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Below is the Best10 Team's choice of the best Litecoin Brokers & Exchanges available. We have narrowed the selection for you based on security, functionality, instruments, commissions and ease of use.
Best10 selects
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Litecoin is an alternative cryptocurrency to bitcoin, created in 2011 by Charlie Lee, formerly of Google and Coinbase. Litecoin is often referred to as the 'silver' to bitcoin's 'gold'. Litecoin functions in one sense like an online payment solution, where users can transfer units of value to one another� in this case 'Litecoins'.
Because of its blockchain protocol, Litecoin can handle many more transactions than bitcoin (4 times, in fact), making it more suitable as an online payment system.
In addition, Litecoin's transaction costs are minimal, costing 1/1000 of a Litecoin per transaction, regardless of its size. Compare this with Paypal's 3%, and you can start to see its attraction.
There is a growing number of outlets that accept Litecoin as payment. As yet, however, there is no definitive list we can point you to, so finding somewhere that accepts them is a bit hit and miss right now. Litecoin will need much greater take-up than currently to become a mainstream form of payment.
We recommend you buy, sell or trade Litecoin at a trusted broker. Our favourite is at the top of this page.
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