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Litecoin is fast and cost efficient compared to BTC. I used to use LTC to send funds between exchanges before USDCoin was supported. I never trusted Tether.
by kloch 5y ago
Litecoin is fast and cost efficient compared to BTC. I used to use LTC to send funds between exchanges before USDCoin was supported. I never trusted Tether. There are other coins that are faster and more efficient but they don't have the universal support and large market cap like LTC.
- chc4 5y agoLots of altcoins are fast and cost efficient. The reason they are, though, is because no one uses them, so none of the blocks are full and thus there's no competition to make your transaction in via fees/tips. It's the same way that tons of altcoins claim they scale 10x better than Ethereum because they only have 1/100th the volume.