If you're looking to swap Litentry, SwapSpace is your one-stop-shop. We have some light reading for you - in case you'd want a refresher on what is Litentry or some fresh information about lit’s price movements. And, of course, we provide you with the multiple Litentry exchange options so that you can choose the offer with the best rates and lowest Litentry fees, as well as other parameters that suit you.
Litentry Price Stats
Litentry Price Chart
Here you can see the current price of Litentry, as well as Litentry price history.
What is Litentry?
Litentry is a decentralized cross-chain identity aggregator built on Substrate. Substrate is a framework made especially for developing decentralized blockchains and it is intrinsically compatible with Polkadot, so obviously, Litentry launched as a parachain on the Polkadot Network. Polkadot is part of Web 3.0 and aims to increase the interoperability of all existing blockchains. LIT is the native utility token of Litentry, it was launched on the Binance in February 2021 and was listed on Uniswap, PancakeSwap, Gate.io, Hotbit, MXC, CoinEx, and DODO. LIT has strong connections with BNB, BUSD, DOT and at first, LIT was awarded for stacking these tokens. Lition (LIT) is on the Ethereum network (ERC-20) so it can be stored using any ETH compatible wallet. In the Litentry network LIT is used to pay fees for on-net transactions. LIT is also used as a concomitant for DeFi lending & borrowing services. And companies that will set up their identity databases on the Litentry network will receive compensations in LIT. Polkadot is growing right now: it became a top ten coin by market cap recently. So, all Polkadot-based projects also have a chance to rise in price. Litentry is working on really important problems with DIDs (decentralized identifiers), so if they succeed, LIT can also rise in price. Litentry is a very active company: their Twitter and GitHub get new posts often so it seems that they won't abandon their project in the foreseeable future.
A Simple Way To Exchange Litentry Here At SwapSpace
Choose the cryptocurrencies you would like to exchange among more than 800 coins and tokens. Pick them from drop-down menus. Type the number of coins you want to swap.
Send the exact amount to the address provided and receive the crypto in your wallet within minutes. Don’t have a wallet yet? Our support will recommend a good one!
You’ll get your coins in a few minutes! The exact time is a subject of various parameters such as blockchain network workload, transaction volume, our partners’ processing speed, etc. Concerned about your transaction? Check the swap tracker or feel free to contact the support: email@example.com.