BCH/LTC: what to know
The BCH/LTC rate shows how much LTC you get for 1 BCH. Right now, 1 BCH buys 4.0852 LTC at the mid-market rate. In the other direction, 1 LTC is worth 0.2448 BCH.
In the short term BCH is driven mainly by crypto-market sentiment, while LTC responds to crypto-market sentiment.
Bitcoin Cash split from Bitcoin in 2017 to enable cheaper, faster transactions. Litecoin was created in 2011 as the “silver to Bitcoin’s gold”.
Over the past 12 months the BCH/LTC rate has ranged between 4.2192 and 10.6822 — a change of -15.90% versus a year ago.
Because this pair involves a cryptocurrency, expect much higher volatility than typical fiat pairs. Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.