LTC · LTC
Litecoin (LTC)
Litecoin is a decentralized cryptocurrency created as a faster, lighter alternative to Bitcoin. It enables low-cost, peer-to-peer transactions worldwide.
Convert this currency
Converted amount
0.0218 USD
Exchange rate
1 LTC = 0.021772 USD
Updated
8/9/2026 12:00 AM
Source
ApiForex Managed Source 3
LTC · Litecoin
Litecoin (LTC): A Peer-to-Peer Cryptocurrency
Litecoin (LTC) is a peer-to-peer cryptocurrency created by Charlie Lee in 2011. It was designed to complement Bitcoin by offering faster transaction confirmation times and a different hashing algorithm, Scrypt. Litecoin's blockchain aims to process a block every 2.5 minutes, which is four times faster than Bitcoin's 10-minute average, allowing for quicker payment settlements.
As a digital asset, Litecoin is often used for everyday transactions and as a store of value. It has a maximum supply of 84 million coins, which is four times that of Bitcoin. Litecoin has implemented features such as the Lightning Network for scalability and MimbleWimble for enhanced privacy, though these are optional and not universally adopted.
Litecoin is traded on numerous cryptocurrency exchanges and is accepted by a growing number of merchants. Its market value fluctuates based on supply and demand, regulatory news, and broader market trends. As with any cryptocurrency, potential users should conduct thorough research and consider the risks before engaging with Litecoin.
- Code
- LTC
- Symbol
- LTC
- Current rate
- USD / LTC
Currency information
Last updated · 8/7/2026
Introduced in 2011 as a peer-to-peer cryptocurrency based on the Bitcoin protocol.
- Official name
- Litecoin
- Legal tender status
- Not legal tender
- Decimal places
- 8
- Minor unit
- litoshi · 1 LTC = 100000000 litoshi
- Issuing authority
- Litecoin Foundation
- Exchange-rate regime
- Free-floating
Also known as
LTC · Litecoin · Ł
Practical notes
- Litecoin is a cryptocurrency with no physical form.
- It is often used for peer-to-peer transactions.
Priority currency pairs
The most useful conversions for this currency.
Litecoin questions
What is the LTC exchange rate?
The displayed rate is the latest available reference rate for USD/LTC. It can change throughout the day.
How can I convert LTC online?
Use the converter above to calculate indicative amounts between LTC and the other supported currencies.