One More Way to Buy Litecoin Via Bank Transfer and Credit card

On April 13 Spanish company Bit2Me added the possibility to buy Litecoin cryptocurrency
13 April 2018   1954

Bit2Me is a Spanish company in buying selling of Bitcoins, which offers services all over the world. Through Bit2Me people can buy and sell bitcoins simply, safely and quickly using different methods of payment and receiving money. 

Bit2me payment methodsBit2me payment methods

The platform allows users to buy cryptocurrency easily via bank transfer, credit cards, assisted bank transfer or even cash. The users can but Bitcoin, Ethereum, Bitcoin Cash using the platform, and on April 13 Bit2Me added the possibility to buy Litecoin currency, which is a great news for the fans of LTC cryptocurency.

Reddit user comment towards Bit2Me news regarding Litecoin supportReddit user comment towards Bit2Me news regarding Litecoin support

At the moment of press, these are main market parameters of Litecoin:

  • Average Price: $129,86
  • Market Cap: $7 280 164 031
  • 24h Vol: $517 016 000

Litecoin to Implement Reward Halving Successfully

Block reward was reduced from 25 LTC to 12.5 LTC on block 1,680,000
06 August 2019   385

Today, on August 5, the reward for the Litecoin block for miners was halved.

Halving happened on block 1,680,000, changing the block reward from 25 LTC to 12.5 LTC. The next halving will take place in four years - tentatively on August 2, 2023, as a result of which the block reward will decrease to 6.25 LTC, making digital silver even more scarce.

Litecoin Block Reward Halving Countdown
Litecoin Block Reward Halving Countdown

According to litecoinblockhalf, 75% of the total Litecoin supply has been mined so far. The current inflation rate of the coin is 4.26%, and after four years it should drop to 1.80%.

Many investors were sure that the market had long “digested” the positive expectations in connection with a decrease in cryptocurrency emissions and expected either a sideways price movement or even a decrease in the LTC rate.