We may occasionally use your email address to send you website announcements regarding changes to our website, including improvements, and service or product changes that may affect our website. We may occasionally share your non-confidential data with third parties to provide you with relevant offers that we feel may be of interest to you. When we do, we shall ensure that the third party complies with all laws and regulations relating to the safe and fair storage and usage of the data that we provide to them. Litecoin Volume by Exchange. Litecoin is a peer-to-peer cryptocurrency created by Charlie Lee. It was created based on the Bitcoin protocol but differs in terms of the hashing algorithm used. Litecoin uses the memory intensive Scrypt proof of work mining algorithm. Scrypt allows consumer-grade hardware such as GPU to mine those coins. Litecoin is a stable and highly recognized currency that can be traded for many other cryptocurrencies and fiat money. Getting litecoins is easy. All you have to do is visit an e-currency exchanger website and trade your money for litecoins. The other way of getting your hands on litecoins is mining. Right now, you can get 50 litecoins for one generated block. All LTC wallets are safe thanks to sophisticated encryption technologies. They allow the user to fully control all of their transactions and prevent cyber-attacks.