Profitable Way to Convert Litecoin to Bitcoin
Every crypto trader is looking for the most profitable way to swap crypto assets. Fortunately, the LTC to BTC pair is listed on many crypto exchange platforms. But, not all of them offer a secure, fast, and profitable exchange process. So, if you want to avoid hidden fees, personal information leaks, or losing your funds, do research before choosing a crypto platform.
What Is Litecoin?
Litecoin was released in 2011 by a former Google employee Charlie Lee. He wanted to achieve secure, fast, and cheap transactions by leveraging blockchain features. Litecoin is the second most popular crypto after Bitcoin. LTC is also based on the Bitcoin protocol, but there are still some technical differences. An average block time of Litecoin is around 2.5 minutes, which, along with very low transaction fees, makes it perfect for payments and transactions.
LTC uses Proof-of-Work (PoW) consensus mechanism and strictly limits coin circulation to up to $84 million. Litecoin is among the 20 most popular cryptocurrencies with a market capitalization of around $3,6 billion.
LTC Price Prediction
Knowing when it is better to swap crypto is crucial for profitable trading. Let’s check the LTC price forecasts by industry experts:
According to the platform, the investors should not expect the Litecoin price to surpass $83.05 in 2022. At the same time, the forecast for 2023 shows the price increase up to $125 per coin. Selling LTC in 2025 will reward you with around $257 per coin.
Less optimistic forecasts give digitalcoinprice.com. The platform suggests a maximum $70 price per coin in 2022. A big rise will not take place in 2023 as well — no more than $79.50 but until the end of 2025, we can expect LTC to be trading at almost $100.
- Gov. capital
Around $61 will cost LTC by the end of this year and but $182 during 2023. A real high ROI is waiting in 2025 when Litecoin is forecasted to be worth around $500.
Bitcoin was launched in 2009 as the first blockchain-based asset. Satoshi Nakamoto is considered the founder of BTC, but his/her identity still remains unrevealed. It uses the PoW consensus mechanism and has been designed for making online transactions. It was the first coin that allowed sending assets between two parties without middlemen, such as banks.
Thanks to its pioneering nature, BTC continues to hold the lead in the crypto market. It has the biggest market capitalization of around $366 billion and more than 80 million investors.
BTC Price Forecast
Bitcoin experiences downtime in the middle of 2022, but price prediction companies forecast the optimistic scenarios for BTC.
The first platform on the list forecasts a BTC price increase to $38,200 by the end of the year. In 2023, we can expect the price to be around $54,570 per coin. The maximum Bitcoin price in 2025 can reach $124,500.
According to Digitalcoinprice.com, investors should be more patient. Bitcoin will not surpass the $26,650 level in 2022, but it will approach $30,000 by the end of 2023. The expected BTC price in 2025 will be near $39,560.
Gov.capital predicts the price of $28,650 in 2022. Also, it will rise up to $58,500 per coin in 2023 and to $132,500 in 2025.
Top Exchanges for LTC to BTC Pair
The final move is selecting the right crypto exchange platform for swapping LTC to BTC. Take a look at the best options:
Godex is a decentralized exchange platform that offers fixed rates. There are over 300 cryptocurrencies available. You can swap crypto without any limits and ID verification.
You can exchange, buy, trade, and store around 60 different cryptocurrencies. Stormgain is a decentralized exchange that does not charge any fees for trading. It also provides additional tools for skilled traders.
Another decentralized non-custodial exchange with no fees is LetsExchange. It is completely anonymous and offers over 700 cryptocurrencies to work with. Moreover, you can swap with no limits on LetsExchange.
The platform that operates as an aggregator for crypto-to-crypto exchange offers access to more than 300 cryptocurrencies. You can swap without registration here.
What’s the Bottom Line?
If you want to exchange LTC for BTC, the listed above services will help you out. Using them, you will maintain anonymity and enjoy fast, secure transactions with low to no fees. Many experts believe that Bitcoin will get back to its ATH and even more, so converting LTC to BTC seems to be a good deal.