Litecoin has established itself as the leading competitor to Bitcoin, and now you can trade this exciting digital currency with Cryptmixer. When you trade Litecoin as a with Cryptmixer you can trade long or short (buy or sell) instantly, so you can act on your analysis whether you’re optimistic or cynical about the future of digital currencies. Cryptmixer is an industry-leading broker with some of the best trading conditions available, including the lowest crypto spreads on the market.
- Trade Litecoin with low fees of 0.05%
- Trade wherever you are with our free tablet and mobile apps
- Enjoy the security of trading with a regulated exchange
- Get live support in your language whenever the markets are open via email
- The Litecoin market is available to traders 24/7, for maximum convenience.
Cryptmixer is an industry-leading broker with some of the best trading conditions available, including the lowest crypto spreads on the market.
What is Litecoin?
Litecoin is an open-source internet currency that allows for instant, near-zero cost peer-to-peer payments across the world. The Litecoin blockchain is capable of handling higher transaction volumes, unlike its forefather the Bitcoin.
This is mostly due to it’s more frequently generated blocks, where the network supports more transactions without the need to modify any future versions of the software. As a result, merchants gain faster payment confirmations.
The Science of Litecoin
Electronic mining of Litecoins started by allocating miners 50 new Litecoins per block. This amount was halved every four years or approximately every 840,000 blocks. Currently, miners get 12.5 Litecoins reward per block. This will go down to 0 by approximately 2042. The network for the Litecoin is set to produce 84 million Litecoins, which equals up to 4 times the amount of Bitcoin units.
The distribution of Litecoins is done by wallet encryption that secures the safety of the coins as well as allows you to view your transactions.
Why Trade Crypto CFDs With Cryptmixer?
- Uncompromised Safety — With 7 regulatory authorities and segregated accounts, your money is protected at all times.
- Many Cryptos to Choose From — Trade on the wide variety of cryptos available on our trading platforms.
- No Hidden Fees — We offer 0.05% commissions!
- Crypto Never Sleeps — Cryptmixer is one of the few brokers to offer around-the-clock service and support in 15 languages.
- Trade Cryptos Against Other Cryptocurrencies — Unlike many exchanges out there, who are restricting their clients to trade only Crypto to fiat, you enjoy the low fees across all available currencies
✅ Why Cryptmixer make sense for Trading Litecoin?
You can trade Litecoin in both rising and falling markets, unlike if you were trading the actual asset. In addition, you can gain exposure with a lower amount of capital and benefit from:
- Security — You don’t have to worry about your Litecoins being stolen. Cryptmixer is a backed up service. Your potential profits are based on the movement of the Litecoin price, but no Litecoins are bought or sold in your name.
- Simplicity — Buying cryptocurrencies directly can be complicated. With Cryptmixer trading, it’s as easy as selecting Litecoin from a menu and clicking to another cryptocurrency to trade with. It’s so simple, you can do it on your mobile or tablet too.
- Diversify — As one of the world’s leading cryptocurrency brokers Cryptmixer offers a wide range of products, all from a single platform.
Litecoin — Silver to Bitcoin’s Gold
Litecoin is a peer-to-peer, decentralized digital currency (also known as a cryptocurrency) based on the Bitcoin system. The creators of Litecoin sought to adapt the Bitcoin model to develop a more stable and efficient currency.
There are several key differences between Bitcoin (and its spin-offs Bitcoin Cash and Bitcoin Gold) and Litecoin, including the way coins are “mined”, security procedures, and the total number of coins destined to be produced.
In 2013 Litecoin’s value rocketed from less than $0.01 to more than $20. Could Litecoin follow Bitcoin’s lead and keep on rising in value? With Cryptmixer you can enter and exit the markets, with low commission trading platform.