{"date":"2021-08-06T00:00","headerImageUrl":"https://structuredproducts-ch-pub-uat.leonteq.com/product-news/product-homepage-banner/litecoin-leonteq-structured-products_product+website.jpg","subTitle":"30 crypto assets tradable via Leonteq","windowTitle":"Litecoin","category":"crypto-assets","title":"About Litecoin","body":"<p><strong>Litecoin is a cryptocurrency that was designed by Charlie Lee in 2011 to provide fast, secure and lowcost payments by leveraging the unique properties of blockchain technology. <\/strong><\/p>\n<p>Litecoin system is implemented almost identically to the Bitcoin system and shares many features and commonalities with Bitcoin. However, Litecoin differentiates itself from Bitcoin through: (1) cheaper transaction fees, (2) a block time of just 2.5 minutes (instead of 10 minutes for Bitcoin) \u2013 resulting in the ability to handle more transactions per second, (3) an increased maximum supply, and (4) a modified proof of-work algorithm with the aim to distribute mining activity more evenly.<\/p>\n<p>Litecoin positions itself as an attractive alternative to facilitate micro-transactions and point-of-sale payments. <\/p>\n<p>Litecoin is often referred to as \u201cdigital silver\u201d and in contrast to Bitcoin\u2019s status as \u201cdigital gold\u201d.<\/p>\n<h3>Investment solutions on Litecoin - tradable on SIX Swiss Exchange<\/h3>\n<div>  \n    \n    <SavedSearch :allProducts=\"false\" :filter=\"{&quot;partner&quot;:&quot;LEONTEQ&quot;,&quot;currencies&quot;:[],&quot;issuers&quot;:[],&quot;productCategories&quot;:[],&quot;productGroups&quot;:[],&quot;productTypes&quot;:[],&quot;maturityRangeKey&quot;:[],&quot;distanceToBarriers&quot;:[],&quot;barrierLevelRanges&quot;:[],&quot;strikeLevelRanges&quot;:[],&quot;underlyings&quot;:[],&quot;omni&quot;:&quot;\\&quot;48148805\\&quot; \\&quot;51359948\\&quot; \\&quot;48148806\\&quot;&quot;,&quot;conditions&quot;:{&quot;+snapshot.product.secondary_market:true&quot;:false,&quot;+snapshot.product.esg:true&quot;:false,&quot;&quot;:true,&quot;+snapshot.product.in_subscription:(\\&quot;LEONTEQ\\&quot;)&quot;:false,&quot;-_exists_:snapshot.product.in_subscription&quot;:false},&quot;underlyingSearchString&quot;:&quot;&quot;,&quot;marketVenues&quot;:[],&quot;assetClasses&quot;:[],&quot;barrierTypes&quot;:[],&quot;sortFields&quot;:[{&quot;fieldName&quot;:&quot;snapshot.product.investment.investment_currency&quot;,&quot;sortOrder&quot;:&quot;ASC&quot;}],&quot;displayColumns&quot;:[&quot;coupon&quot;,&quot;underlying&quot;,&quot;barrierPercentage&quot;,&quot;currency&quot;,&quot;lastTradingDate&quot;,&quot;bidAsk&quot;,&quot;subscriptionEndDate&quot;,&quot;valor&quot;,&quot;documentLinks&quot;]}\">\n                    <template v-slot:footer>\n          <ul>\n<li>Conversion Ratio: 0.1<\/li>    \n<li>Administration Fee: 1.50% p.a.<\/li>\n<li>Issuer: Leonteq Securities AG<\/li>\n<\/ul>\n        <\/template>\n          <\/SavedSearch>\n  <\/div>\n<div><ltq-button color=\"primary\" url=\"https://structuredproducts-ch.leonteq.com/news/investment-themes/crypto-expansion?language_id=1\" label=\"Click here to access the full product range on cryptocurrencies.\"> <\/ltq-button><\/div>\n<div>      <p>We look forward to answering all of your questions about our products and how they are traded. Please don't hesitate to get in touch! Phone: <a href=\"tel:+41588001111\">058 800 11 11<\/a>, email <a href=\"mailto:info@leonteq.com\">info@leonteq.com<\/a> or <a href=\"/contact\" title=\"Contact\">contact us here<\/a>.\n<\/p>\n  <\/div>\n<h5>Risk disclosure<\/h5>\n<p>Investments in products referencing one or more cryptocurrencies or indices of cryptocurrencies are subject to increased volatility compared to investments in traditional assets and to specific risks which can negatively impact the value, tradability,liquidity and/or security of such investments. Potential Investors are encouraged to inform themselves about these specific risks when considering an investment in products referencing one or more cryptocurrencies or indices of cryptocurrencies. A summary of key risks relating to products referencing one or more cryptocurrencies or indices of cryptocurrencies can be found <strong> <a href=\"https://structuredproducts-ch.leonteq.com/crypto-disclaimer\">here<\/a><\/strong>.<\/p>","url":"litecoin","investmentThemeVerticalImageUrl":"https://structuredproducts-ch-pub-uat.leonteq.com/product-news/sidenav-banner/litecoin-leonteq-structured-products_sidenav.jpg","thumbnailUrl":"https://structuredproducts-ch-pub-uat.leonteq.com/product-news/thumbnail/litecoin-leonteq-structured-products_thumbnail.jpg"}