptocurrencies. Peer-to-peer. Buy Litecoin from individual sellers. For example, look for people selling LTC on litecoinlocal.net, or trade bitcoin for Litecoin at Paxful . From a broker. Send money to a cryptocurrency trader to buy Litecoin. For example, you might look at Coinmama or 247exchange . On an exchange. Buy Litecoin on the open market at an exchange, or trade other cryptocurrencies for it. For example, investigate Changelly or Indacoin . Youll generally also need to have a Litecoin compatible wallet ready before you buy. Wire, credit card, debit card, cash deposits, prepaid vouchers You can buy Litecoin with PayPal on Cryptex24. Alternatively, you might buy bitcoin with PayPal via VirWox exchange, and then trade bitcoin for Litecoin elsewhere. You can buy Litecoin with a credit card on Coinbase, Indacoin, Coinmama and 247exchange. You can buy Litecoin with cash in various forms, at different places. Coinmama. You can pay cash over the counter at a Western Union for transfer. Litecoinlocal.net. You can arrange a cash payment when buying peer to peer. Cryptex24. You can pay cash over the counter at a money transfer service. 247exchange. You can make a cash deposit at a bank or pay cash for a prepaid voucher that can be used to buy Litecoin. To pay for Litecoin with cash, youll want to look for platforms that accept cash deposits, prepaid cards or local peer-to-peer tr Continue reading >>

Missed Bitcoin? Heres How To Buylitecoin

Missed Bitcoin? Heres How To Buylitecoin

Missed Bitcoin? Heres how to buyLitecoin You have either read about Litecoin or understood it or havent understood but dont wanna miss the train. In this article, well help you understand whats a Litecoin is, hows it different from Bitcoin, reliable place to buy one. What is a Litecoin and how is it different fromBitcoin? Its good to know a bit more about the asset youre investing, so a brief description about Litecoin and hows it different from the king Bitcoin. if youve already read about it, you can skip this section. Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. If youre familiar with the digital currency Bitcoin, the above definition might sound similar. Thats because Litecoin is based on Bitcoins open source codebase, but with a few technological differences. Litecoin was never intended to replace Bitcoin but to complement it like the silver to Bitcoins gold. Differences between Bitcoin & Litecoin by LindaXie Now that you know whats a Litecoin, we can go ahead and learn ways to invest in Litecoin. However, youll have following questions in mind. Whats a reliable place to buy a Litecoin? Whats the process associated and options available? Coinbase This is the place where you can convert your fiat currency(US Dollars) into Litecoin or other Cryptocurrencies. I dont work for Coinbase . I just find them convenient. There are a lot of alternative options but Coinbase is the recommend one! Always always pay your taxes and never try to evade them! Litecoin is not just the one to buy, there are other blockchain based currencies, which are different and in some terms superior to just being a currency. Few of which are Bitcoin, Ripple, Monero. Litecoin is like silver if Bitcoin is Gold. Confused about wha Continue reading >>

Buy Litecoin: 5 Best Exchanges To Buy Instantly In 2017

Buy Litecoin: 5 Best Exchanges To Buy Instantly In 2017

Jordan Tuwiner Last updated July 13, 2017 This post will show you the best ways to buy litecoins using many different payment methods. Weve listed below many different methods followed by exchanges you can use for each different method. Now that Litecoin has Segwit , it is becoming a very popular buy. Before you start, make sure you have a good litecoin wallet to store your LTC. NEVER store your litecoins an exchange. Buy Litecoin with Credit Card or Debit Card Coinbase is the easiest way to buy litecoins with a credit card. Coinbase is available in the United States, Canada, Europe, UK, Singapore, and Australia. The fees will come out to 3.99% per purchase. BitPanda is based in Austria and is a crypto brokerage service. You can buy using a credit card from most European countries. Buy Litecoin with Bank Account or Bank Transfer Coinbase is the easiest way to buy litecoins with a bank account or transfer. Coinbase, like is is for credit cards, is available in the United States, Canada, Europe, UK, Singapore, and Australia. Americans can use ACH transfer (5-7 days wait), and Europeans can use SEPA transfer (1-3 days wait). The fees will come out to 1.49% per purchase. BitPanda is based in Austria and is a crypto brokerage service. You can buy using SEPA transfer from most European countries. You can also use SOFORT, NETELLER, or GiroPay. Never store your litecoins on an exchange! Always withdrawal your litecoin to an offline wallet like the Ledger Nano S or any other wallet that you control. There is no good way to buy litecoins with cash. LocalBitcoins is the most popular way to buy bitcoins with cash, and it does not have Litecoin support. Other popular cash to Bitcoin exchanges like BitQuick and Wall of Coins also do not support LTC. So you will have to first buy bit Continue reading >>

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