Litecoin broker

Litecoin was founded as an alternative to bitcoin and was developed to fix some of bitcoin’s perceived shortcomings.

Litecoin is created to be ‘lightweight,’ making it more plentiful and numerous than bitcoin. Also, scrypt is its proof-of-work algorithm, guarding it against ASIC mining (even though a few companies have said they are going to shortly launch scrypt ASIC miners).

Following price growth of bitcoin in november 2013, litecoin became a lightning rod for speculators. But, since then, prices have fallen in parallel. The two cryptocurrencies’ prices will likely move largely in the same direction, even though the value of litecoin is by far the lesser of the two.
Bitcoin investors who are seasoned should not have any issues with getting used to litecoin. However, new investors may struggle because the altcoins’ infrastructure is not as grounded than that of bitcoin.
You can also gain litecoins by mining it with regular computing equipment.
Make sure you do careful research prior to investing your money and don’t risk amounts of money that you can’t afford to lose.

Best online brokers for litecoin trading

The pioneer of social trading is now offering an exclusive opportunity for investors who want exposure to the most popular cryptocurrencies like bitcoin, dash, ethereum and more. Trade crypto 24/7 at etoro with no rollover fees!

World's leading social trading platform

Proven track record of security

Unlimited daily withdrawals

Min. Deposit of $200 to get started

Instant trade execution

Thanks to an excellent reputation, high trading standards, and multilingual customer care, avatrade has become one of the industries leading brokers. Offering highly competitive spreads on a wide variety of trading investments.

Get up to 14,000 bonus

No commission/no exchange fees

Trade a wide variety of crypto cfds

Mirror trading available

With markets.Com get ZERO commission trading on cryptocurrency, forex and commodity cfds with one of the most sophisticated trading platforms in the industry.

No commission trading

Use paypal to trade bitcoin futures

Advanced innovative trading platforms

T&C's apply to each of the offers above, click "visit site" for more details.

Risk warning: users should be aware that all investment markets carry inherent risks, and past performance does not assure future results. Trading of any kind is a high-risk activity, and you could lose more than you initially deposited. Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 73-89% of retail investor accounts lose money when trading cfds. Please be sure you thoroughly understand the risks involved and do not invest money you cannot afford to lose. Your capital is at risk. Advertiser disclosure: topbrokers.Trade is an independent professional comparison site funded by referral fees. The compensation topbrokers.Trade receives is derived from the companies and advertisements featured on the site. Due to this compensation, we can provide our users with a free comparison tool. Unfortunately we are unable to list every broker or exchange available, however, we do our best to review as many as possible.

With markets.Com get ZERO commission trading on cryptocurrency, forex and commodity cfds with one of the most sophisticated trading platforms in the industry.

The beginner’s guide to litecoin trading

Litecoin has often been described as the silver to bitcoin’s gold. After bitcoin, litecoin comes in third as the largest cryptocurrency by the market cap, and ripple takes second place.

Litecoin was founded as an alternative to bitcoin and was developed to fix some of bitcoin’s perceived shortcomings. Litecoin is created to be ‘lightweight,’ making it more plentiful and numerous than bitcoin. Also, scrypt is its proof-of-work algorithm, guarding it against ASIC mining (even though a few companies have said they are going to shortly launch scrypt ASIC miners).

The litecoin network processes its blocks faster than bitcoin. The network can produce the total amount of 84 million lite coins, as opposed to 21 million BTC on the bitcoin network. If you want to learn more about cryptocurrency, you can read this introduction about how to start buying digital currencies.

How to buy litecoin

Things to note before you start to buy litecoin:

Following price growth of bitcoin in november 2013, litecoin became a lightning rod for speculators. But, since then, prices have fallen in parallel. The two cryptocurrencies’ prices will likely move largely in the same direction, even though the value of litecoin is by far the lesser of the two.

Bitcoin investors who are seasoned should not have any issues with getting used to litecoin. However, new investors may struggle because the altcoins’ infrastructure is not as grounded than that of bitcoin.

You can also gain litecoins by mining it with regular computing equipment.

Make sure you do careful research prior to investing your money and don’t risk amounts of money that you can’t afford to lose.

Even if you think you know the risks, have done lots of investigation, and are still interested in entering the litecoin market, there are still some potential problems you may have missed.

Bitcoins for litecoins? Or cash for litecoins?

Purchasing litecoins isn’t quite as simple as it is with bitcoins. This is hardly a shock given the infrastructure of litecoin, which is lesser-developed. One of the simplest ways to buy litecoins is by purchasing them alongside bitcoins – this also is the quickest and cheapest option for most users.

You might think the easiest way for buying litecoin would be using a fiat wire transfer, in which you would use an exchange, yet this is an arduous process because some main bitcoin exchanges, such as coinbase and BTC china, do not currently handle any litecoin transactions.

One of the most apparent advantages of using bitcoin to buy litecoin is expediency. Theoretically, this exchange should take only a few minutes. However, international wire transfers can take a number of days to process and clear, meaning you will potentially incur some additional expenses. The limited amount of litecoin exchanges ensures that a large segment of possible investors has to depend on international transfers to do business.

Alternative methods

An alternative to this process is to locally buy litecoin and therefore, forego the inconvenience of having to wire money internationally and to convert it into litecoin. A positive side is that you’ll receive your litecoin sooner. It’s possible that you will get a great price when converting it, provided that the litecoin price continues to increase. The downside to this process is that it’s likely that you’ll spend more on litecoin if you’re limited to a local market.

Litecoin trading

Litecoin trading can be extremely profitable for all level of traders. Because the cryptocurrency market is fairly new, highly fragmented as well as having huge spreads. Arbitrage and margin trading are generally available.

When you buy litecoins online as cfds with a regulated broker, you can trade long or short and buy or sell instantly. This gives you the added advantage of being able to act on your analysis of the future of digital currencies.

Litecoin has become the leading competitor to bitcoin, and now you can trade this impressive digital currency with some of the top online brokers. If you are looking to trade litecoin cfds take a look above for our top recommendations. To learn more about litecoin and other popular cryptocurrencies see our featured trading guides.

How to choose an online broker for litecoin trading

Because there’s so much competition in the litecoin exchange market as well as having countless brokers and exchanges to choose from. It can be difficult to know which option will work best for you. Here are a few things to keep in mind before deciding on the right broker for your litecoin trading:

Regulation

Use a regulated CFD broker or exchange. The regulatory body develops rules and services protect the integrity of the market, as well as traders, and investors. Due to possible safety concerns, you should exclusively open accounts with regulated brokers.

Customer service

Cryptocurrency trading happens 24 hrs a day, so customer support should be available at all times. You’ll want to be able to speak with a live support person. The representative’s ability to answer your questions regarding spreads and leverage, as well as company details is very telling. The details of a good broker should be out in the open for everyone to see, either online or otherwise.

Account types

An ideal broker for litecoin trading should be able to offer clients multiple account options or provide an element of customizability. Look for a broker that offers competitive spreads and easy deposits/withdrawals.

If you want to buy litecoins it will, of course, cost money. However, unlike buying stocks or bonds, CFD brokers generally charge a percentage to buy litecoin. You may consider looking for a broker that charges a flat rate fee instead of the percentage model.

Liquidity

Because litecoin is traded in a market where people are both looking to buy or sell the currency, it’s crucial to consider the amount of liquidity that an exchange can have. Liquidity is the ability to sell without the price being significantly affected, causing the price to drop.

For more information on cryptocurrencies, please see our tutorial: the basics of cryptocurrency

How to trade bitcoin with forex brokers in UK

Launched in 2009 by a certain satoshi nakamoto, bitcoin is the first ever virtual currency that has made waves in the global financial market. Nakamoto, whose real identity is still not known, created bitcoin, a decentralized digital currency, to remove the control of central banks, governments, and banks on money.

Until now, countries and its central banks are having a difficult time regulating bitcoin and other cryptocurrencies available in the market today.

Since its creation, bitcoin has gotten the attention of many market players including individual traders, account managers, firms, and even large banks. This has caused its value to skyrocket from less than 1 USD in its first year to over 7,500 USD as of this writing. Bitcoin trading has become popular, and the number of merchants accepting bitcoin payment continues to increase in number around the world.

In hope of emulating bitcoin’s massive success, many cryptocurrencies have emerged. However, it may take an awful lot of time and effort to really snatch the top spot from bitcoin, which has a current market capitalization of 117.81 billion USD.

Indeed, bitcoin presents a great opportunity for traders and investors to earn large amounts of profits. Now you might be wondering how you can take part in this cryptocurrency market. Do you know that you can do it with forex brokers? In this blog, we’re going to provide you a simple guide on how to trade bitcoin with forex brokers especially in the UK.

Buy and sell bitcoin through a UK forex broker

The easiest way to start trading bitcoin in the UK is through ECN trading forex brokers. Yes, brokers nowadays not only offer forex trading to their clients, but also crypto trading. Of course, before investing, make sure that the broker of your choice is licensed to provide trading services in the UK.

There are a number of forex brokers operating in the UK, which are regulated by the FCA. The list includes the following:

Etoro: with over 10 million clients around the globe, etoro is regarded as a powerhouse when it comes to offering top quality trading services and products. With a minimum deposit of 200 USD, you can start your bitcoin trading journey with this forex broker, which is also popular for its social trading system.

FXTM: another reliable and regulated FX broker, FXTM clients enjoy low spreads and minimum commission fees on their cryptocurrencies trading. Aside from bitcoin, the company also supports other cryptos including litecoin and bitcoin cash.

Avatrade: this broker provides beginner-friendly trading conditions. With just a 100 USD minimum deposit requirement, you can kick start trading bitcoin with their solid trading platforms and affordable trading conditions.

Plus500: using a convenient platform, you can buy and sell bitcoin with plus500 fuss-free. Headquartered in london, plus500 shares in the main market of the london stock exchange in july 2018.

To start trading bitcoin with any of the above forex brokers, follow these 3 very simple steps:

Open an account

Verify your account

Start trading

Study bitcoin trading

Just like forex trading, bitcoin trading involves high risk as the crypto market can be so volatile and unforgiving. This is why before jumping into investing your hard-earned money, you will have to equip yourself with proper knowledge. Luckily, the internet is a huge repository of free information, and educational resources concerning bitcoin and the crypto market as a whole are available. Also, forex brokers actually provide their new and existing clients free resources as part of their marketing to entire more customers, so take advantage of these. Gather as much information as you can, on when is the best time to buy or sell bitcoin.

Be wary of bitcoin scams

The cryptocurrency market is also surrounded by a lot of scams just like the forex market and other financial markets. Be a diligent trader; always make sure that you are only transacting with authorized forex brokers. Some fraud happens on social media platforms where individuals offer their bitcoin trading service with guaranteed results, and even claiming that they represent a broker. Be mindful of these advertisements. Check your resources carefully, and be certain that the broker of your choice is authentic.

Best bitcoin brokers for litecoin trading

Here you find the best bitcoin trading platforms which support litecoin (LTC) – at a glance. Trade litecoin now with bitcoin or fiat money:

Current coupons:

Trade litecoin (LTC) with bitcoin or fiat currencies

In the table above you find all recommended and established international bitcoin brokers which support the BTC/LTC trading pair or even LTC-fiat currency pairs. Check out the listed sites in our broker reviews.

Before you start litecoin trading – learn more about it:

Litecoin is a peer to peer cryptocurrency introduced at the end of 2011 by the developer charlie lee on github as an open source fork of the bitcoin blockchain with some adjusted technical features. The litecoin blockchain has it’s own coins called litecoins (LTC) and its subunits called litoshis. One litoshi is 0.00000001 LTC.

Litecoin supply

The main difference compared to bitcoin is that the block generation time for litecoin is lower leading to faster transaction confirmation on the blockchain.

Additional the maximum supply of LTC is four times more compared to BTC. There is a total supply of 84 mln litecoin, from which at the moment there are 53 mln coins already mined and circulating.

Litecoin mining

Litecoins are mined through proof-of-work. The system is using a different hashing algorithm compared to bitcoin when verifying transactions on the blockchain. The mining of litecoin is based on the scrypt algorithm which requires more memory in the mining hardware compared to other cryptocurrency algorithms, like in the case of the SHA256 for bitcoin. However, LTC mining doesn't require such expensive specialized hardware as bitcoin and is generally still possible on home computers with powerful GPU. But it's already way more profitable for big mining farms, as the difficulty to mine LTC is also increasing.

Network speed

The transaction capacity is bigger for litecoin compared to bitcoin. This means that the network can process a block in every 2.5 minute compared to bitcoin’s 10 minutes which enables quicker confirmation of the transactions. At the same time this reduces the risk of a double spending incident due to decreasing the number of unconfirmed transactions on the blockchain.

Scalability of litecoin

Litecoin supports lightning network since summer 2017. Lightning network is like an extra layer above blockchains such as bitcoin and litecoin to enable scalability for more and faster transactions at low cost.

At the moment it is not possible to mix litecoins, which is a popular service among bitcoin users to provide higher level of anonymity.

Litecoin has an active developer team of about 13 people.

Litecoin price movement

After the initial release the litecoin price has been hoovering around 2-3 dollars for years. The first huge spike occured in the end of 2013, when the price climbed up to 37 dollars within couple of days. After that litecoin started to scroll off from the peak and by the end of 2014 it worth again only 3 dollars. The bottom of the decrease in value occured in january 2015, when one litecoin only worth 1.5 dollars. The price stagnated within the 3-5 dollars range up until 2017 when the segwit activation skyrocketed the price. Since the end of march 2017 the litecoin price surged to more than 50 dollars by the end of june.

Segwit was originally a protocol proposed for the bitcoin network, in order to solve the scaling problem of the block size. This is basically an upgrade in the software that will enable to increase the capacity of the blockchain network to process more transaction in shorter time. Segwit went live on the litecoin network on may 10th in 2017, which also was visible in terms of the price which double just days before the activation. Ever since then the protocol is working as expected enabling cheaper and quicker transactions compared to other blockchains.

The future of litecoin looks promising. The litecoin foundation released a road map in may 2017 about the future development milestones. The next big thing for litecoin will probably be the lightning network which is already under test phase. This new feature would let off-blockchain verification of blocks which could potentially disarrange the whole cryptocurrency world and can have a huge impact on the price as well.

Bitcoin broker platforms offering litecoin trading

Cryptopia

Cryptopia charges 0.2% trading fee for orders on litecoin.
Visit cryptopia website read cryptopia review

Avatrade

Avatrade sources the litecoin prices from BTC-e, the cfds follow the prices of the cryptocurrency, but you do not own litecoins directly. Avatrade charges the clients 0.30 USD over the market price.
Visit avatrade website read avatrade review

Etoro

Etoro does not charge fees for placing orders or maintaining the account. But they have a 5 USD inactivity fee and charge users for withdrawals..
Visit etoro website read etoro review

Fxopen

At fxopen the litecoin trading commission is 0.25% half-turn. FX open also charges 10 USD maintenance fee on inactive accounts.
Visit fxopen website read fxopen review

Bittrex

Bittrex charges a fixed 0.25% trading fee on each litecoin order. Withdrawals are free of charges, you only have to pay the transaction fee to the network.
Visit bittrex website read bittrex review

Kraken

Kraken has a flat 0.02 LTC as fee for withdrawing funds from the account. Trading fees ranges between 0.00% and 0.26% and set according to the maker-taker schedule based on volumes traded on the platform. Simple order costs 0.26%, advanced order types you can only pay 0.16% as market maker.
Visit kraken website read kraken.Com review

GDAX applies a maker-taker fee schedule for litecoin trading. Maker fees are 0%, taker fees are between 0.1% and 0.3% based on the last 30 days of trading volume on the platform.
Visit gdax website read GDAX.Com review

Poloniex

Poloniex employs a volume based maker-taker fee schedule. Fees ranges between 0.00% and 0.25% depending on the last 30 days of trading volume on the account.
Visit poloniex website read poloniex review

Best litecoin (LTC) brokers

Infrastructure redundancy – hardware, software, and connectivity

Reliable and smart order execution

Robust and proven trading platforms

Deep liquidity pools

Choosing a respected litecoin broker

Ready to turn litecoin trading ideas into cash? Check out these reputable forex brokers who offer easy-to-trade litecoin contracts for difference (cfds):

Top litecoin brokers

Zero commission and no withdrawal fees

No deposit required – $25 award

Numerous trading tools

Free trading webinars

Speedy trade execution

Unique openbook social trading platform

Trade cryptos 24/7, 365 days a year

Copy professional traders’ crypto trades

Trade cryptos with 1:1 leverage

Positions stay open overnight and over weekends

5:1 leverage on litecoin

Use metatrader4 or avatradeact

Use autochartist (award-winning technical analysis tool)

Why trade litecoin?

The price of litecoin has grown exponentially in a really short time, surpassing the highest expectations. Besides yielding unheard-of returns, trading litecoin offers the following advantages:

Big potential as a valuable safe haven asset and hedge against the failure of fiat currencies, governments, and central banks

A dynamic way to diversify investment portfolios

The fourth largest market capitalization among cryptocurrencies

Traded around the clock, 365 days a year

One of the world’s most liquid cryptocurrencies

How to trade litecoin – A swift guide

Litecoin is traded on the above-mentioned forex brokers’ trading platforms with contracts for difference (cfds). It’s just as simple as trading other financial instruments like commodities, indices, and forex currency pairs. When
trading litecoin, you can also use a stop loss, take profit, and any of the different entry orders offered by these brokers. A safe way to trade litecoin is with low leverage or zero leverage.
Buy-and-hold trading strategies have performed really well in the litecoin market. Of course,
short-term trading strategies can also be successfully implemented on this powerful and unique cryptocurrency.

Best cryptocurrency brokers for 2021

Daniel ‘harris’ major

I have tested 40+ crypto brokers. You can find the best cryptocurrency brokers below. This is by far the easiest way to get started with cryptocurrencies.

Cryptocurrency trading has become really popular in the past years. It’s growing more ever year.

Many big trading brokers have already added some of these cryptocurrencies. Everybody can sign up and start trading bitcoin or other crypto coins. This is the easiest and probably the simplest way to invest in cryptocurrency.

After trying out most brokers, here are the best cryptocurrency brokers:

Best cryptocurrency brokers (non-US traders only)

Plus500 – top rated trading platform

Plus500 is a big name in the trading industry. They have a really low minimum deposit requirement and a great trading site.

Buy/sell cfds on bitcoin in addition to buying stocks, commodities, forex etc (traded only through cfds). Plus500 is the most complete trading platform.

Trade cfds on bitcoin & many other cryptos

Minimum deposit is only $100

Regulated and trusted platform

Very fast signup process

Live chat

Many payment methods (even paypal)

You cannot withdraw any cryptocurrency

You have to complete a questionnaire, upon sign up

Plus500 disclaimer: 76.4% of retail CFD accounts lose money.

IQ option – lowest minimum deposit ($10)

If you don’t want to make a huge initial investment, then IQ option is the best broker for you. The minimum deposit requirement is only $10. This is by far the lowest in the industry.

You can trade many cryptocurrencies

Minimum deposit is only $10

Best trading platform

Multiple account currencies

Free demo account

Regulated by CYSEC (#247/14)

Etoro – top crypto broker

Etoro is a really popular trading site. They have been around since 2006. Etoro is regulated by CYSEC, FCA and ASIC.

Buy/sell bitcoin on etoro in addition to buying stocks, commodities, forex etc. Etoro is the most complete trading platform.

Trade bitcoin & many other cryptos

Minimum deposit is $200

Regulated and trusted platform

Australian traders are also accepted

Great support team

Many payment methods (even paypal)

You cannot withdraw any cryptocurrency

You have to complete a questionnaire, upon sign up

Etoro disclaimer: 71% of retail CFD accounts lose money.

Highlow – best all-round crypto broker

Due to regulation highlow stopped accepting traders from the EU and UK.

Highlow is an australian trading broker (AFSL no.364264). What I like most about this broker is the intuitive platform. It is so easy to use. Especially new traders will like the clean layout.

I’ve been using highlow for a few years now and I never had a problem. Highlow publishes their number of trades on the homepage. There are millions of trades on this broker each month.

I use the main platform which is web based. This means, that you don’t have to download any software. This platform is stable and safe (they use SSL).

I have also tried the ios app and the android app. They are great, but I just don’t like trading on smartphones in general.

The payouts on highlow are amazing (up to 200%, which is more than on other brokers).

Highlow is a great broker for cryptocurrencies (but only if you are not from EU,UK, US). They have a good reputation, great support team and awesome promotions for new traders.

Trade bitcoin & other cryptos

Minimum deposit is only $50

Regulated and trusted platform

Fastest signup process (no questionnaires)

Multiple account currencies

Free demo account (no registration needed)

Nadex – US traders welcome

Nadex is a CFTC regulated broker. In fact, this is probably the only US broker that has this regulation.

Only US traders are allowed on nadex. Non-US traders check out the next broker.

Update OCTOBER 2019: looks like nadex removed crypto trading. After contacting them I found out that they will add it back soon. Register on nadex now and get updated when they add it.

Recently, nadex started offering bitcoin trading.

Trade bitcoin, forex or binary options

Minimum deposit is $250

CFTC regulated broker

Great support team

Many payment methods (even paypal)

Crypto brokers with most cryptocurrencies

Here are the most popular cryptocurrencies offered by cryptocurrency brokers:

Etoro – bitcoin, ethereum, litecoin, dash, ethereum classic, NEO and ripple.

Plus500 – bitcoin, ethereum, litecoin, bitcoin cash, ripple, IOTA.

Avatrade – bitcoin, ethereum, ethereum classic, ripple, dash, bitcoin cash litecoin, monero and NEO.

Lowest minimum deposit brokers

These are the best brokers with low minimum deposit requirements:

Etoro – $200

Plus500 – $100

Avatrade – $100

This is really important because the crypto market itself is unregulated. Depositing on a regulated broker means that your money is safe.

We’ve also looked at the support team and the payment methods. You can deposit easily using multiple payment methods on the brokers below.

Top rated brokers that have cryptocurrencies

While we are all familiar with the broad definition of a broker, is there something more to it when it comes to cryptocurrencies?

Simply put, a cryptocurrency broker refers to a website that traders will visit to trade cryptocurrencies at a set price. In many ways, they are similar to forex brokers whose services are a lot more familiar to the general public.

Etoro disclaimer: 71% of retail CFD accounts lose money.

You still can’t decide which broker is best for you?

How to choose your cryptocurrency broker

Is leverage really necessary? Cryptocurrency markets are volatile in nature with prices fluctuating immensely thereby generating high profits even in the absence of leverage. But for some traders, the desire for more earnings justifies the use of leverage.

Before choosing your broker, settle yourself on whether the already immense profits that come from a cryptocurrency market are enough for you or you would like to use leverage to enhance them even further, bearing in mind, of course, that will also significantly increase the risk factor to your funds.

Negative balance protection: it is always advisable to trade with a broker that affords the negative balance protection facility. That way, you will never be at risk of losing more than what you invested in case you sustain very heavy losses.

How suitable is the required capital for you? This is another subjective part to your decision. Do you prefer trading with a small capital or bigger one to help you zero in on bigger returns? Find out what size trades your broker is offering before you open an account.

Narrow spreads for the win: let us be honest, it is only fair that your broker gets a cut from the money you generated having provided you with the essential facilities for it and all. But let us be honest, you definitely want every last dime for yourself.

A spread refers to the difference between the buying price and selling price of a trade and it varies with each broker. The spread is what counts as fees for your broker so the smaller it is, the lower the cost will be on your part.

Lets go into what aspects you as a trader must consider when choosing a broker to trade cryptocurrencies.

Which cryptocurrencies are you interested in trading?

Make sure you have decided on which cryptocurrencies you want to trade in before signing up with your broker.

If your choice is a prominent cryptocurrency like bitcoin (official site), litecoin (official site), or ethereum(official site), there will be a relatively broad availability of brokers that have trading options for those. However, less prevalent examples like monero, IOTA, or zcash may be a little harder to come by.

So study the cryptocurrencies being offered by a broker before you sign up for an account.

Pros and cons of cryptocurrency brokers

Here are some features that these broker have or don’t:
pros

Signup up with a crypto broker is probably the fastest way to get started with cryptocurrency trading

If you are less tech-savvy then a broker is safer for you

You can start buying cryptocurrency while traditional exchanges don’t always accept this payment method

Most of the time you can’t withdraw cryptocurrencies from a broker. You have to exchange it back to fiat money (USD/EUR etc.)

Cryptocurrency brokers – what to look for

Here are some of the more understated details about your cryptocurrency broker that could make your trading experiences so much more efficient and successful.

1. What are the weekend hours like?

This is a key detail that distinguishes cryptocurrencies from other prominent trading markets like forex, futures, and equity. Cryptocurrency brokers operate during the weekends as well.

There is virtually no difference in purchasing bitcoin at the end of the week as opposed to the middle of the week during peak hours.

But there is a catch. While digital currency exchanges are available during the weekend, your broker may not (why is the stock market closed on the weekend?). So in effect, if there is considerable movement within your relevant cryptocurrency market during a weekend when your broker is not operating, you may not have the ability to respond in any way.

2. How is it hedging?

Your broker is probably not keen on revealing if it is hedging cryptocurrency traders but it is important information for you to know.

Why is it so important for you to know?

Because, as a trader, you want to be absolutely in the clear regarding the policies for risk management being followed by your broker. Let us not forget that cryptocurrency markets are extremely volatile and an unhedged broker is more easily prone to major losses incurred by its clients. Naturally, those costs will warrant compensation via fatter spreads and additional costs for traders. It will be best to sign up with a broker that will not withhold the relevant information from you.

More great features you could be interested in

Commissions and trading on margin – an important thing to note while trading cryptocurrencies is that their prices tend to be more similar to equities than they are to real currencies. So your broker could be charging you commissions in addition to a wide spread on each trade. That, of course, raises the cost probably a bit much for your liking.

Another similarity with equities is that the margin conditions with cryptocurrencies are significantly more than they are with forex or cfds. Consequently, leverage is usually up to 10x. How considerable the margin rate will be for traders is down to what trading strategies and risk management they subscribe to.

Authenticity of market data – aside from merely evaluating how it influences spreads, market data for cryptocurrency CFD prices can be a good indicator of how the quality of the product will be in the future.

One of the more recent examples of this is BTC-e which was an immensely popular platform for trading bitcoin before it was shut down by feds. BTC-e was the first bitcoin exchange to incorporate forex trades and so made their exchange accessible via MT4 and supplied cryptocurrency liquidity for brokers.

But once it was shut down, every broker that depended squarely upon BTC-e was left with no hedging options or market data to put a price on its crypto cfds.

Are short sales available? For many traders, shorting is a crucial strategy option, the lack of which can be a deal breaker with a potential broker. Many brokers tend to offer ‘long’ only since there are only a few hedging solutions when opening short trades.

As you see, investing in cryptocurrencies can be a truly lucrative venture for you but only if you get it right.

And a lot of that is down to which broker you decide to trade with.

Ready to start trading?

Trade with the cryptocurrency brokers listed above to make sure that your money is safe, you pick a broker with a stellar reputation and you keep the fees low. Excel at trading bitcoin by creating your own trading strategy.

These cryptocurrency brokers make it really easy to trade bitcoin and other coins. You don’t have to be a trading expert. It helps if you know what a blockchain is or how the ledger and transactions work, but this is all optional.

Litecoin day trading 2021 – tutorial and brokers

Litecoin is one of the most popular cryptocurrencies used by day traders, as there is plenty of trade volume and price swings to profit from. Litecoin uses open source software to create a peer-to-peer cryptocurrency and has surged in trading popularity in recent years, gaining the nickname of bitcoin’s little brother. This page will examine all elements of day trading litecoin, including its history, current price predictions, important news, charts, mining, and wallets.

Litecoin brokers in the united kingdom

What is litecoin?

The straightforward definition is that litecoin (LTC) is a digital currency that allows instant, low-cost payments to anybody in the world. The global payment network does not rely on any central authorities, such as a bank. Instead, complex maths creates a secure network that ensures rapid transaction times and impressive storage efficiency.

Its value has been tied to the increasing popularity that blockchain technology has enjoyed in recent years. It has also secured significant industry support while enjoying substantial trade volume and liquidity.

History

Litecoin day trading through exchanges is accepted as normal today. However, it was only released via an open-source client on github on october 7th, 2011. The founder was a former google employee by the name of charlie lee. His network went live on october 13th and was a hard fork of the bitcoin more client.

At that time it offered a reduced block generation time of 2.5 minutes, a seriously increased total maximum number of coins, plus a different hashing algorithm, known as scrypt.

The timeline below should paint a clearer picture of litecoin’s rise:

In november 2013, the value of this cryptocurrency grew as much as 100% in single 24 hour periods.

April 2017 saw it became the first of the top five cryptocurrencies to adopt segregated witness.

In may of 2017, the first lightning network transaction took place using litecoin. 0.00000001 LTC was transferred from zürich to san francisco in less than a second.

Litecoin reached its all-time highest price of $360.93 on december 18th, 2017. Compare that to its value of $4.40 a year beforehand and you realise the magnitude of the 8200% rise.

February 2018 saw alza, a key player on the EU online retail scene accept litecoin as a legitimate payment method.

Benefits

It is perhaps unsurprising to see the staggering price history of this cryptocurrency when you consider its numerous benefits, including:

Speed – part of its potential comes as a result of the advanced open-source technology it uses. LTC generates blocks four times faster than BTC, while also confirming the legitimacy of transactions much faster.

The number of coins – the limited supply of cryptocurrency is part of the allure. Litecoin can reach the 84 million level, while some competitors can reach just half. This means there are plenty of litecoins for aspiring day traders to play around with.

Market capitalisation – whilst its long-term outlook may be uncertain, the current huge market capitalisation it boasts ensures liquidity and profit potential for investors and traders. In fact, litecoin so far has consistently remained in the top five rankings.

Atomic swaps – atomic swaps enable the cross-chain exchange of coins without using a third party. For example, if jack wanted to swap 1 ethereum for 4 litecoins, he’d usually go to an exchange, incurring fees. However, atomic swaps allow him to swap his 1 ethereum with olivia, who was looking to swap her 4 litecoins anyway, without either having to pay anything.

Accessibility – A lot of litecoin’s initial expected growth was born from its straightforward accessibility. You can buy and store these cryptocurrencies, whether you are from india and japan or the UK and US. You also have a number of investment vehicles to choose from, including etfs and futures trading.

Drawbacks

Unfortunately, however, the outlook for this cryptocurrency has been hindered by several factors, including:

Strength – some digital currencies suffer a setback and swiftly recover. Litecoin, on the other hand, ends up on life support with prices dropping whenever negative discussions surface.

Competition – there are a huge number of other altcoins available. This makes distinguishing itself amongst so many competitors extremely challenging. Not to mention, some argue litecoin hasn’t adequately explained what is so unique that they offer.

Liquidity – it simply isn’t as liquid as ripple, for example. It hasn’t been adopted by as many businesses. This can all result in negative projections that lead to a fall in rates.

Uncertain future – it is hard to say with certainty whether litecoin is worth investing in. Forecasts today do not necessarily reflect its future value. Nobody is even sure whether cryptocurrency as a concept will survive in the long run or whether it’s just a bubble. This all makes it impossible to find an accurate long-term profit calculator.

Mining litecoin

Head over to forums and blogs and you quickly realise not everyone is interested in day trading litecoin. Some are concerned with setting up a GPU mining rig instead.

Essentially, each time a transaction is made, it is grouped with other transactions that have been submitted within one of the recently submitted cryptographically-protected blocks. Computers (miners) then use GPU and/or CPU cycles to solve complex mathematical problems. This process passes data within a block of algorithm until their collective power finds a solution. It is at this point that the transactions within that block are stamped as verified.

Mining hardware and software offers another significant benefit. Each time a block is solved, a certain number of coins is distributed among those who helped solve the problem. Naturally, those in the mining pool that contributed the most will get the majority share.

Of course, you can encounter mining difficulty. For example, the algorithm used is known as scrypt, which is extremely memory-intensive. As a result, you need to ensure you have the right hardware to meet the specifications for producing litecoin. In addition, it is worth bearing in mind the cost of electricity. GPU miners, for example, require a tremendous amount of electricity to power their rigs.

Due to increasing popularity, you can now find information on mining calculators and apps from a range of online resources. A quick internet search will also bring up a list of cloud mining explorers.

How to buy & store litecoin

Before you can start conducting price analysis and decide whether to buy or sell, you will need to find a place where you can store your litecoins.

Unsurprisingly, since its introduction to coinbase, litecoin has seen a substantial rise in value. However, you can also buy litecoins from other exchanges, including:

BTC-e

Kraken

Cryptsy

Hardware wallets

Once you have purchased your litecoins, you will also need to store them somewhere, such as a hardware wallet. These straightforward physical devices come in several forms. However, the USB stick style is preferred by many.

Yet even these wallets come with risks. There is the danger that the provider has logged all the private keys and could raid wallets at a later date. Alternatively, lapses in security could open you up to the risk of having your cryptocurrency coins hacked. One useful tip for remaining secure is to avoid using a pre-owned wallet altogether.

A couple of hardware wallets that come with positive user reviews are:

Trezor

Ledger nano S

Desktop wallets

A desktop wallet is a type of hot wallet. You can download and install one on a single computer, which is then only accessible from that device. Arguably it is more secure than an online wallet. However, they can prove inconvenient because you can only access your capital if you are on that specific device.

One of the top choices for desktop wallets is now exodus. They support multiple cryptocurrencies, including litecoin.

Mobile wallets

Mobile wallets are another type of hot wallets where you can store your cryptocurrency while you make your 2021 forecasts and speculation. You simply need to download an app to your phone and then you can access your crypto capital with ease. Mobile wallets can be a good choice for those who like to trade while on the move.

Paper wallets

The final option for storing your litecoin is a paper wallet. This is an offline cold storage technique for storing your cryptocurrency. You print your public and private keys onto paper which you then store in a safe place. The keys are stored in QR codes, which you can scan for future transactions.

For those concerned with security and control, a paper wallet is a sensible choice. Your information is away from the reach of hackers and you have total control over that paper.

Video – what is litecoin?

Litecoin day trading tips

Below you will find a number of useful tips you can use to help you assert a competitive edge when trading litecoin.

1. Daily chart consolidation

Price charts and volume graphs are fantastic tools you need to harness. Historical prices can show you why litecoin may have started falling in the past, so you can better predict when they will again in the future.

Cryptocurrencies often spike during periods of consolidation where, litecoin, for example, will trade within a relatively tight price range. With this type of environment, litecoin will normally have attractive follow through after a range is broken. So, to get the best entries, try to align patterns on your daily candlestick charts with your intraday time frame.

2. Be patient

Once you have confirmed a breakout on the daily, you must find a safe entry in a shorter time frame. 15-minute charts are often recommended.

You don’t necessarily want to buy on the break of a resistance level just because you see a breakout on a daily. You can enter safely if you have a pattern to back up your position. So you may want to wait for a pullback after that first push. This may give you a better risk-reward ratio, as well as lower prices.

You will often find it is easier play the pullback following a big move, rather than attempting to anticipate a breakout. Cryptocurrencies, including litecoin, do not usually head straight up without first taking a break.

3. Have a strong exit plan

You need to ensure you have an effective exit plan once you have identified a good entry. Try to base your exits around daily and intraday resistance levels. With litecoin, it helps to scale out into strength because it is so volatile that an unrealised gain can swiftly transition into a loss if you’re not careful.

An exit strategy where you sell your whole position when your target is hit could be worth considering. Alternatively, you might want to scale out in sections into the spikes, while retaining a quarter of your stocks for the larger move.

Scaling out can be great for beginners, in particular, as it prevents emotions persuading you to hold onto a position too long.

4. Get educated

There are a whole host of resources available to aspiring litecoin day traders. Informative websites can help you get to grips with blockchain technology. Most brokers also provide a range of research materials, as well as displaying prices live and litecoin to dollar (USD) exchange rates.

In addition, check the latest news for expected prices for today and longer-term expectations. Websites such as yahoo finance often provide market updates and local analysis too. Training videos, webinars, tutorials and books are also easily accessible and can help with your litecoin trading development.

You can also see our strategies page for guidance on how to capitalise on market opportunities.

Final word on litecoin

If you’re looking to become a cryptocurrency millionaire and feature on that rich list you’ll need to decide which digital currency you’re going to start day trading in. Litecoin appeals for a number of reasons, including speed, volume and market capitalisation.

However, volatility and news announcements can send the price of these coins plummeting and could lead to a crash. Therefore, caution must be taken when day trading with litecoin or any other cryptocurrency.

For more information, other crypto options and forecasts for 2021, see our cryptocurrency page.

Iqoption litecoin trading

IQ option has made quite a good reputation for itself over the years. In the beginning, they just offered binary options and forex trading. Now, IQ option has expanded its selection of cryptocurrencies. Since bitcoin, ripple, litecoin, dash, and others started to be traded online, IQ option belongs to the most popular cryptocurrency trading providers.

Regulated & serious provider

Bitcoins, ethereum, litecoin, ripple

Trading cryptocurrencies

Low fees

Mobile app

Trading possible starting from €10

General information

IQ option was founded in 2013. The company is regulated by the financial supervisory authority cysec. This government agency ensures that the provider always operates in a fair and transparent manner. IQ option is very popular thanks to their low fees and very clear platform. By now, the company has more than 15 million users. Through their sponsorship deal with aston martin racing, IQ option has by now also established a reputation outside of trading.

IQ option is an active sponsor in motor sports

Trade offering

Without a doubt, IQ option offers one of the broadest ranges of cryptocurrencies. Aside from bitcoins, you can also trade ethereum, litecoin, and ripple. The IQ option platform is very clearly structured; beginners will surely quickly figure out how everything works. This also applies to the mobile app, which additionally allows for mobile trading.

IQ option also offers trading in binary options and cfds. As such, various raw materials such as gold as well as funds, indexes, and shares can be traded using the platform. Trading professionals are sure to see all their demands met as well with IQ option.

Cryptocurrencies with IQ option

Opening an account and account types

It is very easy to open an account with IQ option. You can directly make a deposit after registering. Subsequently, you can start trading in cryptocurrencies such as bitcoin. A simple €10 deposit suffices to open an account. This low deposit amount is highly unusual and particularly benefits beginners. However, one might ask the question if it even makes sense trading with such low amounts. Usual deposit amounts for cryptocurrency trading range from €1,000–€5,000.

Deposits can be made with all established payment methods. The same applies to withdrawing money from your account. IQ option stands out by quick pay-outs.

Safe trading with the provider

IQ option is headquartered within the EU. The operations of IQ option are therefore regulated by the regulatory authority cysec. Safe trading is also guaranteed by the extensive information and training material IQ option offers to its registered users. The information material is structured such that beginners also quickly reach a certain level of knowledge. Various video tutorials are available to make it easier to begin trading. A lot of information is additionally available in german.

Customer service

Users can directly and easily contact IQ option with any questions they might have via email. The customer service also offers german-language support and usually responds within 24 hours. The platform has recently started offering a support chat to directly clear up any issues.

Bottom line

With 15 million customers, IQ option certainly ranks among the market leaders. A very clear platform as well as transparent and professional behaviour towards users set IQ option apart. It is very easy to trade bitcoins, without wallet. Good customer services and many supported payment methods are further advantages.

Compare the best bitcoin brokers

Where can I find the best bitcoin brokers?

Right here. We have reviewed all the best and most reliable bitcoin trading platforms out there to help you buy bitcoin. Have a read through our reviews and see what you think. If you’re not ready just yet, scroll down and continue reading to learn more about choosing the best bitcoin broker.

Access the world’s most popular crypto assets including bitcoin, ETH, LTC, XRP

Automatically copy the trades of top crypto traders

Deposit using paypal + 9 other deposit options available

Access the world’s most popular crypto assets including bitcoin, ETH, LTC, XRP

Automatically copy the trades of top crypto traders

Deposit using paypal + 9 other deposit options available

10+ of the most popular cryptos available to buy and sell like BTC, XRP, ETH

Store cryptos in our digital wallet

Super fast deposits and withdrawals

10+ of the most popular cryptos available to buy and sell like BTC, XRP, ETH

Store cryptos in our digital wallet

Super fast deposits and withdrawals

Margin trading with full legal compliance

Various payment options

Margin trading with full legal compliance

Various payment options

Safe & secure cryptocurrency exchange

Liquidity accepted in over 200 countries

Safe & secure cryptocurrency exchange

Liquidity accepted in over 200 countries

Fully automated platform with instant transactions

A wide variety of payment options

Fully automated platform with instant transactions

A wide variety of payment options

Live support in 23 languages

Secure and easy to use with fast KYC process

Live support in 23 languages

Secure and easy to use with fast KYC process

What is a bitcoin broker?

A bitcoin brokerage is a middleman for buying and selling bitcoin. In the same way that you’d use a bureau de change at an airport to exchange your currency to another, a broker is a company that will buy and sell bitcoin at a fixed price. Bitcoin brokers are also one of the only options that allow you to buy a very large amount of bitcoin at a time (for instance if you want to invest £50,000 or more).

How do brokerages work?

Brokers or trading platforms allow you buy bitcoin at a set value, which the platform or broker holds for you. Technically, using this method you do not own the coin itself, rather you own the value-change of it. Therefore, its a trade. If you buy bitcoin at £1,000 and it goes up to £1,100, you could sell it and keep the extra £100. Simple really.

How do I use a bitcoin broker?

It’s easy. Just go to the broker site and it will have the current rate at which they’re selling bitcoin displayed. If you’re happy with the bitcoin price then set up an account, select how much you want to buy, then enter your payment details and get moving.

What should I look for in a broker?

Design and ease of use

The purpose of a broker is to make the process of buying bitcoin easier. You want to make sure the bitcoin broker is designed in such a way as to make it as simple as possible for you to navigate through and make your BTC purchases.

Price

Different bitcoin brokers will charge a different amount for buying bitcoin, as any commission charged by a platform will be included in the price listed, referred to as spread. To find the best rate it’s a good idea to compare multiple platforms.

Payment charges

You want to make sure you’re getting a good deal on your purchase. Depending on the platform and your chosen payment method, there could be fees of 0% to 5% of the purchase amount, with credit card being the most expensive option.

Reputation

You will want to be sure you are sending your money to a company that will not disappear with your cash. In the UK, brokers must be regulated so look out for this when reading reviews. There are many platforms that have been around for a while and have good reputations. Some of the common options you should consider include etoro and coinmama.

Variety of coins

If you want to buy more than just bitcoin, you can find brokers with a range of cryptos. Platforms will usually offer all the top coins, and will often be more than happy to assist you in buying.

Do I have to verify my identity?

Yes, you have to verify your identity to register with a bitcoin broker. Usually you’ll have to provide proof of your ID (such as a passport and a driving license) and address (such as a utility bill or bank statement). Typically you’ll have to provide a selfie of you holding your photo ID to prove it’s yours.

What’s the difference between a bitcoin broker and an exchange?

On a bitcoin exchange you buy and own bitcoin directly from other people, it’s peer-2-peer, whereas with a broker you’re buying the value of the coin from the platform. Exchanges are much more complicated to use as they have cryptocurrency price charts and constantly refreshing order lists; there’s a huge learning curve. A broker platform however handles the whole process for you and provides a fixed price.

Do brokers charge commission or fees for buying bitcoin?

Yes, but these are included in the BTC price displayed. The price advertised is the price you pay, without any percentage commission being added when you’re entering your details. The only additional fees will be if a platform charges a fee for specific payment methods (e.G. Credit cards).

Can I buy multiple cryptocurrencies through a broker?

Yes, most brokers sell a variety of cryptocurrencies, including the major coins such as bitcoin, bitcoin cash, ethereum, litecoin, and ripple at the very least.

Do I need a wallet to use a bitcoin broker?

No, as the platform holds all values for you.

Should I use brokers to buy and sell bitcoin?

Well, it depends. If you want an easy and seamless way to capitalise on the growth and price fluctuations of bitcoin, this is the best and most simple option. If however you’re looking to hold your bitcoin personally; to use, spend or otherwise – then an exchange is the better option.

Best cryptocurrency brokers for 2021

Daniel ‘harris’ major

I have tested 40+ crypto brokers. You can find the best cryptocurrency brokers below. This is by far the easiest way to get started with cryptocurrencies.

Cryptocurrency trading has become really popular in the past years. It’s growing more ever year.

After trying out most brokers, here are the best cryptocurrency brokers:

Best cryptocurrency brokers (non-US traders only)

Plus500 – top rated trading platform

Plus500 is a big name in the trading industry. They have a really low minimum deposit requirement and a great trading site.

Buy/sell cfds on bitcoin in addition to buying stocks, commodities, forex etc (traded only through cfds). Plus500 is the most complete trading platform.

Trade cfds on bitcoin & many other cryptos

Minimum deposit is only $100

Regulated and trusted platform

Very fast signup process

Live chat

Many payment methods (even paypal)

You cannot withdraw any cryptocurrency

You have to complete a questionnaire, upon sign up

Plus500 disclaimer: 76.4% of retail CFD accounts lose money.

IQ option – lowest minimum deposit ($10)

If you don’t want to make a huge initial investment, then IQ option is the best broker for you. The minimum deposit requirement is only $10. This is by far the lowest in the industry.

You can trade many cryptocurrencies

Minimum deposit is only $10

Best trading platform

Multiple account currencies

Free demo account

Regulated by CYSEC (#247/14)

Etoro – top crypto broker

Etoro is a really popular trading site. They have been around since 2006. Etoro is regulated by CYSEC, FCA and ASIC.

Buy/sell bitcoin on etoro in addition to buying stocks, commodities, forex etc. Etoro is the most complete trading platform.

Trade bitcoin & many other cryptos

Minimum deposit is $200

Regulated and trusted platform

Australian traders are also accepted

Great support team

Many payment methods (even paypal)

You cannot withdraw any cryptocurrency

You have to complete a questionnaire, upon sign up

Etoro disclaimer: 71% of retail CFD accounts lose money.

Highlow – best all-round crypto broker

Due to regulation highlow stopped accepting traders from the EU and UK.

Highlow is an australian trading broker (AFSL no.364264). What I like most about this broker is the intuitive platform. It is so easy to use. Especially new traders will like the clean layout.

I’ve been using highlow for a few years now and I never had a problem. Highlow publishes their number of trades on the homepage. There are millions of trades on this broker each month.

I use the main platform which is web based. This means, that you don’t have to download any software. This platform is stable and safe (they use SSL).

I have also tried the ios app and the android app. They are great, but I just don’t like trading on smartphones in general.

The payouts on highlow are amazing (up to 200%, which is more than on other brokers).

Highlow is a great broker for cryptocurrencies (but only if you are not from EU,UK, US). They have a good reputation, great support team and awesome promotions for new traders.

Trade bitcoin & other cryptos

Minimum deposit is only $50

Regulated and trusted platform

Fastest signup process (no questionnaires)

Multiple account currencies

Free demo account (no registration needed)

Nadex – US traders welcome

Nadex is a CFTC regulated broker. In fact, this is probably the only US broker that has this regulation.

Only US traders are allowed on nadex. Non-US traders check out the next broker.

Update OCTOBER 2019: looks like nadex removed crypto trading. After contacting them I found out that they will add it back soon. Register on nadex now and get updated when they add it.

Recently, nadex started offering bitcoin trading.

Trade bitcoin, forex or binary options

Minimum deposit is $250

CFTC regulated broker

Great support team

Many payment methods (even paypal)

Crypto brokers with most cryptocurrencies

Here are the most popular cryptocurrencies offered by cryptocurrency brokers:

Etoro – bitcoin, ethereum, litecoin, dash, ethereum classic, NEO and ripple.

Plus500 – bitcoin, ethereum, litecoin, bitcoin cash, ripple, IOTA.

Avatrade – bitcoin, ethereum, ethereum classic, ripple, dash, bitcoin cash litecoin, monero and NEO.

Lowest minimum deposit brokers

These are the best brokers with low minimum deposit requirements:

Etoro – $200

Plus500 – $100

Avatrade – $100

This is really important because the crypto market itself is unregulated. Depositing on a regulated broker means that your money is safe.

We’ve also looked at the support team and the payment methods. You can deposit easily using multiple payment methods on the brokers below.

Top rated brokers that have cryptocurrencies

While we are all familiar with the broad definition of a broker, is there something more to it when it comes to cryptocurrencies?

Etoro disclaimer: 71% of retail CFD accounts lose money.

You still can’t decide which broker is best for you?

How to choose your cryptocurrency broker

Lets go into what aspects you as a trader must consider when choosing a broker to trade cryptocurrencies.

Which cryptocurrencies are you interested in trading?

Make sure you have decided on which cryptocurrencies you want to trade in before signing up with your broker.

So study the cryptocurrencies being offered by a broker before you sign up for an account.

Pros and cons of cryptocurrency brokers

Here are some features that these broker have or don’t:
pros

Signup up with a crypto broker is probably the fastest way to get started with cryptocurrency trading

If you are less tech-savvy then a broker is safer for you

You can start buying cryptocurrency while traditional exchanges don’t always accept this payment method

Most of the time you can’t withdraw cryptocurrencies from a broker. You have to exchange it back to fiat money (USD/EUR etc.)

Cryptocurrency brokers – what to look for

Here are some of the more understated details about your cryptocurrency broker that could make your trading experiences so much more efficient and successful.

1. What are the weekend hours like?

This is a key detail that distinguishes cryptocurrencies from other prominent trading markets like forex, futures, and equity. Cryptocurrency brokers operate during the weekends as well.

There is virtually no difference in purchasing bitcoin at the end of the week as opposed to the middle of the week during peak hours.

2. How is it hedging?

Your broker is probably not keen on revealing if it is hedging cryptocurrency traders but it is important information for you to know.

Why is it so important for you to know?

More great features you could be interested in

But once it was shut down, every broker that depended squarely upon BTC-e was left with no hedging options or market data to put a price on its crypto cfds.

As you see, investing in cryptocurrencies can be a truly lucrative venture for you but only if you get it right.

And a lot of that is down to which broker you decide to trade with.

Ready to start trading?

So, let's see, what we have: don't miss out on the hype! Find the best places for litecoin trading online and compare fees, commissions, promotions and features all in one place! At litecoin broker