What is Litecoin (LTC)?

Litecoin (LTC) is a cryptocurrency that has been developed to provide fast, secure, and low-cost payments by leveraging the unique properties of blockchain technology. The cryptocurrency was created based on the Bitcoin (BTC) protocol, but differs in the hashing algorithm used, the use of hard cap, the time of block transactions and some other factors.

What are the advantages of Litecoin (LTC)?
- The time to create a Litecoin block is only 2.5 minutes
- Extremely low transaction fees makes this cryptocurrency suitable for microtransactions and point-of-sale payments.
- The cryptocurrency was created based on the Bitcoin (BTC) protocol, but differs in the hashing algorithm used, the use of hard cap, the time of block transactions and some other factors that guarantee the security and protection of assets.

Application options:
Litecoin is used for transfers between users, online payments, and investments.

Instructions for exchanging Litecoin for rubles:
- Perova, what this will require is to go to the abcobmen website. Then specify in the left field in the column I give "Crypta"/Litecoin. In the right field, specify "Banks"/VISA/MC/MIR RUB. In the lower left field, specify the transaction amount in Litecoin or in the lower right field in rubles (there are no exchange limits). If you have a promo code, click the "Use" button and enter its details in the pop-up window.;
- The system will automatically calculate the exchange rate, and if you are satisfied, specify the details of the exchange.: "Mail"; "Card number"; "Recipient's full name (optional)"; SBP number linked to the card (optional); "Bank name";
- After the form is completed, you need to check the box "I agree to the terms and conditions of the service and the AML/KYC policy" and click "Start exchange";
- You will receive the payment details. Transfer the specified amount to LTC within 15 minutes and be sure to click the "I paid" button. If it is more convenient for you to make a transaction via smartphone, scan the QR code in the lower left corner.;
- After you make and confirm the payment, the service will process your request and send rubles to the details you specified in the application. You can view the history of your transactions in your personal account. Upon completion of the exchange, you can leave a review on the Abcobmen website and receive a discount coupon for the next transaction and participate in the bank's drawing contest in the amount of 5,000 rubles +30 rubles for each review.

Exchanges in other directions are conducted approximately according to the same scheme, the difference is only in the details.