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Exchange Trust Wallet Token (BEP2) to Litecoin
What do you need to know?
- The average time to exchange TWT for LTC is from 1 to 2 minutes
- You need 1 confirmation of the Binance chain blockchain for the exchange
- No need to enter Memo when sending TWT
A brief history of Trust Wallet Token
What do you need to know?
- The average time to exchange TWT for LTC is from 1 to 2 minutes
- You need 1 confirmation of the Binance chain blockchain for the exchange
- No need to enter Memo when sending TWT
Trust Wallet Token (TWT) was created in March 2020 to develop the community and attract new users. Initially TWT was launched on the Ethereum blockchain (ERC-20), then moved to Binance Chain (BEP-2), and in October became available on Binance Smart Chain (BEP-20). Since its launch, Trust Wallet Token has been a success and is an important part of the Binance ecosystem.
What is a Memo and do I need to specify it?
There is an additional Memo field when submitting Trust Wallet Token. Memo is the ID of the payment. It is unique, and with its help the service identifies the sender and recipient.
In our exchanger, when sending TWT you do not need to specify Memo.
Binance chain Blockchain Speed
An exchange requires 1 confirmation. This operation takes place in a few seconds.
Litecoin — Bitcoin's first fork
Litecoin — electronic peer-to-peer cryptocurrency, created in 2011 by a former employee of Google and Charlie Lee, when creating the basis was taken the source code of bitcoin (Litecoin is a fork of Bitcoin). In the crypto community, it is often called "digital silver".
The speed and fees of the Litecoin blockchain
Litecoin is considered to be a fast blockchain, the average block exit time is 2.5 minutes.
Today, the average Litecoin transaction fee is 0.00049 LTC, which is approximately $0.03.