Litecoin is quick and cheap to send, which makes it a good coin to be paid in. CoinsFlow sees a Litecoin payment seconds after your customer sends it, counts it as paid at the first confirmation, and lets you withdraw it straight away. It costs 0.5% per payment.
How it works
- Create an invoice in Litecoin, priced in LTC or in US dollars: one API call from your shop, or a few clicks in the dashboard.
- Your customer opens the payment page: a fresh
ltc1…address, the exact amount, a QR code, and on a phone a button that opens their wallet app. - We see the payment within seconds, while it is still in the mempool, and the payment page tells your customer it is on its way.
- At the first confirmation it is paid: your server gets the signed
invoice.paidwebhook, and the money is in your balance. - Withdraw to your own Litecoin wallet, by hand or automatically. The smallest withdrawal is 0.0001 LTC.
Litecoin on CoinsFlow, in numbers
| Payment seen | seconds after your customer sends it (in the mempool) |
|---|---|
| Paid, and withdrawable | 1 confirmation, about 2.5 minutes, whatever the amount |
| Final | 2 to 12 confirmations: more for a larger payment |
| Customer’s network fee | usually a fraction of a cent |
| Our fee | 0.5% of each payment |
| Address | native SegWit (ltc1…), a new one for each invoice |
| Invoice open for | 3 days, or up to 7 if you ask; a late payment is still credited |
| Smallest withdrawal | 0.0001 LTC |
Read from our own node
Payments are read from a Litecoin node we run ourselves, the same one behind our public Litecoin explorer. Nobody else's API decides whether you were paid.
Create a Litecoin invoice
curl https://api.coinsflow.app/v1/invoices \
-H "Authorization: Bearer $COINSFLOW_API_KEY" \
-H "Content-Type: application/json" \
-H "Idempotency-Key: order-1042" \
-d '{"chain":"litecoin","asset":"LTC","priceAmount":"25.00","orderId":"order-1042"}'Send your customer to the paymentUrl in the answer, and fulfil the order on the invoice.paid webhook. To try it with no money first, add "test": true to the body and simulate the payment. Every field is in the API docs.