Where to Spend Your Litecoin in 2020
Litecoin is the sixth largest cryptocurrency in the world and is one of the most popular ones. The cryptocurrency, which is often regarded as Bitcoin’s sister, was created as a cheaper alternative to Bitcoin, and it continues to serve that purpose. Due to its features, Litecoin has become one of the most popularly used cryptocurrencies for payment. In this article, we will list the websites and stores that accept Litecoin.
What is Litecoin?
Litecoin is a peer-to-peer cryptocurrency that was created by Charlie Lee in 2011. The cryptocurrency was created to solve some of the problems Bitcoin encounters, which is no surprise that Litecoin is built similarly to Bitcoin, with a few exceptions. The total supply limit for Litecoin is 84 million LTC coins.
Litecoin has become a favorable method of cryptocurrency payment due to its features. In the first place, Litecoin has a larger coin supply compared to Bitcoin. Thus, there are more coins in circulation to enable transactions at all times. Secondly, the transaction processing time with Litecoin is shorter than Bitcoin. It takes roughly 2.5 minutes for a new block to be generated on the Litecoin blockchain compared to the 10 minutes it takes for Bitcoin. Also, Litecoin’s transaction fees are much lower than that of Bitcoin and a wide range of cryptocurrencies.
These features make Litecoin an ideal cryptocurrency for everyday transactions. An increasing number of merchants and stores are now accepting LTC as a means of payment. We will now look at the places where you can spend your Litecoin in 2019.
Stores and merchants that accept Litecoin (LTC)
As a cryptocurrency enthusiast and user, it is only natural that you would like to know the places where you can spend your digital currencies. In the case of Litecoin, several merchants and stores are now accepting the cryptocurrency as a form of payment. Here are the merchants that accept LTC payments.
Earlier this year, the Litecoin Foundation partnered with American football team the Miami Dolphins, a partnership that will see the football team accept Litecoin as their official cryptocurrency. Litecoin can now be used by millions of Dolphins fans to pay for match tickets and other merchandise sold by the organization.
This payment processing company accepts Litecoin and a host of other cryptocurrencies. CoinPayments makes it possible for merchants and businesses to accept Litecoin and other cryptocurrencies as a means of payment.
Ellenet is a leading Australian IT service provider that has been accepting Litecoin and Bitcoin since 2014. The company is a big fan of cryptocurrencies and accepts LTC as a means of payment for its services.
Cryptopet is an online pet apparel and accessories merchant that is dedicated to serving cryptocurrency users. They accept Litecoin, Bitcoin, Dash, Ethereum, Dogecoin, and a few other cryptocurrencies.
Snel is an IT firm that provides fast, simple, and smart Dedicated and Cloud VPS hosting services. The company, which is big on customer satisfaction accepts Litecoin, Bitcoin, Monero, and a few other cryptocurrencies as payment for its services.
This website is a Canadian platform dedicated to selling jewelry at liquidated and wholesale prices. The site has been accepting cryptocurrencies since 2012. It currently accepts Litecoin, Bitcoin, Ethereum, and a few other cryptocurrencies.
CheapAir is a website that offers a wide range of services, including flights, hotel bookings, and car rentals. The company started accepting Bitcoin back in 2013 and now accepts other cryptocurrencies such as Litecoin and Dogecoin.
This is a popular online gambling website that offers seven games – Dice, Blackjack, Slot, Roulette, Video Poker, Plinko, and Lottery. They are dedicated to cryptocurrencies and currently accept a vast number of cryptocurrencies including, Litecoin, Bitcoin, Monero. Dash, and more.
Btctrip is another online travel agency dedicated to cryptocurrency users. The company accepts Litecoin, Bitcoin, and Dogecoin via its partnership with Bitpay. They allow people to book flights, rent hotels, and plan vacations, paying for the services with cryptocurrencies.
Re/Max is a London-based real estate firm that is very cryptocurrency-friendly. The company, via their partnership with GoCoin, which allows people to buy and rent real estate and pay for it using Bitcoin, Litecoin, and Dogecoin.
There are hundreds of merchants that accept Litecoin, and it is impossible to list all of them in this article. Here are some platforms that accept LTC as a means of payment.
- I49 Seed Bank
- High Life Goods
- Playhub Casino
- com Inc.
- Gadget Geek
Litecoin has become a favorite cryptocurrency due to the features it provides to its users. The number of merchants accepting the cryptocurrency continues to increase as it is a cheaper and faster alternative to Bitcoin. The sites listed in this post are some of the leading platforms that accept LTC as a means of payment.