The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Litecoin is a Bitcoin altcoin. Its full English name is Litecoin. Litecoin was created based on the PoW consensus mechanism. The token has been listed on Robinhood. As an altcoin of Bitcoin, Litecoin is the same as Bitcoin. It is a network virtual currency based on peer-to-peer technology. They are very similar in terms of principles. Their difference is that Litecoin passes Consumer-grade hardware can mine more efficiently and confirm transactions more quickly. If you want to invest in Litecoin but still don’t know how to buy Litecoin, then you might as well take a look at this novice tutorial on buying Litecoin written by the editor of the currency circle.

## How to buy Litecoin?

Today, the editor of the currency circle will take buying Litecoin as an example to introduce to investors how to buy Litecoin? See detailed tutorial below:

1\. Open the official website of OKX Exchange, click the [ ] button on the upper right side of the page to enter the registration page, and enter your email address on the homepage.

2\. Slide the slider to the right, complete the puzzle for verification, and then enter the verification code received by email. The verification code is valid for 10 minutes.

3. Then enter your mobile phone number and click "Verify Now"

4. Enter the six-digit verification code received on your mobile phone, which is also valid for 10 minutes.

5. Select your country/region of residence and check the Terms of Service, "Risk and Compliance Disclosure" and Privacy Policy and Statement

6. Create a password that must be 8-32 characters in length, 1 lowercase letter, 1 uppercase letter, 1 number, and 1 symbol, such as:! @ # $ % and other conditions

7. After registering an account, identity authentication is required before trading. Find "Asset Management" - "Identity Authentication" on the homepage and follow the prompts.

8. After the certification is completed, transactions can be carried out. Click "Buy Coins" - "C2C Buy Coins" on the homepage, select the appropriate merchant, and follow the prompts.

9. Once you have USDT, you can use USDT to purchase currencies. Click "Transaction" - "Coin" to enter the transaction page.

10. Search for Litecoin’s English abbreviation LTC in the search box on the left

11. Select the LTC/USDT trading pair and you can see the real-time market conditions of LTC/USDT.

12. Fill in the LTC purchase quantity and click Buy. If selling, fill in the LTC selling quantity and click Sell. Note: The minimum LTC transaction quantity is 0.01LTC

## What about Litecoin?

Litecoin is a peer-to-peer
Peer technology network currency, which is inspired by Bitcoin (BTC) and has the same technical implementation principle. What makes it different from Bitcoin is that it can be "mined" efficiently through consumer-grade hardware, providing faster transaction confirmation (2.5 minutes on average). The Litecoin network is expected to produce 84 million currency units.

With the popularity of Bitcoin, a large number of “copycat” Bitcoin electronic currencies have emerged around the world. As of now, there are at least 30 other electronic currencies around the world, such as Litecoin, Prime Coin, Biocoin, Ripple Coin, Lucky Coin, Mecard Coin, etc. The most famous of these altcoins is Litecoin, and there is even a saying in the industry called "Bit Gold, Lite Silver".

Charlie Lee, the creator of Litecoin, graduated from MIT and was a former employee of Google. He designed Litecoin in 2011.

Litecoin is inspired by Bitcoin and technically has the same implementation principles. The creation and transfer of Litecoin are based on an open source encryption protocol and are not managed by any central authority.

Charlie Lee liquidated Litecoin in December 2017 and was known as the "god operation" in the currency circle. He said on social media that he had sold and donated all his Litecoins, but the quantity and price of the sale were not announced.

In this regard, Charlie
Lee said he was sometimes accused of personal gain when talking about cryptocurrency prices on social media, so he believed holding Litecoin and publishing about it constituted a conflict of interest. However, many investors also questioned that Li Qiwei had lost confidence in Litecoin and wanted to withdraw from it.

At that time, Litecoin showed obvious upward momentum. After Charlie
Before Lee was liquidated, it reached a high price of $375, a 7,000% increase from the beginning of the year. Following its liquidation, both Litecoin and Bitcoin saw significant price pullbacks in 2018, with the cryptocurrency market in the doldrums.

After liquidating Litecoin, Charlie
Lee once said in an interview that he "regrets selling all Litecoin" because in the short term the selling price was lower than the highest level in history, but he still believed that this was the right decision in the long run and said he would fade out after Litecoin succeeds. .

The above content is the detailed explanation of the novice tutorial for buying Litecoin by the editor of the currency circle. I hope it can be helpful to investors. In fact, the purpose of Litecoin issuance is to improve Bitcoin. Compared with Bitcoin, the main feature of Litecoin is that it can provide faster transaction confirmation, and the amount of expected output of the Litecoin network is the amount of currency issued by the Bitcoin network. Four times as much, and finally Litecoin mining is easier. Compared with Bitcoin, Litecoin has a relatively obvious late-mover advantage. However, because Bitcoin is the first, it is still very difficult for Litecoin to surpass Bitcoin. However, Litecoin is an altcoin of Bitcoin. , its development has been very good.