Litecoin is a decentralized digital currency designed for everyday payments, peer-to-peer transfers and cross-border transactions. Launched in October 2011, it is presented as a fast, low-cost and reliable alternative for moving money, with average transaction fees below one cent and near-instant settlement. The network operates around the clock and, according to the site, has processed more than 400 million transactions without interruption. Litecoin also offers optional confidential transactions, giving users added financial privacy.

The Litecoin Foundation is a registered 501(c)(3) nonprofit established in 2017 to support the currency’s growth and adoption. It works to advance Litecoin’s technology, ecosystem and capabilities, with support from developers, marketers, creatives, advisors and the wider community.

The site helps people learn how to buy, store and spend Litecoin, and provides guidance on wallets and secure storage. It also explains how businesses can use Litecoin to send and receive payments, pay employees and trade internationally. Visitors can explore learning resources, news, events and community projects, or support the Foundation through donations, volunteering and its newsletter.