1 Litecoin to Bitcoin Price for today is 0.00686085 BTC.
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If you convert 1 Litecoin, you will get 0.00686085 BTC. The highest LTC to BTC exchange rate in the last 24 hours is 0.00692741 and the least exchange rate stands at 0.00678678. In the CoinSwitch LTC to BTC converter, you will get the exact and updated Litecoin to Bitcoin exchange rate. BTC price fell by -0.07% in past one hour and increased by 0.08% in the last 24 hours.
CoinSwitch even helps you find out the LTC to BTC exchange volume in the 24 hours which is currently 1,193,190 BTC. By the LTC to BTC exchange volume, you will get exactly how many transactions happened over a period of 24 hours.
Although both are known as payment assets, Bitcoin is anyway much more effective than Litecoin as it has been ruling the crypto world for almost a decade. Due to the invasion of the lightning network, Bitcoin can handle millions of transactions per second. Further, Bitcoin has been regarded as the best payment option as it facilitates low-cost payment solutions for both cross-border and local commerce as compared to the banks. It enables businesses to have invoices paid in a day for a fee that is much lesser than traditional banks. The best part is that sales taxes are not added onto any BTC purchases as there is no way for third parties to track, identify or intercept transactions.
CoinSwitch is the world’s best cryptocurrency exchange aggregator, which supports trading of more than 300 cryptocurrencies and you can check the cryptocurrency exchange of over 45,000 pairs. There are the world’s best exchange platforms enlisted and partnered with CoinSwitch to give you the best exchange experience.
Both Litecoin and Bitcoin are the top trending cryptocurrencies, on which you will get all sorts of market data which can enable you better decision making. CoinSwitch is the best Litecoin to Bitcoin converter podium, which, values your time and effort and without any third party intrusions, allows you to take self-made decisions.
Buy Bitcoins with Litecoins at the best rate by logging onto the CoinSwitch page, where you can even get assistance on futures trading as well as you can get the list of the best wallets to store your precious currencies, so can but Bitcoin from Litecoin safely. The best part is that you can experience a seamless user experience because of the intuitive user interface and the excellent customer support process for Litecoin to Bitcoin exchange.
Litecoin is created from Bitcoin’s hard fork. The main difference between Bitcoin and Litecoin is the number of coins that each of them can produce. Bitcoin can never exceed 21 million coins, whereas Litecoin can go up to 84 million coins. Secondly, the transaction confirmation time is different for both of them. For Bitcoin, the average transaction confirmation time is around 10 minutes per transaction, whereas for Litecoin it is only 2.5 minutes, which is around 4X faster than that of Bitcoin. There is also a difference in their hashing algorithm- Bitcoin uses SHA-256 while Litecoin uses Scrypt algorithm, which is comparatively less complex than the former one. The most common method for Bitcoin mining is Application-Specific Integrated Circuits (ASICs) while for Litecoin, the most preferred method is via CPUs or GPUs.
Q. How to sell Litecoin?
A. You can sell Litecoin for BTC and more than 300 other cryptocurrencies from CoinSwitch.
Q. How is Litecoin different than Bitcoin?
A. The main difference between Bitcoin and Litecoin is the number of coins that each of them can produce and the transaction confirmation time. Bitcoin can never exceed 21 million coins, whereas Litecoin can go up to 84 million coins. For Bitcoin, the block time is around 10 minutes per transaction, whereas for Litecoin it is only 2.5 minutes.
Q. How long does it take to transfer Litecoin?
A. It depends on the number of confirmations your service needs. Litecoin block time is 2.5 minutes.
CoinSwitch allows you to check the Live LTC to
BTC price on all major exchanges,
such as Binance, Changelly, Coinbase, KuCoin, HitBTC, Huobi etc
and enable you to convert LTC to
BTC at the best possible rates.
If you are new to crypto trading, it's always advisable to learn about, what is Bitcoin, it's benefits and indicative return on investment.