Review on Litecoin by Shalom Kolawole
LITECOIN
litecoin is a coin created and related to Bitcoin. this coin was first created in and currently maintain a number spot on coin market cap websites. The crypto coin boasts of faster transaction and lesser transaction fees. The coin is traded on many exchange through some leveraged trading platform put the coin out due to it's little or no movement in price action. The coin is mined through proof of work which is likewise with bitcoin. Litecoin is more of an investor asset than a traders asset
Pros
- processes transaction faster than Bitcoin. the transaction fees are likewise low
- the coin is traded on many major cryptoexchanges in the world
- it has a steady value of between $45-$55 making it ideal for business owner
Cons
- None for now
