Review on Litecoin by SERDAR SEYLİYEV
One of the preferred currencies although not very popular
While trading on the crypto money exchange, I came across the LTC coin and wanted to try it. My first try was really perfect.
Now I want to talk a little bit about my Litecoin usage experience. This currency is not as popular as some tokens, but it does please users.
Because when I used this currency the transaction speed was really fast, it was very easy to exchange and my withdrawal took less than 15 minutes. As for the transaction fees, they held a 0.001 LTC transaction fee. This transaction amount did not tire my budget.
But now prices have started to change almost per second and are afraid to invest big. However, I will not stop using this currency.
When it comes to security, you can rest easy. Because it uses a decentralized system, it doesn't allow third parties to compromise your security.
In general I can say that these small investors and users are a profitable currency from which we can receive payments from companies.
Last thing I want to add is that this currency, which has been on the fast track to popularity in recent times, has managed to get the attention of most award-winning sites and apps. Most of my reward-based sites and apps I use deposit LTC as a reward into my wallet.
It's really a token to try.
Updated 3 years ago
Rating changed from 5 to 4
LTC price rose like many other currencies towards the end of last year. I also invested a little bit as an LTC user. However, despite the small amount of this currency in circulation, its price has started to decrease a lot in the last few days. For this reason, I am worried about investing. Also, transaction fees seem a bit high.
When I do research on some platforms, there is information that the value of LTC will decrease much more. However, I am not sure about that. For this reason, I do not have a negative opinion for now.
My recommendation to its users is that you do not invest now. Because I think you can lose money.
Pros
- fast and easy process
- the transaction fee is tiring our pockets
- The design of the website is as I imagined.
- It can be exchanged with all currencies.
- listed on popular exchanges.
Cons
- prices are variable.
- I think it exists for small investors.
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Comments (1)
December 31, 2020
Litecoin is like the light version of Bitcoin without a doubt and with all the features it has we will be able to make transactions faster. Unfortunately, there are other similar projects with the same and even improved features of this one.
