Litecoin

Litecoin was one of the first cryptocurrencies to be released after Bitcoin. Launched in 2011 by Charlie Lee, Litecoin is intended to be the “digital silver” to Bitcoin’s digital gold. Litecoin has four times greater supply (a total of 84 million LTC, against 21 million BTC) and four times faster blocks (2.5 minutes instead of 10 minutes). Its mining algorithm, Scrypt, was designed to be more accessible for everyday users, and was harder to develop specialist chips to mine.

What is Litecoin?

Litecoin became established early on and remains one of the most popular and liquid cryptocurrencies, with a large trading and mining community. Because it is faster than Bitcoin and fees are lower, it is more suited to using for small transactions. Litecoin’s developers have also been quick to implement new technologies, such as SegWit, providing both new functionality for users and a test-case for Bitcoin and other cryptocurrencies. Litecoin is traded on a very large number of exchanges, and continues to be one of the most valuable cryptocurrencies by total market cap.

Litecoin price chart

AUD 294.28
AUD -67.11 (-18.57%)
VOLUME:
AUD 16,424,753,395.00
24 HOUR HIGH:
AUD 372.12
24 HOUR LOW:
AUD 286.01
Market Cap:
AUD 19,776,794,756

0.003395 Litecoin = 1 Australian Dollar (AUD)

LTC [Litecoin]AUD [Australian Dollar]
0.01 Litecoin=2.9457 Australian Dollar
0.1 Litecoin=29.4573 Australian Dollar
1 Litecoin=294.5729 Australian Dollar
2 Litecoin=589.1459 Australian Dollar
3 Litecoin=883.7188 Australian Dollar
5 Litecoin=1472.8647 Australian Dollar
10 Litecoin=2945.7294 Australian Dollar
20 Litecoin=5891.4588 Australian Dollar
50 Litecoin=14728.6470 Australian Dollar
100 Litecoin=29457.2941 Australian Dollar
1000 Litecoin=294572.9407 Australian Dollar