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Where Can I Spend Litecoin

Litecoin - Price, Wallets & Where To Buy In 2018

Litecoin - Price, Wallets & Where To Buy In 2018

Buying Litecoin (LTC) with funds from your bank requires you to sign up at an online exchange. Once you have created an account at the Litecoin exchange listed below, you will deposit funds from a bank account or other funding method and purchase LTC. Sign up and purchase Litecoin (LTC) at Coinbase or CEX.IO. Use Litecoin: Ways to spend and Invest LTC Current LTC price & historical price chart Litecoin is a peer-to-peer, open source, cryptocurrency which is not governed by any central authority and is denoted by the symbol LTC. Litecoin is very similar to Bitcoin and shares many architectural features with Bitcoin but has some advantages over Bitcoin like a faster block generation time. Litecoin was released in October 2011 by Charlie Lee, a former Google employee. In November 2013, Litecoin saw a sharp increase in value. In 2014, Litecoin version 0.8.7.1 was released which removed some minor bugs and also countered the Heartbleed bug. In May 2017, Litecoin adopted Segregated Witness, a new type of consensus layer, and also introduced Lightning Network, a superfast transfer protocol which allows transfer of Litecoins within a second. Litecoin also works similarly to Bitcoin. Thus, when a payment is sent or received by Litecoin, the sender initiates a command to send the money. This command contains the amount to be transferred and the receivers address. This information is included in a block which carries it to the miners of Litecoin. Miners are basically online ledger keepers who approve (or disapprove) transactions. Once the transaction is approved by the miners, the amount is deducted from the senders wallet and is added to the receivers wallet. Litecoin charges a small fee for every transaction. Litecoin is basically a fork of Bitcoin. Thus, while many of the Bitc Continue reading >>

Litecoin Debit Card | Uquid

Litecoin Debit Card | Uquid

AnLitecoin debit card allows you to manage your moneysimply and securely, in person, online, over the phone or through the mail. Having a Uquidaccount helps you deposit money into your card, keep track of your spending and review your balance. An Litecoin debit card can be used whether you're home or away, at any time of day or night, so there's never aneed for cash. Wherever you use an Litecoin debit card, you're fully protected. If, for example, you're unfortunate enough to book a holiday with an airline or travel agent that becomes insolvent, we'll help youget your money back. Similarly, if you order something that is not delivered, not what you ordered, or arrives faulty or damaged, you can receive a full refund. It's more versatile than cash, and if you lose it, you can order a replacement. Continue reading >>

Litecoin - Wikipedia

Litecoin - Wikipedia

Litecoin (LTC or [1] ) is a peer-to-peer cryptocurrency and open source software project released under the MIT/X11 license . [2] Creation and transfer of coins is based on an open source cryptographic protocol and is not managed by any central authority. [2] [3] While inspired by, and in most regards technically nearly identical to Bitcoin (BTC), Litecoin has some minor technical differences compared to Bitcoin and other major cryptocurrencies. Limited release ( geometric series , rate halves every 4 years reaching a final total of 84 million LTC) Increasing difficulty per every 2016 blocks produced. Litecoin was released via an open-source client on GitHub on October 7, 2011 by Charlie Lee, a former Google employee. [4] The Litecoin network went live on October 13, 2011. [5] It was a fork of the Bitcoin Core client, differing primarily by having a decreased block generation time (2.5 minutes), increased maximum number of coins, different hashing algorithm ( scrypt , instead of SHA-256 ), and a slightly modified GUI . [6] During the month of November 2013, the aggregate value of Litecoin experienced massive growth which included a 100% leap within 24 hours. [7] Litecoin reached a $1 billion market capitalization in November 2013. [8] By late November 2017, its market capitalization was US$4,600,081,733 ($85.18 per coin). [9] [10] In May 2017, Litecoin became the first of the top-5 (by market cap) cryptocurrencies to adopt Segregated Witness . [11] Later in May of the same year, the first Lightning Network transaction was completed through Litecoin, transferring 0.00000001 LTC from Zrich to San Francisco in under one second. [12] Litecoin is different in some ways from Bitcoin . The Litecoin Network aims to process a block every 2.5 minutes, rather than Bitcoin's 10 mi Continue reading >>

Litepay | Home

Litepay | Home

Accept Litecoin payments for your business Use LitePay's retail, ecommerce, billing, and donation tools to accept payments from customers anywhere on earth. Receive settlement from Litecoin payments directly to your bank account in your own currency, with zero price volatility or risk. Create a wallet today to manage your Litecoin with the multi-sig (P2SH), SegWit wallet secured with BitGo. Available for all major mobile and desktop browsers. Turn Litecoin into dollars and spend anywhere The LitePay card lets you load dollars using any Litecoin wallet with 0% fees. Continue reading >>

What Is Litecoin?

What Is Litecoin?

Is Litecoin the 'lighter' sibling of Bitcoin? Bitcoin is no doubt a more well-known cryptocurrency, but you might be surprised to learn that Litecoin was introduced more than five years ago. Time to have a closer look at what Litecoin stands for and how it compares to Bitcoin! This article promises to explain such key questions as: How does Litecoin work? How does Litecoin creation work? Is Litecoin risky? We'll start with the most basic question: What is Litecoin? Litecoin is a peer-to-peer cryptocurrency. It is an open-source software project released under the MIT/X11 licence, which means that it places only very limited restrictions on its re-use. Litecoin is, in many ways, similar to Bitcoin as it's also considered a digital currency and a digital payment system. With Litecoin encryption techniques are used for two critical features: To regulate the generation of Litecoin units; To verify the transfer of funds and secure transactions. Although Litecoin and Bitcoin are similar in many ways, there are a couple of major differences between the two cryptocurrencies. What's the Difference Between Litecoin and Bitcoin? Some traders say that if Bitcoin is the equivalent of gold, Litecoin could be compared with silver. In fact, this is exactly what Litecoin developers had in mind when creating it. Both coins do share many similar characteristics, and Litecoin is similar to Bitcoin except for a couple of differences: Litecoin offers faster confirmation: The Litecoin Network aims at processing a block every 2.5 minutes, rather than Bitcoin's 10 minutes, which its developers claim allows for faster transaction confirmation. A distinct drawback is a higher probability of orphaned blocks. Litecoin uses a different hashtag algorithm: Litecoin uses scrypt in its proof-of-work al Continue reading >>

What Is Litecoin

What Is Litecoin

Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin . The Litecoin blockchain is capable of handling higher transaction volume than its counterpart - Bitcoin. Due to more frequent block generation, the network supports more transactions without a need to modify the software in the future. As a result, merchants get faster confirmation times, while still having ability to wait for more confirmations when selling bigger ticket items. Miners are currently awarded with 50 new Litecoins per block, an amount which gets halved roughly every 4 years (every 840,000 blocks). The Litecoin network is therefore scheduled to produce 84 million Litecoins, which is 4 times as many currency units as Bitcoin. Wallet encryption allows you to secure your wallet, so that you can view transactions and your account balance, but are required to enter your password before spending Litecoins . This provides protection from wallet-stealing viruses and trojans as well as a sanity check before sending payments. Litecoin is an open source software project released under the MIT/X11 license which gives you the power to run, modify, and copy the software and to distribute, at your option, modified copies of the software. The software is released in a transparent process that allows for indepen Continue reading >>

Shops | Litecoin Lub

Shops | Litecoin Lub

Some people are just beginning to explore the use of cryptocurrency think that Litecoin use only for some specific transactions and that, overall, this currency is worthless. If you think the same, then we hasten to reassure you: every litecoin can spend just as the dollar, the euro, the hryvnia, the ruble or any other currency to buy a product or service. Because the virtual currency, payment is always done online, but otherwise no different. You pay a specified amount, the seller provides you a service or a product passes. In this section, we have compiled a list of stores where you can pay litecoin. Of course, take them far from each vendor, but in any segment of the Internet you will find hundreds of thousands of authoritative, confirmed sites where deals are made including using cryptocurrency. This section of our website is just such a dedicated online shopping. For you, we have collected information on trading platforms, you do not have to search for them and risk their own financial interests, after all the money bill like and respect, even if the money - cryptocurrency. Perhaps you do not even imagine what opportunities open up in front of you when you own some amount litecoin. By accessing the Internet in shops, taking Litecoin, you can make all kinds of transactions in the same way as is usually done in the online stores. Only in this way more and not worry about the fact that someone will remain your personal or contact details, bank details or other sensitive information. Make trades, as you already know, you can not binding and other identification procedures. How to make a safe deal, paying litecoin? Information in this section will help you to choose among those stores that have confirmed their integrity and proved that they can be trusted. You can spen Continue reading >>

Litecoin (ltc): Litepay And The Future Of Cryptocurrency Transactions

Litecoin (ltc): Litepay And The Future Of Cryptocurrency Transactions

Litecoin (LTC): LitePay and the Future of Cryptocurrency Transactions Litecoin (LTC)Litecoins price surge this week has paved the way for a recovery in the crypto marketplace. While some of the value is being pumped for unscrupulous reasons (namely the expectation of free coins, a la Bitcoin Cash, through the upcoming hard fork) Litecoin has distinguished itself as a cryptocurrency dedicated to usability and utility through transactions. Litecoin investors, developers and founder Charlie Lee have correctly recognized that the future of cryptocurrency is through commerce adoption. If people can spend the currencies, as they would any form of money, the technology behind crypto suddenly becomes far more attractive than as a niche form of asset speculation. While Litecoin Cash might be muddying the water of an otherwise exciting price run, Litecoin is also being recognized for its value as a currency-alternative to Bitcoin, with cheaper fees and faster transactions. LitePay is another major development that investors are taking notice of. LitePay is a payment processor that exchanges Litecoin for government fiat anywhere in the world. The system is designed to be the worlds first cross-border, international cryptocurrency payment network, with an emphasis on being an easy-to-use solution for business looking to implement cryptocurrency. LitePay, as the name suggests, only accepts Litecoin for transactions and immediately converts the payment into the fiat-denomination of the sellers choice. This solves two problems currently plaguing the adoption of cryptocurrency commerce: the first is sellers who wish to deal with crypto customers while retaining their sales in fiat. The second is the highly variable pricing of cryptocurrencyat least for now. Because LitePay instantly c Continue reading >>

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 >>

List Of Places To Spend Litecoin : Litecoinmarkets

List Of Places To Spend Litecoin : Litecoinmarkets

A few options of the easiest ways to implement Litecoin payments currently are: - currently used by Overstock.com - Payment gateway for LTC & BTC - an international LTC & BTC payment processor - an electronic payment system for LTC & BTC - Enabling merchants to accept BTC & LTC payments - Provides merchant services in LTC, BTC, & many others - a decentralized payment plugin to accept LTC, DOGE, & BTC - an open source crypto-currency payment gateway - accept LTC, BTC, & over 25 others fast & easy - Furniture, Decor, Cars, Pet Adoptions, Jewelry, Clothing - Electronics , Home and Kitchen - Jewelry, Coins, Shirts, Collectors Items - Jewelry, Coins, Shirts, Collectors Items Gift Cards, PCs, Clothing, Food, Tools, Perfume, Electronics, Bags, Shoes, Gifts, Pet Products Continue reading >>

Litepay May Bring A Lot More Positive Attention To Litecoin

Litepay May Bring A Lot More Positive Attention To Litecoin

We may very well see some major competition in the world of cryptocurrency payments very soon. If everything goes according to plan, the LitePay service will go live today. Not only will this introduce more consumers and retailers to Litecoin itself, but the LitePay Card is expected to become available as well. For those who are unaware of what LitePay is exactly, it is a service designed to accept Litecoin payments.It also works for people looking to store and spend LTC in a convenient manner. Perhaps the most impressive feature ofthe LitePay service isthatit will also provide a card-based service to make the spending of Litecoin a lot more convenient. On paper,LitePays biggest advantage isthat it becomes a lot easier for people to accept Litecoin payments. So far, it seems Litecoin has not made a big impact in this regard so far, even though the network has a healthy amount of transactions overall. This does seem to indicate a lot of people are more than willing to spend Litecoin forcertain goods and services. Business owners will be pleased to hear that LitePay lets them accept LTC payments in a convenient manner. It works for both retail and e-commerce alike, which only further highlights the importance of cryptocurrency payments. LitePay also handles the settlement of transactions by converting incoming transfers to fiat currency deposited in a bank account. The LitePay Card is what most people will show an interest in moving forward. Consideringthat there are so many issues when it comes to cryptocurrency and payment cards right now, it will be rather interesting to see how LitePay tackles this aspect.Neither Visanor Mastercardis too keen on dealing with cryptocurrencies as of right now, yet it remains unclear if LitePay has come up with a solution to bypass this Continue reading >>

Here Comes Litepay | A Litecoin Payment Processor

Here Comes Litepay | A Litecoin Payment Processor

LitePay aims to deliver the worlds first borderless payment network, a watershed moment for cryptocurrency and Litecoin . Imagine sending Litecoin from the wallet of your choice to a LitePay Debit card, allowing you to spend Litecoins anywhere in the world debit cards are accepted. Merchants will be able to accept Litecoin without worrying about the current price volatility in cryptocurrency. When you spend Litecoin at the store, LitePay instantly converts the Litecoins into the local fiat currency and deposits the money into the merchants bank account. To calculate the exchange rate for US Dollars, we typically pull the market depth from an exchange with adequate liquidity and reliable withdrawal capabilities in the USA and Eurozone. For non-USD currencies, exchange rates are based on the Open Exchange Rates API . However, as Litecoin markets mature, LitePay will use those markets directly. So you might be thinking, but whats wrong with my regular debit or credit card? Why would I want LitePay? Currently, you pay higher prices to make up for the 3% processing fees on credit card transactions. If stores accept Litecoin with Litepay, theres only a 1% settlement charge to receive the direct bank deposit. With Litepay, merchants also save money by eliminating the costs and risks associated with fraud and chargebacks. Amazingly, you can also useLitepay cards at ATMs to withdraw cash. The massive steps forward in the liquidity and utility of Litecoin are reflected in the recent price bump. Litecoin is up over 63% the week after Litepay news started to spread. Litepay is looking to be ready on February 26th, 2018. We started because the people asked @Bitpay to accept LTC. They wouldnt, so we took the challenge. Infrastructure for LTC February 26 #PayWithLitecoin #LitePay Lit Continue reading >>

Where Can I Spend Litecoin?

Where Can I Spend Litecoin?

You can shop using Litecoin on Chinas Top Online Shopping Marketplaces like Taobao.com , Tmall.com , and 1688.com with Taobao Age. , your reliable Taobao Agent, now accepting Litecoins for payments. Taobao is the no. 1 online shopping website in China where you can find anything at the lowest prices. The website is in Chinese language but you may use google chrome to translate the web page to english, as it has built-in translation tool. Taobao Age. offers the following services for a minimal fee of 5% of product cost: Buying Service. We buy your requested products in Taobao, Tmall, and 1688. We deal with sellers directly, as most sellers in these sites could not communicate in english, as their target market are local shoppers in China. Nevertheless, there are just so many great deals you can find on these sites with millions of sellers actively trading. Product Inspection. Once we receive your goods in our processing hub located at Guangzhou China, we carefully inspect products to make sure they are in good condition and meet your specifications. Any issues will be resolved in a timely manner with the seller. Combine Orders. You can have your orders combined in one parcel, especially when you are buying from multiple sellers. By doing so, you can save up to 60% in international shipping cost! Repacking. We handle repacking without any extra charge, sometimes we receive oversized packaging so we can repack in ideal packaging to minimize volumetric weight, as the volumetric weight or dimensional weight is a consideration in calculating shipping cost with most shipping companies. This actually refers to the amount of space that your parcel occupies in the aircraft, and basically you need to pay for that amount of space. And if there are issues with the packaging that we Continue reading >>

Uber Now Accepts Litecoin (but Not Bitcoin!)

Uber Now Accepts Litecoin (but Not Bitcoin!)

Today, Litecoin has had a massive win. For the first time, a major company has chosen to accept only LTC. That's right. They don't support Bitcoin and have no plans whatsoever to add support. UPDATE: The source may be fake news. If anyone in the Czech Republic can confirm if Uber is supporting LTC or not, that'd be great. (supposedly they have an email [emailprotected] if someone wants to ask them) It's a great day for LTC, when companies choose Litecoin over Bitcoin. Note: At the current point in time, this is a trial run in the Czech Republic, it's not available in countries such as the UK and US. If the Czech trial goes well, they may roll it out to the rest of the world. Here is Uber's response to "will you accept BTC?" No, unfortunately, we do not want to clog the user application and will only support Litecoin for now. It has been selected because it supports SegWit, has fast transactions with low fees and its development team shows integrity. We are also keen to leverage the upcoming features they are adding, such as Lightning Network. In my own products, I'm encouraging the use of Litecoin for similar reasons. Bitcoin is slow, has high fees, and the development teams are constantly at war with each other. Extremely low fees. Average fee is just 0.001 LTC (that's just $0.02 compared to Bitcoin's average of $10) Segregated Witness (Segwit), proudly voted in by the miners, not UASF Lightning network (Bitcoin won't get this for many months, since they still can't decide on segwit) Widely support by various wallets, and many merchant providers such as CoinPayments A thriving economy. Litecoin is supported by almost every major exchange, including Poloniex, Kraken, Coinbase, Litecoinlocal, GDAX, and many more. While STEEM/SBD also has brilliant features, Litecoin alr Continue reading >>

Litecoin Applications: Places To Spend Yourltc

Litecoin Applications: Places To Spend Yourltc

Home Cryptocurrency Litecoin Litecoin Applications: Places to Spend YourLTC Litecoin Applications: Places to Spend YourLTC Mohan Garikiparithi Profit Confidential 2017-12-10T07:00:14Z 2017-12-12 07:00:49 litecoin applications what is litecoin what is litecoin intrinsic value litecoin value litecoin for businesses litecoin for individual users how to spend your litecoin uses of litecoin who accepts litecoin top businesses who accept litecoin litecoin segwit litecoin blockchain explorer litecoin limitations litecoin future value ltc potential value litecoin market cap cryptocurrency market A brief description of the cryptocurrency, Litecoin, its business applications, individual applications and the places what it is accepted. Litecoin When people still ask me, What is Litecoin? Im surprised because the growth of Litecoin applications has been so spectacular this year, one would assume its a household name by now.Litecoin is a cryptocurrencyan Internet currency that enables a person to conduct an almost-instant and almost-free financial transaction with another person, anywhere in the world. In fact, with the Litecoin market cap at near $5.36 billion, it is one of the top 10 cryptocurrencies on the market. (Source: " Litecoin ," CoinMarketCap, last accessed December 4, 2017.) One question that seems to have no real answer is, What is Litecoins intrinsic value? The intrinsic value of Litecoin comes from the fact that it can be used in exchange for different products and services. Currently, Litecoin is accepted in a few select places in exchange for goods and services. As more retailers start accepting this cryptocurrency, the Litecoin value is bound to increase. In general, cryptocurrencies like Litecoin offer very good opportunities for business purposes. The reason man Continue reading >>

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