What is Litecoin (LTC)?

Litecoin is a cryptocurrency created in 2011 that was initially inspired by Bitcoin. Litecoin (LTC) is a peer-to-peer decentralized digital currency that enables instant, low-cost payments to anywhere in the world. There are no fees charged to make payments, and there no chargebacks when using Litecoin. The transaction fees are considerably less than what is currently charged by centralized financial services when making cross-border banking transactions, ATM withdrawals, and using digital payment processors. Litecoin can be used to purchase goods and services. LTC also provides a safe and secure way for merchants to make transactions. Litecoin has been proven to work well in retail environments, making it possible to accept cryptocurrency as a method of payment to purchase a wide variety of consumer products.

Who created Litecoin (LTC)?

Litecoin was launched in 2011 by Charlie Lee, initially inspired by Bitcoin.

How do I buy Litecoin in Canada (LTC/CAD)?

Buying Litecoin (LTC) in Canada can be done through a cryptocurrency exchange such as NDAX, a peer-to-peer trade, or at some Bitcoin ATMs. However, utilizing platforms such as NDAX will allow for affordable, safe, and fast transactions.

How do I sell Litecoin in Canada (LTC/CAD)?

Selling Litecoin (LTC) in Canada can be done through a cryptocurrency exchange, a peer-to-peer trade, or at some Bitcoin ATMs. However, utilizing platforms such as NDAX will allow for affordable, safe, and fast transactions.

How do I trade Litecoin in Canada (LTC/CAD)?

Trading Litecoin (LTC/CAD) is made affordable, safe, and fast through cryptocurrency exchanges such as NDAX. NDAX’s trading fee is 0.2%.

How do I convert Litecoin to cash in Canada (LTC/CAD)?

Converting Litecoin (LTC/CAD) to cash can be done through a cryptocurrency exchange such as NDAX. First, you will have to trade your LTC to CAD . Once your LTC is converted to CAD you can send a CAD withdrawal to your bank. Click here for step by step instructions.

How do I store Litecoin (LTC/CAD)?

It is highly recommended that you always store Litecoin (LTC/CAD) in a cryptocurrency hardware wallet. Check out Ledger or Trezor for your hardware wallet needs.

Is there a supply cap on Litecoin (LTC)?

Yes, Litecoin has a supply limit of 84 million coins.

Can Litecoin (LTC) be mined?

Yes, Litecoin uses a memory and energy-intensive proof-of-work (PoW) algorithm called Scrypt to mine new coins.

How long are the transaction times?

Litecoin’s transaction times were designed to be about ¼ of Bitcoin’s confirmation time, about 10 minutes, so the transaction time for Litecoin lies around 2.5 minutes with about 576 blocks generated per day.

Does Litecoin get halved?

Yes, Litecoin gets halved every 840,000 blocks. This happens about every 4 years.

Does Litecoin use a blockchain?

Yes, all transactions are recorded on the blockchain.

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Litecoin LTC Price

volume 24h

645.2328

supply

84M

market cap

10.86B

supply limit

84M

bid

242.01

ask

245.05

LTC to CAD converter:

convert

LTC

CAD

1 LTC = ~242.80 CAD

1 CAD = ~0.0041 LTC

Ready to buy Litecoin with your CAD? Use this LTC to CAD converter to see how much Litecoin you can purchase. Convert LTC to CAD or CAD to LTC.

what is LitecoinLitecoin (LTC) is a global, digital currency like Bitcoin (BTC) used for peer to peer payments. In 2011, Litecoin was launched by Charles Lee, a crypto pioneer and a former Google and Coinbase employee as the first altcoin. Litecoin has a limited supply of 84 million LTC. Litecoin has maintained the fifth spot in ranking in terms of market capitalization among thousands of other cryptocurrencies.

authorCharlie Lee

official websitehttps://litecoin.com

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LTC	CAD
0.01 LTC	2.428 CAD
0.1 LTC	24.28 CAD
0.5 LTC	121.4 CAD
1 LTC	242.8 CAD
5 LTC	1214 CAD
10 LTC	2428 CAD
25 LTC	6070 CAD
50 LTC	12140 CAD
100 LTC	24280 CAD
250 LTC	60700 CAD

CAD	LTC
1 CAD	0.00411861 LTC
10 CAD	0.04118616 LTC
20 CAD	0.08237232 LTC
50 CAD	0.2059308 LTC
100 CAD	0.41186161 LTC
500 CAD	2.05930807 LTC
1000 CAD	4.11861614 LTC
5000 CAD	20.59308072 LTC
10000 CAD	41.18616144 LTC
50000 CAD	205.93080724 LTC

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