The world is now on the cusp of a new form of finance that will use a range of technologies to change how we use and manage one of our most fundamental tools, money.

Gone are the days when you had to queue at a bank or at an ATM on the street to withdraw cash, apply for a mortgage at a bank branch or shop at a department store. Now, for many of these financial transactions, you only need an Internet connection and have at least a little experience in using bank cards to carry out these transactions online. The future of money is broadcast through mobile phones and laptops.

Therefore, it is not surprising that more than 13 years ago, cryptocurrencies were created, which every year are becoming more and more popular alternatives for online payments. What are their advantages?

At its core, a cryptocurrency is a digital currency, which is an alternative form of payment created using encryption algorithms. The use of such technologies allows the crypto to function not only as a currency, but also as a virtual accounting system.

Cryptocurrency is liked by many people because of its ability to operate without a central bank and therefore concerns about secrecy and subterfuge. Crypto is also attractive in that it is not subject to inflation by central banks that want to print money.

To date, there are about ten thousand different cryptocurrencies and this number is constantly increasing. But not all of them manage to get the attention and trust of crypto investors. Society tends to trust proven and well-known things, so the most popular among crypto owners are only some coins, such as bitcoin, ethereum, litecoin, dogecoin, ripple, tether, ethereum classic. What is Litecoin and Bitcoin, how to buy, sell and exchange them from one coin to another, we will consider in this material.

Litecoin and Bitcoin

As the first cryptocurrency, bitcoin has become the most valuable and widely used among the thousands of cryptocurrencies that have been created since then. Its growth in value and popularity has been steady, if you do not take into account the ups and downs of this coin. Bitcoin creates, stores and transfers value using cryptographic encryption. One of the most important characteristics of this crypto coin is its decentralization and the impossibility of control by any organization, including banking institutions, as well as the state.

Following bitcoin, in 2011, the first altcoin was created (this is the name of any cryptocurrency that was released after bitcoin) called Litecoin. It is primarily designed to quickly transfer digital value from person to person. No third party, such as a bank, is involved.

Simply put, Bitcoin and Litecoin are used to make payments. Regardless of whether you are sending money to friends and relatives or buying a product or service, both of these coins act as a means of exchange.

How to exchange LTC for BTC in Europe?

It is quite easy to buy Litecoin cryptocurrency for bitcoin, you just have to find a reliable platform that exchanges cryptocurrencies. The Internet is full of profitable offers for buying and selling cryptocurrencies, but you should not trust the first service you come across, because the main purpose of finding such sites is related to finances. Therefore, when choosing a cryptocurrency exchange, pay attention to its age, rating, reputation, licenses, as well as reviews of real customers. On the European market, Buycoin.online, which began its work in 2019, can be called such a crypto exchanger.

To exchange ltc to btc using this exchanger, you need to follow a few simple steps:

Benefits of exchanging Litecoin to Bitcoin (or Bitcoin to Litecoin) using the Buycoin.online exchanger:

1. Buying and selling cryptocurrency is completely automatic.
2. More than 35 of the most popular cryptocurrencies are available for exchanges. In the event that any of the coins is not in the list of the site, contact the administration in order to order this cryptocurrency.
3. Favorable rates of world cryptocurrency exchanges.
4. Passive earnings on referrals and cashback from all exchanges, in more detail here. ltc_btc_list_2_4_link_here
5. Reliable protection of personal data of clients.
6. Multi-level protection of funds during transactions.
7. Legal work under the license of the 5th AML directive of the European Union

Not all the advantages of the Buycoin.online cryptocurrency exchanger were listed above by us. We advise you to personally conduct at least one exchange on the site and check all the possibilities of the service on your own experience.