LTC/BTC pair: Litecoin to Bitcoin trading
LTC/BTC is a currency pair where the cost of Litecoin is quoted in Bitcoins. In trading, this pair shows what amount of Bitcoin it takes to buy one Litecoin. LTC/BTC price changes can be tracked on the Litecoin to Bitcoin chart.
What is Litecoin to Bitcoin trading?
You can trade on the spot market using the LTC/BTC on CEX.IO exchange or benefit from Litecoin to Bitcoin margin trading on CEX.IO Broker derivatives platform. Choose the platform which fits you more or enjoy the flexibility of trading within CEX.IO ecosystem while working on both CEX.IO and CEX.IO Broker.
How to trade LTC/BTC on CEX.IO Broker?
Using CEX.IO Broker, you trade on margin with derivatives. I.e. LTC/BTC margin trading means using leverage to open positions allowing you to benefit from the LTC price movements relative to BTC. Open Long positions - when you expect the price to go up. And Short - if the price shows the signs of heading down. You make profits or losses depending on whether the Litecoin price eventually changes in the direction according to the opened positions.
What leverage is available for LTC/BTC trading?
Every CEX.IO Broker user can create up to 10 different subaccounts to trade with leverage from 2x to 100x. Choose different leverage suits different trading strategies and your risk preferences.
Do I have to own Litecoin to trade LTC/BTC on CEX.IO Broker?
You do not need to own LTC to trade LTC/BTC with leverage on CEX.IO Broker.
Margin trading with derivatives gives you the ability to work with any cryptocurrency pair presented on the platform even if it differs from the currency you’ve deposited.
Why trade LTC/BTC on CEX.IO Broker?
Trade this crypto-to-crypto pair on CEX.IO Broker to benefit from deep liquidity, tight spreads, ultra-fast order execution, advanced risk management tools, built-in technical analysis indicators and more. Dig into other advantages of trading on CEX.IO Broker HERE
CEX.IO Broker: rich functionality for traders of all levels
CEX.IO Broker accommodates the needs of both beginners and advanced traders. If you are just trying out, perfect your simple strategy on one pair with a conservative leverage. As you grow more confident, add more pairs, more trading accounts and various leverage sizes.
With multiple segregated positions on each trading account, you can deploy cascading positions with strategic Stop Loss and Take Profit. Or you can open positions in opposite directions to work with hedging strategies.
Take your trading a level up and combine both spot and derivative markets: the instant fund transfers between CEX.IO and CEX.IO Broker make this experience seamless.
From a complete beginner, to an advanced trader, you can grow within CEX.IO Broker.