| Pair | Price | Change | Action |
|---|---|---|---|
LTC/USDT | ₮68.27$68.27 | +5.45% |
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$68.27
+$3.53 (+5.45%)
Xinxi Wang is cofounder of LTCFoundation.
Litecoin mining requires special hardware called an application-specific integrated circuit, or ASIC.
ASICs are computer chips designed to do one task incredibly well. Although the network's hashing algorithm was implemented to stop ASICs from dominating the network, ASICs optimized for hashing with Scrypt have since been developed.
If you already have a Scrypt ASIC, head over to the OKEx Mining Pool. Mining as part of a pool decreases your profit variance by generating a consistent flow of newly mined LTC.
The Litecoin price is a function of varying demand. With growing Litecoin adoption as both a medium of exchange and a store of value, the LTC price has increased.
As part of an entirely new asset class, demand for Litecoin constantly varies. Changes in demand against a fixed supply determined by the protocol create volatility in the LTC price. The potential profitability of timing buys and sells with market moves makes cryptocurrencies like LTC very popular with traders.
Investing in Litecoin and other cryptocurrencies is increasingly popular. However, that doesn't mean it's without risk. Before you invest in any asset, you should carefully weigh the risks against the potential rewards.
If you're ready to invest in Litecoin, OKEx's cutting-edge exchange has options tailored to all levels of user:
Quick trade — Perfect for beginners. Instantly buy and sell Litecoin and other cryptocurrencies with popular payment methods.
Exchange — For traders and more advanced users. Nail down your Litecoin trading strategy using a range of order types.
OKEx OTC — Our high net worth and institutional option. Those wanting to buy or sell LTC in larger volumes can use our Litecoin OTC trading desk.
You can buy Litecoin right here on OKEx. Just click "Sign Up," confirm your email address and you're all set.
Once you're logged into your account, push "Buy/Sell" or "Buy Crypto." From there, choose your purchase amount and payment method. Finally, confirm your transaction. Your Litecoin will arrive in your wallet immediately after your payment completes.
Since its 2011 launch, Litecoin's market cap has risen into the billions of dollars. Increasing crypto adoption among merchants and investors creates demand and pushes the price up.
Litecoin provides hard monetary assurances, similar to Bitcoin, while allowing for faster and cheaper transactions. It also serves as a testing ground for innovations that often find themselves integrated into Bitcoin.
When you're ready to make a Litecoin investment, just sign up for an OKEx account and follow the onscreen prompts. If you'd like to know more about Litecoin first, head over to the OKEx Academy.
Litecoin mining requires special hardware called an application-specific integrated circuit, or ASIC.
ASICs are computer chips designed to do one task incredibly well. Although the network's hashing algorithm was implemented to stop ASICs from dominating the network, ASICs optimized for hashing with Scrypt have since been developed.
If you already have a Scrypt ASIC, head over to the OKEx Mining Pool. Mining as part of a pool decreases your profit variance by generating a consistent flow of newly mined LTC.
The Litecoin price is a function of varying demand. With growing Litecoin adoption as both a medium of exchange and a store of value, the LTC price has increased.
As part of an entirely new asset class, demand for Litecoin constantly varies. Changes in demand against a fixed supply determined by the protocol create volatility in the LTC price. The potential profitability of timing buys and sells with market moves makes cryptocurrencies like LTC very popular with traders.
Investing in Litecoin and other cryptocurrencies is increasingly popular. However, that doesn't mean it's without risk. Before you invest in any asset, you should carefully weigh the risks against the potential rewards.
If you're ready to invest in Litecoin, OKEx's cutting-edge exchange has options tailored to all levels of user:
Quick trade — Perfect for beginners. Instantly buy and sell Litecoin and other cryptocurrencies with popular payment methods.
Exchange — For traders and more advanced users. Nail down your Litecoin trading strategy using a range of order types.
OKEx OTC — Our high net worth and institutional option. Those wanting to buy or sell LTC in larger volumes can use our Litecoin OTC trading desk.
You can buy Litecoin right here on OKEx. Just click "Sign Up," confirm your email address and you're all set.
Once you're logged into your account, push "Buy/Sell" or "Buy Crypto." From there, choose your purchase amount and payment method. Finally, confirm your transaction. Your Litecoin will arrive in your wallet immediately after your payment completes.
Since its 2011 launch, Litecoin's market cap has risen into the billions of dollars. Increasing crypto adoption among merchants and investors creates demand and pushes the price up.
Litecoin provides hard monetary assurances, similar to Bitcoin, while allowing for faster and cheaper transactions. It also serves as a testing ground for innovations that often find themselves integrated into Bitcoin.
When you're ready to make a Litecoin investment, just sign up for an OKEx account and follow the onscreen prompts. If you'd like to know more about Litecoin first, head over to the OKEx Academy.
