Litecoin $LTC launching at LCX Exchange
by LCX Team · May 17, 2021
We are excited to present a listing of a leading cryptocurrency at LCX Exchange: Litecoin.
LCX is now supporting Litecoin $LTC at LCX Exchange. Deposits are now open. Trading will start tomorrow with two trading pairs LTC / LCX and LTC / EUR.
Start trading Litecoin LTC
Launch LCX ExchangeLitecoin was launched in 2011 by Charlie Lee, former engineer at Google and Coinbase. Litecoin was created after Lee copied the codebase of Bitcoin and made alterations to it that increased the total supply of the coin and altered the speed of new block creation on the blockchain. As of January 2021, 66.245 million LTC have already been mined out of a total maximum supply of 84 million. Even the speed of new block creation is four times more than that of Bitcoin with every new block being created every 2.5 minutes.
The Litecoin investor and developer communities perceive the Litecoin protocol as a complementary pseudo-testnet for Bitcoin and a “digital silver” to Bitcoin’s “digital gold”. The Litecoin foundation supports the Litecoin project and is the financier of Litecoin Core development.
Customers can sign up for a LCX account here to deposit $LTC today.
Deposits:
Starting from today Monday, May 17th, 2021 at 08:00 PM CET, customers will be able to transfer $LTC into their LCX account. Customers will be able to transfer this to their LCX Exchange wallet or place trading orders when the trading starts.
Trading Pairs:
LTC / LCX starting on Tuesday, May 18th at 01:00 PM CET
LTC / EUR starting on Wednesday, May 19th at 01:00 PM CET
How to deposit Litecoin?
- Navigate to LCX Accounts > Wallet
- Scroll down to $LTC
- Click on the “Deposit” tab next to $LTC. Your deposit address will be presented to you.
- Send $LTC to this address
Important Note: Trading cryptocurrency is complex and comes with a high risk of losing money. You should carefully consider whether trading cryptocurrencies is right for you and take the time to learn how trading works and decide how much money you are prepared to lose. This content is not financial advice and should not form the basis of any financial investment decisions nor be seen as a recommendation to buy or sell any good or product.