Litecoin (LTC) is a blockchain-powered cryptocurrency designed for fast, low-cost digital payments between users. Launched in October 2011 by Charlie Lee, a former Google employee and cryptocurrency developer, Litecoin emerged as a fork of the Bitcoin source code. Often referred to as a "lighter" version of Bitcoin, Litecoin requires fewer resources to mine and operate. Its price is generally lower, partly due to its total supply of 84 million coins—four times greater than Bitcoin’s maximum supply—making it less scarce.
Unlike Ethereum, which supports smart contracts and decentralized applications (dApps), the Litecoin network was built primarily to promote cryptocurrency adoption as a quick, affordable, and secure payment method. Since its inception, Litecoin has grown significantly in popularity and adoption, consistently ranking among the top ten cryptocurrencies by market capitalization.
Real-Time LTC Price Converter
Tracking the value of Litecoin in British Pounds (GBP) is essential for investors and users. Real-time conversion tools help you make informed decisions based on live market data.
Current LTC Price Information
- 24-hour price change: -4.18%
- 7-day price change: -2.24%
Live LTC Market Data
The current price of LTC is £61.33. Over the past 24 hours, the price has decreased by 4.18%, while the weekly change shows a drop of 2.24%. With a circulating supply of 84 million LTC, the real-time market capitalization stands at £4.6 billion. The 24-hour trading volume is £275 million.
Conversion rates are calculated using real-time Litecoin price indices alongside other digital asset pricing data. The LTC/USD exchange rate is updated continuously, providing accurate and timely information.
Using a reliable Litecoin calculator is an excellent way to monitor the LTC market and stay updated on real-time fluctuations across various cryptocurrencies.
Supported LTC Exchanges
Litecoin is traded on numerous global exchanges. Below is a list of platforms where LTC is commonly available:
| Exchange |
|---|
| Kraken |
| WhiteBit |
| OKX |
| Crypto.com |
| Kucoin |
| Poloniex |
| Bitget |
| Bitfinex |
| Binance US |
| HitBTC |
| Gate |
| Coinbase |
| BitMart |
| Binance |
| Gemini |
Is the Litecoin Exchange Rate Falling?
As of the latest data, 1 LTC is valued at £61.33. Conversely, £1 can be exchanged for approximately 0.0163 LTC, excluding platform fees or gas costs.
Over the past week, the exchange rate has decreased by 2.24%. In the last 24 hours, it dropped by 4.18%. Compared to one month ago, when 1 LTC was worth £66.24, the current price reflects an 8.00% decline. However, looking back one year, LTC has increased by £1.33.
LTC to GBP Conversion Table
| LTC Amount | GBP Value (Approx.) |
|---|---|
| 0.5 LTC | £30.66 |
| 1 LTC | £61.33 |
| 5 LTC | £306.64 |
| 10 LTC | £613.28 |
| 50 LTC | £3,066.42 |
| 100 LTC | £6,132.83 |
| 500 LTC | £30,664.15 |
| 1000 LTC | £61,328.30 |
GBP to LTC Conversion Table
| GBP Amount | LTC Value (Approx.) |
|---|---|
| £0.5 | 0.0082 LTC |
| £1 | 0.0163 LTC |
| £5 | 0.0815 LTC |
| £10 | 0.1631 LTC |
| £50 | 0.8153 LTC |
| £100 | 1.6306 LTC |
| £500 | 8.1528 LTC |
| £1000 | 16.3057 LTC |
Historical Comparison
- Today vs. 24 hours ago: The value has decreased by 4.18%.
- Today vs. 1 month ago: The value has decreased by approximately 8.00%.
- Today vs. 1 year ago: The value has increased by £1.33.
👉 Explore real-time conversion tools to track these trends effortlessly.
Frequently Asked Questions
Why is Litecoin considered a good investment?
Litecoin is one of the oldest cryptocurrencies, with a history almost as long as Bitcoin and Ethereum. It boasts a large market capitalization and widespread adoption among businesses and individuals. Litecoin supports a wide range of fiat pairs, including USD, KRW, EUR, and GBP, making it highly accessible. Major exchanges like HTX, Binance, Coinbase, OKX, and Kraken support LTC trading. Additionally, its lower price point compared to Bitcoin makes it an attractive entry option for new investors.
How does Litecoin differ from Bitcoin?
Although based on Bitcoin’s protocol, Litecoin has several key differences. It uses a different hashing algorithm and has a faster block time—under three minutes compared to Bitcoin’s ten. This results in lower transaction costs and quicker confirmations, making Litecoin ideal for microtransactions and point-of-sale payments. It also requires less computational memory for mining, encouraging broader participation. Finally, unlike Bitcoin’s anonymous creator, Litecoin’s founder, Charlie Lee, is a well-known public figure in the crypto community.
Where can I find reliable Litecoin price conversion tools?
You can use online calculators that provide real-time conversion rates between LTC and various fiat currencies. These tools help you monitor value fluctuations and plan transactions effectively. For accurate and timely data, 👉 check advanced conversion methods offered by trusted platforms.