What is Litecoin?
Litecoin is a peer-to-peer cryptocurrency that uses a Proof of Work consensus algorithm to verify transactions. It was created in 2011 by Charlie Lee, a well-known computer scientist and crypto evangelist. Litecoin is one of the first cryptocurrencies developed after bitcoin, which explains the similarity in the protocol. The main difference is that Litecoin has faster block times and lower transaction fees - which leads to faster transactions.
Which Litecoin (LTC) wallets does Anycoin Direct recommend?
At Anycoin Direct we have made a selection of recommended Ripple wallets for our customers:
- Software wallet: Exodus
- Mobile wallet: Exodus Mobile
- Full node wallet: Litecoin Core
- Hardware wallets: Ledger, Trezor
Be aware, that Anycoin Direct is not responsible for the usage of these wallets. Always do your own research!
Where can I track my Litecoin transaction?
You can find your Litecoin transaction in one of the following block explorers:
Enter your transaction ID, or TXID (which can be found in your order overview) or your wallet address in the search bar to locate your transaction.