This determines where the Universal Currency Converter should get its USD market information from. The utility automatically updates when there is a price change in litecoin convert to cash market.

This determines where the Universal Currency Converter should get its cryptocurrency market information from. This feature allows you to see the steps taken to arrive at the final answer. This feature can help you ensure that the calculation has been done accurately. The converted amount will appear instantly on the other side. Receive all Bitcoinist news in Telegram! Litecoin has dominated the cryptocurrency market this week.

The fifth largest cryptocurrency by market cap has surged upwards of 50 percent from Tuesday morning to the time of this writing, arguably bringing the rest of the market with it. Litecoin transactions into fiat currency — will launch on February 28th. They wouldn’t, so we took the challenge. Cryptocurrencies have largely been hindered by limited use cases and minimal acceptance. The ability to use VISA-powered Litecoin debit cards to conduct transactions could indeed be a game changer for the cryptocurrency space — and investors are likely buying into that speculation.

Not entirely dissimilar to Bitcoin Cash’s forking from Bitcoin, Litecoin Cash claims to be better than its predecessor — though there’s little evidence to support such a claim. The fork is scheduled to take place on Sunday and will award Litecoin holders free Litecoin Cash. For every one Litecoin, investors will receive 10 Litecoin Cash. PSA: The Litecoin team and I are not forking Litecoin. Any forks that you hear about is a scam trying to confuse you to think it’s related to Litecoin.

Don’t fall for it and definitely don’t enter your private keys or seed into their website or client. Lee isn’t the only one with a negative view on forks, which have become somewhat of a nuisance in cryptocurrency as of late. Many view Litecoin Cash as just another attempt to get rich quick by utilizing a well-known brand’s likeness to confuse inexperienced investors. Charlie Lee is absolutely right to be skeptical and to warn the community about potential scams ultimately, what’s good for miners is good for the network.

Regardless of one’s opinion of Litecoin Cash, speculation and the desire for free coins has undoubtedly helped drive the price of Litecoin even higher. Do you think Litecoin Cash is a scam? Let us know in the comments below! How You Can Beat Any Online Casino and Win! 50 Bitcoin Transactions Fees: Are They Long Gone? Zimbabwe now has a Bitcoin ATM that is providing people with another way to buy and sell Bitcoin and Litecoin.

The first of its kind in the southern African country, the 2-way ATM was deployed and activated in the first week of April 2018 and follows the nation’s growing interest in cryptocurrencies. The ATM was shipped into the country by the largest cryptocurrency exchange in Zimbabwe, Golix. Co has started treating his cryptocurrency purchases as cash advances back in January when, instead, they should have been regarded as buys. Are You Ready to Join Our Quest and Find Sunken Treasure?