[Litevault](https://www.litevault.info/) is a user-friendly online wallet for storing, sending, and receiving Litecoin (LTC). It offers the convenience of accessing your LTC from any internet-connected device without downloading the blockchain.

It ensures the safety of users' wallets by encrypting them before storing them on its servers. It provides the added security of two-factor authentication via email address. This web wallet is open source, and its software has been developed with a focus on simplicity and ease of use. Additionally, it requires no operating system for its functionality. 

Originally designed for the storage of LTC, Litevault has since added the ability to use Changelly and other options.

The platform is managed by an individual known as "Someguy123", based in the UK. They have developed various projects, such as the Litecoin Block Explorer. Presently, "Someguy123" is working on producing code for the [Litecoin](/news/article/litecoin-predictions) 2.0 exchange and a new initiative called "Coinbet".

The e-wallet provides an online service that employs in-browser cryptography, which helps to minimize the likelihood of the coin operator accessing your cryptocurrency assets without your consent.

## How does it function?

Upon logging into Litevault, the server receives your identification information from the browser. It then sends an encrypted form of your wallet and the AES algorithm. The browser decrypts this using your password (which is not shared with the server) to access your private keys for signing transactions.

The utilization of the wallet is free of charge. However, when conducting [LTC](/news/article/litecoin-price-gbp) transactions, users must consider that the Litecoin network demands a fee for each data processing activity. In addition, exchanges typically impose a service charge ranging from 0.5-2% when purchasing Litecoin.

## How to use the e-wallet

To use the Litevault [wallet](/news/article/best-crypto-wallet-uk-top-picks), one must register an account by signing up and entering their full name, email, and other necessary information. After verifying the account, users can log in and create a new wallet encrypted with their chosen passphrase and store it on the company's server. 

Users can also enable two-factor authentication to keep a backup of their passphrase for added security. Additionally, it offers Tor hidden service for users seeking anonymity. 

## Is Litevault wallet safe?

The wallet has gained a significant following in the cryptocurrency market due to its user-friendly interface and high level of security. It has maintained a flawless track record with no reported security breaches. 

This is because all data passing through the tool and the browser for accessing the wallet is encrypted. Only the user with the wallet's passphrase can decrypt this information. As a result, it is crucial to safeguard the passphrase as it is the only means of restoring and gaining access to the funds it holds.

## Bottom line

Litevault wallet is a reliable and secure tool designed specifically for Litecoin users. It boasts an open-source web-based interface that is intuitive and beginner-friendly. Additionally, its exclusivity to Litecoin is not a hindrance as it is the first and most established [altcoin](/news/article/altcoin-buzz) with a stable market cap. Moreover, Litecoin serves as a trading pair for most crypto assets, making it a convenient option for users. Litevault is also a fast and dependable light node capable of handling various Litecoin transactions.


blue image of blockchain and litevault logo

Litevault Wallet Review 2023 

An Australian software engineer named Anthony Guerrera, going by the name [ynohthna92](https://github.com/ynohtna92) on GitHub, has successfully created a fork for the Bitcoin Ordinals protocol to support the Litecoin network. Consequently, ynohtna92 minted the debut Litecoin Ordinal, a first for one of the oldest cryptocurrencies in the world.

According to an 18 February r[epository posting](https://github.com/ynohtna92/ord-litecoin) on GitHub, the new Ordinals protocol on Litecoin now allows for non-fungible token-like digital assets to be introduced to the Litecoin network, similar to the Bitcoin network a few weeks ago.

## The first-ever Litecoin Ordinal

To get the development in line with Litecoin’s latest MWEB upgrade, the coder [inscribed](https://twitter.com/anthonyonchain/status/1627408947203411969) the Mimble Wimble white paper, known as inscription 0, onto the first Litecoin Ordinal. The Mimble Wimble upgrade on the Litecoin blockchain was launched in May 2022 to improve the network’s privacy and transaction size.

Launched on Bitcoin a few weeks ago, it has created a storm in the crypto sphere. According to [Dune Analytics](https://dune.com/dataalways/ordinals), its ability to mint content besides transactions has already made more than 154,000 inscriptions. The feat took the developer only one week and was incentivized by a "small monetary bounty".

Launched in 2011 as a fork of Bitcoin (BTC), [Litecoin](/news/article/litecoin-news) (LTC) is a peer-to-peer digital asset specifically designed to overcome some of BTC's initial challenges, especially the speed of processing transactions. LTC was the brainchild of former Google employee Charlie Lee, who sold it in 2017 to circumvent potential conflicts of interest. The race to bring in this new fork began on 10 February after an anonymous Twitter user, Indigo Nakamoto, [threw a challenge](https://twitter.com/indigo_nakamoto/status/1624247793438322689) to any coder who could port Ordinals to Litecoin for 5LTC – approximately $500.   

## Dedicated to the MWEB upgrade

Exactly one week later, Guerrera completed forking the GitHub repository and launched it. According to Guerrera, Ordinals could only work on the LTC network because of its soft forks of the SegWit and Taproot technologies associated with Bitcoin, which are required to make Ordinals work.

Guerrera, who calls himself a fan of technology who loves to see privacy introduced in public ledgers, dedicated the first inscription to the Mimble Wimble Extension Blocks (MWEB) upgrade. He added he'd hand it over as he's "got other things on his plate". However, he would keep contributing to the new fork and port all updates from the initial Ordinals.

At the time of writing, [Litecoin](/news/article/litecoin-predictions) is the 14th largest cryptocurrency by market capitalization, at $6,955,377,781 on [CoinMarketCap](https://coinmarketcap.com/currencies/litecoin/), and trading at $96.19.


Forked Bitcoin Ordinals Brought to Litecoin 

Litecoin is a cryptocurrency created to provide fast, secure, and low-cost payment services by taking advantage of the unique features of blockchain technology. So, what are the predictions about its future?

Its price move reflects the weakness of a large-scale cryptocurrency market in 2022. Although, the network finished its most worthy upgrade ever earlier in the year. 

It has been ranked third among all the cryptocurrencies by market capitalization for a long time. This cryptocurrency has been active for around nine years and has been a successful digital currency for a long duration. As a result, it is still ranked within the top 30 cryptocurrencies. 

## What is Litecoin?

LTC is a decentralized cryptocurrency founded in 2011 by Charlie Lee, a former employee of Google. Although it has the same working principle as [Bitcoin](/coins/btc), there are some differences.

It is inspired by Bitcoin's open-source software, but emerged to eliminate some errors in the Bitcoin system and has been successful in this field.

It aims to enable money transfers at lower costs and offer more storage possibilities than other cryptocurrencies.

By providing faster transactions at lower fees than the Bitcoin blockchain, Litecoin achieved great success in the first days of its existence and gained an important place among other cryptocurrencies.

## Litecoin founder Charlie Lee

LTC founder Charlie Lee worked at Google when he founded Litecoin in 2011. Lee divested his entire stake in 2017 and announced the division in a Reddit post on 20 December, 2017.

Charlie Lee developed this cryptocurrency to be "a simpler version of Bitcoin", with features similar to Bitcoin in many respects, but as a lighter alternative.

## Litecoin predictions

Looking at [Litecoin](/coins/ltc) predictions for value in the short term, CoinCodex shows the LTC price dropped by 3.4% to $53.44 by 1 November, 2022. However, according to WalletInvestor, the token could be trading at $89 by year-end. By 2025, Litecoin predictions say LTC could be trading at $113.

Finally, the DigitalCoinPrice price prediction anticipates [LTC](/news/article/01-litecoin) will trade at over $55.94 in 2022 and, in five years, it will be up to $173. 

When investors look at LTC price expectations, they should remember that the market is volatile, and that analysts' [Litecoin](https://changelly.com/blog/litecoin-price-prediction/) predictions could be wrong. Just rely on your own research. The decision to trade or invest depends on your own risk appetite, experience, and goals. Don't risk what you can't replace.


Litecoin Predictions

There has been lots of buzz about altcoins recently, making most crypto investors wonder if they are missing out on something big. But what is the altcoin buzz really about?

To fully understand the altcoin buzz, you first need to know what an altcoin is. 

## What are Altcoins?

Any digital currency that isn't [Bitcoin](/coins/btc) is an altcoin. The word "altcoin" is a portmanteau of "alternative" and "coin" to form "altcoin". It refers to a group of cryptocurrencies - all the coins other than Bitcoin. 

By market capacity, the top three altcoins are Ethereum, USD Coin, and Tether (USDT). Ethereum is the most popular. Other examples of altcoins are Shiba Inu, Solana, Litecoin, Dogecoin, XRP, Binance coin(BNB), ApeCoin(APE), and SandBox.

The first altcoins started in 2011, and now thousands of them exist. Early altcoins strived to improve Bitcoin's traits, such as transaction speeds or capacity efficiency. More recent altcoins perform a variety of tasks.
Different types include:

[Stablecoins](https://www.investopedia.com/terms/s/stablecoin.asp): Cryptocurrencies constructed to follow the price of another currency. Most of the biggest stablecoins are pegged to the US dollar and try to emulate its value. If the price fluctuates, the issuer of the coin will take actions to amend it. Examples include Tether(USDT), USD coin(USDC), and Dai(DAI).

Staking-based: These cryptocurrencies use a technique called staking to verify transactions and augment more coins to the stock. Owners of a staking-based cryptocurrency can select to stake their coins, meaning they're committing those coins to be used for transaction processing. The cryptocurrency's blockchain policy assigns a partaker to verify a block of transactions. In return, participants receive crypto prizes.

Mining-based: This cryptocurrency category uses a mining method to validate transactions and expand more coins to the supply. Miners use gadgets to solve mathematical equations. Naturally, the first miner to decipher the equation gets to validate a block of transactions. In return, miners who validate blocks obtain crypto bonuses.

Governance tokens: They are cryptocurrencies that bestow owners voting rights to help form the future of the project. In most cases, these tokens allow you to develop and vote on suggestions associated with the cryptocurrency.

## Are Altcoins Reliable and the Future of Cryptocurrency?

Future values of altcoins are hard to predict, but if the blockchain they were designed is used and developed, the altcoins are likely to continue and prosper.

With the current state of Bitcoin now, everyone is getting an education on other options they can invest in and use for transactions.

Each time Bitcoin drops in value is an opportunity for altcoins to rise and receive more investment. In recent months, there has been altcoin buzz because of the state of the market.

## Conclusion 

As we all know, Bitcoin is the biggest cryptocurrency. But the value has been hit in recent months, meaning crypto investors have looked at alternatives.

That has increased the altcoin buzz, as investors investigate the top altcoins to invest in and learn more about in times of a crypto crash.

Expanding an investment portfolio beyond Bitcoin can be sensible, especially as some altcoins could deliver significant profits.

As ever, before choosing to invest in any cryptocurrency, ensure you conduct thorough, independent research.


Altcoin Buzz: What's It All About?

While [Bitcoin](/coins/btc) is the big boy of the crypto world, many other coins, known as "altcoins," have emerged in recent years. But which are the altcoins to watch?

Finding the most outstanding altcoins can be difficult due to the many options available, but it's well worth it because these currencies can often yield triple-digit returns.

We've conducted research and put together some of the most interesting altcoins to watch closely in 2022, in no particular order. But first, we need to understand what an altcoin is.

## What are Altcoins?

The term "altcoin" is made up of two words: "alt" and "coin," where alt means "alternative" and coin means "cryptocurrency". They denote a type of cryptocurrency alternative to the digital Bitcoin currency when used together. Following Bitcoin's success, a slew of alternative peer-to-peer digital currencies sprung up to compete.

## Top Altcoins in 2022

### Litecoin: Litecoin (LTC) is a cryptocurrency that was founded in 2011 as a result of a fork in the Bitcoin blockchain. It was created in response to developer worries that Bitcoin was becoming too centralised and making it more difficult for large-scale mining companies to obtain an advantage in mining. For example, a Bitcoin block takes roughly 10 minutes to mine, but a Litecoin block only takes two and a half minutes. The supply of Litecoin is set at 84 million, and the current reward for mining a block is 12 and a half Litecoins, which will be cut in half in 2023.

### NEO: NEO is a Chinese-based blockchain platform, cryptocurrency, and network for decentralised programmes, or dApps. It was influenced by networks like Ethereum, but with a few significant technological changes.
According to its designers, NEO was created for the "Smart Economy", which combines digital assets, digital identities, and smart contracts into one seamless environment. The goal of NEO was never to destabilise China's fiat currency but rather to assist the country's economy is transitioning to the blockchain era.
Despite the Chinese government's crackdown on ICOs and cryptocurrencies, NEO has been able to raise the funding necessary to develop and launch its initiatives, fueling concerns about a possible link between the business and Chinese officials.

### [STELLAR (XLM)](https://coinmarketcap.com/currencies/stellar/): Stellar is a decentralised network that allows users to generate, send, and trade various cryptocurrencies. It was founded in 2014 and debuted in 2015 with the goal of connecting the world's financial systems into a single network.
Like other blockchain-based decentralised platforms and exchanges, Stellar is distributed across numerous servers. This means that a single entity does not supervise the behavior on Stellar. Stripe, one of the major payment gateways in the world, stated plans to replace Bitcoin with XLM in early 2018. As a result of this news, Stellar's price increased by 20% due to this announcement, cementing the coin's position as a Bitcoin alternative.

### ETHER (ETH): The cryptocurrency utilised on the Ethereum blockchain network is called Ether. Ether is known to be the second-largest cryptocurrency in the world, after bitcoin, in terms of market capitalisation. Hence it might be called the largest of the 'altcoins.'
Vitalik Buterin, a programmer, introduced Ethereum as a platform in 2013, and the network went online in 2015. It's mostly used as a decentralised finance platform, but it's also been used to assist with developing other altcoins via initial coin offerings.

### DOGECOIN ([DOGE](/coins/doge)): Dogecoin is the final altcoin we'll discuss in this article, and it's one of the most recent to get mainstream notice. This interest is partly due to celebrity endorsements like Elon Musk, Snoop Dogg, and Gene Simmons on social media.

Dogecoin began as a parody of cryptocurrencies, but it has since grown in market value and popularity. Dogecoin is a digital asset based on a fork of the Litecoin code that serves as an accessible entry point for crypto newcomers. It is based on a division of the Litecoin code. Since its inception in 2013, Dogecoin's popularity has sparked the development of a slew of copycat memecoins, which have grown into their [industry](https://prnews.io/blog/video-journalists.html) of fun digital assets that demonstrate the market worth of internet culture in the digital economy.

## Conclusion

Some people see this low-price phase as an opportunity to increase their crypto holdings before prices rise again. However, much depends on your financial situation and expectations for how crypto will perform in the long run.

Buying crypto may make sense if you only invest money you can afford to lose and have other financial goals, such as retirement savings and an emergency fund.

These altcoins may be interesting in July for various reasons, but don't buy them hoping for a quick profit. Furthermore, don't buy something just because the price appears low; it could go lower. Instead, take time, thoroughly investigate the topic, and maintain a long-term perspective.


Altcoins to Watch: The Top 5

This article is about investing in new altcoins - how to start, what to do, the risks, and ones to watch out for.
Altcoin is the short hand for alternative coins, which refers to all cryptocurrencies that aren't Bitcoin.

## How can I get started with new altcoins?

There are a few ways to acquire new altcoins: buy them on an exchange, mine them, or receive them as a gift.
If you're looking to buy altcoins, the most common way is to use an exchange. You can search for a list of businesses that offer a variety of altcoins on their platform. But it is highly advised to do your research before choosing an exchange, as some are more reputable than others.

You'll need to purchase a [mining](/news/article/best-crypto-miner) rig to start mining altcoins. This can be expensive, so research and compare different rigs before purchasing. Once your rig is set up, you'll need to download mining software and configure it to start mining coins.

You could also participate in airdrops. Airdrops are when a cryptocurrency project distributes free new altcoins to the community. To participate in an airdrop, you only need a wallet address where the tokens will be sent.

## What are the risks of investing in new altcoins?

When it comes to investing in new altcoins, there are a few risks you should be aware of. Firstly, new altcoins are incredibly volatile and can go up or down in value rapidly. Secondly, new altcoins are still in their early stages and may not be as developed or reliable as more established cryptocurrencies.

Finally, altcoins are often less regulated than traditional currencies, so there is more potential for fraud or scams. As with any investment, it's essential to do your research before investing in any altcoin.

## What are the most promising altcoins right now?

Bitcoin is the most well-known and established cryptocurrency on the market, but many other altcoins are worth looking into. These cryptocurrencies have been created in response to Bitcoin and often offer different features or solutions to the problems that Bitcoin has.

Some of the most promising altcoins include Litecoin, Ethereum, Cardano, Polkadot, Polygon, Cosmos (ATOM), and Dash.

Litecoin is similar to [BTC](https://bitcoin.org/en/), but has a faster transaction speed and a lower transaction fee.

Ethereum is a wildly popular cryptocurrency, second in popularity after BTC, and is based on a platform where decentralized applications are developed.

Dash is a cryptocurrency that offers private transactions and instant payments.

If you're interested in getting into altcoins, it's essential to research to find out which ones are the most 
promising for you. As with any investment, it's always important to be cautious and aware of the risks involved.

## Conclusion

Choosing which new altcoin to invest in can be challenging as there are so many.

Research carefully and find coins with a good team behind them, a solid plan for the future, and a good track record. No matter what happens, never invest more than you can afford to lose, and remember to keep your coins safe.


How to Get Started With New Altcoins

*Find out the cost of 0.1 Litecoin in USD, BTC, and other cryptocurrencies below.*

[Litecoin (LTC)](https://litecoin.com/en/) is one of the oldest high-performing cryptocurrencies. It was introduced back in 2011 when Bitcoin first started seeing a surge. LTC's blockchain is also designed per the set standards of Bitcoin and has the capacity to perform transactions faster than BTC.

So far, [Litecoin](/coins/ltc) reached its highest price of $410.26 about a year ago. However, its value has dwindled now because of the bearish market. Still, the project has a good potential for investment. But because of the bearish market trend for cryptocurrencies, it would be better to start with small amounts. Here you can find out the current value of 0.1 Litecoin!

## Litecoin price today

To conduct thorough research, it is essential that you first check a single Litecoin’s price. So, as of 17 June 2022, Litecoin is worth $46.57, according to the CoinMarketCap. Besides, its current market cap is $3,285,001,233, and it is showing a 1.43% upward trend.

## The cost of 0.1 Litecoin to USD

As per the current price of Litecoin and the exchange rate, the value of 0.1 LTC is approximately $4.67. Over the past week, its value fluctuated between $4.40 and $5.30. On the other hand, according to the Litecoin price predictions for July, it can reach up to $6.

## 0.1 Litecoin exchange rates for other cryptocurrencies

You can also convert your Litecoins to other crypto tokens or buy LTC with them. Here are the LTC exchange rates for some of the other cryptocurrencies!

## The cost of 0.1 LTC to BTC

You might also want to convert your Litecoins to Bitcoins. Here is the conversion of 0.1 LTC to[ BTC](/coins/btc). The current price of 0.1 LTC converts only to 0.000224 BTC. Both Litecoin and Bitcoin are going through a declining curve. And so, it can be challenging to predict their conversion rate for the coming days.

## The cost of 0.1 Litecoin to PKR

If you need to buy Litecoin through Polker coin, you must know the conversion from LTC to PKR. As of now, the cost of 0.1 LTC in PKR is 476.146. In the previous week, this price varied between 380.525 and 476.146.
## The cost of 0.1 LTC to ETH

Here is the conversion if you want to study the worth of 0.1 Litecoin in ETH at the current rate. As of today, the exchange rate for 0.1 LTC to ETH is 0.00427.
Now that you know the cost of 0.1 Litecoin to USD, please don't buy or sell without conducting your research. This article contains no financial advice. Please refer to your financial advisor or carry out research before investing.


What is the cost of 0.1 Litecoin in USD?

Ready to diversify your portfolio? Then let's discover how to buy altcoins.

Cryptocurrencies offer plenty of ways to get involved in the market. At the time of writing, over 19,000 cryptocurrencies and dozens of blockchain platforms are traded on almost 600 exchanges worldwide. 

New cryptocurrencies are emerging daily and pushing inferior cryptos far from the top. Even though it may seem shaky, the market is still constantly growing. More and more entrepreneurs, investors, companies, and even governments are resorting to crypto as a way to fight against recession.
At the time of writing, [BTC](/coins/btc) held just a little over 46% of the total market cap of all cryptocurrencies. A few years ago, this number was almost 75%.
Bitcoin is hugely admired mostly by long-term holders. However, alternative coins or 'altcoins' are becoming more and more popular amongst short-term investors since their price is more prone to changes.

Altcoins come in various forms but finding the hidden treasure isn’t an easy task. 
The thing that makes certain altcoins more worthy – and attractive – is the possibilities they offer outside of BTC. 
Here are some popular altcoins by market cap.

Ethereum (ETH). First and foremost, ETH is a ledger technology on which users can build programs (DApps) and smart contracts. It has a more extensive supply and a quicker block processing speed.

Litecoin (LTC) - Known as Bitcoin's wingman, LTC shares similar features with the largest cryptocurrency but operates on a different algorithm.
Cardano (ADA). Third-generation, decentralised proof-of-stake (PoS) blockchain platform made to be a more efficient alternative to proof-of-work (PoW) networks such as Ethereum
[Polkadot (DOT)](https://polkadot.network/). DOT envisages aiding developers to construct their own blockchains and integrate them with each other 

## How to Buy Altcoins: Step-by-Step

To buy altcoins there are a few steps that need to be taken. There are many platforms on which you can buy altcoins. The process for buying may slightly differ, but the steps are mostly similar.
While we’d recommend beginners to use exchanges to protect from fraud, advanced traders can purchase altcoins over-the-counter directly from owners.

## Let’s get into the seven main steps of getting you altcoins

Step 1: Decide on the percentage of your crypto portfolio allocation
Even though altcoins are risky, that doesn’t mean they aren’t worth investing in. Therefore, separating your portfolio into different risk layers is good, especially if you plan to play with not-so-famous coins.

Step 2: DYOR to find the best altcoin for your needs
There are many factors to consider when buying an altcoin, such as wanting a brand name, wanting a native cryptocurrency or crypto that exists on a platform. It is also good to check if there is an official website and active subreddit of the specific altcoin you want to buy, what's the volume, is it supported by a wallet, and, of course, can it bring an actual profit.

Step 3: Exchange fiat to crypto
Most exchanges don't support USD purchases, so it's essential to buy supported cryptocurrencies in order to exchange them for the desired altcoin. Some exchanges support depositing assets via credit cards, purchasing stablecoins, and then trading that for the altcoin.

Step 4: Choose an exchange
Finding more crypto exchanges that offer wanted trading pairs is of utmost importance.  
Some important points to consider when selecting an exchange are their reputation, fee level, and are there any reports on previous hacking or bugs.

Step 5: Finding you a currency pair
Connect your Web 3.0 wallet storing the altcoins to the exchange. Watch closely for the trends of the currency pair and its performance for some time (one to three months is optional) before executing the trade. That’s how you will make sure you make the trade at the best moment. 

Step 6: Execute the transaction
When you are ready to execute, go to the chosen exchange and place your order. If you are placing the order for the first time, take some time to learn more about how placing orders work for the desired altcoin.

Step 7: Put purchased altcoins into a wallet
If you are buying to hold for the longer term, place your altcoins into the wallet. Remember, if there is only a tiny amount of altcoins, putting them into your wallet could lead you to lose since gas fees are usually high for the repeated transfer.


How to Buy Altcoins

It seems that the battle between some similar cryptocurrencies, such as [Dash](https://coinmarketcap.com/currencies/dash/) or [Litecoin](/coins/ltc), is always on. Both are different cryptocurrencies, but with recognisable characteristics.
While Dash focuses mainly on privacy-based transactions and enabling instant payouts globally, Litecoin (LTC) targets not only transaction speeds, but also a no-fee policy that lets people anywhere use the currency without any restrictions.

First and foremost, Dash is the first-ever privacy-focused cryptocurrency. It became popular as a means of payment for legal and illicit activities since it had the possibility for payments to be transacted entirely anonymously.

Created by Charlie Lee in 2011, LTC gained traction as a cryptocurrency that could be transacted quickly and cheaply. It was also known as one of only a few cryptocurrencies that could be mined without using expensive hardware or graphic cards.
Since every cryptocurrency has its own advantages and disadvantages, let’s name a few.

Dash crypto developed a unique reward system that incentivises Masternodes and stands for the whole ecosystem.
With it, users can send money across the globe for minimal fees while, at the same time, enjoying the highest possible security through a so-called “PrivateSend” feature.

However, there are some rumors within its community regarding its dispersion. Because approximately two million coins were distributed between developers, community members question its decentralisation.

On the other hand, Litecoin is a peer-to-peer network that removes all the need for intermediaries such as central banks. The nodes are globally spread, so the price cannot be impacted by anyone responsible for the individual node.
The LTC network is also very scalable and can process 56 transactions per second. The transactions are fast, so the hacking attempts are pretty much impossible. 

Still, there are particular worries regarding its credibility. While Charlie Lee stands for a respected persona within the industry, his popularity deteriorated after withdrawing from the payment processing platform Litepay.

## Dash or Litecoin: Which is a Better Investment?

Some argue that what puts Dash in the lead of numerous altcoins is its extreme transaction speed enabled via InstantSend, with which you can send payments for confirmation in under a second. Compared with the scaling issues that have troubled LTC and other cryptos, that makes Dash a little bit more interesting to traders.

However, we must agree that both coins have a long-term and HODL prospect. As always, it is essential to DYOR and choose accordingly.
The question between these two has been discussed for a long time now. There are some fundamental differences between the two cryptocurrencies we mentioned earlier, and one should be aware of them if planning to invest. 

The price of both tokens is somewhat similar. At the time of writing, Dash stood at $42.42 while LTC was $45.32.


Dash or Litecoin? Crypto Comparison


Ever found yourself search 'Litecoin price GBP' to try and find out which way this altcoin is heading?

[Litecoin](https://litecoin.com/en/) may not be one of the biggest or most lucrative cryptocurrencies - yet. However, there exists a whole community that considers it a potentially exciting investment opportunity.
When looking at Litecoin’s long-term prospects stretching to 2025, all chances are that the altcoin will probably hit its records. Seeing how Bitcoin almost always dictates the course of action for other altcoins, it is possible to estimate Litecoin price for the next three years based on Bitcoin price projections.



## Litecoin History



[Litecoin](/coins/ltc) entered the world of cryptocurrency as digital assets began winning the affection of speculators and investors throughout the globe. There was a time, however, when LTC/USD was rated within the top 5 of cryptocurrency market capitalisations as its advocates kept stressing its benefits compared to the ones of Bitcoin.

This formed a support bloc as people started questioning the Litecoin price several years in the future.

Created in 2011, Litecoin started trading along with the rise of market interest in 2017, just like its major competitors.

Same as Bitcoin, Ether, and Ripple, Litecoin price GBP went from £2.45 as an anonymous project to a cryptocurrency that reached a record price of £327 in December the same year it started trading.

However, similar to other cryptocurrencies, Litecoin suffered more corrections in the price over the next few years.

At the time of writing in May 2022, Litecoin price (GBP) was hovering around £60 ($73) after witnessing steep losses within the global crypto sector.
 
Depending on various factors, the Litecoin (LTC) price prediction for 2025 will probably follow an overall movement of other cryptocurrencies, starting with Bitcoin. Nowadays, we're witnessing various geopolitical commotions, pandemic bursts, recessions, and general uncertainty with the ongoing world financial strategy.

Let’s not forget that while Litecoin was once one of the top-rated cryptocurrencies regarding market capitalisation, it is now ranked as only the 21st largest digital asset.

Some traders seem to be pretty apprehensive about the future of Litecoin, but it's essential to be aware that all the ups and downs are just a part of a Litecoin’s path.

Yet, if we look at the long-term charts, Litecoin did underperform the strongest cryptocurrencies. Other digital currencies have made it successfully to the top 10 thanks to strong marketing campaigns, celebrity endorsements, etc. Litecoin was pretty much left in the shade of 'younger' cryptocurrencies made to excite coming generations.

The Litecoin price prediction for this year doesn't look all fine and dandy; that's true. However, none of the other cryptocurrencies will likely move in a better manner. They will all probably go in conjunction with the broader market.

But, let's start with the prediction for 2025 and the reasonable belief that the cryptocurrency will continue to exist. Truth be told, there are minimal chances of Litecoin simply collapsing.
Still, if we take the underperformance of Litecoin for real, by just observing technical charts and evident sentiment predictions, traders could ask themselves whether Litecoin price could rise with the same velocity as its competitors?



## Positive Stance


Before talking about the possibilities for Litecoin values during the next few years, let's remind ourselves what brought it to its current level. A little while ago, it wasn't that hard to become popular in the world of crypto.
However, nowadays, we have new digital assets such as Dogecoin, Solana, Polkadot, and Cardano, which all serve various functional features. Litecoin, on the other hand, owns its success primarily to the fact that cryptocurrencies are pretty volatile and speculative. Basically, its value is defined by investors' betting on the Litecoin price or, more concretely, on the profits or losses that come as the outcome of its change.

Looking ahead to 2025 and 2030 for Litecoin continues to be a debatable endeavour, and trying to make estimates can seem futile.

However, looking at the overall cryptocurrency market and Litecoin's history, it isn't preposterous to suggest that 2025 values for Litecoin price (GBP) could hover between £245 ($300) and £408 ($500) per coin.



## Litecoin’s Potential Dangers


However, to stay realistic, we should consider the possibility of Litecoin price going south as well. Litecoin has already lost traction and fallen out of the top 20 regarding market cap. Governments worldwide keep scrutinising cryptocurrencies regarding their transparency and this doesn't seem to be helpful to Litecoin at all. Also, if 'younger' cryptocurrencies continue to shine through, presenting new technologies to new generations, Litecoin price could keep plunging.

"Innovation distinguishes between a leader and a follower," it was once said by Steve Jobs.

This can also be applied to Litecoin. If it doesn't come up with something new, it could face a downfall.

Let's go back to thinking positively. Litecoin has a fascinating history of tremendous players interfering in its path. During the last few years, whales have made pretty big transactions. Also, while Litecoin’s market cap has been going down, the no 21 cryptocurrency still has a market cap of nearly £3.9 ($4.76) billion at the time of writing, which is a nice piece of potential trading going on within the crypto space.

The truth is, Litecoin is sensitive to all the movements on the market. Remember, there is a difference between buying Litecoin (or any other crypto for that matter) to gain profit in the short or mid-term and buying it with the plan to HODL.

The timeframe is, therefore, a focal element of investing in Litecoin. If you want to stick to the short-term perspective, you should abide by all the rules and technical tactics according to daily changes in sentiment and the possibility of whales coming in.

If a trader decides to invest in Litecoin for a longer period, they can hold onto positions through 2025 and beyond, risking a limited amount of money to earn profit.


Expectations are that the Litecoin price (GBP) will be between £180 ($220) and £816 ($1,000) per coin in 2025.


Litecoin Price: GBP Prediction for 2025

What amount of energy does the Luna crypto consume during transactions? There are concerns about [Luna](https://coinmarketcap.com/currencies/terra-luna/) crypto's sustainability; how safe is the coin? A sustainable coin is friendly to its environment. Read on to know more about the Luna crypto. 

Terra Luna is one of the largest cryptocurrencies in the crypto market, meaning that many transactions are made on it. So the big question is, how environmentally friendly is the Luna crypto? Concerns about the sustainability of this cryptocurrency are gradually coming up. A coin this large should be a sustainable coin or at least work towards achieving it. 

To understand this article fully, you need to know what sustainability in cryptocurrency means. So here’s a brief definition of what a sustainable cryptocurrency means. 

## Understanding what sustainable coin means

Sustainability in cryptocurrency refers to a sustainable coin with less carbon footprint and low energy-consuming transactions. 
The carbon footprint has a terrible impact on the environment. Some of these effects are its negative contributions to urban air pollution, climate change caused by humans, acid rain, and more. This is really bad, right?

I have a friend who believes that everything in life has two sides: the good and the bad. It looks like his theory applies to cryptocurrencies. Cryptocurrency has made many people millionaires, but it has also harmed the environment greatly. But in the case of sustainability, not all coins are bad; some of the coins are sustainable, meaning they are less harmful to their environment. So is Luna crypto one of the good coins?

## What is Luna?

Luna is a native token of the Terra network. It was created with a stable coin known as UST, the most popular stable coin currently. 
Terra Money white paper (Terra Money): Stability and Adoption was published in April 2019, and it posits that:
While many see the benefits of a price-stable cryptocurrency that combines the best of both fiat and Bitcoin, few have a clear plan to adopt such a currency.

“Since the value of a currency as a medium of exchange is mainly driven by its network effects, a successful new digital currency needs to maximise adoption in order to become useful. We propose a cryptocurrency, Terra, which is both price-stable and growth-driven.”
According to Terra’s white paper, the reason for creating Luna was to carry out what Bitcoin was initially going for, a peer-to-peer electronic cash system. 

## Understanding Luna

Terra Luna has really gone a long way, considering where it started from, hence my reason for initially calling it one of the largest cryptocurrencies in the crypto market. The Luna crypto was initially known for ensuring that stablecoins remain stable. However, it is now part of the most potential coins in the crypto space while still helping to maintain the stablecoins.

2021 was a stepping stone for Terra Luna. It started the year with less than a dollar price and ended it with about $89. On March 9, 2022, Luna reached an all-time high of $104.58. 

The more popular a coin gets, the more people want to know about them. The awareness for crypto sustainability became stronger when Elon Musk announced, in 2021, that due to Bitcoin’s detrimental environmental impact, making payments to Tesla with Bitcoin would be stopped. This led people to start questioning the sustainability of other notable coins, like the Luna crypto. 

Sustainability is a delicate matter and one that comes to light at every slight opportunity, considering how important it is to the world at large.
Is the Luna crypto Eco-friendly?

On the Terra network, validators verify transactions based on the number of coins they hold, meaning that the network uses a proof of stake model. The use of this model consumes less energy than other models, and this makes the Luna crypto eco-friendly.
The Proof of Work (PoW) model is more energy-consuming than the Proof of Stake (POS) model. The PoW model can only be run on high-tech computers that can solve complex algorithms to convert the bundle into a block and add it to the blockchain. This requires a lot of energy. 

Notable organisations are now rejecting non-eco-friendly cryptocurrencies, and Luna remains relevant due to its safe nature. 
The most non-eco-friendly cryptocurrencies are those that require mining. Mining requires a lot of energy which leads to a high level of carbon footprint. Examples of mined cryptocurrencies are Bitcoin and [Litecoin](/coins/ltc). Terra Luna is not a mine, meaning there is no use for the PoW model as it consumes so much energy. 

## Does Terra Luna make any impact in society?

Cryptocurrency is a free space without regulation. No higher powers are guiding the different crypto companies, and neither is the government involved. Some cryptocurrency companies take advantage of the lack of regulation and act as they please, mostly unethical, while some believe in morals and high positive standards. The Luna crypto team is part of those with good moral standards. 

Terra Luna gives back to back to society. Firstly the fact that they use PoS rather than PoW. PoS does not just use less energy during the transaction. This helps conserve energy and save a lot of money and time for the investors. Operating a high-level tech computer requires a significant amount, but the case is entirely different with Terra Luna.

## What Makes Terra stand out?

Terra is an independent PoS model blockchain, unlike some blockchain networks. Terra Luna is a Layer-1 blockchain, and it comes with lots of benefits.

Terra Luna offers a strong foundation for the growth of stable coins. It also serves as a secure and safe mode of structured payment or for creating a blockchain contract.

A Recap of What Makes Luna Crypto Sustainable
The Luna crypto is a sustainable coin, and it is surely friendly. Why do I say this?
1.	Energy Consumption: Terra Luna uses the power of the stacking POS model, meaning it consumes less energy. Carbon Footprint: Terra Luna crypto uses a few hundred machines to power the Terra network. Although it still produces a carbon footprint but not so much and not as much as most cryptocurrencies.
2.	Eco initiatives: Terra Luna has a foundation created to help impact positively in their environment. 
Generally, cryptocurrencies have impacted the world at large, some in a positive way and some others in a negative way. Acting right is an organisation without regulation that requires a high level of restraint and discipline, and the Luna crypto has both. 

## Is Luna Crypto More Sustainable than Bitcoin?

This question regarding the sustainability of the Luna crypto is asked a lot. Well, the fact is that the two cryptocurrencies cannot be compared to each other in this way, as Terra Luna is by far more of a sustainable coin than Bitcoin. 
Bitcoin has a large number of infrastructures and uses thousands of machines to run its network, meaning that the carbon footprint would be on the high side. 

Second, Bitcoin is created through mining, and the mining process for the coin requires supercomputers. Using supercomputers requires much power. High-level consumption of energy is bad for the environment. 
When it comes to eco-initiatives, the fact that Bitcoin gives back a lot to society cannot be disputed. However, so does Terra Luna.
Terra Luna conserves energy because it uses fewer machines to run its blockchain network, and the Luna crypto is not mined. It uses the power of stacking model PoS, which uses way lesser energy when compared to Bitcoin. 

Terra Luna crypto is more sustainable than Bitcoin, but that is not the case here. All cryptocurrencies should achieve sustainability to make our world livable for all of us. 

## What does the future hold for Terra Luna crypto?

Certainly, this will be the question on the minds of many, including me. A company as innovative as Terra probably already has laid down a plan for its future. 

The world is watching and taking the need for cryptocurrency sustainability pretty seriously. Notable organisations like Mozilla and Wikipedia have already stopped accepting payments with cryptocurrencies that are not sustainable, putting all cryptocurrency companies on their toes.
Hopefully, the Luna crypto will continue to be a sustainable coin and even improve more as an eco-friendly cryptocurrency. 
Green digital payments are very much possible for businesses; with time, they will be widely adopted with all cryptocurrencies, and our environments will become healthier for us.


cryptocurrency luna coin with image of modern office building in background

Is Luna Crypto a Sustainable Coin?

Moon Litecoin is one of the best faucets that allows anyone with an internet connection and a crypto wallet to earn free Litoshis daily. As of writing, [Litecoin](/coins/ltc) had a trading price of around $94.42.
Crypto faucets are websites or applications that reward users with a small number of digital assets for completing easy tasks.

According to analyst [Eric Nkando](https://www.fxleaders.com/forecasts/crypto/litecoin-price-forecast/) at FX Leaders, the growing adoption of cryptocurrencies could see LTC trade for the best possible price of $1,000 by the close of 2025.

This is a great reason to seek more Litecoins so that you can earn more passive income from cryptocurrency.
Now that you know Litecoin price predictions in the medium term, let us review Moon Litecoin so that you can start collecting Litoshis.

## What is Moon Litecoin? 

Moon Litecoin is a website that allows you to earn free Litoshis as a reward for completing tasks such as surveys, viewing ads, and solving captchas.

Litoshis are fractions of Litecoin. Mathematically, 1 LTC equals 100 million Litoshis.
Litecoin was based on Satoshi Nakamoto's Bitcoin. As a result, LTC can be divided into eight decimal points. This is the primary reason why 1 Litoshi equals 0.00000001 LTC.

The Moon Litecoin faucet platform is part of the Moon Series which also features Moon Cashcoin, Moon Dashcoin, Moon Dogecoin, and Moon Bitcoin.  

## When Was Moon Litecoin Started? 

There are whispers in the crypto community that the Moon Series was launched around 2014. On the part of Moon Litecoin, many believe that LTC was added to the Moon Series in 2015.

## Is Moon Litecoin the Best Faucet? 

While other faucets allow you to earn Litoshis every 60 minutes at worst and every 30 minutes at best, Moon Litecoin rewards you with 1,000 Litoshis every 5 minutes.
Aside from Moon Litecoin, other ways to earn LTCs include Faucetpay, Allcoins.Pw, Cointiply, FreeLitecoin, Litecoin-Faucet, InstantLTC, Coinpayu, Autofaucet Dutchycorp, FreeFaucet, and Firefaucet.

## How Do I Use Moon Litecoin Faucet? 

To begin your journey of earning free LTCs every five minutes from Moon Litecoin, you need to have a smart device such as a mobile phone, tablet, pad, or laptop.

In addition to this, you need a crypto wallet to which the Litoshis will be sent. Moon Litecoin can be integrated with the CoinPot wallet. You can download CoinPot from Google Play Store.
What’s more, you will need to access the Moon Litecoin website. Without having access to this platform, you cannot earn free Litoshis.

## How Does Moon Litecoin Work? 

As part of the Moon Series, Moon is primarily a crypto faucet.
It liaises with third parties to run several promotional events. When you interact with the ads on their platform, you are rewarded with a small percentage of what Moon is paid in the form of Litecoin. After that, your Litoshis are deposited into your integrated CoinPot wallet.

## How Do I Earn Litecoin? 

Create a wallet address on CoinPot by inputting an active email address. CoinPot will send you an email for confirmation.
Visit Moon Litecoin using the same email address you employed for CoinPot.

After you sign up for an account, a captcha will appear which you have to solve.
After confirming you are human and not a robot, you will be asked to solve problems. A great example is selecting images of Chimneys or bicycles.

Once done, solved ads will be shown on the webpage.
Once the captchas have been resolved, scroll down to see if Litoshis appear in your CoinPot wallet.
After 5 minutes, you can go over the process again.
 
## Is Moon Litecoin Good for Beginners?

Moon Litecoin is the one best online faucet and one of the best methods to earn free LTCs.
Once you set up a wallet address through CoinPot, you can start earning within minutes as soon as you integrate your wallet on the Moon Litecoins website.


Moon Litecoin Faucet: Earn Free LTC in 2022

Cryptocurrencies like [Bitcoin](/coins/btc), Litecoin and some others are generated through mining. Crypto Tab Browser was designed to make mining easier for miners. The digital world is greatly advancing, including the world of cryptocurrency. Hopefully, Crypto Tab will bring a lot of positive impact for crypto miners. Read on for more insights!

## Crypto Tab Browser

According to the creators, Crypto Tab Browser is an app that supports mining and browsing the web. This browser stands out as the first of its kind.

[Crypto Tab](https://cryptotab.net/en/) is a one-of-a-kind browser used to surf the web and mine Bitcoin simultaneously. If your mining is successful, you get rewarded with the mined Bitcoin. 

You are probably wondering how possible it is for a browser to have the capability of mining Bitcoin, considering the high level of hardware devices needed. 

The app is said to be a free, reliable cryptocurrency mining app, but is it?

## What is Mining?

To fully understand what Crypto Tab Browser is about, you must first understand what mining is and how it works.
The mining process creates new coins for some cryptocurrencies. This helps to maintain the circulation of the coins. 
Mining for most coins, especially Bitcoin, is usually not easy. Mining requires high hardware capable of solving complex problems. The miner who first solves the next block and broadcasts it, if approved, gets added to the blockchain. The miner then gets rewarded with the mined coins. 

Crypto Tab creates an easy opportunity for Bitcoin miners to earn Bitcoin. Miners will enjoy this browser, with its lightweight browsing speed and fast and ready-to-mine feature. The best part is that the browser is completely free.

## Features of the Crypto Tab Browser

Based on the description of the browser by its authors, the browser:

•	Is a super-fast, lightweight browser: This app offers a fast internet speed. Aside from having good mining features, Crypto Tab provides a good browsing experience.
•	It has built-in mining features CryptoTab: this is the unique feature of this app. Mining is a process that requires unique hardware devices, but with this app, you can mine with any device. 
•	It is user-friendly: Users can easily assess the browser
•	Sync everything across multiple devices: The app can be synced with all your devices. 

## What Can the Browser Do?

•	Crypto Tab Browser is a reliable browser with lots of unique features. 
•	Miners can earn on the browser while still surfing the internet. 
•	Mining on the browser is fast due to its fast built-in mining algorithms. 
•	It can be used on all devices, including desktops and tablets. 
•	It mines bitcoin: 

## Some controversies about Crypto Tab

Despite all these positive attributes of Crypto Tab, most people still have their doubts about the browser. 
Although Crypto Tab is a free browser, people still suspect it to be a scam. Whether the browser is a scam or not remains uncertain.


Crypto Tab Browser: What You Need to Know

Litecoin news has been relatively quiet in the first month of 2022. For price prediction, it couldn't be louder.

The coin has been slashing value with fervor over the last four weeks, eventually losing $40 from its 1 January price. But it appears that the coin has found its floor and is now ready to start climbing again. Litecoin price predictions are bullish as a result of a new upgrade.

This announcement is the culmination of a two-year-long effort by Litecoin developers. The team has been working hard to bring the MimbleWimble upgrade to the network, and it has finally happened. MimbleWimble is not a code name for the upgrade; it's the technology that's being used. MimbleWimble is the name of a blockchain protocol that focuses on security and has been used by various networks since its inception. To keep users' data private, the protocol employs its brand of cryptography known as Elliptic Curve Cryptography (ECC). Users can make their transactions untraceable by others by using this new protocol.
 
This Litecoin price prediction guide will aid investors in deciding if Litecoin is right for them, if it will rise in the long term, and provide a forecast about what Litecoin could be worth in 10 years.

## What is Litecoin?

[Litecoin (LTC)](/coins/ltc) is a decentralised peer-to-peer cryptocurrency created in 2011 by Charlie Lee, a former Google employee. The LTC network was created to address the network issues of its elder brother. These include scalability, transaction speed, and high commission fees for each financial transaction made on the blockchain.

Litecoin was one of the first cryptocurrencies people learned about when they first entered the market. The LTC network is a Bitcoin fork that uses the BTC protocol. They share features such as anonymity, decentralisation, the ability to be mined, and the consensus mechanism (Proof of Work).
 
## 2022 Litecoin Price Prediction

According to technical analysis of [Litecoin prices in 2022](https://coinmarketcap.com/currencies/litecoin/), the lowest cost of Litecoin will be $142.09. The maximum LTC price that can be reached is $170.62. The average trading price is anticipated to be around $147.58.

## LTC Price Prediction for May 2022

Crypto analysts examined Litecoin price fluctuations in 2022 and previous years, predicting that the average LTC rate in May will be around $121.19. It can fall as low as $116.79. The maximum possible value is $129.17.

## Litecoin Price Prediction for June 2022

The average LTC price in the middle of the year 2022 will be $126.03. Litecoin's value may also rise to $134.01 in June. It is expected that the price will not fall below $121.64 in June 2022.

## Litecoin Price Prediction for August 2022

Analysts predict that the LTC price will be around $133.71 by the end of summer 2022. In August, the price of Litecoin could fall to as low as $128.22. In August 2022, the expected peak value is $145.55.

## LTC Price Prediction for September 2022

According to cryptocurrency experts who have studied Litecoin prices, the LTC rate could reach a high of $152.23 in September 2022. It could, however, fall to $133.33. Litecoin is expected to average nearly $137.72 in September.

## Litecoin Price Prediction for October 2022

The price of Litecoin will be $141.85 on average in the middle of autumn 2022. Analysts predict that the LTC price will fluctuate between $136.36 and $157.74 in October 2022.

## LTC Price Prediction for November 2022

Experts predict that the value of Litecoin will not fall below $140.30 in November 2022. This month's maximum peak is expected to be $164.83. The average trading value is estimated to be $144.69.
 
## Litecoin Price Prediction for December 2022

Cryptocurrency experts have carefully examined the price range of LTC throughout 2022. Their forecast for December 2022 is as follows: the upper trading value of Litecoin could be around $170.62, with a chance of dropping to $142.09. The average price in December will be $147.58.

Using the work of some of the industry's best analysts and traders, LTC's long-term growth could reach a reasonable projection of $10,000. This would place it among the best performing assets of all time, second only to BTC.

There has been a struggle by Litecoin to reclaim its previous all-time high and, according to analysis, lower prices may be met before some of the most ambitious price predictions are reached. Analysts believe that $100 will be the absolute bottom for Litecoin in the coming days.
 
The future of Litecoin, like that of bitcoin, Ethereum, and other popular cryptocurrencies, will be exciting to watch. Market competition and the battle to break into the mainstream are significant obstacles. The success (or failure) of the LitePay system could significantly impact the growth of Litecoin.
 
Remember that cryptocurrencies are speculative and complicated, so thoroughly research all of the pros and cons of Litecoin before deciding whether or not to purchase.
 



Litecoin News: Does it Have a Future?

[Coinfloor](https://www.coinfloor.org/) Migrates Customer Base to [CoinCorner](https://www.coincorner.com/)

•	Coinfloor is one of the best Bitcoin exchanges.
•	Coinfloor is migrating its customers to cryptocurrency exchange CoinCorner.
•	CoinCorner has taken Coinfloor’s domain and user base.

Coinfloor took a backseat from providing cryptocurrency trading services after the exchange announced they are transitioning most of its services to the CoinCorner exchange. 
What happened? CoinCorner has announced that they have acquired the domains and customer base of the UK’s longest-running Bitcoin exchange, Coinfloor.

## What is Coinfloor?

Founded in 2013, Coinfloor is one of the pioneer exchanges in the space, in addition to Kraken and Huobi Global.

This acquisition sees residents of the United Kingdom who trade and invest in cryptocurrencies enjoy the services of the merger of two of the country's oldest Bitcoin exchanges.
With the acquisition in full force, CoinCorner has taken over all the customers on Coinfloor. In addition to this, Coinfloor exchange users that migrate to CoinCorner will be enjoying new features such as a Bitcoin payments solution, lightning integration, and Bitcoin cashback.

## Why does it matter? 

CoinCorner has been Carbon neutral since October 2021. Concerns exist about the high carbon emissions of Satoshi Nakamoto's innovative digital currency. So, creating such a sustainable solution for activities involving Bitcoin has been rated highly by experts.

The merger of Coinfloor and CoinCorner was based on shared goals by the two oldest Bitcoin exchanges.

Excerpts of comments made by the Chief Executive Officer of Coinfloor, Obi Nwosu, pointed to the sharing of the same principles and community goals.
CoinCorner and Coinfloor believe that there is still room for growth for the Bitcoin technology, and, with time, it will achieve mainstream adoption.
Aside from that, the merger aims to provide simple safe ways to buy Bitcoin for customers in the United Kingdom.

## How does this affect Coinfloor customers? 

CEO of Coinfloor Obi Nwosu becomes an advisor for CoinCorner. Coinfloor customers who are not happy with the migration can close their accounts and withdraw the remaining funds. Those who believe in the possibilities of CoinCorner can migrate their accounts to the exchange.

Although CoinCorner is acquiring the customers and online address of Coinfloor, the exchange will not be acquiring the assets of Coinfloor.
Several cryptocurrency exchanges have had a hard time with regulation by the Financial Conduct Authority (FCA).
Since cryptocurrencies are sometimes used in dark web activities, the FCA has closely monitored the situation.

The number of crypto users in the United Kingdom has risen significantly. This merger bodes well for customers since CoinCorner ticks all the boxes of regulations.  
In addition to the use of CoinCorner to buy Bitcoin, PayPal and PaySafe Group's e-wallets (Skrill Money Transfer and Neteller) have rolled out Bitcoin purchases for UK customers.
With that said, the UK's central bank does not see any intrinsic value in Bitcoin and digital currencies as a whole. As per the comments of Governor Andrew Bailey of the Bank of England, investors should be prepared to lose all their holdings.

Aside from Bitcoin, you can buy, sell, and store [Ethereum](/coins/eth) (ETH), and [Litecoin](/coins/ltc) (LTC) on CoinCorner.
 



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