Review on Litecoin by Navruza Saitkulova
İt is among the most preferred
With the introduction of bitcoin into our lives, many currencies appeared on the market. While some of them disappeared in a short time, some of them managed to see user engagement in a short time. As Litcoin entered the crypto market, it managed to gain a lot of users shortly after.
Currently, it is possible to see this currency listed in almost all exchanges. In addition, the daily trading volume is also very high. However, in addition to being quick to trade, transaction fees also seem a bit high.
The Ltc price had dropped a lot in the past months, but now its price has started to rise again due to very little circulating supply. Although I recommend using this currency, I do not recommend investing. Because the price varies a lot per second. Therefore, I find it risky to invest.
There are also many crypto options available to trade this currency. Among them, I personally prefer to trade in USDT currency. Because transaction fees may be a little lower.
Result
LTC is the currency used by most users around the world, and even determined as many payment methods.
Pros
- easy to use.
- One of the populer cryptos
- High value
- Operates on many stock exchanges
- There are many mining systems that earn Ltc
Cons
- Transaction fees are a bit high
- Prices vary a lot
- İts supply in curculation is decreasing every day
- İt dropped down the rankings on Coinmarketcap
