Litecoin to Tether correlation
LTC and USDT are not correlated to each other as LTC's value depends on supply and demand. Whereas, USDT is a stable coin that is backed by traditional fiats like the dollar and the euro. USDT’s value remains the same, which is $1 regardless of the market conditions. Hence, LTC and USDT do not share a strong relationship.
LTC Price Change and Market Cap
Currently, the LTC price is 0$. According to the Litecoin price chart, the 24-hour change is 0.00%. The total market capitalization of Litecoin is $0 with 0 LTC in circulation. In the previous 24 hours, the Litecoin price hit highs of 0$ and lows of 0$.
Litecoin Price prediction
Litecoin is one of the most valuable cryptocurrencies with over 2 Billion Dollars of market capitalization as of June 2020. Litecoin price in January was just above $40 and the price almost doubled within a few weeks. Bears hit the market due to the COVID-19 and Litecoin price plummeted to $27 in March. Litecoin price recovered along with the market in the second quarter and one Litecoin was traded in the range of $40–45 in June.
It is predicted that Litecoin price will be $1,200 in a few years from now. By 2030, Litecoin price is expected to reach $1,500. All these numbers seem to be very optimistic but the pace at which Litecoin is being adopted and the implementation of updates to the chain may take the Litecoin price to new heights soon.
Litecoin Wallets
Did you know that popular cryptocurrency wallets such as Trezor, Coolwallet S, and Exodus wallet have already integrated ChangeHero? Yes, with these wallets you can track live Litecoin price and also exchange it without leaving the application. Give them a try.
LTC to USDT exchange margin
Considering today’s exchange rate, a transaction of 1 LTC to USDT would result in an output of 0$.
How to convert Litecoin to Tether
Litecoin and Tether comparison
Litecoin is created by Charlie Lee and it is one of the oldest Altcoins. Litecoin is widely popular as Bitcoin Lite due to its similarities with Bitcoin. Litecoin can be used to send money across the border quicker and cheaper. The platform is also capable of Atomic swaps.
USDT is a stable coin which was launched in the year 2014. Initially, it was called RealCoin and later renamed as Tether. USDT belongs to a new clan of cryptocurrencies called Stablecoins. Tether is pegged to the fiats like the US Dollar, the Euro, Japanese Yen, and others to keep its value stable. In terms of the USDT, the peg will be in the ratio of 1:1 which means 1 USDT will always be equal to $1. Tether is used to minimize the volatility risks of crypto and also functions as a bridge between the crypto and fiat currency.
What is Litecoin?
Litecoin is one of the oldest altcoins. It was developed in 2011 with Charlie Lee heading the project. Litecoin envisions to be a lighter version of Bitcoin in which users can spend LTC anywhere faster and cheaper. While Bitcoin is hailed as the Digital Gold, Litecoin is known as the Digital Silver. Though Litecoin is developed from the Bitcoin source code, it is technically not a fork and doesn’t share any transaction history with Bitcoin.
Litecoin is similar to Bitcoin in terms of the block size limit which is capped at 1MB. The total supply of LTC is limited to 84 Million and new LTC is issued through mining. The block reward is also halved to make sure that Litecoin price remains intact. In terms of technology, Litecoin is ahead of Bitcoin and supports SegWit along with Atomic swaps. Litecoin is often addressed as Bitcoin Lite but it is much more than that. Litecoin is driving adoption with a cryptocurrency that can be used anywhere in the world.
Litecoin to Tether price details
LTC to USDT Conversion Rate and Price
Currently, the conversion rate for 1 LTC equals to 0$. The 24-hour highest price of Litecoin to USDT was 0$ and the lowest was 0$. In short, LTC price to USDT changed by 0.00%.
Instantly Exchange LTC to USDT
On ChangeHero you can instantly exchange Litecoin to Tether without signup. You can easily convert LTC to USDT in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your LTC to USDT exchange.
LTC to USDT Best Rate Exchange
In the Best Rate exchange of Litecoin to Tether, we search through various exchanges for the LTC to USDT pair and find the best rate available in the market. We provide you with an estimation of the amount of USDT you will receive.
As soon as you accept the terms and the LTC is deposited, the exchange will be automatically processed. We remind you that the final amount of USDT you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of LTC to USDT.
LTC to USDT Fixed Rate Conversion
In the Fixed Rate exchange of Litecoin to Tether, ChangeHero finds a good rate for the pair LTC to USDT and fixes the rate for up to 15 minutes. In the Best Rate exchange of LTC to USDT, you will receive the exact amount of USDT which was shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the specified USDT address. ChangeHero is the best place to exchange LTC to USDT fast and safely at the best rates.
Frequently asked questions
How long does it take to convert LTC to USDT?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange LTC to USDT?
No, you do not require an account to swap LTC to USDT on ChangeHero. There will be no registrations for your Litecoin to Tether transaction.
Do I need to go through KYC procedures for LTC to USDT exchange?
There will be no KYC for the LTC to USDT exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure which takes a few minutes.
Can I exchange USDT to LTC?
Yes, you can instantly exchange USDT to LTC on ChangeHero.
