Litecoin (Litecoin) – the most popular alternative to Bitcoin, the second largest cryptocurrency capitalization in the world.
Litecoin can be exchanged for bitcoin or regular money, as well as used to pay for goods / services from sellers who are ready to accept them. There are minimal or no fees for payments anywhere in the world.
The number of litecoin is algorithmically limited, the maximum amount will be 84 million coins. Litecoin uses the principle of a peer-to-peer network and the absence of an administrative center, which makes it impossible for government regulation and manipulation of the exchange rate by changing the amount of litecoin in circulation.
Litecoin price changes dramatically and unpredictably, which makes this tool quite risky. But high volatility provides a good opportunity for profit. It is recommended to work with this cryptocurrency for traders with sufficient capital.