Post
Topic
Board Altcoin Discussion
Re: Litecoin use?
by
SiNeReiNZzz
on 26/08/2020, 15:48:15 UTC
When I first discovered crypto. BTC, LTC, DASH, stood out as practical coins.

I don't hear much about LTC nowadays.

Is there a preffered LTC wallet?

Are people using it much?

Yes, I personally use Litecoin a lot, if I buy something somewhere and use crypto as payment.
Simply because BTCitcoin serves me only as a "value store"...
Litecoin is the "Silver" and BTCitcoin are the "Gold".

To justify this, is quite simple, and also already has been written from earlier ones here:

Transaction fees!!!

For Litecoin, the current rate of fees for a normal transaction are between 0,02€- 0,04€.
And here. is the transaction in the worst case after 5 min done and confirmed...

In my knowledge, at BTCitcoin, on the other hand, we are currently between 3,00€ and 4,00€ transaction fees and waste a lot of time!!!

I think, considering the cost factor, the advantage is clear here...