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Easily convert LTC to COMP with ConvertOnline's efficient tool.
Litecoin (LTC) is a peer-to-peer cryptocurrency created by Charlie Lee in 2011 as a 'lite' version of Bitcoin. It is designed to enable fast and low-cost transactions on a decentralized network, making it a popular choice for everyday transactions and a testing ground for new blockchain technologies.
Compound (COMP) is a decentralized finance (DeFi) protocol that allows users to lend and borrow cryptocurrencies in a trustless manner. By utilizing smart contracts on the Ethereum blockchain, Compound enables users to earn interest on their crypto assets or take out loans against them without the need for traditional intermediaries.