Bitcoin vs. Litecoin – The Similarities - Storage and Transactions

Storage and Transactions

Like many other cryptocurrencies, Litecoin and Bitcoin can be bought via any exchange or mined. They share a significant number of essential elements. Both the assets require a wallet to be stored, and interestingly, both the assets are notorious for experiencing dramatic volatility.

Good info.

  • both have been in the top 10 on CoinMarketcap since inception.
  • both can be held in interest earning accounts
  • both can be used a collateral to get a loan
  • both offer credit & debit cards allowing to draw from your coin balance

However psychologically it is more satisfying to hold 1.00 LTC than 0.0041 BTC