People keep spending Litecoin for goods and services, and the numbers prove it!

As a crypto payment processor, we integrated Litecoin in 2018 as the second crypto after Bitcoin. Since then, it has remained one of our payment platform's most consistently used assets.

Here are the key findings from our latest report:

• Growth: The biggest spike came in 2021 with +521% YoY order growth, followed by another strong year in 2024 (+52.7%).
• Ranking: Litecoin has been in the top-3 payment methods on CoinGate since 2023, even overtaking USDT briefly in summer 2025 as regulatory implications affected stablecoin usage.
• Share in 2025: So far this year, LTC accounts for 13.9% of all processed payments, being the 3rd most popular payment method.
• Who uses LTC: The largest shopper bases are the US, Germany, and Nigeria, showing both developed and emerging market demand.
• Where LTC is spent: Web hosting (31.2%), proxies (22.2%), and gaming (19.3%) dominate Litecoin usage. In the proxy sector, LTC is often the #1 currency ahead of BTC, ETH, and stablecoins.
• Cart sizes: The average order in 2025 is €44.5, which aligns closely with subscription-based and digital services.
• Treasury choices: While most merchants still convert received LTC to fiat (mainly EUR), 5% is now kept on the balance sheet, the highest rate since 2022.

Litecoin is not competing with Bitcoin on store-of-value narratives but has proven powerful in payments. Across bull and bear cycles, it remains a reliable checkout option with a global user base and steady merchant demand.

Read the whole report: https://coingate.com/blog/post/seven-years-of-litecoin-consumer-payments-data-report-2018-2025

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