LITECOIN launched in 2011 and it’s nearly identical to Bitcoin – with some notable differences.
We explain everything you need to know about the cryptocurrency and why the price is going up.
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The average number of Litecoin transactions is in the tens of thousands, so you can see that the cryptocurrency has quite the financial footprint.
And the rise in crypto investments in recent years means the value of things like Bitcoin and Litecoin is going up too.
How to buy Litecoin and is it safe?
One of the cheapest, easiest ways to purchase Litecoin is by using Coinbase, which you can do with a credit card.
Coinbase is available in the UK, United States, Canada, Europe, Singapore, and Australia and the fees will come out to 3.99% per purchase.
You can also get hold of Litecoins by mining them, using standard computing equipment.
However, Litecoins have a less developed infrastructure than their heavyweight Bitcoin brother, meaning they’re more difficult to purchase.
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