Where can I buy Litecoins in India?

First a fall you should know all about litecoin. WHAT IS LITECOIN Litecoin(LTC) is a peer-to-peer digital currency released under the MIT/X11 license. The Creation and exchange of coins is based on a decentralized open source cryptographic protocol that is not managed by any central authority. It is having almost zero payment cost of transaction for sending payment to anyone in the world. As compare to others Litecoin facilitate faster transaction confirmation times and improved storage efficiency. The Block chain of Litecoin is capable of handling higher volume of transactions due to more frequent block generation property. Because of the Frequent Block Generation Property the network supports more transactions without modification of network. The Origins Of Litecoin While the identity of the Bitcoin creator Satoshi Nakamoto is shrouded in mystery, Litecoin’s creator Charlie Lee is very active on social media and his blog. Charlie Lee is an ex-Google employee who had the vision to create a lighter version of Bitcoin. While Bitcoin was seen as “gold” and a store of value for long-term purposes, Litecoin was seen as the “silver” and a means of a transaction for cheaper and everyday purposes. So, on October 7 2011, litecoin was released via an open-source client on GitHub. The Litecoin Network went live on October 13 2011. It is basically a fork of the Bitcoin Core client. What Makes Litecoin Different? Three things make Litecoin different: Speed Number of Coins Market Cap Speed Litecoin is based on the same open source code behind bitcoin, with some notable differences. Created by engineer Charlie Lee to be the silver to bitcoin's gold, one of the main disparities between the two cryptocurrencies lies in their transaction speeds. Because it generates blocks about four times faster than bitcoin, litecoin can confirm the legitimacy of transactions a lot quicker as well as process a much higher number of them over the same time frame. For more information about how blocks are created and transactions are confirmed, be sure to read our primer on blockchain technology – which functions as the underpinning of litecoin and most other p2p virtual currencies. Number of Coins One of the reasons some cryptocurrencies hold intrinsic value is because of their limited supply. Once a certain number of bitcoin (btc) or litecoin (ltc) are created, that's it. There can be no more new coins at that point. While bitcoin has a limit of 21 million coins, litecoin will max out at the 84 million mark. Market Cap Although its market cap pales in comparison to bitcoin, litecoin still ranks among the top 5 cryptocurrencies at the time of publication. These rankings fluctuate based on price and number of coins in circulation. How to Buy Litecoin I personally prefer Buyucoin wallet to trade directly using INR. It had done a significant growth in the Bitcoin Exchange field in a very less time due to its good services and mode of payment. I know all these things very well because I am assosiated with it. I assure you that you will get a nice experience while dealing withBuyUcoin. Crypto Currencies Supported by BuyUCoin: · Bitcoin (BTC) · Litecoin (LTC) · Ethereum (ETH) · Bitcoin cash (BCC) · Ripple (XRP) · Antshare (NEO) · NEM · Quantum (QTUM) · Ethereum Classic (ETC) · Dash · Stratis (STRAT) · Monero (XMR) · STEEM · Zcash (ZEC) · GOLEM (GNT) · Augur (REP) · Factom (FCT) · Lisk (LSK). Litecoin Wallets Like bitcoin and many other cryptocurrencies, litecoin is typically stored in a digital wallet. There are different kinds of wallets including those that are software-based and reside on your computer or mobile device, as well as physical hardware wallets. Another secure yet admittedly outdated and somewhat complex method to store your litecoin is to create a paper wallet, which involves generating and printing out a private key on a computer not connected to the web as one of its steps. Each wallet has private keys required to receive and send coins to and from your litecoin address. Because these keys are stored offline in a hardware wallet, they are inherently more secure than wallets connected to the internet. These application-centric wallets exist in the form of desktop or mobile software, and are available for almost all popular operating systems and devices. In addition to third-party applications such as Electrum, laptop and desktop users also have the option to install Litecoin Core, which is the full-fledged client created and updated by the Litecoin Development team. Litecoin Core downloads the entire blockchain directly from the peer-to-peer network, avoiding any middleman involvement in the process. Litecoin Block Explorer As is the case with other public cryptocurrencies, all litecoin transactions within its blockchain are public and searchable. The easiest way to peruse these records or search for an individual block, transaction or even address balance is through a litecoin block explorer. There are many to select from, and a simple Google searchwill allow you to find one that suits your individual needs. Here you can buy the best cryptocurrency in India with INR Now we have 31 altcoins on our site India's first multi cryptocurrency Wallet and Exchange, Buy and sell cryptocurrency in India, Buy Bitcoin in India and you can buy or sell it instantly with INR in India easily. Signup: Buy, Sell, Store, Use Bitcoin, Ethereum, Litecoin and Bitcoin Cash in India