Litecoin is a peer-to-peer cryptocurrency and open source software project released under the MIT/X11 license.
The creation and transfer of coins are based on an open-source cryptographic protocol and are not managed by any central authority. The coin was inspired by, and in technical details is nearly identical to, Bitcoin (BTC).
Ripple is a real-time gross settlement system (RTGS), currency exchange, and remittance network created by the Ripple company.
Also called the Ripple Transaction Protocol (RTXP) or Ripple protocol, it is built upon a distributed open-source Internet protocol, consensus ledger, and native cryptocurrency called XRP (ripples).
Released in 2012, Ripple purports to enable “secure, instant and nearly free global financial transactions of any size with no chargebacks.” It supports tokens representing fiat currency, cryptocurrency, commodities, or other units of value such as frequent flier miles or mobile minutes.
If you choose the right trade and the right platform such as Bay Exchange, you can make money very fast on the web with these cryptocurrencies.
It is very important that the trading platform you choose should be simple and easy to read and navigate.
You should be able to use charts, data, and market information easily and you can open and close the trades instinctively without any hassle.
The layout of the trading platform should also be user-friendly with no more requirements for switching screens and actions should be made easily on the platform.
It should also be verified for performing safe online transactions and your data and information should always be safe in the platform you are going to select.
Go to different blogs and review sites on the internet and search for the reliability and dependability given by the trading platform you are looking at.
This is exactly what Bay Exchange offers to every trader. So why don’t you give it a try?