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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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Crypto is better than bills

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.

0.006248 LTC = 1 AUD

LTC LTCAUD Australian Dollar
0.01 LTC1.6004 AUD
0.1 LTC16.0043 AUD
1 LTC160.0429 AUD
2 LTC320.0857 AUD
3 LTC480.1286 AUD
5 LTC800.2144 AUD
10 LTC1600.4287 AUD
20 LTC3200.8575 AUD
50 LTC8002.1437 AUD
100 LTC16004.2874 AUD
1000 LTC160042.8744 AUD