Review on Litecoin by Anly Yusty
LTC: A Fast and Effective Project
LTC
Cryptocurrencies begin to stop being a novelty. However, many have remained users´ shadow. Nowadays, it is known and positioned on the map of virtual commerce. One of them is the litecoin, which surprisingly has begun to be visible by many users creating a line of trust in digital commerce.
Litecoin is a blockchain-based currency, it has been a currency that has moved at negligible prices since its inception, and it was not until this last month that its valuation has begun to rise to levels that have managed to place its name on the radar of investors.
LTC in Venezuela
Venezuela approves Litecoin as remittance agents. It is only through consignments, which has the support of the Venezuelan government and under its regulators, that users can send funds using Litecoin. Perhaps, this move (not trusted by many) will further help pump Litecoin.
Litecoin is proving to be a cheap cross border alternative that governments like Venezuela are recognizing. Besides, it is available in almost all exchanges across the world meaning it is liquid and suitable for merchants.
In my opinion, this project will gain customer acceptance over time, taking a good place in digital commerce.
Pros
- Litecoin provides faster change confirmation times
- Many platforms offer exchange and litecoin is increasingly involved in the American and European markets
Cons
- Many companies still do not adopt it as a payment method.
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Comments (2)
August 14, 2020
Hello, Anly. Certainly, it is a much lighter alternative when making our transactions and movements at the time of making a payment and that has made it become the favorite of a very considerable number of users.
July 09, 2020
You're right. LTC is an official cryptocurrency accepted in venezuela as well as other regions of Latin American. I have had a great income and it is adaptable to the digital operations. This project is one of those I like the most. Keep up with the great job!
