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What is Litecoin (LTC)?
Litecoin was launched in October 2011 and is one of the oldest cryptocurrencies in existence. Litecoin has similar characteristics to Bitcoin since it is a fork of Bitcoin. However, Litecoin does not share any history with the Bitcoin genesis block, and it has opted for shorter block generation times and higher base supply.
How to Buy Litecoin
Buy LTC with Bank Transfer
Buy stablecoins listed on Binance by wiring money from your account to the providers of these coins. Then, use these stablecoins to buy Litecoin on the Binance exchange.

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Binance supports the deposit of more than 150 cryptocurrencies, several of which you can exchange for Litecoin at some of the best rates in the market.

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You can directly purchase Litecoin with credit card on Binance. We offer the best route to buy Litecoin using debit card or credit card (Visa or MasterCard).
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After you buy Litecoin, you can hold on to it and wait for the right opportunity to use it. You can store your LTC safely on your Binance account or on our crypto wallet app Trust Wallet, the most user-friendly and secure mobile wallet.


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You can trade Litecoin for 150+ cryptocurrencies on Binance’s industry-leading, fast, and secure trading platform. Binance offers several trading pairs for Litecoin to meet your needs.


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Litecoin, which has tested various new features that allows its network to process more transactions, is a cryptocurrency commonly sent across the globe.


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With Litecoin, you can send payments to anyone in the world at fast transaction speeds made possible by Litecoin’s shorter block generations.


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2. Hardware DrawCyprus Banking Crisis. The bitcoin increase in trading value was noted both in 2013 when the Cyprus went through the economic problems and this 2015 year with the news about Cyprus Economic default named ‘Grexit’. Bitcoin, being the digital currency which can function as a currency-fluctuation protector gained popularity due to the region’s economic climate which changed the influx of investments. After the government spread the news that insured deposits can be jeopardized, bitcoin immediately jumped in price. However, some specialists consider that trading volumes of Cyprus constitute just a small part of whole trades, thereby it cannot significantly influences the market price. Others suppose the Bitcoin price movement to be speculative and think that there is no real interest in digital currency among Cyprus citizens.

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