Litecoin Forex Brokers
Here you can find the list of Forex brokers that accept payments via Litecoin. Litecoin is a cryptocurrency that is somewhat similar to a more popular Bitcoin. The popularity of Litecoin stems from it being a lighter version of Bitcoin with faster block generation, more democratic mining, and less drama-driven community. Litecoin (sometimes abbreviated as LTC) is used by many Forex companies alongside other cryptocurrencies. Traders can conveniently deposit and withdrawal funds using it. Moreover, Litecoin is traded in quite a few cryptocurrency pairs: LTC/USD (Litecoin vs. US dollar), LTC/EUR (Litecoin vs. euro), and so on.
Below, is the list of FX companies that either accept Litecoin as a deposit/withdrawal method or allow trading in LTC/USD (or some other LTC/XXX pairs). Some Forex brokers presented here also allow traders to keep their account in Litecoin, so that all your profits, losses, and the balance are denominated in LTC. You can also browse our list of brokers for general cryptocurrency trading. You will find 175 brokers listed in the table below.
Litecoin is not as popular as some other payment options (even compared to Bitcoin). The liquidity of LTC/USD and similar pairs is a far cry from the enormous trading volumes enjoyed by EUR/USD, but there are still some factors that could sway traders towards choosing one of the brokerage companies that work with Litecoin:
- Litecoin is your currency of choice. Opening an account with a Litecoin Forex broker will make depositing and withdrawing funds easier for you if you prefer using LTC to fiat in your daily life.
- You want to benefit from the long-term trend in cryptocurrencies as a hedge against the inflationary fiat currencies.
- LTC/USD is an interesting trading instrument with unique approaches to analysis and strategy building.
- Most brokers offer LTC/USD trading on Saturdays and Sundays when normal currency markets are closed.
- You are skeptical about Litecoin's future and would like to short LTC against other currencies (or even cryptocurrencies).