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LTC

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.

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What is LTC?

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.

0.003943 LTC = 1 AUD

LTC LTCAUD Australian Dollar
0.01 LTC2.5362 AUD
0.1 LTC25.3620 AUD
1 LTC253.6205 AUD
2 LTC507.2409 AUD
3 LTC760.8614 AUD
5 LTC1268.1023 AUD
10 LTC2536.2046 AUD
20 LTC5072.4092 AUD
50 LTC12681.0229 AUD
100 LTC25362.0458 AUD
1000 LTC253620.4576 AUD