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Author Topic: Litecoin vs binance Coin  (Read 1407 times)
Tigerheart3026
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August 13, 2021, 06:37:28 PM
 #121

I think binance is far ahead compared to litecoin, therefore it will be very difficult for litecoin to compete with binance, but nothing is impossible in the crypto world, anything can happen, it's just that if litecoin is able to develop its utility like binance and beat binance, then it Of course it can happen
i am guessing eth ceo attention on other platform to develop so may be he has sold out everything of here. ltc investors how stay long and trust with this project after the ceo's activity.

so don't expect that upgrade from litecoin team. now you never consider their development with bnb progress.
to make utility without development?



  
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August 13, 2021, 07:26:16 PM
 #122

Litecoin overtaking Binance?
Although the phrase "everything is possible in cryptocurrency" I often read on this forum, but for the topic of your discussion, my answer is that Litecoin will not be able to overtake Binance.
Ethereum transactions can be overtaken by BNB, can Litecoin do that to Binance?
NO, in terms of transaction fees, Litecoin is still very cheap compared to ETH, but when compared to BNB, Litecoin still loses in this regard because BNB is still very cheap in terms of transaction fees and is now in the top three again in the cryptocurrency space followed by Cardano below, while Litecoin is still ranked 15th in the crypto space, how can it compete with coins that are already in the top three?

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August 14, 2021, 03:14:55 AM
 #123

Litecoin overtaking Binance?
Although the phrase "everything is possible in cryptocurrency" I often read on this forum, but for the topic of your discussion, my answer is that Litecoin will not be able to overtake Binance.
Ethereum transactions can be overtaken by BNB, can Litecoin do that to Binance?
NO, in terms of transaction fees, Litecoin is still very cheap compared to ETH, but when compared to BNB, Litecoin still loses in this regard because BNB is still very cheap in terms of transaction fees and is now in the top three again in the cryptocurrency space followed by Cardano below, while Litecoin is still ranked 15th in the crypto space, how can it compete with coins that are already in the top three?
I agree with you that Litecoin cannot compete with Binance.
Then what about all the possibilities that can happen in cryptocurrency?
Above I said Litecoin cannot overtake Binance. Binance's prowess is now able to overtake the number of Ethereum transactions.
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August 14, 2021, 04:05:43 AM
 #124

Litecoin overtaking Binance?
Although the phrase "everything is possible in cryptocurrency" I often read on this forum, but for the topic of your discussion, my answer is that Litecoin will not be able to overtake Binance.
Ethereum transactions can be overtaken by BNB, can Litecoin do that to Binance?
NO, in terms of transaction fees, Litecoin is still very cheap compared to ETH, but when compared to BNB, Litecoin still loses in this regard because BNB is still very cheap in terms of transaction fees and is now in the top three again in the cryptocurrency space followed by Cardano below, while Litecoin is still ranked 15th in the crypto space, how can it compete with coins that are already in the top three?
I agree with you that Litecoin cannot compete with Binance.
Then what about all the possibilities that can happen in cryptocurrency?
Above I said Litecoin cannot overtake Binance. Binance's prowess is now able to overtake the number of Ethereum transactions.
In my opinion LTC progress has been stuck since 2019 and i think BNB is very far better from LTC. As we know BNB is growth so fast in this past few years and what about LTC? I don't ever hear about the progress of this coin, so i just want to be realistic i think LTC has far behind BNB.

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August 14, 2021, 04:26:17 PM
 #125

Yes new projects mostly used BSC as their smart contract because it easy to make and the speed of the transaction is fast followed with small transaction fee make BSC really dominated new projects for right now. Some also used ERC-20 (ETH) but not as much as it was. Litecoin don't have this kind of big ecosystem like BSC that's why the growth is not too fast
Litecoin is a digital silver and it has big community. It is one of barely altcoins will survive with Bitcoin, Ethereum, Dogecoin and BNB. BNB is youngest but it is created by Binance.

Binance Smart Chain will help BNB has more investors and holders. BNB is better ling term but currently Litecoin is accumulated enough and I think its price is very to buy now. I call for X2 with Litecoin.

BNB will need more time to complete its accumulation.

R


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August 14, 2021, 05:00:30 PM
 #126

LTC although the supply in the market is around 66 million, but loses slightly compared to Binance, I think this is because BNB has its own stocking market and becomes the number three coin. I still believe LTC can exceed the price of BNB someday.

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August 14, 2021, 08:31:38 PM
 #127

Because the BNB currency is in a much better position than litecoin and has a much higher value, investment demand is increasing. Although litecoin is a fantastic cryptocurrency, it is far less expensive than BNB binance, which has its own currency and makes transactions much easier. No one could have predicted that the BNB currency would rise so dramatically in comparison to previous years, and that the price of this currency would continue to rise.
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August 14, 2021, 08:52:17 PM
 #128

Litecoin and binance coin cannot be compared. LTC is the coin that used to be considered a Bitcoin baby and has consistently lagged behind BTC in terms of price. The fees lower and the shipping faster... but that's it. BNB is a whole different ballgame. Belongs to one of the strongest exchanges in the world and with Bnb you have advantages on binance. Keyword Lunchpad and strong Staking. And Bnb has the chance to become much bigger and by that I mean rates +1,000$. And the BNB Chain on which very many Coins release. Many of them are trash, but even that makes Bnb bigger, if you overlook the scams on the chain.

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August 14, 2021, 09:16:39 PM
 #129

There are currently many coins in cryptocurrency, including light coins and binance coins. But now Binance Coin is take very good position than litecoin. Can you think litecoin  also overtake binance.

For me it is very difficult for Litecoin to overtake Binance. Because Binance has grown very fast compared to other coins since its launch. The most basic development is regarding smart contracts. And the Binance exchange is also the exchange with the best ratings. So in this case, Binance Coin enthusiasts are higher than Litecoin.



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darahjuang
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August 14, 2021, 09:37:38 PM
 #130

Litecoin overtaking Binance?
Although the phrase "everything is possible in cryptocurrency" I often read on this forum, but for the topic of your discussion, my answer is that Litecoin will not be able to overtake Binance.
Ethereum transactions can be overtaken by BNB, can Litecoin do that to Binance?
NO, in terms of transaction fees, Litecoin is still very cheap compared to ETH, but when compared to BNB, Litecoin still loses in this regard because BNB is still very cheap in terms of transaction fees and is now in the top three again in the cryptocurrency space followed by Cardano below, while Litecoin is still ranked 15th in the crypto space, how can it compete with coins that are already in the top three?
I agree with you that Litecoin cannot compete with Binance.
Then what about all the possibilities that can happen in cryptocurrency?
Above I said Litecoin cannot overtake Binance. Binance's prowess is now able to overtake the number of Ethereum transactions.
In my opinion LTC progress has been stuck since 2019 and i think BNB is very far better from LTC. As we know BNB is growth so fast in this past few years and what about LTC? I don't ever hear about the progress of this coin, so i just want to be realistic i think LTC has far behind BNB.
Data-wise, Litecoin's price increased from $32 in January to $141 in June. You can check the chart on CMC and then the price went up again to $377 in early May 2021. So, I can say that Litecoin has not been stuck since 2019.
Sorry, stuck like what you mean. If the price is stuck, then you are wrong in the data.
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August 14, 2021, 09:44:30 PM
 #131

Litecoin overtaking Binance?
Although the phrase "everything is possible in cryptocurrency" I often read on this forum, but for the topic of your discussion, my answer is that Litecoin will not be able to overtake Binance.
Ethereum transactions can be overtaken by BNB, can Litecoin do that to Binance?
NO, in terms of transaction fees, Litecoin is still very cheap compared to ETH, but when compared to BNB, Litecoin still loses in this regard because BNB is still very cheap in terms of transaction fees and is now in the top three again in the cryptocurrency space followed by Cardano below, while Litecoin is still ranked 15th in the crypto space, how can it compete with coins that are already in the top three?
I agree with you that Litecoin cannot compete with Binance.
Then what about all the possibilities that can happen in cryptocurrency?
Above I said Litecoin cannot overtake Binance. Binance's prowess is now able to overtake the number of Ethereum transactions.
In my opinion LTC progress has been stuck since 2019 and i think BNB is very far better from LTC. As we know BNB is growth so fast in this past few years and what about LTC? I don't ever hear about the progress of this coin, so i just want to be realistic i think LTC has far behind BNB.
Data-wise, Litecoin's price increased from $32 in January to $141 in June. You can check the chart on CMC and then the price went up again to $377 in early May 2021. So, I can say that Litecoin has not been stuck since 2019.
Sorry, stuck like what you mean. If the price is stuck, then you are wrong in the data.

Price wise, LTC is not stuck in the market. However, maybe, he is talking about development progress. As we can observe, BNB has more visible progress in terms of development of their services, whereas, LTC development seems to be very not active. So if you want action and regular update, you will go to BNB. BNB platform is also much visible when it comes to their new offerings. LTC is an old alt, however, I feel also that their development to innovate is lacking.
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August 14, 2021, 10:57:49 PM
 #132

There are currently many coins in cryptocurrency, including light coins and binance coins. But now Binance Coin is take very good position than litecoin. Can you think litecoin  also overtake binance.

Based on data from CMC, litecoin is also taking a good position at #13, but there is a possibility to overtake binance on the top spot.
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August 15, 2021, 01:28:02 PM
 #133

Litecoin is a fork of Bitcoin and Binance is another thing, I think Binance coin can be used on its exchange but right now it can also be used in DeFi and NFT that's why its price really pumps some people consider it as an alternative to Ethereum network with the current expensive price of the transaction fee, Binance coin is definitely a good alternative or we may not know probably may replace Ethereum.

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August 17, 2021, 10:57:49 PM
 #134

There are currently many coins in cryptocurrency, including light coins and binance coins. But now Binance Coin is take very good position than litecoin. Can you think litecoin  also overtake binance.

Litecoin was one of the coins that existed even further before Binance, but Litecoin doesn't seem to have any further development, just a single coin. Unlike Binance, although it is basically just a single coin, the Devs are developing to create smart contracts. Before BSC smart contracts were developed, Binance developed the Binance Chain system. This development has been carried out several times.
So, speaking of that Litecoin will overtake Binance, I think it's too late.

this is the edge of binance over LTC, you can see that they actually grow their services and now, with their BSC network, they are now hosting a lot of projects. but with LTC, still the old LTC that we know of. the progress under binance is somewhat fast and visible, this is why people are turning into this platform even if we say it is centralised. but they are offering competitive fees and such. so we cant blame crypto users to patronise the bsc platform. but if you ask about ltc, what is happening with their network? no one can tell what's going on...

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August 23, 2021, 03:17:45 AM
 #135

 I don’t know why you decided to compare a fork of Bitcoin with the sidechain of Ethereum, but I will share my opinion. I like both of these projects. They have big communities, and devs have good portfolios.They are very cheap, super-safe highways for making payments - especially when it comes to micro-transactions. Both teams are developing their products, so I believe in both of them.

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August 23, 2021, 03:55:23 AM
 #136

LTC although the supply in the market is around 66 million, but loses slightly compared to Binance, I think this is because BNB has its own stocking market and becomes the number three coin. I still believe LTC can exceed the price of BNB someday.
BNB is generally more in demand than other coins as it is binance's own currency because binance is a reliable site for transactions and exchanges. The value of LTC currency is good but according to the current market situation BNB is at a higher level than LTC.
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August 23, 2021, 09:12:22 AM
 #137

In terms of ranking on coinmarketcap, there is a possibility that it will approach Binance. But in terms of price, I think it's difficult to happen. Binance is moving fast in the market both in terms of price and ranking even though BNB is younger than Litecoin. There are many advantages that BNB has that Litecoin does not have.
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August 23, 2021, 11:10:40 AM
 #138

Litecoin is a coin that has been in crypto for a long time, with very slow development, although now it is starting to increase, but binance is superior to LTC, because the binance network adopts smart contracts, so many crypto users are fond of binance, despite the differences between BNB and LTC  very far, I think these two coins are very good investments at the moment,

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August 23, 2021, 11:30:01 AM
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 #139

Litecoin is a coin that has been in crypto for a long time, with very slow development, although now it is starting to increase, but binance is superior to LTC, because the binance network adopts smart contracts, so many crypto users are fond of binance, despite the differences between BNB and LTC  very far, I think these two coins are very good investments at the moment,

Litecoin is developing slowly, yes, but they do not claim to be a fast development anyway. A coin that has been on the market for many years, people do not invest in litecoin so that we can make a lot of money in a short time. In fact, it would not be wrong to say that it is out of fashion Smiley
Binance is one of the most important names in the trend right now. Every move it makes has become an interest for all cryptocurrencies, and we can say that it is making a very good progress

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August 29, 2021, 06:25:16 AM
 #140

LTC although the supply in the market is around 66 million, but loses slightly compared to Binance, I think this is because BNB has its own stocking market and becomes the number three coin. I still believe LTC can exceed the price of BNB someday.
BNB is generally more in demand than other coins as it is binance's own currency because binance is a reliable site for transactions and exchanges. The value of LTC currency is good but according to the current market situation BNB is at a higher level than LTC.
BNB's low fees as well as binance's large exchange make BNB currently superior to Litecoin. besides that the BSC network also supports many projects and makes it easier for users. that is the factor why the current comparison between BNB and litecoin is not comparable and not a proper comparison.
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