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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.

0.007428 LTC = 1 AUD

LTC LTCAUD Australian Dollar
0.01 LTC1.3463 AUD
0.1 LTC13.4632 AUD
1 LTC134.6315 AUD
2 LTC269.2630 AUD
3 LTC403.8945 AUD
5 LTC673.1576 AUD
10 LTC1346.3152 AUD
20 LTC2692.6303 AUD
50 LTC6731.5758 AUD
100 LTC13463.1516 AUD
1000 LTC134631.5163 AUD