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Price Litecoin $186.88 Last Update : 1 minute

Earn 40% Referral Commission and 10% short links and Offers

Recent Payouts

Date User Reward
2021-10-13 13:58:09MRhtVuxy5z1ixobbDjgX7xpo6ZgEetrLeS202 satoshi
2021-10-13 13:58:0616SYkZD1JybMxHT96yGqb2wniSPB7EeTtm202 satoshi
2021-10-13 13:57:54LWtT2g4hCPkzVQYo5gHDTqVp4xLjNFVBQF202 satoshi
2021-10-13 13:57:46MN3MjkHfSKX8yvUXUWP9KrcgqCgkbDYW9u202 satoshi
2021-10-13 13:57:45MStB4oY8FzmsFeVCNvb7841CMro8UDy3cm202 satoshi
2021-10-13 13:57:381C1myqhQRsR4re7qZZviza5kwsyETbtcbr202 satoshi
2021-10-13 13:57:3117PcGrgnhEhoSzVgP1Voxf9EtKpfMCN5kA202 satoshi
2021-10-13 13:57:111J4BC27gnyGTS3np2tApgHSsr1VgcwuN6U202 satoshi
2021-10-13 13:57:031LLgqRmvTt1RSUHjQWgzTA83K83tWKvwhX202 satoshi
2021-10-13 13:56:59MGCWF6CLye2P5YscYYARVK5Tn5WbX37JRR202 satoshi

What is Litecoin?

Litecoin (LTC or Ł) is a peer-to-peer cryptocurrency and open source software project released under the MIT/X11 license. Creation and transfer of coins is based on an open source cryptographic protocol and is not managed by any central authority. While inspired by, and in most regards technically nearly identical to Bitcoin (BTC), Litecoin has some technical improvements over Bitcoin, and most other major cryptocurrencies, such as the adoption of Segregated Witness, and the Lightning Network. These effectively allow a greater number of transactions to be processed by the network in a given time, reducing potential bottlenecks, as seen with Bitcoin. Litecoin also has almost zero payment cost and facilitates payments approximately four times faster than Bitcoin.

What is Litecoin Faucet?

Litecoin faucets are a reward system, in the form of a website or app, that dispenses rewards in the form of a litoshi, which is a hundredth of a millionth LTC, for visitors to claim in exchange for completing a captcha or task as described by the website. There are also faucets that dispense alternative cryptocurrencies. Rewards are dispensed at various predetermined intervals of time. Faucets usually give fractions of a litecoin, but the amount will typically fluctuate according to the value of litecoin.

Faucets are a great way to help introduce new people to litecoin, or to your favourite altcoin. Many faucets provide information to newbies as well as offering them some free coins so that they can try before they buy, experimenting with a test transaction or two before putting real money on the line. Since this whole area is so new and a bit scary to some people, who perhaps don't quite trust it with their hard earned cash yet, this is a great way to promote digital currency and bring in new users.