Convert and Swap Litecoin LTC to Real BRL
LTC/BRL: 1 Litecoin equals R$616.96 BRL
Last update: 5:41 PM, December 22, 2024
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Litecoin is falling this week.
The current price of Litecoin is R$616.96 per LTC. With a circulating supply of 75,334,993.304 LTC, it means that Litecoin has a total market cap of R$46,567,385,915.38. The amount of Litecoin traded has fallen by R$889,072,615.91 in the last 24 hours, which is a 20.32% decrease. Additionally, in the last day, R$4,374,751,361.93 worth of LTC has been traded.
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About Litecoin
Litecoin is a cryptocurrency that uses a faster payment confirmation schedule and a different cryptographic algorithm than Bitcoin.
Litecoin (LTC) is a peer-to-peer cryptocurrency that aims to provide fast, secure, and low-cost payments by leveraging the unique properties of blockchain technology. It was created based on the Bitcoin protocol, but it differs in terms of the hashing algorithm used, hard cap, block transaction times, and a few other factors. Litecoin has a block time of just 2.5 minutes and extremely low transaction fees, making it suitable for micro-transactions and point-of-sale payments. It was designed to be a "lite version of Bitcoin," featuring many of the same properties as Bitcoin, but lighter in weight.
Litecoin operates on a blockchain-based system, secured by incredibly strong cryptographic defenses, making it practically impossible to crack. Like Bitcoin and several other cryptocurrencies, Litecoin uses the Proof of Work consensus algorithm to ensure transactions are confirmed quickly and without errors. The combined strength of the Litecoin mining network prevents double-spends and a range of other attacks, while ensuring the network has 100% uptime. As of January 2021, 66.245 million LTC have already been mined out of a total maximum supply of 84 million.
Litecoin aims to be a practical alternative to traditional currencies, offering fast and cost-effective transactions. Its main benefit comes from its speed and cost-effectiveness. Litecoin transactions are typically confirmed in just minutes, and transaction fees are nearly negligible. This makes it an attractive alternative to Bitcoin in developing countries, where transaction fees may be the deciding factor on which cryptocurrency to support. As of January 2021, Litecoin is one of the most widely accepted cryptocurrencies, with more than 2,000 merchants and stores now accepting LTC across the globe.
Litecoin was released via an open-source client on GitHub on Oct. 7, 2011, and the Litecoin Network went live five days later on Oct. 13, 2011. Since then, it has grown in both usage and acceptance among merchants and has counted among the top ten cryptocurrencies by market capitalization for most of its existence. The cryptocurrency was created by Charlie Lee, a former Google employee, who intended Litecoin to be a "lite version of Bitcoin." Today, Charlie Lee is an outspoken advocate of cryptocurrencies and is the managing director of the Litecoin Foundation, a non-profit organization that works alongside the Litecoin Core Development team to help advance Litecoin.
How Litecoin and Real differ
Litecoin (LTC) and the Brazilian Real (BRL) are two distinct forms of currency, each with their unique characteristics. Litecoin, a peer-to-peer cryptocurrency, operates on a blockchain-based system, striving to provide fast, secure, and low-cost payments. It uses a Proof of Work consensus algorithm to confirm transactions quickly and error-free, with a block time of just 2.5 minutes and minimal transaction fees. This makes it suitable for micro-transactions and point-of-sale payments. On the other hand, the Brazilian Real is a traditional fiat currency, regulated by the Central Bank of Brazil, and its value is determined by market forces of supply and demand in the international foreign exchange markets. Unlike Litecoin, which has a maximum supply of 84 million, the supply of Brazilian Real is not capped and can be increased or decreased by the central bank to manage inflation or stimulate economic growth. Furthermore, while Litecoin transactions are confirmed in minutes, transactions with the Brazilian Real can take longer, depending on the method of transfer and the institutions involved. Lastly, Litecoin is accepted by over 2,000 merchants globally, whereas the Brazilian Real is primarily used within Brazil.
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The exchange rate of Litecoin is increasing.
The current value of 1 LTC is R$616.96 BRL. In other words, to buy 5 Litecoin, it would cost you R$3,084.82 BRL. Inversely, R$1.00 BRL would allow you to trade for 0.0016 LTC while R$50.00 BRL would convert to 0.0810 LTC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 14.83%. Meanwhile, in the last 24 hours, the rate has changed by 1.42%, and that the the highest exchange rate of 1 LTC to Real was R$631.98 BRL and the lowest 24 hour value was 1 LTC for R$588.13 BRL. This time last month, the value of 1 LTC was R$526.40 BRL, which is a 11.17% decrease from where it is now. Looking back a year, Litecoin has changed by R$357.91 BRL.
LTC to BRL performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
R$609.33 BRL | 1.42% | R$719.35 BRL | -14.83% | R$526.40 BRL | 11.17% | R$357.91 BRL | 37.85% |
LTC to BRL
Amount | Today at 5:41 pm |
|---|---|
0.5 LTC | R$308.48 |
1 LTC | R$616.96 |
5 LTC | R$3,084.82 |
10 LTC | R$6,169.65 |
50 LTC | R$30,848.25 |
100 LTC | R$61,696.49 |
500 LTC | R$308,482.46 |
1,000 LTC | R$616,964.92 |
BRL to LTC
Amount | Today at 5:41 pm |
|---|---|
0.5 BRL | 0.000810 LTC |
1 BRL | 0.0016 LTC |
5 BRL | 0.0081 LTC |
10 BRL | 0.0162 LTC |
50 BRL | 0.0810 LTC |
100 BRL | 0.16 LTC |
500 BRL | 0.81 LTC |
1,000 BRL | 1.62 LTC |
Today vs. 24 hours ago
Amount | Today at 5:41 pm | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 LTC | R$308.48 | R$304.00 | +1.47% |
1 LTC | R$616.96 | R$608.01 | +1.47% |
5 LTC | R$3,084.82 | R$3,040.04 | +1.47% |
10 LTC | R$6,169.65 | R$6,080.08 | +1.47% |
50 LTC | R$30,848.25 | R$30,400.38 | +1.47% |
100 LTC | R$61,696.49 | R$60,800.76 | +1.47% |
500 LTC | R$308,482.46 | R$304,003.78 | +1.47% |
1,000 LTC | R$616,964.92 | R$608,007.56 | +1.47% |
Today vs. 1 month ago
Amount | Today at 5:41 pm | 1 months ago | 1M Change |
|---|---|---|---|
0.5 LTC | R$308.48 | R$274.67 | +12.31% |
1 LTC | R$616.96 | R$549.34 | +12.31% |
5 LTC | R$3,084.82 | R$2,746.72 | +12.31% |
10 LTC | R$6,169.65 | R$5,493.44 | +12.31% |
50 LTC | R$30,848.25 | R$27,467.22 | +12.31% |
100 LTC | R$61,696.49 | R$54,934.44 | +12.31% |
500 LTC | R$308,482.46 | R$274,672.21 | +12.31% |
1,000 LTC | R$616,964.92 | R$549,344.42 | +12.31% |
Today vs. 1 year ago
Amount | Today at 5:41 pm | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 LTC | R$308.48 | R$223.63 | +37.94% |
1 LTC | R$616.96 | R$447.26 | +37.94% |
5 LTC | R$3,084.82 | R$2,236.30 | +37.94% |
10 LTC | R$6,169.65 | R$4,472.61 | +37.94% |
50 LTC | R$30,848.25 | R$22,363.04 | +37.94% |
100 LTC | R$61,696.49 | R$44,726.09 | +37.94% |
500 LTC | R$308,482.46 | R$223,630.43 | +37.94% |
1,000 LTC | R$616,964.92 | R$447,260.85 | +37.94% |
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