Litecoin vs US Dollar
LTCUSD
Pricing is indicative. Past performance is not a reliable indicator of future results. Client sentiment is provided for general information only, is historical in nature and is not intended to provide any form of trading or investment advice - it must not form the basis of your trading or investment decisions.
Trading Conditions
ATP Margin
0.01
Contract Size Currency per 1 Lot Symbol
1 coin
Min/Max Trade Size (lots)
0.1 / 200
Schedule and Fees
Market Open
Monday 00:01 MT Server
Market Closed
Sunday 23:59 MT Server
Trading Break
23:59 - 00:01 Daily & 00:01 -01:00 Saturday MT Server
3 Day Financing
Friday
Long & Short Position Overnight Fee
displayed on the trading platform
FAQ
LTC/USD is a cryptocurrency trading pair symbol used in the world of financial markets. It represents the exchange rate or price of the Litecoin (LTC) cryptocurrency quoted in US dollars (USD).
Litecoin was created in October 2011 by Charlie Lee, a former Google engineer. He designed it as a "lite" version of Bitcoin, aiming to provide faster transaction confirmation times and lower fees. It operates on a decentralised blockchain and is used for various digital transactions and as a store of value, like Bitcoin.
Litecoin has a faster block generation time compared to Bitcoin. Blocks are generated every 2.5 minutes, while Bitcoin takes about 10 minutes per block. This results in faster confirmation times for transactions.
