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XMLGold is the best place to buy, sell or exchange Litecoin easily. Signing up for an XMLGold account will allow you to buy and sell crypto and e-currency with ease. XMLGold e-currency and cryptocurrency exchange aims to make financial services accessible to millions of the under-banked individuals worldwide. We give you the freedom to convert your money for Litecoin and use it as you see fit; be it for paying for goods and services or purchasing other digital currencies.
If you are still searching where to buy Litecoin - today’s your lucky day! Here at XMLGold e-currency exchange you can buy Litecoin in just 4 steps.
Step 1. Select what you have in the tab Give/Sell.
Step 2. Select Litecoin in the tab Get/Buy.
Step 3. Fill in the required fields. Make sure everything looks good and then confirm your purchase.
Step 4. Proceed with the payment.
That’s it, you’ve bought Litecoin.
Once you’ve completed the trade, you can store or spend your Litecoin balance on anything you like, or transfer it to another e-wallet.
With many different payment methods to pay, including cryptocurrency, e-currency and vouchers, buying Litecoin has never been simpler.
Don’t see your preferred payment method? Let us know, and we’ll try to add it to our e-currency and cryptocurrency exchange platform.
XMLGold ensures that your Litecoin trading experience is quick and reliable.
Trading Litecoin on XMLGold is easy and intuitive. You only need a few steps to buy Litecoin instantly.
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All transactions are protected by SSL 256-bit encryption.
14+ years in the business. More than 9,000 feedback from satisfied customers.
No hidden fees. When paying with your selected currency, you will be able to see the exact processing fee you’ll be charged. There are no further hidden fees to worry about.
XMLGold offers bonuses up to 3.5%.
Sign up in just 60 seconds. We do not require credit card information when registering.
With our program, we offer you big savings on exchanges. The more you exchange, the greater is your "Discount level". The level increases every time you exchange with us.
Buy Litecoin with Perfect Money
On XMLGold, you will be able to buy Litecoin with Perfect Money, Payeer, Advcash (Advanced Cash), Tether USDT, Bitcoin BTC, Litecoin LTC, Ethereum ETH, USD Coin USDC, TrueUSD TUSD and other payment systems.
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What is Litecoin? Litecoin has another name "Bitcoin of altcoins". It has comparable functions to Bitcoin and operates as a P2P money system focusing on decentralization and security. With immediate transaction confirmations, it has to be a perfect commerce-centric digital asset payment mechanism for merchants and spenders. Despite similarities to the Bitcoin system, the hashing method is different.
Litecoin employs the memory-intensive script proof of work (PoW) mining algorithm, which prioritizes transaction speed and efficiency. Unlike Bitcoin, even consumer-grade GPU gear may be used to mine Litecoin. Finally, Litecoin exists as a blockchain, with participating nodes processing transactions. But, miners offer security and verification to keep a public record of all transactions.
Litecoin, denoted by the symbol LTC, may be used by anybody to conduct cross-border transactions, hold money, speculate on its changing price, or make payments, among other things.
The Lightning Network is one of Litecoin's many remarkable features. It implements an off-chain technique for minor transactions, which addresses possible scalability difficulties. Users create a payment channel between themselves and may transfer payments without the help of miners.
Documentation of each transaction is signed by both parties after the transfer of money. They may then end the payment channel and send the data to the blockchain. As a result, the network will have less work to do since it will only treat as a single transaction.
Another essential characteristic of the Litecoin cryptocurrency is the network's implementation of SegWit. It implies that transaction signatures may be kept in a distinct block on the chain, improving the network's scalability.
Because Litecoin is based on an improved version of Bitcoin technology, the two blockchains function. Litecoin uses encryption to ease the trade and ownership of the namesake cryptocurrency. All Litecoin transactions are kept on a distributed ledger called Litecoin's blockchain.
Miners produce, verify, and add blocks containing transaction data, and are compensated for their labor. The current payout per verified block is 12.5 LTC.
As with Bitcoin, the payout is decreasing to preserve the cryptocurrency's scarcity in the long term, which will affect its worth.
The PoW algorithm in Litecoin was meant to enable everybody with computer power to become a miner. The hashing algorithm made it impractical to deploy specialist mining equipment like ASICs. But, over time, the plan failed, and a few large mining corporations now dominate the market.
The new mining algorithm also enables Litecoin to complete transactions quicker than Bitcoin. On the blockchain, new blocks are created every 2.5 minutes, as opposed to every 10 minutes on Bitcoin.
One significant feature of Litecoin is that its total supply is limited to 84 million LTC, meaning that scarcity will maintain throughout time. It might have a beneficial influence on LTC's price, like BTC, due to increased demand. Furthermore, as compared to Bitcoin, Litecoin transactions are quicker and less expensive.
If you’re ready to take the next step and want to buy Litecoin (LTC), take the next step with XMLGold!