LTC to BTC conversion chart
Litecoin to Bitcoin correlation
According to the correlation analysis, LTC and BTC have a strong relationship with each other and are correlated. Whenever there is a change in the price of LTC, BTC also tends to follow the same pattern and move together.
LTC Price Change and Market Cap
Currently, the LTC price is 0.000885 BTC. According to the Litecoin price chart, the 24-hour change is -5.78%. The total market capitalization of Litecoin is $71 with 72.12 LTC in circulation. In the previous 24 hours, the Litecoin price hit highs of 0.0009462 BTC and lows of 0.0008676 BTC.
Litecoin Price prediction
Litecoin is one of the most valuable cryptocurrencies with over 2 Billion Dollars of market capitalization as of June 2020. Litecoin price in January was just above $40 and the price almost doubled within a few weeks. Bears hit the market due to the COVID-19 and Litecoin price plummeted to $27 in March. Litecoin price recovered along with the market in the second quarter and one Litecoin was traded in the range of $40–45 in June.
It is predicted that Litecoin price will be $1,200 in a few years from now. By 2030, Litecoin price is expected to reach $1,500. All these numbers seem to be very optimistic but the pace at which Litecoin is being adopted and the implementation of updates to the chain may take the Litecoin price to new heights soon.
Litecoin Wallets
Did you know that popular cryptocurrency wallets such as Trezor, Coolwallet S, and Exodus wallet have already integrated ChangeHero? Yes, with these wallets you can track live Litecoin price and also exchange it without leaving the application. Give them a try.
LTC to BTC exchange margin
The closing conversion rate for LTC to BTC exchange pair yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 LTC to BTC would result in an output of 0.000885 BTC.
How to convert LTC to BTC
Litecoin and Bitcoin comparison
Widely known as the Bitcoin Lite, Litecoin was created by Charlie Lee in 2011 based on the Bitcoin source code. Contrary to the popular beliefs of being a Bitcoin fork, technically it’s not a fork and doesn’t share any transaction records with the former. Litecoin uses the Proof-of-Work algorithm for mining and also undergoes halvings to regulate the flow of new coins into the market. The network is also capable of conducting atomic swaps, exchanging crypto without any intermediaries. Litecoin trades with the ticker LTC and can be used to trade and pay at stores. Litecoin aims to be a digital currency that can be spent anywhere in the world with quick processing times and cheaper fees.
Bitcoin was developed by Satoshi Nakamoto in 2009 with an idea of providing a peer-to-peer payment system using the blockchain technology. Bitcoin network is decentralized and an immutable record of transactions. The sole purpose of Bitcoin is to enable a means of payment system for people to transact value without any middlemen.
What is Litecoin?
Litecoin is one of the oldest altcoins. It was developed in 2011 with Charlie Lee heading the project. Litecoin envisions to be a lighter version of Bitcoin in which users can spend LTC anywhere faster and cheaper. While Bitcoin is hailed as the Digital Gold, Litecoin is known as the Digital Silver. Though Litecoin is developed from the Bitcoin source code, it is technically not a fork and doesn’t share any transaction history with Bitcoin.
Litecoin is similar to Bitcoin in terms of the block size limit which is capped at 1MB. The total supply of LTC is limited to 84 Million and new LTC is issued through mining. The block reward is also halved to make sure that Litecoin price remains intact. In terms of technology, Litecoin is ahead of Bitcoin and supports SegWit along with Atomic swaps. Litecoin is often addressed as Bitcoin Lite but it is much more than that. Litecoin is driving adoption with a cryptocurrency that can be used anywhere in the world.
Litecoin to Bitcoin price details
LTC to BTC Conversion Rate and Price
Currently, the conversion rate for 1 LTC equals to 0.000885 BTC. The 24-hour highest price of Litecoin in relation to BTC was 0.0009462 BTC and the lowest was 0.0008676 BTC. In short, LTC price in relation to BTC changed by -5.78%.
Instantly Exchange LTC to BTC
On ChangeHero you can instantly exchange Litecoin to Bitcoin without signup. You can easily convert LTC to BTC in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your LTC to BTC exchange.
LTC to BTC Best Rate Exchange
For this type of Litecoin to Bitcoin conversion, we search through various exchanges for the LTC to BTC pair and find the most favorable rate available in the market. We provide you with an estimation of the amount of BTC you will receive.
As soon as you accept the terms and the LTC is deposited, the exchange will be automatically processed. We remind you that the final amount of BTC you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of LTC to BTC.
LTC to BTC Conversion with Fixed Rate
For the Fixed Rate exchange of Litecoin to Bitcoin, ChangeHero finds a good rate for the pair LTC to BTC and fix the rate for up to 15 minutes. In the Fixed Rate exchange of LTC to BTC, you will receive the exact amount of BTC which was shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the specified BTC address. ChangeHero is the fast and safe LTC to BTC converter – the best place to exchange LTC at the finest rates.
Frequently asked questions
How long does it take to convert LTC to BTC?
Usually, it takes around 15 minutes to swap LTC to BTC, but the time may vary depending on how busy the network is.
Do I need an account to exchange LTC to BTC?
No, you do not require an account to swap LTC to BTC on ChangeHero. There will be no registrations for your Litecoin to Bitcoin transaction.
Do I need to go through KYC procedures for LTC to BTC exchange?
There will be no KYC for the LTC to BTC exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure which takes a few minutes.
Can I exchange BTC to LTC?
Yes, you can instantly exchange BTC to LTC on ChangeHero.
Buy and sell Bitcoin
Are you looking to buy BTC? Now, on ChangeHero you can buy Bitcoin with a credit or debit card. Also, you can sell your cryptocurrency on ChangeHero for US Dollars and Euros. Give it a try.
