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Litentry (LIT) exchange rate

Price for today

0,607 USD 3,96%

0,00003006 BTC -1,3%

Market Cap
22,840,590 $
Volume 24h
6,028,332 $
  • Name: Litentry

  • Symbol: LIT

  • Circulating supply: 37 619 383 $

  • Max supply: 100 000 000 $

  • Cmc rank: 562

  • Volume 24h: 6 028 332 $

  • Percent change 1h: -0,21 %

  • Percent change 24h: 4 %

  • Percent Change 7d: 2 %

about Litentry

Litentry is a Decentralized firewall aggregator built on Substrate. Litentry is a development environment that helps build WEB3.0, and in particular as a means of simplifying the process of issuing permissions for users to use sensitive data to third parties. In general, Litentry is a specific mechanism that will complement the work of WEB3.0 and it will allow you to choose what part of your life you are willing to open to the Internet community and IT companies, and what will belong only to you.  It processes service requests from Litentry users who say it is a security-oriented project through a DID (a decentralized identifier).

LIT is a native utility token on the Litentry network which is used for four main purposes: staking, rewarding creators without identity, paying fees when the user settles a loan, collateral for DeFi lending and borrowing.

Top Exchanges:

What is Litentry?

Litentry is quite demanded cryptocurrency among merchants, ordinary users and investors who purchase it for long-term profit. Accordinglyholders can use LIT for everyday payments, business and holding.

What is LIT price today?

As of the 27.09.2022, 1 LIT can be purchased for 0.60714951. Check out our LIT price chart to see how its value has changed lately.

Where can I buy Litentry?

Litentry cryptocurrency can be bought on one of the many trusty exchanges such as Godex. When choosing an exchange to buy LIT, always pay attention to its name.

Where is LIT kept?

There are various places and ways to save LIT. To save a large amount of cryptocurrency, hardware-type wallets such as Ledger and Trezor are appropriate. If you intend to use LIT for trading or paying everyday expenses, then a hot wallet (mobile or desktop) would be the correct option. When choosing a wallet, pay attention to its safety features and serviceability.

F.A.Q.

What is a LIT in simple terms ?

LIT is the ticker for Litentry, which is one of the crypto currencies, the price of which is not pegged to another asset (for example, to the US dollar or oil). Given that it is online money, it has no physical expression like banknotes and is stored in special cryptocurrency wallets. 

Is Litentry real money ?

Litentry, like any other ordinary cryptocurrency is a real means of payment. Litentry can be exchanged for another altcoin, and can also be used to pay for goods or services. Like any other currency, it can both depreciate and grow in price.

How to buy LIT ?

LIT is possible to get with another crypto currency such as BTC or ETH. Besides, you need to take care of creating a trusty wallet where your new LIT coins will be kept.

Some exchanges may request you to register and be subjected to a complicated verification of identity procedure in order to get Litentry. But this is not the case with Godex, where you only need to send your cryptocurrency, for which you will buy LIT to the address created by the website. 

After the requisite quantity of transaction confirmations is achieved, you will have your LIT coins.

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