Litecoin was designed to be a better version of Bitcoin, it has many similarities with the market leading cryptocurrency however its design was to create a faster, less volatile and cheaper alternative to Bitcoin.
As Bitcoin was the first cryptocurrency, Litecoin was able to learn from its mistakes and use all the positives whilst improving what it felt were slowing Bitcoin down. This has helped develop Litecoin into a cryptocurrency with a huge market cap, and has helped to settle it into the top ten of all cryptocurrencies.
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What is Litecoin?
Litecoin (LTC or Ł) is a peer-to-peer cryptocurrency and open source software project . Inspired by and technically nearly identical to bitcoin (BTC), Litecoin creation and transfer is based on an open source protocol and is not managed by any central authority.
For more a quick round up of Litecoin, watch the video below.
At Buy Virtual Currency, we offer Litecoin to UK based customers at extremely competitive rates. You will get a personal account manager who will answer any queries you may have. They are experts in the field and are happy to explain anything you don’t understand about Litecoin.
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