Litecoin

Litecoin

The Silver to Bitcoin's Gold

Launch Year
2011
Consensus
Proof of Work
Max Supply
84 million LTC
Block Time
~2.5 minutes
LTC
LTC
Litecoin
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
Swap LTC Now
  • No KYC or registration
  • Non-custodial — your keys, your crypto
  • 1000+ supported exchange pairs
  • Best available exchange rate

Litecoin Price Chart

LTC / USD
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Data by CryptoCompare

About Litecoin

Litecoin (LTC) is one of the earliest and most established Bitcoin forks, created in 2011 by Charlie Lee to offer faster transaction confirmation times and lower fees. Often described as the 'silver to Bitcoin's gold,' Litecoin has remained relevant as a reliable, peer-to-peer payment network with a maximum supply of 84 million coins (four times Bitcoin's 21 million). Litecoin processes blocks approximately every 2.5 minutes (compared to Bitcoin's 10 minutes) and uses the Scrypt hashing algorithm for mining. With over a decade of history, institutional exchange support, and reliable community stewardship, Litecoin remains a trusted store of value and payment mechanism for millions of users worldwide.

History

2011
Charlie Lee creates Litecoin as a Bitcoin fork with faster block times
2013
Litecoin gains market acceptance and enters top 5 cryptocurrencies
2017
Litecoin reaches $380 as mainstream media covers cryptocurrency boom
2019
Litecoin undergoes its second halving, reducing block rewards by half
2021
Litecoin continues as a reliable payment network with major exchange support
2024
Litecoin maintains $15+ billion market cap with renewed focus on payments

How to Swap LTC

Swapping Litecoin on SyntheticSwap is ideal for converting LTC to other cryptocurrencies or receiving LTC. Connect your Litecoin wallet (Ledger, Trust Wallet, Electrum, or any LTC-compatible wallet), select LTC as your source, choose your destination asset (Bitcoin, Ethereum, altcoins, stablecoins), and confirm the floating market rate. Your LTC will be instantly converted and sent to your destination wallet without KYC registration. Litecoin swaps complete quickly due to the network's 2.5-minute block times.

How to Store LTC

Litecoin is stored in wallets compatible with the Litecoin network. Ledger hardware wallets offer maximum security for large LTC holdings, while Electrum (desktop) and Trust Wallet (mobile) provide user-friendly access. All wallets require a seed phrase backup — store this in a secure offline location and never share it. For long-term hodling of substantial amounts, hardware wallets are recommended. Remember that LTC stored on centralized exchanges is custodial and not truly owned by you — always move significant holdings to your own wallet.

Frequently Asked Questions