MATIC to LTC conversion chart
Polygon Matic to Litecoin correlation
According to the correlation analysis, MATIC and LTC have a strong relationship with each other and correlate. Whenever there is a change in the price of MATIC then LTC also tends to follow the same pattern and move together.
MATIC Price Change and Market Cap
Currently, the MATIC price is 0.004634 LTC and the 24-hour change is 2.45%. The market cap of Polygon today is $13 with a total of 12.49 MATIC in circulation. In the past 24 hours, the MATIC price peaked at 0.004674 LTC and the lowest price was 0.004565 LTC.
Polygon Price Prediction
MATIC hit the market in April 2019 after an Initial Exchange Offering on Binance, attracting plenty of attention. In June 2020 mainnet finally went live, though it was not until launching staking in July that the price moved. All in all, 2020 was a volatile but barely profitable year for MATIC holders, as it opened at $0.014 and closed around $0.018. After the rebrand to Polygon Network in February 2021, MATIC earned recognition and reached $2.68 in May 2021. At the very end of 2021, MATIC broke that record, too, and rose to $2.87.
In the MATIC price predictions in a year from now, experts give a very wide range of targets — from $2.84 all the way up to $8. In 2025, different predictions also give targets that have a fivefold difference: from $1.9 to $10.94. By 2030, MATIC will be trading for double-digit prices up to $70.
Polygon Wallets
Still confused about which wallet to pick?
We recommend Trezor, CoolWallet S and Exodus wallet. Each of them has peculiarities and serve different purposes. In all of these wallets, you can store MATIC, monitor live Polygon prices and also exchange it from ChangeHero without leaving the application.
MATIC to LTC exchange margin
The closing conversion rate for MATIC to LTC yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 MATIC to LTC would result in an output of 0.004634 LTC.
How to convert Polygon Matic to Litecoin
Polygon Matic and Litecoin comparison
The Matic cryptocurrency is used as a means of exchange for payments and settlements with the Polygon network participants. Polygon, rebranded from Matic Network, is a Layer-2 scaling solution that offers a variety of tools to increase the speed, lower the costs, and simplify payments on blockchain networks. Polygon positions itself as an extension to Ethereum, aimed at reducing the cost of transactions on Ethereum blockchain and speeding them up.
Litecoin is one of the most popular and oldest Altcoins (the term used for cryptocurrencies other than Bitcoin). Due to the immense growth in popularity and cult-like following, Bitcoin is touted to be Digital Gold and is seen as a safe haven. Litecoin follows a different path and envisions a world where faster and cheaper transactions of crypto exist. The protocol can also process Atomic Swaps in which cryptocurrency can be exchanged without the use of any intermediaries.
What is Polygon?
Polygon Network is an Ethereum-based interoperability solution for Ethereum-compatible chains. The problem is, even though there are scaling solutions on Ethereum, they cannot communicate with each other properly. This is the challenge Polygon sets out to solve.
To enable faster transactions and lower gas costs, Polygon leverages the Proof-of-Stake consensus algorithm. Ethereum is only used for finality and communication between Polygon chains, and the main bulk of operations happens on Polygon.
Polygon started out as Matic Network, a L2 scaling solution for Ethereum. However, along the way developers realized that there needs not be one single scaling solution. Instead, they set out to incorporate all of them into a single system and make it more approachable for use and development. This is why in 2021 they rebranded to Polygon.
Polygon Matic to Litecoin price details
MATIC to LTC Conversion Rate and Price
Currently, the conversion rate for 1 MATIC equals to 0.004634 LTC. The 24-hour highest price of Polygon Matic in relation to LTC was 0.004674 LTC and the lowest was 0.004565 LTC. In short, MATIC price in relation to LTC changed by 2.45%.
Instantly Exchange MATIC to LTC
On ChangeHero you can instantly exchange Polygon Matic to Litecoin without signup. You can easily convert MATIC to LTC in a few clicks without worrying about the rates and fees. ChangeHero offers both the Best Rate and Fixed Rate for your MATIC to LTC exchange.
MATIC to LTC Best Rate Exchange
In the Best Rate exchange of Polygon Matic to Litecoin, we search through various exchanges for the MATIC to LTC pair and find the best rate available in the market. We provide you with an estimation of the amount of LTC you will receive.
As soon as you accept the terms and the MATIC is deposited, the exchange will be automatically processed. We remind you that the final amount of LTC you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of MATIC to LTC.
MATIC to LTC Fixed Rate Conversion
In the Fixed Rate exchange of Polygon Matic to Litecoin, ChangeHero finds a good rate for the pair MATIC to LTC and fix the rate for up to 15 minutes. In the Best Rate exchange of MATIC to LTC, you will receive the exact amount of LTC 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 mentioned LTC address. ChangeHero is the best place to exchange MATIC to LTC fast and safe at the best rates.
Frequently asked questions
How long does it take to convert MATIC to LTC?
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 MATIC to LTC?
No, you do not require an account to swap MATIC to LTC on ChangeHero. There will be no registrations for your Polygon Matic to Litecoin transaction.
Do I need to go through KYC procedures for MATIC to LTC exchange?
There will be no KYC for the MATIC to LTC exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure that takes a few minutes.
Can I exchange LTC to MATIC?
Yes, you can instantly exchange LTC to MATIC on ChangeHero.