Litecoin Price Reaches $64.23 on Exchanges (LTC)

Litecoin (LTC) traded 2% lower against the US dollar during the 1 day period ending at 9:00 AM E.T. on September 1st. One Litecoin coin can now be bought for approximately $64.23 or 0.00110718 BTC on major exchanges. Litecoin has a market cap of $4.81 billion and $187.85 million worth of Litecoin was traded on exchanges in the last day. During the last week, Litecoin has traded 1.9% lower against the US dollar.

Here is how other cryptocurrencies have performed during the last day:

• Dogecoin (DOGE) traded down 2.3% against the dollar and now trades at $0.0990 or 0.00000171 BTC.
• UNUS SED LEO (LEO) traded up 0.8% against the dollar and now trades at $6.10 or 0.00010512 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• MegaCoin (MEC) traded 2.2% lower against the dollar and now trades at $4.30 or 0.00015776 BTC.
• Polymath (POLY) traded 16.4% lower against the dollar and now trades at $0.0749 or 0.00000129 BTC.
• Lotto (LOTTO) traded down 2.1% against the dollar and now trades at $0.0005 or 0.00000002 BTC.
• DEI (DEI) traded 2.5% lower against the dollar and now trades at $0.0129 or 0.00000020 BTC.

Litecoin Coin Profile

Litecoin (LTC) is a proof-of-work (PoW) coin that uses the Scrypt hashing algorithm. Its genesis date was October 13th, 2011. Litecoin’s total supply is 84,000,000 coins and its circulating supply is 74,925,494 coins. The official message board for Litecoin is litecointalk.io. Litecoin’s official Twitter account is @litecoin and its Facebook page is accessible here. The official website for Litecoin is litecoin.org. The Reddit community for Litecoin is https://reddit.com/r/litecoin and the currency’s Github account can be viewed here.

According to CryptoCompare, “Litecoin (LTC) is a digital currency designed for fast, low-cost payments over the internet. Created by Charlie Lee in 2011 as an alternative to Bitcoin, it offers improved transaction times and a higher maximum supply, using a different algorithm (scrypt) for mining. Litecoin facilitates peer-to-peer transactions without a central authority, making it suitable for a wide range of financial activities, from everyday purchases to trading and investment. Its creation by a former Google engineer aimed to address and improve upon some of Bitcoin’s limitations, establishing Litecoin as a practical complement to Bitcoin in the digital currency ecosystem.”

Litecoin Coin Trading

Investors seeking to trade Litecoin using US dollars directly can do so using Changelly, Gemini or GDAX.

LTC/USD price chart by TradingView