Binance Coin (BNB) vs Litecoin (LTC) Comparison

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Company

User rating

4.8 / 5 6 user review 5 / 5 5 user review

Cryptogeek rating

4.6 / 5 3.4 / 5

Trust Score

How it works
4.8 / 5 3.98 / 5

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.

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)

613.7871 74.7132

All-time high (USD)

39.5700 375.2900

Price change (24h)

-1.94 -2.77

Volume (24h)

726016209.66482 48877619.77081

Hashrate

No data 165730

Max Supply

187536713.00000 84000000.00000

Total supply

No data No data

Circulating Supply

142064752.28821 75192908.23347

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 User rating 4.8 / 5 6 user review User rating 5 / 5 5 user review
Cryptogeek rating Cryptogeek rating 4.6 / 5 Cryptogeek rating 3.4 / 5
Trust Score How it works Trust Score 4.8 / 5 Trust Score 3.98 / 5
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.
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) 613.7871 Current price (USD) 74.7132
All-time high (USD) All-time high (USD) 39.5700 All-time high (USD) 375.2900
Price change (24h) Price change (24h) -1.94 Price change (24h) -2.77
Volume (24h) Volume (24h) 726016209.66482 Volume (24h) 48877619.77081
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 75192908.23347
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

Twitter

Binance coin @LitecoinProject
Website Website www.binance.com Website litecoin.org
Twitter 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 4.8 / 5 6 user review User rating 5 / 5 5 user review
Cryptogeek rating Cryptogeek rating 4.6 / 5 Cryptogeek rating 3.4 / 5
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?
Trust Score: 4.8 / 5 Write review
Trust Score: 3.98 / 5 Write review
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