XRP/LTC: what to know
The XRP/LTC rate shows how much LTC you get for 1 XRP. Right now, 1 XRP buys 0.0247 LTC at the mid-market rate. In the other direction, 1 LTC is worth 40.4367 XRP.
In the short term XRP is driven mainly by crypto-market sentiment and regulation, while LTC responds to crypto-market sentiment.
XRP is designed for fast, low-cost payments and cross-border settlement. Litecoin was created in 2011 as the “silver to Bitcoin’s gold”.
Over the past 12 months the XRP/LTC rate has ranged between 0.0216 and 0.0291 — a change of -2.73% 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.