Swap Litecoin (LTC) Without KYC

Litecoin (LTC) launched in 2011 as a lighter version of Bitcoin. It uses proof-of-work with the Scrypt algorithm, produces a block about every 2.5 minutes and has a maximum supply of 84 million coins. Low fees and quick confirmations make it a popular coin for payments and for moving value between services.

Litecoin addresses come in three common formats: native SegWit (ltc1), P2SH (M) and legacy (L). All of them can receive swap payouts. Since 2022, Litecoin also has MWEB (MimbleWimble Extension Blocks), an optional privacy layer with its own address format. Support for MWEB varies between services, so send deposits from a regular Litecoin balance unless your quote says MWEB is supported.

Because it is cheap and fast, LTC is a common stepping stone into Monero now that many exchanges no longer list XMR. The usual flow is to swap LTC to XMR in one step and receive the Monero in your own wallet. Litecoin also works as a quick exit from other coins when you want to move funds again soon.