Seven Years of Litecoin: Consumer Payments Data Report (2018–2025 YTD)

Executive Summary

Litecoin has been part of the CoinGate payment ecosystem since 2018, when it became the second cryptocurrency we integrated after Bitcoin. Seven years later, it remains one of the most consistently used digital assets for payments – firmly holding its place in the top three payment methods on our platform.

The data shows why. After a breakout year in 2021, when processed Litecoin orders grew 521% compared to 2020, usage has stayed strong even as market cycles and merchant mixes changed. In 2024, we saw another surge with 52.7% year-over-year growth, proving that Litecoin adoption is not a one-off phenomenon but a lasting trend.

In 2025 so far (Jan–Aug specifically), Litecoin accounts for 13.9% of all payments on CoinGate, behind only Bitcoin (23%) and USDT (21.2%). For a brief period in June–July 2025, it even rose to second place, overtaking USDT as regulatory implications affected stablecoin usage.

The profile of Litecoin shoppers is diverse. Orders most often come from the US (23.8%), Germany (8%), and Nigeria (7.1%), with a mix of European and international demand. Average cart sizes currently stand at €44.5, close to the sweet spot for digital services, with peaks in previous years reaching over €50.

Industries relying most on Litecoin are web hosting (31.2%), proxies (22.2%), and gaming (19.3%). Within the proxy niche, Litecoin is often the leading currency of choice. At PlainProxies, Ping Proxies, and Thunderproxy, Litecoin accounts for the largest share of all crypto and even traditional currency orders, outpacing Euro, Bitcoin, Ethereum, and stablecoins alike.

On the merchant side, payment settlement preferences show a mix of caution and confidence. In 2025, merchants kept 5% of the received LTC instead of converting it to other currencies during payment – the highest level since 2022. The majority still convert, most often to EUR (73.5%), followed by BTC (6.9%), USDC (6.8%), and USD (5.2%).

Taken together, the data tells a clear story: Litecoin has carved out its own loyal base of shoppers and industries and demonstrates staying power through bull and bear cycles alike, and is able to compete with traditional payment rails in certain industries, such as proxy or web hosting.

For many merchants, enabling Litecoin became a direct line to a committed and active segment of global customers.

Key Takeaways and Highlights (2018–2025 YTD):

• 521% YoY growth in 2021 (strongest expansion year)
• 52.7% YoY growth in 2024 (second-strongest)
• Top-3 payment method since 2023 (briefly #2 in mid-2025)
• 13.9% share of all payments in 2025 YTD
• Avg cart size €44.5 in 2025; peak avg €52 in 2022
• Largest shopper bases in 2025: US, Germany, Nigeria, UK, Netherlands
• Top industries: Web hosting 31.2%, Proxies 22.2%, Gaming 19.3%
• In proxy sector, LTC is the #1 currency at PlainProxies, Ping Proxies & Thunderproxy in 2025
• In 2025, 5% of LTC payments were kept on balance sheets instead of being converted to other currencies – the highest share between 2022 and 2025.

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