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Recent Payouts

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MUEVbMwdc1znHc81rXGqZvHx9XQ5GcmHx311 satoshi2023-01-27 01:15:46
12jkP9ivSNRFhFZiqMpahNPowoLMskSMA416 satoshi2023-01-27 01:08:16
12jkP9ivSNRFhFZiqMpahNPowoLMskSMA420 satoshi2023-01-27 01:02:14
12jkP9ivSNRFhFZiqMpahNPowoLMskSMA420 satoshi2023-01-27 00:41:58
12jkP9ivSNRFhFZiqMpahNPowoLMskSMA415 satoshi2023-01-27 00:36:26
12jkP9ivSNRFhFZiqMpahNPowoLMskSMA417 satoshi2023-01-27 00:30:03
12jkP9ivSNRFhFZiqMpahNPowoLMskSMA416 satoshi2023-01-27 00:09:09
MH641qAe5dPsYeXPE5dZFwXk6r44LCSArX17 satoshi2023-01-26 21:57:13
MV4FPTs78VX32MwuDm2ic4ScH27UW7ugta19 satoshi2023-01-26 20:29:29
MEcWTxhso68Lfgfe7k5X8UbRWfSTQd4YKG18 satoshi2023-01-26 19:50:00


What is litecoin cryptocurrency?



Litecoin is a decentralized digital currency, similar to Bitcoin, that uses a peer-to-peer network to facilitate transactions. It was created in 2011 by Charlie Lee, a former Google employee, as a "lite" version of Bitcoin. Litecoin uses a different algorithm for mining, called Scrypt, which is designed to be more memory-intensive and therefore less susceptible to specialized hardware (ASICs) that can mine Bitcoin more efficiently. Litecoin also has faster transaction processing times and a larger maximum supply of coins (84 million compared to Bitcoin's 21 million). Overall, Litecoin is often considered to be a "silver to Bitcoin's gold" in terms of its position in the cryptocurrency market.


How To Buy Litecoin (LTC)?

  1. Set up a Litecoin wallet: Before you can buy Litecoin, you'll need a place to store it. There are several options for Litecoin wallets, including software wallets like Exodus or hardware wallets like Trezor.
  2. Choose a cryptocurrency exchange: There are many different exchanges where you can buy Litecoin, including Binance, Coinbase, and Kraken. Each exchange has its own fees, verification process, and trading pairs.
  3. Verify your identity: Most exchanges require you to verify your identity before you can buy Litecoin. This process usually involves uploading a government-issued ID and proof of address.
  4. Add funds to your account: Once you've verified your identity, you'll need to add funds to your account. You can do this by depositing cryptocurrency or linking a bank account or credit card.
  5. Buy Litecoin: Once your account is funded, you can buy Litecoin. You'll need to find the trading pair for Litecoin and place an order. You can buy Litecoin at the current market price or set a limit order at a specific price.
  6. Store your Litecoin: After you've purchased Litecoin, make sure to transfer it to your personal wallet for safekeeping. Don't leave your Litecoin on an exchange as it can be susceptible to hacking.