1 LTC = HK$423.11 Hong Kong Dollar 1 HKD Hong Kong Dollar = 0.00236348 LTC
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View ChartLitecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.
The Litecoin blockchain is the largest global scrypt based network, operating with 100% uptime since 2011 securing and tracasting billions of dollars of value.
It is capable of handling higher transaction volume than its counterpart – Bitcoin. Due to more frequent block generation, the network supports more transactions without a need to modify the software in the future.
As a result, merchants get faster confirmation times, while still having ability to wait for more confirmations when selling bigger ticket items.
The first difference between Litecoin and Bitcoin lies in their maximum supply cap. Bitcoin has a supply capped at 21 million, while Litecoin’s supply is constrained to 84 million.
Another distinction between Litecoin and Bitcoin lies in the protocols to mine coins. As mentioned earlier, Bitcoin uses SHA-256 and Litecoin relies on a modified version of Scrypt to generate coins. The difference in protocols has implications on transaction processing times for both coins. Litecoin is four times as fast as Bitcoin in processing and confirming transactions.
The speed in processing transactions can come at the expense of security because fewer rounds of transaction verification are involved. Litecoin’s confirmation time of 2.5 minutes (as opposed to the roughly 10 minutes that Bitcoin takes to confirm transactions) is convenient for small merchants who do not want or need their transactions to be super secure.
Litecoin has moved away from its mining ecosystem dominated by individual miners to a corporatized setup, where large mining pools run by tech firms account for an overwhelming majority of Litecoin mining.
It has a much lower market capacity than more popular coins. However, it is still one of the most traded cryptocurrencies, maintaining a position within the top 30 coins out of the more than 18,000 tracked by CoinMarketCap. This demonstrates that it is still a popular cryptocurrency but doesn’t have the investor interest that Bitcoin and some newer coins have.
Trading LTC/HKD involves speculating on its price movement. Follow these steps to start:
Fund Your Account: Deposit HKD or LTC into your BTCC account.
Navigate to the Market: Go to the "Trade" section and select the LTC/HKD trading pair.
Analyze the Chart: Use our professional trading charts and indicators to inform your decision.
Place Your Trade Order:
To Buy (Go Long): If you believe the price will rise, place a buy order.
To Sell (Go Short): If you believe the price will fall, you can open a short position (available in derivatives trading like futures).
Set Order Parameters: Choose between Market, Limit, or Stop orders based on your strategy, enter the amount, and confirm the order.
Manage Your Trade: Monitor your open positions and use Stop-Loss/Take-Profit orders to manage risk automatically.
For detailed guides on each order type and risk management, please visit our Help Center
Yes, absolutely. BTCC supports multiple ways to gain exposure to Litecoin(LTC) using HKD, from simple purchases to advanced trading strategies.
You can:
Buy Instantly: Use our "Buy Crypto" feature with a linked debit/credit card or bank transfer to purchase Litecoin directly.
Trade on the Spot Market: Deposit HKD and place a buy order on the LTC/HKD spot trading pair using market or limit orders, taking direct ownership of the LTC.
Trade LTC/HKD Futures: For more advanced strategies, you can trade LTC/HKD perpetual or dated futures contracts. This allows you to speculate on Litecoin's future price movements with leverage, enabling potential profits from both rising and falling markets without needing to hold the underlying asset directly.
To perform your LTC to HKD conversion on BTCC:
Access your account by signing in, or create a new BTCC account if needed.
Go to the trading interface and select the LTC/HKD trading pair.
Input the specific amount of Litecoin you wish to sell.
Verify the displayed exchange rate and your final HKD total.
Confirm and finalize the sell transaction.
Following these steps, your HKD balance will be updated instantly.
Our converter tool is designed for quick calculations. Here's how to use it:
Locate the "Crypto Converter" section on our website or within the app.
Type the amount of LTC you want to convert into the first field.
The equivalent value in HKD will be instantly calculated and displayed in the second field, using the latest live market rate.
The LTC/HKD exchange rate is the current market price at which 1 Litecoin(LTC) can be exchanged for HKD. In simpler terms, it tells you how many HKD one Litecoin is worth at any given moment.
Currently, one Litecoin is HK$423.11. The price of 1 Litecoin(LTC) in HKD is constantly changing due to the 24/7 nature of the global cryptocurrency market. To get the live, real-time price, please check the market data section at the top of our platform or visit our dedicated LTC to HKD converter.