<p>LTC/BTC and BTC/LTC are both ratios of purchasing one currency with another. </p>

<p>For example, with LTC/BTC, the price quoted is for 1 LTC (overlying) in BTC (underlying). If the price is 0.025, that is how many bitcoins are needed to purchase 1 LTC. At this price, 2 LTC would cost 0.05 BTC.</p>

<p>The opposite would be equivielnt to 1/x, using the example above the rate could also be expressed as 1/0.025, or 40 LTC per bitcoin.</p>

<p>The rate is the same. For some lower valued currency, it would indeed be much better to trade in a BTC/COIN format because it is more likely for an altcoin to go lower than 0.00000001 BTC than to go higher than 100,000,000 BTC per altcoin ;)</p>

<p>For the freshest data, I would recommend going to the source (e.g. a big exchange), such as <a href="https://btc-e.com/api/documentation">https://btc-e.com/api/documentation</a></p>

CC BY-SA 3.0
2014-06-03T06:39:04.133Z
2014-06-03T06:39:04.133Z
Mark
<p>I am little bit confused about markets, In cryptsy there is a market for LTC/BTC in which we can buy or sell LTC using BTC</p>

<p>My questions are,</p>

<ol>
<li>Is both LTC/BTC &amp; BTC/LTC are the same?</li>
<li>I have tried <a href="http://www.cryptocoincharts.info/v2/api/tradingPair/%22btc_ltc%22">cryptocoincharts</a>, but seems to have incorrect values, Any valid market api call to fetch the BTC/LTC market values?</li>
</ol>

<litecoin><buy-bitcoins><sell-bitcoins><market><currencies>
What is the difference between BTC/LTC & LTC/BTC markets?
M.R
# What is the difference between BTC/LTC & LTC/BTC markets?

(Asked by: username_0 on 2014-06-03)

I am little bit confused about markets, In cryptsy there is a market for LTC/BTC in which we can buy or sell LTC using BTC

My questions are,

1. Is both LTC/BTC & BTC/LTC are the same?
2. I have tried [cryptocoincharts](http://www.cryptocoincharts.info/v2/api/tradingPair/%22btc_ltc%22), but seems to have incorrect values, Any valid market api call to fetch the BTC/LTC market values?

**Tags:** litecoin, buy-bitcoins, sell-bitcoins, market, currencies


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## 1 answers

### Answer by username_1 on 2014-06-03. Score: 5 | Accepted answer

LTC/BTC and BTC/LTC are both ratios of purchasing one currency with another.

For example, with LTC/BTC, the price quoted is for 1 LTC (overlying) in BTC (underlying). If the price is 0.025, that is how many bitcoins are needed to purchase 1 LTC. At this price, 2 LTC would cost 0.05 BTC.

The opposite would be equivielnt to 1/x, using the example above the rate could also be expressed as 1/0.025, or 40 LTC per bitcoin.

The rate is the same. For some lower valued currency, it would indeed be much better to trade in a BTC/COIN format because it is more likely for an altcoin to go lower than 0.00000001 BTC than to go higher than 100,000,000 BTC per altcoin ;)

For the freshest data, I would recommend going to the source (e.g. a big exchange), such as <https://btc-e.com/api/documentation>


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