Buy Litecoin | How to buy LTC

What is Litecoin?

Litecoin was released as an open-source project in 2011 by Charlie Lee, a former Google engineer. Inspired byBitcoin’s original source code, its technology shares a lot of similarities to Bitcoin. In fact it’s often referred to as ‘digital silver’ compared to Bitcoin’s ‘digital gold’.

A faster, cheaper Bitcoin.

The big idea behind Litecoin was to be a faster and cheaper version of Bitcoin. Speed and expense isn’t the only difference between the two. Where Bitcoin has a limited supply of 21 million coins, Litecoin’s coin cap is 84 million. This means it’s four times less scarce than Bitcoin.

An active community

Litecoin has a very active developer community, who have pioneered some of the most important blockchain payment technologies. Technologies like The Lightning Network, which facilitates instant global settlement of funds, and Atomic Swaps which handles cross-blockchain trustless trading.

A global scrypt-based network

The Litecoin blockchain is the world’s largest global scrypt-based network. It has proven to be extremely reliable – operating with 100% uptime since 2011. Over the years, it has secured and transacted billions of dollars of value.

Why should you buy Litecoin?

High liquidity

Litecoin is a highly liquid cryptocurrency, making it ideal for traders. Its high speed and low cost make it a popular form of payment. The Litecoin network consistently processes over 100,000 transactions per day.This liquidity and demand are key indicators of future value.

Growing ecosystem

The Litecoin ecosystem continues to grow. Its developer community is actively building and releasing new and innovative applications built on its blockchain. Like the recent launch of ‘OmniLite,’ a decentralized token creation platform that benefits from Litecoin’s security, fast processing speeds, and low fees.

Safety and security with Wealth99

Cold storage

98% of assets on Wealth99 are kept offline in ‘cold storage’ – safe from hackers and cyber-security threats.

Insurance

Our assets are insured with Bitgo, one of the world’s largest institutional custody providers.

2FA

Your account is kept secure with compulsory Two-Factor Authentication (2FA) plus email notifications whenever your account is logged into.

Extra measures

We also hash all passwords, use AES-256 encryption for wallets, secure all private keys with Bitgo, and help prevent CSRF attacks by using SQL injections to verify requests.