We're thrilled to announce the listing of Litecoin (LTC) on GateHub, with full support for deposits, withdrawals, and trading on the XRPL DEX starting June 2, 2021.
Key Features of LTC on GateHub
- Zero trading fees for the first month post-launch.
- Trade LTC against fiat (USD/EUR) and cryptocurrencies (XRP, BTC, ETH, BCH, etc.) on the XRPL DEX.
- Compatible with all XRPL IOU assets for seamless any-to-any exchanges.
Litecoin (LTC) Overview
Launched in 2011 by Charlie Lee, Litecoin is a proof-of-work cryptocurrency inspired by Bitcoin, featuring:
- Faster block time: 2.5 minutes (vs. Bitcoin’s 10 minutes).
- Higher max supply: 84 million LTC.
- Scrypt hashing algorithm (energy-efficient alternative to SHA-256).
Current LTC Metrics
| Metric | Value |
|----------------------|---------------------|
| Circulating Supply | 66,752,414 LTC |
| Max Supply | 84,000,000 LTC |
| All-Time High | $410.26 (May 2021) |
| All-Time Low | $1.15 (Jan 2015) |
Address Formats
- Legacy: Starts with "L" (pre-SegWit).
SegWit: Starts with "M" (post-upgrade).
- GateHub uses M-addresses for deposits but supports withdrawals to both L and M formats.
👉 Explore Litecoin trading on GateHub
How to Use LTC on GateHub
- Deposits: Generate a unique M-address in your GateHub wallet.
- Trading: Swap LTC for any supported asset via the XRPL DEX’s any-to-any exchange.
- Withdrawals: Send LTC to external wallets (L- or M-addresses).
FAQ
Q: What trading pairs are available for LTC?
A: LTC can be traded against USD, EUR, XRP, BTC, ETH, and other XRPL IOUs.
Q: Are there fees for LTC transactions?
A: No trading fees for the first month; standard network fees apply for withdrawals.
Q: Is SegWit supported for LTC on GateHub?
A: Yes—deposits use M-addresses, and withdrawals support both L and M formats.
👉 Start trading Litecoin today
GateHub integrates Litecoin to expand decentralized trading options on the XRPL, combining speed, low fees, and interoperability.
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