Trade Litecoin on PrimeXBT. Table of Contents
Invest in Litecoin on PrimeXBT
Trade Litecoin on PrimeXBT and experience award-winning trading tools and products.
Go long or short to benefit from both rising and falling prices.
Litecoin is an important part of the cryptocurrency market, as its intention is purely to function as digital cash.
This currency is often called silver for the gold of Bitcoin and is known to be fast and cheap to use for transactions.
Despite being more of a currency than other crypto assets, Litecoin still plays an important role for cryptocurrency traders.
Those who trade on PrimeXBT can use a number of advanced trading tools and strategies to successfully trade Litecoin.
PrimeXBT is a cutting-edge online trading platform that offers traders all the necessary tools to buy, sell and trade Litecoin on the cryptocurrency market.
PrimeXBT introduces a third-party service called CEX.io that enables the exchange of other crypto assets, fiat currencies, and more for Bitcoin.
Additionally, users can buy Bitcoin with a credit or debit card to fund their trading accounts and start EOS trading right away.
Alternatively, users can deposit their own Bitcoin in the PrimeXBT wallet.
Why trade Litecoin with PrimeXBT?
- Easy to get started
- Get started in minutes with a quick and easy registration procedure and a low minimum deposit.
- Low trading commissions
- Save on commissions! Benefit from PrimeXBT’s low commission rates and tight spreads while trading all available assets.
- Secure trading
- Enjoy PrimeXBT’s security features that will ensure that your personal data and funds are always protected.
- The best trading platform
- PrimeXBT’s award-winning software offers traders a variety of professional trading tools. Access cryptocurrencies, stock indices, commodities, and currencies from a single account!
Litecoin is a crypto altcoin that was designed to address many of the problems that Litecoin creator Charlie Lee saw in the Bitcoin code.
Litecoin itself is a fork of the original Bitcoin main client, which was modified by Google engineer Charlie “Satoshi Lite” Lee.
Since then, Lee has formed the Litecoin foundation aimed at driving digital currency adoption.
Litecoin is primarily a payment currency and Bitcoin’s gold has been called silver.
Like Bitcoin and Ethereum, Litecoin is based on blockchain technology.
Litecoin is both the name of the protocol and the underlying asset, which is traded using the LTC ticker.
How does Litecoin trading work on Litecoin?
Litecoin is among the oldest and most trusted cryptocurrencies, earning it the number one spot in the top ten cryptocurrencies by market capitalization for several years in a row.
Like Bitcoin, Litecoin is a cryptocurrency with huge projected long-term growth.
PrimeXBT offers ultra-fast order execution and tight spreads on all assets.
Trading Litecoin on PrimeXBT allows traders to take advantage of all the trading tools necessary to execute successful Litecoin trades.
Traders can rest assured that their personal data and funds are safe at all times, due to PrimeXBT’s unwavering commitment to privacy and security.
The platform features additional security features such as address whitelisting, two-factor authentication, and much more.
With a highly customizable user interface, helpful widgets, how-to video tutorials, and guides, a 24/7 support staff, and all the tools a trader could need, PrimeXBT is a one-stop-shop for new and experienced traders alike.
What is Litecoin CFD trading?
Litecoin is one of the five cryptocurrencies available on PrimeXBT, an award-winning trading platform.
Litecoin CFDs are offered that trade on USD or BTC pairs.
CFDs allow traders to buy and sell Litecoin in the short and long term and add leverage, instead of getting stuck and can only buy and sell LTC with spot trading.
CFDs are riskier than spot trading but come with a much higher reward for those who can manage risk and execute a sound trading strategy.
Litecoin is a cryptocurrency asset trade under the ticket symbol LTC.
Litecoin is most commonly traded through LTCUSD or LTCBTC trading pairs.
Litecoin is listed on the always-on crypto market. This means that the Litecoin markets operate 24 hours a day, 365 days a year, even on holidays and weekends.