Litecoin (LTC) has been in the headlines in the past few days for its bullish trend as it tries to recapture its all-time high of $412.96.
To help investors and traders who are eyeing to buy and hold the LTC coin, Invezz has created a brief article to help with identifying the best places to buy it.
To find out more, please continue reading.
Best places to buy LTC
eToro
eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.
Binance
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.
What is Litecoin (LTC)?
Litecoin (LTC) is the native token of the Litecoin blockchain.
For those who are new to Litecoin, it is a blockchain that was developed to allow for fast, secure, and low-cost payments.
Litecoin code was created based on that of Bitcoin. However, the two differ in terms of block transaction time and hashing algorithm. Litecoin’s block time is lower compared to that of Bitcoin and it also has low transaction fees compared to Bitcoin.
Should I buy the LTC coin today?
If you are looking to invest in a cryptocurrency that is on a promising bullish trend, then Litecoin is a good choice.
Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.
Litecoin price prediction
Litecoin is expected to continue with its current bullish trend and possibly hit $400 before the end of the year.
$LTC social media coverage
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