Our currency converter's rates are based on real-time data from cryptocurrency exchange markets. Please note that these rates are not intended for investment purposes.
LTC is a decentralized peer-to-peer cryptocurrency and open-source software project. Inspired by Bitcoin, Litecoin was among the earliest altcoins, starting in October 2011. In technical details, the Litecoin main chain shares a slightly modified Bitcoin codebase. The practical effects of those codebase differences are lower transaction fees, faster transaction confirmations and faster mining difficulty retargeting.
The United States dollar is the official currency of the United States and its territories per the Coinage Act of 1792. It is a fiat currency and does not apply to cryptocurrencies.