What is Litecoin and How to Buy

Litecoin is a blockchain cryptocurrency based on an open-source decentralized global payment network.

What is Litecoin?

Charlie Lee founded Litecoin in October of 2011. Litecoin is a hard fork of Bitcoin’s network known as “Silver to Bitcoin’s gold.” Litecoin and Bitcoin with critical differences in block time, supply, hashing algorithm, and initial distribution. Litecoin was created to keep the best attributes of Bitcoin while changing some functionality as a medium of exchange.

How to Buy Litecoin (LTC)

Created in October 2011 by ex-Google and Coinbase engineer, Charlie Lee, Litecoin is a fork of Bitcoin’s source code that posits itself as “a silver to Bitcoin’s gold.” Technically, Litecoin is nearly identical to Bitcoin with key differences relating to block time, supply, hashing algorithm, and initial distribution. Litecoin aimed to keep the best aspects of Bitcoin while making some optimizations for its use as a medium of exchange.

Where can I buy LTC?

H2cryptO – LTC is purchased easily through an centralized exchange, such as H2cryptO. Besides from offering a simple interface within our H2cryptO web/mobile app and offering exceptional 24/7/365 support. Please remember that once cryptocurrency is lost it may be difficult to recover.

Why purchase LTC?

Litecoin is 4x faster than BTC and is designed to be a faster and more scalable currency for everyday purchases. It is a decentralized, peer-to-peer form of payment with a ten year established track record offered within some of the major Trust companies in the crypto industry such as Grayscale.

Purchasing LTC on H2cryptO:

    1. Sign up for an H2cryptO account. Provide full name/surname, email address, and a unique password (12 character minimum).
    2. Verify your H2cryptO account. Please submit all documentation for KYC verification.
    3. Once KYC has been approved you are now eligible to deposit FIAT or Cryptocurrency. You can fund your cryptocurrency account by choosing a cryptocurrency, and then create a wallet address. Then you can send cryptocurrency to this address. Funding your account with FIAT currency can be completed by ACH, Wire Transfer, or Debit/Credit Card. 

    4. Once the ACH or wire transfer has been completed you can start buying LTC.
    5. You now will have the ability to trade cryptocurrencies with 24/7/365 client service support.