Binance Coin (BNB) vs Litecoin (LTC) Comparison
On this page, you can compare Binance Coin (BNB) with Litecoin (LTC). Which coin is better to buy now? What will be the better investment?
You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.
| Company |
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User rating
| 6 user reviews | 5 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
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Binance Coin is a digital asset issued in 2017 by Binance, which is one of the largest cryptocurrency exchanges. Binance Coin (BNB) is an ERC20 token based on the Ethereum blockchain. The asset is available on most of the big centralized exchanges.
Binance Coin gets strong support both on Binance and Binance DEX. Binance users get discounts for trades with pairs that include BNB, while on Binance DEX most of the trading pairs include BNB. Due to the strong popularity of the brand, the native Binance asset has quickly became a major success and one of the top 10 cryptocurrencies by market capitalization. It survived harsh 2018 without any notable troubles.
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Litecoin was created in 2011 by a Google employee Charlie Lee. Currently, this cryptocurrency is one of the largest by market capitalization. Litecoin was created as one of the first forks of the Bitcoin blockchain. Also, it is safe to say that Litecoin is one of the first altcoins. While Bitcoin is based on SHA-256 algorithm, Litecoin utilizes a lighter scrypt algorithm.
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Type
| coin | coin |
Founding Date
| 2017 | 2011 |
Country
| International | International |
Languages
| No data | No data |
Team
| Public | Public |
Protocol
| Public blockchain | Public blockchain |
Current price (USD)
| 608.0807 | 84.3354 |
All-time high (USD)
| 39.5700 | 375.2900 |
Price change (24h)
| -1.10 | -1.55 |
Volume (24h)
| 289908247.23954 | 34171300.12742 |
Hashrate
| No data | 165730 |
Max Supply
| 187536713.00000 | 84000000.00000 |
Total supply
| No data | No data |
Circulating Supply
| 142064752.28821 | 75218939.48347 |
Transaction speed / Block time
| 20 | 56 |
Transaction fee
| No data | No data |
Mining profitability
| No data | No data |
Algorithm
| No data | Scrypt |
Proof type
| No data | PoW |
Fully premined
| No data | No data |
Smart contract address
| No data | No data |
Total coins mined
| 155536713.00000 | 65464957.99676 |
Is trading
| yes | yes |
Block reward
| 0.000000000000 | 12.500000000000 |
Block time
| No data | 150 |
| Company | ||
|---|---|---|
| User rating | 6 user reviews | 5 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
| About |
Binance Coin is a digital asset issued in 2017 by Binance, which is one of the largest cryptocurrency exchanges. Binance Coin (BNB) is an ERC20 token based on the Ethereum blockchain. The asset is available on most of the big centralized exchanges.
Binance Coin gets strong support both on Binance and Binance DEX. Binance users get discounts for trades with pairs that include BNB, while on Binance DEX most of the trading pairs include BNB. Due to the strong popularity of the brand, the native Binance asset has quickly became a major success and one of the top 10 cryptocurrencies by market capitalization. It survived harsh 2018 without any notable troubles.
|
Litecoin was created in 2011 by a Google employee Charlie Lee. Currently, this cryptocurrency is one of the largest by market capitalization. Litecoin was created as one of the first forks of the Bitcoin blockchain. Also, it is safe to say that Litecoin is one of the first altcoins. While Bitcoin is based on SHA-256 algorithm, Litecoin utilizes a lighter scrypt algorithm.
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|---|---|---|
| Type | Type coin | Type coin |
| Founding Date | Founding Date 2017 | Founding Date 2011 |
| Country | Country International | Country International |
| Languages | Languages No data | Languages No data |
| Team | Team Public | Team Public |
| Protocol | Protocol Public blockchain | Protocol Public blockchain |
| Current price (USD) | Current price (USD) 608.0807 | Current price (USD) 84.3354 |
| All-time high (USD) | All-time high (USD) 39.5700 | All-time high (USD) 375.2900 |
| Price change (24h) | Price change (24h) -1.10 | Price change (24h) -1.55 |
| Volume (24h) | Volume (24h) 289908247.23954 | Volume (24h) 34171300.12742 |
| Hashrate | Hashrate No data | Hashrate 165730 |
| Max Supply | Max Supply 187536713.00000 | Max Supply 84000000.00000 |
| Total supply | Total supply No data | Total supply No data |
| Circulating Supply | Circulating Supply 142064752.28821 | Circulating Supply 75218939.48347 |
| Transaction speed / Block time | Transaction speed / Block time 20 | Transaction speed / Block time 56 |
| Transaction fee | Transaction fee No data | Transaction fee No data |
| Mining profitability | Mining profitability high | Mining profitability low |
| Algorithm | Algorithm No data | Algorithm Scrypt |
| Proof type | Proof type No data | Proof type PoW |
| Fully premined | Fully premined No data | Fully premined No data |
| Smart contract address | Smart contract address No data | Smart contract address No data |
| Total coins mined | Total coins mined 155536713.00000 | Total coins mined 65464957.99676 |
| Is trading | Is trading yes | Is trading yes |
| Block reward | Block reward 0.000000000000 | Block reward 12.500000000000 |
| Block time | Block time No data | Block time 150 |
Social
Website
| www.binance.com | litecoin.org |
| Binance coin | @LitecoinProject |
| Website | Website www.binance.com | Website litecoin.org |
|---|---|---|
| Twitter Binance coin | Twitter @LitecoinProject |
Advantages
| Uses a unique Burndown Policy Acts as a discount coupon Offers fast transactions and low fees | Open-source Network Decentralized Transactions Fees |
Disadvantages
| Is heavily centralized A major target for cyberattacks | Has some branding issues |
Rating
| User rating | User rating 6 user reviews | User rating 5 user reviews |
|---|---|---|
| Cryptogeek rating | Cryptogeek rating | Cryptogeek rating |
| Advantages | Advantages Uses a unique Burndown Policy Acts as a discount coupon Offers fast transactions and low fees | Advantages Open-source Network Decentralized Transactions Fees |
| Disadvantages | Disadvantages Is heavily centralized A major target for cyberattacks | Disadvantages Has some branding issues |
Binance Coin (BNB) user rating is 4.8, based on 6 user reviews. Litecoin (LTC) user rating is 5, based on 5 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.
| We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score? |
At the moment Binance Coin (BNB) price is 608.807. Its 24h volume is 289,908,247.23954. 24h price change is -1.1.
Binance Coin (BNB) max supply is 187,536,713.0. The circulating supply is 142,064,752.28821.
Binance Coin (BNB) transaction speed/block time is 20. Block reward is 0.0.
At the moment the number of coins mined is 155,536,713.0. Mining profitability is high.
Binance Coin (BNB) Cryptogeek user rating is 4.8, based on 6 user reviews.
Litecoin (LTC) price is 84.3354. Its 24h volume is 34,171,300.12742. 24h price change is -2.55.
Litecoin (LTC) max supply is 84,000,000.0. The circulating supply is 75,218,939.48347.
Litecoin (LTC) hash rate is 165730. Litecoin (LTC) transaction speed/block time is 56. Block reward is 13.5.
At the moment the number of coins mined is 65,464,958.99676. Mining profitability is low.
Litecoin (LTC) Cryptogeek user rating is 5, based on 5 user reviews.
When trading cryptocurrency, you should take into account the following rules:
Put emotions aside and do not try to run after prices - the time will come and your token will go up. In a bull market, each asset has its finest hour.
Transparency in the cryptocurrency market is a scarce commodity. Be on the lookout for everything you hear critically, and think about the possible reasons for the newsmaker before spreading the news.
Study the topic yourself, taking into account other people's opinions. Take the news critically. People name different reasons for the recent decline in the cryptocurrency market - these are :baseCompany futures, the Chinese New Year, the loss of interest in :baseCompany, and the downside game by large players ... However, it is possible that the whole thing is false news.
An important lesson: do not believe the news, study the topic yourself.
Diversification is one of the oldest and most important concepts for an investor. Here's how to do it.
- Low risk, high market capitalization: 40% of your portfolio. These are the safest and most stable investments, 10 leading tokens. Popular options: :baseCompany, :compareCompany, Neo, and so on. These tokens most likely have a great future, and in the event of market volatility, they will be least affected.
- An average risk, average market capitalization: 30% of the portfolio. These are promising and developing projects with great growth potential from the top 50. Popular options: VeChain (VEN), ICON (ICX), Omisego (OMG), and so on.
- High risk, low market capitalization: 30% of the portfolio. Here we are talking about active trading and highly profitable instruments, and constant attention is required. This category may include, for example, Red Pulse (RPX) and Internet Node Token (INT).
Lesson: never put all your eggs in one basket.
Lesson: while tokens are stored on the exchange, do not consider them as yours.
On this page, you can compare Binance Coin (BNB) with Litecoin (LTC). Which coin is better to buy now? What will be the better investment?
You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.
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