| Litecoin | Bitcoin | |
|---|---|---|
Launched | 2011 | 2009 |
Mining algorithm | Scrypt | SHA-256 |
Maximum supply | 84 million | 21 million |
Typical block time | About 2.5 minutes | About 10 minutes |
Optional privacy feature | Yes (MWEB, since 2022) | No |
Like any digital asset, Litecoin's price is set by supply and demand on exchanges around the world. A few things tend to affect it:

Your own AUD account details, PayID and Osko support, and a dedicated Australian team.
Nexo Australia is registered with AUSTRAC and is a member of the Australian Financial Complaints Authority (AFCA).
Our smart order router pulls liquidity from multiple venues to fill your order at the true cost.
Wealth Club members with a balance above US$5,000 receive up to 0.7% crypto cashback on purchases.
Backed by US$7+ billion in assets under management and built to give you stability and confidence in every move you make.
A dedicated client care team is available 24/7, so expert, personal support is always one message away.
