Litecoin (also known as LTC) is a digital payment (cryptocurrency) that was born in 2011. Like Bitcoin , Litecoin proposes a virtual transaction where money could be exchanged without then need for an intermediary.
In 2011, Litecoin was born as a complement of Bitcoin by the hands of Charlie Lee, a Google and Coinbase worker. Like its predecessor, it uses the blockchain system. The goal is to provide a secure exchange alternative. It should be remembered that blockchain keeps a permanent record of all transactions made. This enhances the security of the system. Litecoin transactions and capitalization are significantly lower than those of Bitcoin. Today this cryptocurrency ranks sixth in market capitalization.
The total capitalization amounts to 3,231,077,537 million dollars. It is, therefore, a minority alternative for investors, but with a certain degree of entrenchment. Practically most cryptocurrency investors are aware of this option and take it into account.
Why should you accept Litecoin payments?
Litepay.ch allows you to accept payments on your website using the most popular crypto currencies, including Litecoin (LTC).
To integrate our payment gateway on your site, you can choose:
Since we're dealing only in crypto, verification is not required.