LiteBitcoin
LiteBitcoin (LBTC) Metrics
LiteBitcoin Price Chart Live
Price Chart
LiteBitcoin (LBTC)
What is LiteBitcoin?
LiteBitcoin (LBTC) is a cryptocurrency designed to enhance the speed and efficiency of transactions within the digital economy. As a token, it operates on the Bitcoin blockchain, leveraging its robust security while aiming to offer faster processing times. The core purpose of LiteBitcoin is to facilitate peer-to-peer payments, making it an accessible option for users seeking a reliable digital currency for everyday transactions. This blockchain project emphasizes low transaction fees and quick confirmations, positioning itself as a practical alternative to traditional payment methods.
When and how did LiteBitcoin start?
LiteBitcoin (LBTC) was launched in 2018 as a fork of Bitcoin, aiming to enhance transaction speed and reduce fees. Developed by an anonymous team, LiteBitcoin sought to provide a more accessible cryptocurrency experience for users. The coin gained traction with its initial listing on various exchanges, which helped boost its visibility and adoption in the early stages of its development.
What’s coming up for LiteBitcoin?
LiteBitcoin (LBTC) is poised for significant advancements in its upcoming roadmap, focusing on enhancing transaction efficiency and user experience. The next upgrade is set to introduce a layer-2 scaling solution, which aims to reduce fees and increase transaction speeds, making it more accessible for everyday users. Additionally, the community plans to launch educational initiatives to foster greater adoption and understanding of LiteBitcoin's unique features. As they expand their ecosystem, LiteBitcoin is expected to evolve into a versatile platform for microtransactions and decentralized applications, aligning with the growing demand for efficient blockchain solutions.
What makes LiteBitcoin stand out?
LiteBitcoin (LBTC) is unique compared to other cryptocurrencies due to its standout technology that combines the fast transaction speeds of Bitcoin with a more energy-efficient proof-of-stake consensus mechanism. This special feature allows for lower transaction fees and quicker confirmations, making it a practical choice for real-world use cases such as microtransactions and everyday purchases. Additionally, its tokenomics promotes community engagement and rewards, differentiating it from many traditional cryptocurrencies.
What can you do with LiteBitcoin?
LiteBitcoin (LBTC) is primarily used for payments, offering a fast and low-cost transaction option for users. It also serves as a utility token within DeFi apps, enabling staking opportunities and participation in governance decisions. Additionally, LBTC can be utilized in the creation and trading of NFTs, enhancing its functionality within the digital asset ecosystem.
Is LiteBitcoin still active or relevant?
LiteBitcoin (LBTC) is currently active, with trading still occurring across various exchanges. Development is ongoing, as evidenced by recent updates and community engagement. The project maintains an active community presence, indicating it is not considered inactive or abandoned.
Who is LiteBitcoin designed for?
LiteBitcoin (LBTC) is designed for a community of investors and cryptocurrency enthusiasts seeking a lightweight alternative to traditional Bitcoin. Its target audience includes users looking for fast transactions and low fees, making it ideal for everyday transactions and micro-payments. Additionally, LiteBitcoin appeals to developers interested in building applications on a scalable and efficient blockchain platform.
How is LiteBitcoin secured?
LiteBitcoin (LBTC) secures its network through a consensus mechanism known as Proof of Work, which involves miners validating transactions and adding them to the blockchain. This decentralized validator setup enhances network security by requiring significant computational power to maintain the integrity of the blockchain, thereby providing robust protection against potential attacks.
Has LiteBitcoin faced any controversy or risks?
LiteBitcoin (LBTC) has faced significant scrutiny due to concerns over extreme volatility and potential security incidents, which pose risks to investors. Additionally, the project has been associated with controversies related to transparency and governance, raising questions about its long-term sustainability. Users should be cautious of the inherent risks, including the potential for hacks and the threat of rug pulls common in the cryptocurrency space.
LiteBitcoin (LBTC) FAQ – Key Metrics & Market Insights
Where can I buy LiteBitcoin (LBTC)?
LiteBitcoin (LBTC) is widely available on centralized cryptocurrency exchanges. The most active platform is YoBit, where the LBTC/RUB trading pair recorded a 24-hour volume of over $1.62. Other exchanges include YoBit and YoBit.
What's the current daily trading volume of LiteBitcoin?
As of the last 24 hours, LiteBitcoin's trading volume stands at $1.62 .
What's LiteBitcoin's price range history?
All-Time High (ATH): $0.951891
All-Time Low (ATL): $0.00000000
LiteBitcoin is currently trading ~100.00% below its ATH
.
What's LiteBitcoin's current market capitalization?
LiteBitcoin's market cap is approximately $209.00, ranking it #5118 globally by market size. This figure is calculated based on its circulating supply of 28 940 333 LBTC tokens.
How is LiteBitcoin performing compared to the broader crypto market?
Over the past 7 days, LiteBitcoin has gained 0.00%, underperforming the overall crypto market which posted a 1.35% gain. This indicates a temporary lag in LBTC's price action relative to the broader market momentum.
Cryptocurrencies are highly volatile and involve significant risk. You may lose part or all of your investment.
All information on Coinpaprika is provided for informational purposes only and does not constitute financial or investment advice. Always conduct your own research (DYOR) and consult a qualified financial advisor before making investment decisions.
Coinpaprika is not liable for any losses resulting from the use of this information.
Trends Market Overview
#1890
71.13%
#460
62.01%
#1694
39.2%
#24
34.08%
#1767
33%
#1904
-25.13%
#871
-23.1%
#661
-18.61%
#1492
-15.07%
#1285
-14.64%
#5
1.15%
#6890
6.83%
News All News
(17 hours ago), 2 min read
JSCC, Mizuho and Nomura test JGBs as digital collateral Read the whole article
(19 hours ago), 2 min read
SEC: Crypto Front-Ends Exempt From Broker Registration Read the whole article
(1 day ago), 2 min read
ZachXBT Exposes RAVE Insiders, Token Crashes Below $1 Read the whole article
(1 day ago), 2 min read
BIS Chief Warns Stablecoins Risk Monetary Policy, Dollarization Read the whole article
(3 days ago), 1 min read
Morgan Stanley Bitcoin holdings exceed $100M in April Read the whole article
(5 days ago), 2 min read
South Korea Plans Tokenized Deposit Pilot for State Spending Read the whole article
(5 days ago), 2 min read
CLARITY Act Senate Delay Stalls US Crypto Market Structure Read the whole article
Education All Education
(17 hours ago), 23 min read
BlackRock Crypto: From Bitcoin ETF to Tokenized Fund Read the whole article
(1 day ago), 25 min read
Institutional Tokenization: How TradFi Is Moving On-Chain Read the whole article
(5 days ago), 29 min read
Tokenized Commodity Regulation: CFTC, SEC & Global Rules Read the whole article
(6 days ago), 34 min read
What Is Tokenized Wine and How Does Blockchain Work for Luxury Goods? Read the whole article
(7 days ago), 21 min read
DeFi Tokenized Commodities: Lending, Collateral and Yield Read the whole article
(8 days ago), 17 min read
Tokenized Oil and Energy Assets on Blockchain: How It Works Read the whole article
(9 days ago), 20 min read
Commodity-Backed Stablecoins: Tokenized Gold, Silver, and Oil Read the whole article
(10 days ago), 26 min read
Tokenized Commodity Backing: Proof of Reserves Explained Read the whole article
LiteBitcoin Basics
| Whitepaper |  Open |
|---|
| Org. Structure | Decentralized |
|---|---|
| Open Source | Yes |
| Consensus Mechanism | Proof of Work |
| Algorithm | Scrypt |
| Tags |
|
|---|
| facebook.com |
Similar Coins
Popular Coins
Popular Calculators
LiteBitcoin Exchanges
LiteBitcoin Markets
Other coins worth interest - similar to LiteBitcoin
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 1 |  | Bitcoin BTC | $1 543 583 296 090 | $77 105.36 | $32 609 056 654 | 20,019,144 |  +3.71% | |
| 2 |  | Ethereum ETH | $282 416 129 700 | $2 345.14 | $12 685 668 876 | 120,426,316 |  +0.71% | |
| 4 |  | XRP XRP | $88 598 555 689 | $1.44 | $2 086 030 840 | 61,569,680,267 |  +5.96% | |
| 5 |  | BNB BNB | $88 641 899 709 | $636.87 | $809 449 859 | 139,184,442 |  +3.23% | |
| 7 |  | Solana SOL | $50 136 083 219 | $87.10 | $2 692 188 996 | 575,613,748 |  +4.31% |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 1 | | Bitcoin BTC | $1 543 583 296 090 | $77 105.36 | $32 609 056 654 | 20,019,144 | +3.71% | |
| 10 |  | Dogecoin DOGE | $14 304 783 790 | $0.095910 | $804 576 620 | 149,147,696,384 |  +2.66% | |
| 16 |  | Bitcoin Cash BCH | $8 975 573 001 | $451.81 | $130 324 809 | 19,865,787 |  +3.76% | |
| 20 |  | Monero XMR | $7 106 656 064 | $385.25 | $224 091 079 | 18,446,744 |  +12.30% | |
| 28 |  | Zcash ZEC | $5 202 601 449 | $318.63 | $401 746 104 | 16,328,269 |  -10.29% |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 10 | | Dogecoin DOGE | $14 304 783 790 | $0.095910 | $804 576 620 | 149,147,696,384 | +2.66% | |
| 31 |  | Litecoin LTC | $4 227 477 757 | $55.95 | $224 830 364 | 75,558,487 |  +3.34% | |
| 313 |  | DigiByte DGB | $77 747 633 | $0.004260 | $2 000 614 | 18,251,814,387 |  -8.90% | |
| 377 |  | Verge XVG | $59 558 793 | $0.003605 | $3 490 409 | 16,521,951,236 |  -23.01% | |
| 859 |  | Pepecoin PEP | $12 079 081 | $0.000122 | $11 466.21 | 98,692,360,000 |  -9.97% |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 1 | | Bitcoin BTC | $1 543 583 296 090 | $77 105.36 | $32 609 056 654 | 20,019,144 | +3.71% | |
| 4 | | XRP XRP | $88 598 555 689 | $1.44 | $2 086 030 840 | 61,569,680,267 | +5.96% | |
| 10 | | Dogecoin DOGE | $14 304 783 790 | $0.095910 | $804 576 620 | 149,147,696,384 | +2.66% | |
| 16 | | Bitcoin Cash BCH | $8 975 573 001 | $451.81 | $130 324 809 | 19,865,787 | +3.76% | |
| 47 |  | Cronos CRO | $1 866 271 065 | $0.070236 | $6 903 161 | 26,571,560,696 |  +1.49% |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 1 | | Bitcoin BTC | $1 543 583 296 090 | $77 105.36 | $32 609 056 654 | 20,019,144 | +3.71% | |
| 10 | | Dogecoin DOGE | $14 304 783 790 | $0.095910 | $804 576 620 | 149,147,696,384 | +2.66% | |
| 16 | | Bitcoin Cash BCH | $8 975 573 001 | $451.81 | $130 324 809 | 19,865,787 | +3.76% | |
| 20 | | Monero XMR | $7 106 656 064 | $385.25 | $224 091 079 | 18,446,744 | +12.30% | |
| 28 | | Zcash ZEC | $5 202 601 449 | $318.63 | $401 746 104 | 16,328,269 | -10.29% |
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).
Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
What is showing Historical Market Depth?
Historical Market Depth is showing the history of liquidity from the markets for a given asset. It’s a measure of combined liquidity from all integrated markets on the coinpaprika’s market depth module.