Like most cryptocurrencies, Litecoin can be exchanged for Bitcoin, Ethereum, USDT, or other currencies that are paired with Litecoin (LTC). These pairings can be found on diverse centralized and decentralized exchanges in the crypto verse. These exchanges, just as their name implies, support the exchange of LTC for another currency (or vice versa) as desired by the user. One such exchange where a user can swap, for example, LTC to BTC is Swapzone. It is an exchange aggregator that collects …
Category: Cryptocurrency
The advent of the technological age has introduced innovations that help improve people’s way of life. It also helped many industries to advance, one of which is the financial industry. More people now use e-wallets and online banking apps. Aside from this, a new currency has been created, the cryptocurrency or digital currency. Although cryptocurrency has been lauded for its anonymity and decentralized network, it is still considered taxable by the government as an individual’s “property” or capital asset. There …
Bitcoin, the world’s most well-known and popular cryptocurrency, was able to hit a new record of US$68,000 on November 10, 2021. Cryptocurrency investors were celebrating this massive victory, but the start of the New Year was a nightmare. Bitcoin decreased to $33,503. Experts predict that breaking its long-standing resistance will be easy for BTC if it adheres to certain standards. Since recent month’s update, the Bitcoin price continues to move up, and, with institutional investors taking part, Bitcoin has the …
Demand for white label solutions in the cryptocurrency domain is growing as they provide new means of launching a crypto exchange with a minimum investment while still maximizing their potential. Below we explore what you need to consider before starting a crypto exchange. Licensing First, differentiate between a white label software license and a business license. A business provides a complete enterprise package also, including the software package. On the other hand, white-label software is an unbranded technological package that …
Many finance enthusiasts hail blockchain technology as the next great digital revolution. Technically, they’re not entirely wrong. Blockchain technology heavily alters legacy systems, eliminates intermediaries, and promotes more transparent financial transactions. However, everyday people often fail to consider the advantages of blockchain. Moreover, it’s important to note that there will always be benefits and drawbacks to any technology, and blockchain is no exception. As such, when cryptocurrency investors don’t understand blockchain’s full potential, they tend to overlook the challenges it …