Buy Litecoin with Skrill
Cryptocurrencies are unregulated in the UK. Capital Gains Tax or other taxes may apply. The value of investments is variable and can go down as well as up.
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Litecoin was created in 2011 by former Google employee Charlie Lee as a ‘lite’ version of Bitcoin, implementing several changes to the Bitcoin source code. These include the hashing algorithm, the block transaction times, and the overall amount of Litecoin that can be mined into existence. These changes were intended to allow for faster and cheaper transactions than Bitcoin.
Litecoin is considered one of the first major altcoins in the cryptocurrency space, and for a long time was considered the ‘Silver’ to Bitcoin’s ‘Gold’. This narrative has changed in recent years as Litecoin has started to implement changes that remove its similarity with Bitcoin.