Accepting Litecoin (LTC) Payments: The Complete Business Guide

May 14, 2026 · 6 min read

Litecoin has been used for payments since 2011. It offers fast 2.5-minute blocks, low fees, and broad exchange support. Here's everything a business needs to know about accepting LTC.

Litecoin is one of the oldest cryptocurrencies still actively used for payments. Created in 2011 as a faster, cheaper alternative to Bitcoin, LTC has maintained a loyal user base and is supported by every major exchange. For merchants, it offers a proven track record, low fees, and fast confirmation times.

Why Litecoin for Business Payments

✓Transaction speed: 1 block per ~2.5 minutes (4x faster than Bitcoin)
✓Network fees: typically $0.001–0.01 per transaction
✓Universal support: available on Coinbase, Binance, Kraken, and every major exchange
✓Established: operating continuously since 2011 with no major incidents
✓SegWit support: enables efficient transaction batching

LTC vs Bitcoin: Which is Better for Payments?

For merchants, Litecoin has a practical edge over Bitcoin for everyday transactions: 4x faster confirmation, fees that are 10–100x lower, and the same broad exchange support. Bitcoin's Lightning Network can match LTC speed, but requires additional setup. LTC is simpler for straightforward payment acceptance.

Who Pays with Litecoin?

Litecoin holders tend to be experienced crypto users who prefer a simple, established payment coin. They're often active on trading platforms and hold LTC as a payment-optimized asset. Adding LTC accepts this segment without significant integration work — it's one API call change from Bitcoin.

How to Accept LTC via Bekena API

javascript

const invoice = await fetch('https://api.bekena.com/v1/payments', { method: 'POST', headers: { 'Authorization': `Bearer ${API_KEY}` }, body: JSON.stringify({ amount: '49.99', currency: 'LTC', order_id: 'order_12345', }), }).then(r => r.json()); // Display invoice.address to customer // Handle 'payment.confirmed' webhook on fulfillment

Settlement and Fees

Bekena requires 1 Litecoin block confirmation (~2.5 minutes) before forwarding payment to your settlement wallet. The Bekena fee is 1% of the transaction value — same as all other supported coins. LTC network fees paid by the customer are not included in this 1%.

Displaying LTC Prices

Bekena handles the conversion automatically. You specify the invoice amount in USD, and our API returns the equivalent LTC amount calculated at current market rates. The customer sees the LTC price — funds go directly to your settlement wallet on-chain.

Note: LTC support is available in the Bekena sandbox. Test the full payment flow before going live with real transactions.

Ready to accept crypto payments?