LTC - Litecoin

What is Litecoin (LTC)?

“Litecoin is a powerful, political and economical tool which anyone, anywhere can use without permission to transact with anyone else in the world and partake in a genuinely global economy. The Litecoin blockchain is the largest global scrypt-based network, operating with 100% uptime since 2011 securing and tracasting billions of dollars of value.” - https://litecoin.org/

Litecoin is essentially a fork of Bitcoin. In technical details, it is very similar to Bitcoin but has a block confirmation time of 2.5 minutes vs Bitcoin's confirmation time of 10 minutes. Litecoin was an early altcoin, starting in October 2011. Litecoin, just like Bitcoin, is still sailing strong in the top 10 Cryptocurrencies list nearly 10 years after its birth. Litecoin was also the first one to adopt SegWit and the first transaction on the Lightning Network was done with Litecoin. 

How to Deposit LTC Into Your Coinmetro Account

For all information on how to deposit LTC into your Coinmetro account, please see the following help center article: How to Deposit LTC.

How to Withdraw LTC From Your Coinmetro Account

For all information on how to withdraw LTC from your Coinmetro account, please see the following help center article: How to Withdraw LTC.

Important Note - To request a withdrawal, your account profile needs to be verified as well as having the funds to cover your withdrawal. The first time a withdrawal is made to a destination, the destination needs to be confirmed via e-mail. If you have 2-Factor Authentication enabled for withdrawals, you will be asked to input the code for each withdrawal, approved or not. We suggest enabling 2-Factor Authentication to protect your account.

Withdrawals waiting for approval can be canceled and the withdrawal status can be found by selecting the Wallet on your Coinmetro Dashboard. Please note that already-approved withdrawals cannot be canceled. If there is no Cancel button visible, this unfortunately means the withdrawal can no longer be canceled, and you will find a transaction ID (TXID) instead. This is a link to the relevant transaction hash on a Blockchain Explorer website where the status can be checked further.