How to Buy Litecoin
What is Litecoin?
Litecoin, which was launched in 2011, is a crypto currency with different changes in practice, even though it has the same template as Bitcoin throughout. Litecoin described itself as the “silver” if Bitcoin is considered as the “gold”. Compared to Bitcoin, Litecoin is a very common crypto currency in today’s crypto currency market. The decentralized Litecoin, such as Bitcoin, Ethereum and other crypto currencies, is a viable alternative to payments on a global scale.
LTC stepped into the market as a low-profile altcoin rather than competing with Bitcoin when it first came out. The main purpose of this cryptocurrency was to cover the shortcomings of Bitcoin. Litecoin, which succeeded in this aim, achieved its utmost goal.
Differences between Litecoin and Bitcoin
One of the most important differences between Litecoin and Bitcoin is that LTC provides much faster transaction approval. The process of one block takes as little as 2.5 minutes at LTC, whereas in Bitcoin, it takes 10 minutes.
The founder of Litecoin, Charlie Lee has increased the amount of money to be raised by those involved in mining four times. While the maximum number of Bitcoins extracted by the mining process is 21 million, the number of LTC is 84 million.
LTC, which produces blocks faster than Bitcoin, can handle high capacity operations. As we explained above, the main goal of Litecoin is to produce more coins much faster than Bitcoin. However, although it is superior to Bitcoin with these features, it has not reached the value of Bitcoin.
LTC uses the Scrypt algorithm instead of the SHA-256 algorithm hosted by Bitcoin.
Buy LTC from Cointral;
a) You can buy LTC from our Cointral stores.
You can visit our store in the Grand Bazaar, and you can trade LTC or swap transactions quickly and safely via cash, credit card or bank account.
b) You can make your transactions quickly via credit card at online.cointral.com
c) You can buy LTC via bank transfer.
With Cointral, you can trade Litecoin, Ethereum, Ripple, Bitcoin, and more than 1200 crypto currrency via cash, as well as purchase Litecoin from our internet address via credit card.
Note: In the world of cryptocurrency trading 0 commission is an almost impossible situation. For this reason, we apply 3% commission in Cointral.
What is Cointral Online?
Cointral Online is a very simple and fast crypto currency exchange service. You do not have to register and there is no limit when exchanging crypto currency. We do not collect additional or confidential commissions without your knowledge when performing the exchange process quickly.
How does Cointral work?
The Cointral system is integrated into more than 10 international crypto currency exchange systems. We strive to provide the best offer for our users.
Why should you trust us?
Cointral is a team of experienced Bitcoin, Ethereum, Litecoin, Ripple and Blockchain experts. With the Cointral platform, users do not need to create an account or provide personal information. This feature allows users to avoid risks such as identity or financial theft. We use reliable trading platforms and offer the best rates.