Post
Topic
Board Altcoin Discussion
Re: Litecoin use?
by
TravelMug
on 26/08/2020, 05:22:36 UTC
to me, Litecoin is just a tool for me to transfer money from exchange to wallet with cheaper fee. Besides, I don't see it making any contribution to our lives. The withdraw fee for Litecoin is very cheap, so in the past people used it a lot, it has a simple algorithm and is not as fussy as XRP.
Maybe that is why it has such great value, or possibly followed by the great whales always supporting it.

What if everyone uses Litecoin to withdraw? What do you think of the fee then or even the price?

It could probably see the fee going up as well, but it's good if you have some Litecoin though, gonna be cool if in the future the price picks up. But I will say that as a gambler it has a lot of advantage for withdrawal purposes.