Litecoin uses Scrypt, a different hashing algorithm than Bitcoin, to shorten the time it takes to generate new blocks of transactions. As a result, Litecoin’s network has higher transaction speeds and lower fees than Bitcoin. For example, Litecoin processes 56 transactions per second, while Bitcoin only processes 7 per second.
What is LTC used for?
LTC is a crypto token primarily used for digital payments. Since it features superior transaction speed, it’s often used as an affordable alternative to Bitcoin for transferring money. LTC is also widely accepted by both online and offline merchants.
How do I sell LTC?
It’s easy to sell LTC in Australia by joining a trusted trading platform like Coinstash. Simply log in to your account and enter the amount of LTC you want to sell. Or, you can select the option to enter the equivalent amount of AUD. Then click Sell LTC. It’s as simple as that!
Learn how to buy Litecoin.
Why should I trade Litecoin with Coinstash?
Coinstash AU is one of the highest-rated crypto platforms in Australia. Since 2017, we’ve been a one-stop crypto solution for thousands of customers.
People love our great customer support, easy-to-use interface, industry-leading security, and other innovative features. We’re also an AUSTRAC registered exchange and have an AFSL license so that you can trade with confidence.
Ready to start trading Litecoin (LTC)? Create your Coinstash account in minutes!
The Litecoin price is $149.44 AUD, representing a +17.64% from the day prior.
The best place to buy Litecoin (LTC) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Litecoin (LTC) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
The trading volume of Litecoin (LTC) is $4.5B AUD in the last 24hrs, representing a +17.64% from the day prior.
Litecoin (LTC) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
The current market cap of Litecoin (LTC) is $16.9B AUD.
Yes - With Coinstash you can convert your Litecoin (LTC) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
The current circulating supply of Litecoin (LTC) is 75.2M.
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Litecoin (LTC) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.