Difference between BTC and LTC - Page 12 - Crypto World - CryptoTalk.Org Jump to content
Shivam1

Difference between BTC and LTC

Recommended Posts

Yes of course, there is a huge difference between Litecoin and Bitcoin. It is true that both are the crypto coins but both have different values and different market demands. As you can see that the price of Bitcoin is huge difference to the price of Litecoin as it is impossible for the Litecoin to reach the price of Bitcoin.


"You must have to take decision on Merit.💯"

"If you find my post useful, then give positive reputation.❤️"

"If you find my post useless, then give me negative reputation.🙂"

Share this post


Link to post
Share on other sites

There are many differences between these two coins, for example, their marketcaps, their value, their networks and of course the most important of all is the creator. LTC is referred to as an altcoin which is a coin that was created after the creation of bitcoin and is created by another person entirely. Therefore these are the main fundamental differences between the two. These currencies are as different as dollars and euros.

Share this post


Link to post
Share on other sites

There are several distinctions between bitcoin and LTC. There are, first and foremost, trading volumes on exchanges of exchanges. Then there's the cost: bitcoin is significantly more costly than LTC.

Share this post


Link to post
Share on other sites

Both currencies are good, but each one of them has its own blockchain, as LTC is very fast in documenting transactions compared to BTC, but the level of security in it is less than BTC.

  • +3 1

 

 

Share this post


Link to post
Share on other sites

I know that the difference between Bitcoin and Litecoin is that the mining method in Bitcoin needs a lot of powerful compressors and high voltage electricity in addition to the very high cost, while mining Litecoin is less expensive.
Bitcoin withdrawal fees are much higher than Litecoin withdrawal fees.

Share this post


Link to post
Share on other sites

Litecoin differs from Bitcoin in that it offers great speed during the process of confirming transactions, as the process of processing the block in the Bitcoin blockchain takes about 10 minutes, while processing the block in Litecoin takes about two and a half minutes, bitcoin can create new currencies that can reach  About 21 million Bitcoins, while Litecoin creates up to 84 million Litecoins.

  • +2 1

Share this post


Link to post
Share on other sites

Bitcoin is the most popular, lowest price, and oldest currency, and Litecoin uses its own blockchain

  • +1 1

Share this post


Link to post
Share on other sites

This is a question with self explanatory answer because I think that the difference between the bitcoin and the litecoin even to the new members should be known, these two coins are not of the same value and there demand is not also the same, so the difference is clear.

Share this post


Link to post
Share on other sites

There are lot of differences between litcoin and bitcoin as we know that bitcoin is the most expensive coins that is higher in price than litcoin in the crypto currency exchange market and it is more profitable with benefits and values than litcoin 

Share this post


Link to post
Share on other sites

The difference between Bitcoin and litcoin is Bitcoin is expensive and still have high demand and supply in the exchange of coins why litcoin is less experience but the demand and supply are not up.to Bitcoin.

Share this post


Link to post
Share on other sites

Bitcoin is more famous than litecoin, and bitcoin is the first cryptocurrency. I think the price of each currency varies from time to time, but there are no differences other than that

  • +3 1

Share this post


Link to post
Share on other sites

Bitcojn and litecoin both don't have any much difference bot are the crypto currency the main difference is bitcoin is very high value but the litecoin has low value bitcoin is about 60000$ and lite coin is about 22000$.both have its on deman in the world market. 

Share this post


Link to post
Share on other sites

The main difference between these coins is there value.  The price of bitcoin is in thousands of dollars and the value of lite coin is few hundred dollars which mean bitcoin is the top most coin in cryptocurrency and while the lite is used by normal person. 

  • +2 1

Share this post


Link to post
Share on other sites

Both are cryptocurrencies and adopt a decentralized system, but Bitcoin is an older currency than LTC, and Bitcoin is more valuable in relation to the LTC currency and is more in circulation and its conversion fee is higher.

  • +1 1

Share this post


Link to post
Share on other sites

Both are digital currency and have good positions in the crypto currency market but the only difference between them only tge prices. Bitcoin has a high price in the market but lyc very low price but both are popular in crypto currency market 

Share this post


Link to post
Share on other sites
On 4/5/2020 at 8:30 AM, Shivam1 said:

Hey my intelligent friends I have a question 

We always use BTC and LTC in crypto currency for trade. We also know BTC and LTC both are coins. But what is the actual difference between these two coins. Please give a useful opinion.

Dear mate btc and ltc are coins. And they are very different from each other as other coins. Btc  is synonym of bitcon and ltc stand for litecoin. Litecoin producer is different. And mainly the value of both coins is very different from each other.

Share this post


Link to post
Share on other sites

The Bitcoin cryptocurrency is the first cryptocurrency known in the world and also the most valuable cryptocurrency in the world right now why the litecoin created to be the smaller version of the Bitcoin cryptocurrency.

Share this post


Link to post
Share on other sites

If we are keep on mentioning the difference between the BTC and LTC, then this will take much time because the difference is very clear and straight forward, so there is different in market volatility and also market value, then the rate of acceptance is also different, to cut the story short, the bitcoins is far ahead of the litecoin.

Share this post


Link to post
Share on other sites

There is a big difference between the two currencies that cannot be compared between them because Bitcoin has become a recognized currency in most countries and is traded in buying and selling operations and its market value is high, unlike the litecoin currency.

  • +2 1

Share this post


Link to post
Share on other sites

Bitcoin is the main currency for trading, meaning that you buy other currencies with the currency of Bitcoin. As for Litecoin, it is a small currency compared to Bitcoin, but it is very popular because of its many features such as speed in transactions, And lower fees, too.

Share this post


Link to post
Share on other sites

  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...