Litecoin or LTC is a decentralized peer-to-peer cryptocurrency and payment network. In a technical sense, this cryptocurrency works in the same way as BTC. This means that Litecoin transactions are recorded and verified anonymously on a public ledger called a blockchain.
Advantages
- Fast block generation and transactions (2.5 minutes)
- Low transaction fees (less than $0.1)
- Development team that releases updates
- Some analysts suggest that investments in Litecoin can bring profit in the near future (in 5 years, according to Wallet Investor forecasts, its price will reach $238)
The main wallet of this currency is Litecoin Core. It was created by the developers of the network itself. There are also alternatives like Electrum, which is a wallet that does not require downloading the blockchain. In addition, there are separate applications for mobile devices.
Best casinos to play with this coin
Do you want to use Litecoin to make a deposit in an online casino? Do not rush to go to any casino you come across, it is better to check out our list of the best licensed casinos that accept this cryptocurrency. All of them are safe, you can trust them with personal information and money!
