Litecoin (LTC): Litecoin is the cheaper and faster alternative crypto coin for Bitcoin (BTC) which is targeted by most investors. This Blockchain network set to launch new payment platform LitePay within this month. It is scheduled on February 26 but it is expected to launch within next week.
The launch of new payment system for Litecoin will definitely make a change in the cryptocurrency market. It may make LiteCoin be in the top three cryptos within few days of launching this LitePay. This is because the LitePay makes the payment most easier for the retailers.
Litecoin (LTC) is the trending cryptocurrency which has a fall in its price in recent days. The price of Litecoin is $151.33 USD which is decreased by -11.19%. Litecoin can be bought or sold on the exchange sites such as Binance, Bitfinex, OKEx, GDAX, Poloniex, HitBTC, Upbit, CoinsBank, and YoBit. The price of Litecoin can be checked on the link LiteCoin (LTC) Live Chart. Litecoin (LTC) is ranked 6th in the coin market cap.
What is LitePay?
LitePay is a new system where retailers can accept Litecoin payments instantly from anywhere in the world. It has a few components. It is an e-commerce payment tool. Merchants can accept Litecoin payments via an easy payment gateway as LTC can easily be converted into USD immediately. LitePay charges a flat 1% fee per transaction, which is fantastically low compared to standard credit card fees which are around 3%, typically.