Litecoin is a peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license.

1. All you need to know about Litecoin (LTC)
In India, Litecoin is a promising cryptocurrency that was founded
on Bitcoin protocols. Although it is almost similar to Bitcoin in a
few aspects, there are certain differences that separate the two
from each other, like block time, hashing algorithm, and other
parameters. It uses unique features of blockchain technology to
provide low-cost, secure and quick payments.

2. Is investing in Litecoin a good investment option?
Investing in Litecoin (LTC) is a profitable choice. Here are some of
the reasons why:
● Confirmation of transactions is much quicker than in Bitcoin.
● During uptrends, explosive returns are possible.
● It charges lower fees in contrast with other cryptocurrencies.
● It has established a reputation as one of the top ten
cryptocurrencies.

3. Is investing in Litecoin risky?
Investing in cryptocurrency in India is a risky choice. Thus, talking
about Litecoin as an investment option has a certain level of risk
associated with it. Here’s why:
● The reputation of the founder’s assets was damaged among the
early investors.
● Halving the assets’ value doesn’t have the same impact as
Bitcoin.
● It has lost its market share and has one of the lowest market caps
among the other cryptocurrencies.
● LTC is less scalable compared to the other cryptos in the market.

4. Where to buy Litecoin?
To buy Litecoin (LTC) crypto, you can purchase it directly from the
best cryptocurrency wallet in India, i.e., WazirX. Explore the
website today and get continuous updates regarding Litecoin and
other cryptocurrencies, or participate in crypto trading.