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India
1 Level
28 Review
64 Karma

Review on Litecoin by Rupanshu Kumar

Revainrating 3 out of 5

Litecoin is a virtual currency similar to Bitcoin in many ways. In fact…

Litecoin is a virtual currency similar to Bitcoin in many ways. In fact, Litecoin even comes with some tech upgrades. Its transactions are faster and cheaper than Bitcoin, and that is thanks to its design. This makes it a great option for payments. To facilitate this, It has been working hard to become accepted in more and more locations.Fast, cheap, easy-to-use, it has blossomed into one of the top virtual currency projects. With growing acceptance of Lite coin as a payment option, this project’s most exciting days may yet be ahead.

You can buy fractions of a Litecoin, so you can choose exactly how many dollars, pounds, or Euros you’d like to make your initial investment with. It is basically available on all major exchanges. However, i feel LTC will continue to sink as investors shift towards projects that are more realistic in their goals. Successful projects aren’t those planning to replace the dollar: they’re the ones trying to fix problems otherwise unsolvable without block chain and virtual currency.



Pros
  • Faster and cheaper than Bitcoin
Cons
  • Poor communication from team

Comments (1)

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May 05, 2020
Litecoin coin transaction are very fast and cheaper than Bitcoin, kudos to the developer team. This make it great for investors. Investors can decide how many dollars, pounds and Euro of their first investment.

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