LTC/BCH: what to know
The LTC/BCH rate shows how much BCH you get for 1 LTC. Right now, 1 LTC buys 0.2444 BCH at the mid-market rate. In the other direction, 1 BCH is worth 4.0910 LTC.
In the short term LTC is driven mainly by crypto-market sentiment, while BCH responds to crypto-market sentiment.
Litecoin was created in 2011 as the “silver to Bitcoin’s gold”. Bitcoin Cash split from Bitcoin in 2017 to enable cheaper, faster transactions.
Over the past 12 months the LTC/BCH rate has ranged between 0.0936 and 0.2370 — a change of +18.90% 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.