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1 BTC ≈ 6412.21 LTC
If Bitcoin is rightfully considered to be “gold” in the world of cryptocurrency so the creator of Litecoin set a goal to create a cryptocurrency which would be “silver”. Despite the fact that according to market capitalization Litecoin dropped from second to ninth place it still stays one of the preferred cryptocurrency among traders.
Litecoin was founded by former Google employee Charlie Lee. It was one of the first forks of the main Bitcoin client. Litecoin was proposed as a solution to some problems with Bitcoins, in particular, the number of transactions that can be processed within a certain time. The advantage that Litecoin has in comparison with Bitcoin is that the costs of payment transactions are extremely low and it can speed up payments about 4 times faster.
The amount of Litecoin is limited and its number is 84 million and it causes a certain deficit. The advantages of Litecoin lie in the fact that these coins can be sent almost instantly to anywhere in the world with a very low commission. Litecoin is slightly faster than Bitcoin, since blocks in the first are created every 2.5 minutes and in the second - every 10 minutes.
But also it is much easier to buy Bitcoins than any other cryptocurrency, so the Crypterum trading platform makes possible to exchange Bitcoin to Litecoin easily, quickly and reliably. The exchange of BTC to LTC is instant, you can always see the exchange rate and make the exchange at the most convenient moment.