LITECOIN

Litecoin vs US Dollar chart

Trading Conditions

cTrader
Floating spreads
Minimum: 68
Average: 68
Limit and Stop Level
0
1 tick value
0.01
Minimum contract size
0.01 lot
1 lot size
1 LTC
1 PIP value per 1 lot in USD
0.01 USD
Minimum step for increasing contract size
0.01 lot
Margin requirements to open a lock position *
0
Execution Mode
Market (irrelevant of platform or Account type)
* Only if Margin Level > 100%

The average spreads provided for each platform are updated on a daily basis to reflect the average for the previous day. Though FxPro attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.

The above spreads are applicable under normal trading conditions. FxPro has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions of Business'.

Litecoin

Litecoin is one of the oldest cryptocurrencies on the market. It was created by Google developer Charlie Lee, co-coder of megaprojects such as YouTube, Google Play, and Chrome OS. It is not surprising that in 2011 Charlie managed to create his cryptocurrency, and at the same time - one of the largest crypto exchanges in the world, Coinbase.

However, Litecoin occupied a special place in Charlie's heart. Therefore, after some time, he nevertheless left Coinbase to devote himself to a coin with a source code based on Bitcoin Core entirely. Along with a group of developers, Charlie took the reference base but replaced several elements and made improvements, such as increased speed of block generation and transaction processing. Litecoin also began to apply new hashing algorithms, and the transaction fee dropped to zero. With the help of the global payment network, you can freely transfer money to any person in any country in the world. The ecosystem is entirely open source and is not subject to any central authority. Users are also pleased with the speed of transactions: after sending, the money appears on the recipient's wallet within a few minutes. For comparison, the same operation takes up to 15 minutes in the Bitcoin network.

Now LTC is one of the TOP-5 cryptocurrencies globally, which is adjacent to Bitcoin, Ethereum, Ripple, and Bitcoin Cash on Olympus.

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industry regulations
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