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All you need to know about Litecoin (LTC)

Litecoin is a peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license.<br>

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All you need to know about Litecoin (LTC)

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  1. All you need to know about Litecoin (LTC) In India, Litecoin is a promising cryptocurrency that was founded on Bitcoin protocols. Although it is almost similar to Bitcoin in a few aspects, there are certain differences that separate the two from each other, like block time, hashing algorithm, and other parameters. It uses unique features of blockchain technology to provide low-cost, secure and quick payments.

  2. Is investing in Litecoin a good investment option? Investing in Litecoin (LTC) is a profitable choice. Here are some of the reasons why: • Confirmation of transactions is much quicker than in Bitcoin. • During uptrends, explosive returns are possible. • It charges lower fees in contrast with other cryptocurrencies. • It has established a reputation as one of the top ten cryptocurrencies.

  3. Is investing in Litecoin risky? Investing in cryptocurrency in India is a risky choice. Thus, talking about Litecoin as an investment option has a certain level of risk associated with it. Here’s why: • The reputation of the founder’s assets was damaged among the early investors. • Halving the assets’ value doesn’t have the same impact as Bitcoin. • It has lost its market share and has one of the lowest market caps among the other cryptocurrencies. • LTC is less scalable compared to the other cryptos in the market.

  4. Where to buy Litecoin? To buy Litecoin (LTC) crypto, you can purchase it directly from the best cryptocurrency wallet in India, i.e., WazirX. Explore the website today and get continuous updates regarding Litecoin and other cryptocurrencies, or participate in crypto trading.

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