- Trading
- Instrument Specifications
- Cryptocurrency CFDs
- LTCUSD Quote
Trade LTCUSD CFDs - Litecoin Trading
LTCUSD Trading Conditions
| Options | Standard-Fixed & Floating | Beginner-Fixed & Floating | Demo-Fixed & Floating |
|---|---|---|---|
| Fixed spread, pip | 20 | 20 | 20 |
| Floating Spread, pip | 20 | 20 | 20 |
| Order distance, pip | 40 | 40 | 40 |
| Swap (Long/Short) | -20.15 / -20.15 USD per 200 contract | -20.15 / -20.15 USD per 200 contract | -20.15 / -20.15 USD per 200 contract |
| Digits | 0.01 | 0.01 | 0.01 |
|
Available volumes | 2.00 – 2000.00 contract | 0.20 – 200.00 contract | 2.00 – 2000.00 contract |
| Contract size | 1 LTC | 1 LTC | 1 LTC |
|
1 pip value per 100000 | 1000 USD | 1000 USD | 1000 USD |
| Volume Limit | 10 LTC | 10 LTC | 10 LTC |
| Options | Standard-Fixed | Micro-Fixed | Demo-Fixed | PAMM-Fixed |
|---|---|---|---|---|
| Fixed spread, pip | 20 | 20 | 20 | 20 |
| Order distance, pip | 40 | 40 | 40 | 40 |
| Swap (Long/Short) | -20.15 / -20.15 USD per 1 lot | -20.15 / -20.15 USD per 1 lot | -20.15 / -20.15 USD per 1 lot | -20.15 / -20.15 USD per 1 lot |
| Digits | 0.01 | 0.01 | 0.01 | 0.01 |
|
Available volumes | 0.01 – 10 lot | 0.01 – 1 lot | 0.01 – 10 lot | 0.01 – 10 lot |
| Lot size | 200 LTC | 200 LTC | 200 LTC | 200 LTC |
|
1 pip value per 1 lot | 2 USD | 2 USD | 2 USD | 2 USD |
| Volume Limit | 10 LTC | 10 LTC | 10 LTC | 10 LTC |
| Options | Standard-Floating | Micro-Floating | Demo-Floating | PAMM-Floating |
|---|---|---|---|---|
| Floating Spread, pip | 20 | 20 | 20 | 20 |
| Order distance, pip | 40 | 40 | 40 | 40 |
| Swap (Long/Short) | -20.15 / -20.15 USD per 1 lot | -20.15 / -20.15 USD per 1 lot | -20.15 / -20.15 USD per 1 lot | -20.15 / -20.15 USD per 1 lot |
| Digits | 0.01 | 0.01 | 0.01 | 0.01 |
|
Available volumes | 0.01 – 100 lot | 0.01 – 100 lot | 0.01 – 100 lot | 0.01 – 100 lot |
| Lot size | 200 LTC | 200 LTC | 200 LTC | 200 LTC |
|
1 pip value per 1 lot | 2 USD | 2 USD | 2 USD | 2 USD |
| Volume Limit | 10 LTC | 10 LTC | 10 LTC | 10 LTC |
LTCUSD Trading Hours
Litecoin trading hours are the time when investors can buy and sell Litecoin crypto pairs. The Litecoin pair is traded on multiple exchanges around the world. This means that investors have many different opportunities to trade Litecoin during different trading hours. Depending on where you live, you may be able to trade Litecoin at any time throughout the day or night. For those who want to take advantage of these opportunities, it is important to know when Litecoin trading hours begin and end.
Litecoin Technical Analysis
The LTCUSD technical analysis of the price chart on 1-hour timeframe shows LTCUSD,H1 is rebounding toward the 200-period moving average MA(200) after hitting 6-month low yesterday. We believe the bullish momentum will continue after the price breaches above 72.62. A level above this can be used as an entry point for placing a pending order to buy. The stop loss can be placed below 69.73. After placing the order, the stop loss is to be moved to the next fractal high , following Parabolic indicator signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level without reaching the order, we recommend cancelling the order: the market has undergone internal changes which were not taken into account.
Fundamental Analysis of Crypto - Litecoin
LTCUSD is testing a local resistance at $72. Will the LTCUSD price rebound continue?
Litecoin (LTC) is cryptocurrency based on the Bitcoin protocol but differs in terms of the hashing algorithm used. Litecoin uses the memory intensive Scrypt proof of work mining algorithm which allows consumer-grade hardware such as GPU to mine those coins. Litecoin total supply and maximum supply remain capped at 84 million LTC, with 75.55 million already in circulation. LTC is trading near $72 currently after rebounding from over 15% drop in the last 24 hours that resulted in over 14% decline in market capitalization. A few days ago Litecoin activated the MWER update based on Mimblewimble protocol which improves privacy and scalability by concealing transfer amounts and shedding old transaction data. Last week Fidelity announced it has introduced new retirement accounts that allow US investors to buy Bitcoin, Ethereum, and Litecoin in three different types of accounts: traditional IRAs, Roth IRAs, and rollover accounts. Enhanced security through MWER protocol and inclusion of Litecoin in retirement account options are bullish for LTC price.
| Indicator | Signal |
| RSI | Neutral |
| MACD | Buy |
| Donchian Channel | Neutral |
| MA(200) | Sell |
| Fractals | Buy |
| Parabolic SAR | Buy |
Litecoin is one of the main competitors of Bitcoin. It was created in 2011. The LTCUSD pair is the most traded cryptocurrency pair in the world. Litecoin is one of the most influential cryptocurrencies where the US dollar is the quote currency. This pair shows how many dollars are needed to trade LTCUSD.
Crypto Pair LTCUSD | Cryptocurrency |
Litecon (LTC) is a popular cryptocurrency, one of the first forks of Bitcoin. The main differences from Bitcoin are as follows:
- Transaction speed is higher as it takes 5-8 times less time to create a block than in Bitcoin.
- Mining cryptocurrency requires less resources.
- Blocks are formed using different hash functions (Litcoin has - Scrypt, Bitcoin has SHA-256).
- The maximum number of coins for Litecoin is 84 million, for Bitcoin - 21 million.
- Litecoin addresses are strictly 33 characters long and they all start with the number 3 or the letter L.
Litecoin is one of the main competitors of Bitcoin. It was created in 2011. The LTCUSD pair is the most traded cryptocurrency pair in the world. Litecoin is one of the most influential cryptocurrencies where the US dollar is the quote currency. This pair shows how many dollars are needed to trade LTCUSD.
