New deposit & withdrawal cryptocurrency added: Litecoin (LTC)

We’ve recently launched Litecoin (LTC) as one of the currencies available for deposits and withdrawals on our web and app platforms. Sign up for an account today to try out this new feature!

Limited-time offer: Withdraw and convert Litecoin (LTC) for free

To celebrate the launch, we have a limited-time offer for all of our users⁠—no fees will be charged for LTC withdrawals and conversions between 29 June and 5 July 2022.

As for LTC deposits, it’s free of charge all year long, just like any other cryptos on our platform. Please make sure your update your app to version 6.3.1 (Android) or 6.3.0 (iOS) to enjoy this new feature.

How to make a deposit in LTC?

1. Go to Home or Assets. Tap Deposit.

2. You will see a list of deposit currencies available. Choose LTC.

3. Copy the deposit address by tapping on the copy icon or by using the Copy address function.

4. Leave the BTCC app for now and go to the wallet/exchange where you would like to transfer your LTC from.

5. Complete the steps as required on the other platform. Paste your BTCC wallet address when you make the withdrawal.

6. Once you’ve completed the necessary steps on the other platform, go back to the BTCC app. You should be able to see your deposits in minutes.

[Image of LTC Deposit free withdrawal and conversion – using the one from web/app]

How to Convert LTC

1. Go to Home or Assets. Tap Convert.

2. Select LTC from a list of cryptocurrencies. You may convert it to USDT or convert USDT to LTC.

Select LTC.

3. Enter the amount you would like to convert.

4. Tap Get a quote to check the price. Confirm the conversion by tapping on the button.

5. Voilà! You’ve converted your crypto to your desired currency.

Trade LTC perpetual futures on BTCC

We offer LTC perpetual futures with leverage of 10x, 20x, 50x, or 100x on BTCC. If you’re bullish on the coin, tap Buy to open a long position; if you think LTC is going on a downtrend, tap Sell to open a short position.

You can also set your stop loss/take profit targets here to manage your risks.

A few things you may not know about Litecoin (LTC)

1. It’s as old as Bitcoin: Litecoin was launched in 2011 (the same year as Bitcoin) as the “lite version of Bitcoin” by Charlie Lee who is a former Google engineer.

2. It’s four times faster than Bitcoin: Litecoin can process transactions in as little as 2.5 minutes, whereas Bitcoin can take up to 10 minutes.

3. It’s highly scalable: Scalability refers to a cryptocurrency’s ability to handle more transactions. Litecoin is able to process 56 transactions per second, while Bitcoin can only process 7 and Ethereum only 15 in a minute!

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