Charlie Lee's LTC is another of the big players in the world of cryptocurrency. Faster block times than BTC and speedy transactions saw it become the solver to Bitcoin's gold in a manner of speaking. To invest in Litecoin is to invest in the currency with quite possibly the largest list of businesses accepting it as payment for products and services.
That in itself is reason sufficient to be a must in your portfolio for the long term as it does not show signs of receding, even after Lee's controversial decision in 2017 to sell all of his holdings to avoid conflict of interest. His move didn't eliminate it from the top tier of crypto though, which makes it even more of a reason for you consider it as a viable option.How to buy?
If you want to buy Litecoin there is no shortage of avenues to do so. Featured in the vast majority of exchanges, it is among the most used for every coin's intended purpose as a means of transferring value.
Most fiat platforms have it as it has one of the largest numbers of businesses that accept it as a means of payment, so you will be sure to find it easy to acquire. This was not always the case but the explosion in adoption and usage in 2017 opened many doors for the larger players, and according to our analysis Litecoin is being definitely one of them.
As you would expect, storage is widely supported as well. All major hardware wallets can hold it, as well as desktop and mobile wallets. Paper wallets are also available, so all possible ways are at your disposal for you LTC holdings to be kept safe.