LTC/ETH: what to know
The LTC/ETH rate shows how much ETH you get for 1 LTC. Right now, 1 LTC buys 0.0219 ETH at the mid-market rate. In the other direction, 1 ETH is worth 45.5965 LTC.
In the short term LTC is driven mainly by crypto-market sentiment, while ETH responds to network activity and crypto-market sentiment.
Litecoin was created in 2011 as the “silver to Bitcoin’s gold”. Ethereum popularised programmable “smart contracts”.
Over the past 12 months the LTC/ETH rate has ranged between 0.0197 and 0.0322 — a change of -16.88% 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.