Litecoin (LTC) is the brainchild of former Google employee, Charlie Lee. Originally released back in 2011, LTC has many similarities to its bigger brother, BTC. However, LTC is faster to ‘mine’, meaning transactions are executed faster than with BTC and the supply market cap is four times greater.
Why trade LTC with FXChoice?
You never own the underlying asset, so you do not pay tax.
Has increased volatility
Crypto trading generates a huge amount of short-term speculation, driving ample opportunity for traders to make a profit.
Trading LTC with leverage gives you the upper hand and ability to speculate on a significantly larger volume than the invested amount.
Enhanced security and regulation
The crypto world is full of uncertainty. But with FXChoice, a fully licensed and regulated broker, we offer superior security that you can rely on when trading.
Ability to go long or short
Holding LTC can only generate a profit if its price increases, but trading LTC allows traders to bet on the price falling as well as increasing.
Auto-trading and technical indicators
Simply holding LTC and hoping the price goes up may be one way to make a profit. With us, you can trade LTC with trading robots round-the-clock, or use technical indicators to guide your trading strategy.