Litecoin
since 2011 · UTXO, Bitcoin forkWhy Litecoin, who needs it, and how this network’s rules differ from the rest — short and to the point.
Four Litecoin rules worth knowing before you send
Not abstract “crypto risks,” but the rules of this network. For each — what happens, and how Mitilena shows it before the Send button.
An exchange will not take an MWEB address
Litecoin has a private extension, MWEB, with ltcmweb1… addresses. Transfers inside it hide amounts, but exchanges and swap desks do not accept those addresses and do not pay out from them. If a counterparty sent you ltcmweb1… — an ordinary wallet cannot send there.
Three generations of addresses
L… — the oldest format, M… — since 2017, ltc1… — SegWit. All three are Litecoin. A separate trap is 3… addresses Litecoin used before 2017: they look like Bitcoin’s, and some services still show them.
LTC on another network is not Litecoin
On BNB Smart Chain there is a “Binance-Peg LTC” token and similar wrappers on other networks. Those are venue IOUs, not the Litecoin network coin. You cannot send that token to a real Litecoin address.
Cheap does not mean instant
A block every 2.5 minutes, but exchanges ask for 6 to 12 confirmations — that is 15–30 minutes. The network is almost never congested: the minimum fee usually covers it.
How to send LTC in Mitilena
On Litecoin — only LTC
There are no tokens on the Litecoin network. All “LTC tokens” on other networks are venue wrappers. Need a stablecoin — in the same Mitilena, Tron, TON, Ethereum and Solana sit next to it.
What Mitilena can do on Litecoin
What people ask about Litecoin
What is the fee for an LTC transfer?
Cents. The network is almost never congested — the minimum fee is enough; Mitilena fills it in for you.
How long does a Litecoin transfer take?
First confirmation — about 2.5 minutes. Exchanges usually ask for 6–12 confirmations, so 15–30 minutes.
What is MWEB and why won’t an exchange take an ltcmweb1 address?
MWEB is Litecoin’s private extension. Transfers inside it hide amounts, so exchanges almost nowhere accept those addresses. Ask for an ordinary ltc1… or M… — Mitilena works with those too.
Can I send LTC to a Bitcoin address?
No. Addresses look alike, but the networks are different. LTC from Mitilena will not go to bc1… or 1…; a 3… address can be LTC or BTC — confirm with the recipient.