According to a seven-year report issued by Coingate, Litecoin (LTC) remains one of the most used cryptocurrencies for payments. The report, along with Bitcoin (BTC) and Tether (USDT), places Litecoin as the top three global payment methods on the platform.
After the 2021 breakout year, if there is a 521% increase in Litecoin orders processed compared to 2020, use is strong. In 2024, LTC payments rose 52.7% year-on-year, marking the second year of growth. In 2025 so far (January-August), Litecoin accounted for 13.9% of all Coingate payments, after only BTC (23%) and USDT (21.2%).
For a short period in June and July, it rose to second place, overtaking the USDT as the regulatory implications affected stable use.
Industry and purchasing behavior
According to the report, web hosting (31.2%), proxying (22.2%) and gaming (19.3%) accounted for almost three-quarters of all Litecoin transactions in 2025. In particular, LTC is guided by PlainProxies, Ping Proxies, and Thunderproxy All in the Highproxy stages, with PlainProxies, Ping Ping Ping in Thunderproxy, PlainProxies, Ping Ping Ping in The High in the High in the bitcoin. Ethereum (ETH), or Stablecoins.
In short, Litecoin carries the sweet spot as a currency of choice for customers paying for repeat digital first services, and is particularly relevant to hosting, proxying and gaming merchants.
So far, in 2025, the average Litecoin order size is 44.5 euros, closely aligns with the price range of hosting subscriptions, proxy packages and gaming services. The peak was recorded at 52 euros per order in 2022, indicating that LTC has been used for medium-sized digital purchases rather than a one-time, high-value experience.
For businesses, this purchasing behavior is remarkable. Litecoin attracts repeat customers with normal spending patterns, while supporting large orders when needed. The combination of flexibility and predictability contributes to its position as one of the best payment methods.
Geographical distribution
The US has generated the largest share of the Litecoin order in 2025 (23.8%) so far in 2025, followed by Germany (8%) and Nigeria (7.1%). Other notable markets include the UK (5.8%), the Netherlands (5%), France (3.7%) and Poland (2.9%).
Merchants’ settlements show increased confidence
The report also looked at how merchants handle the Litecoins they collect. In 2025, 5% of merchants chose to hold the highest percentage since 2022, the LTC. The majority still chose to convert to the euro (73.5%), followed by BTC (6.9%), USDC (6.8%) and USD (5.2%).
As expected, most merchants favor Fiat’s predictable accounting, but the smaller shares have chosen to either hold Litecoin directly or reassign it to BTC or USDC. The data shows that accepting LTC can quickly increase the flexibility of financial management, whether they prefer hedging, retaining or conversion.
Special images via ShutterStock.
