How does LTC BTC work?

How to swap LTC to BTC

Key Takeaways. Litecoin was one of the first “altcoins” to draw from Bitcoin’s original open-source code to create a new cryptocurrency—one that is still active today. Because Bitcoin remains the principal cryptocurrency, other major altcoins such as Litecoin do tend to follow its price trends .

It shares many similar attributes with Bitcoin and is among the oldest crypto assets in the market that still exists in the top ten cryptocurrencies by market cap. This alone gives Litecoin incredible promise as an investment and tremendous staying power when it comes to the fast-paced crypto market .

LTC/BTC is a currency pair where the cost of Litecoin is quoted in Bitcoins . In trading, this pair shows what amount of Bitcoin it takes to buy one Litecoin. LTC/BTC price changes can be tracked on the Litecoin to Bitcoin chart.