LTC
USD
LTCUSD is the price of Litecoin (LTC) in US dollars. A CFD (contract for difference) on LTCUSD lets you trade changes in that price without owning any Litecoin. Leveraged CFD trading can lose money fast, and crypto CFDs are among the most volatile products a broker offers.
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What Litecoin is
Litecoin is an early fork of Bitcoin. A fork is a copy of a blockchain's code that is then changed and run as a separate network. Litecoin keeps Bitcoin's basic design:
- a proof-of-work blockchain secured by miners
- a fixed maximum supply of coins
- periodic "halving" events that cut the reward miners receive for new blocks
The main differences are a shorter block time, so transactions are confirmed faster than on Bitcoin, and a different mining algorithm (Scrypt instead of the SHA hashing used by Bitcoin). Litecoin is mostly used as a payment and transfer coin. It does not have a large smart-contract ecosystem like Ethereum.
What moves the LTCUSD price
Litecoin does not produce cash flows like a share does, so its price comes from supply and demand in crypto markets. The main drivers are:
- Bitcoin and the wider crypto market. LTC often moves in the same direction as BTC, sometimes with larger swings. See BTCUSD (Bitcoin).
- Halving cycles. Lower new supply after a halving gets attention, but the effect on price is not predictable.
- Liquidity and exchange flows. Litecoin trades in lower volume than Bitcoin, so large orders can move the price sharply.
- Regulation and news. Exchange listings or delistings, enforcement actions and changes in crypto rules can move all coins at once.
- US dollar and interest rates. Changes in global risk appetite affect crypto together with stocks.
Moves of a large share of the price within a day are possible. Gaps can also occur, where the price jumps past your stop-loss level.
Litecoin CFD vs holding the coin
| LTCUSD CFD | Buying Litecoin | |
|---|---|---|
| Ownership | No coin, only a contract with the broker | You own the coin |
| Wallet | Not needed | Needed (exchange or private wallet) |
| Direction | You can open buy or sell positions | Profit only if the price rises (unless you borrow) |
| Leverage | Available, which increases both gains and losses | Usually none |
| Overnight cost | Swap may apply, depending on account status | No swap |
| Trading hours | Set by the broker; check the hours for the symbol | Crypto exchanges run continuously |
| Transfers | Cannot send or spend LTC | Can send or spend LTC |
A swap is the fee or credit for holding a position overnight. Leverage means you put up only part of the position value as margin, the deposit the broker holds while the trade is open. For a longer comparison see Crypto CFD vs buying coins.
LTCUSD at Exness: what to check
Exness lists cryptocurrencies among the instruments on the Standard account (forex, metals, cryptocurrencies, energies, stocks, indices). We have no sourced specification for LTCUSD itself. Before you rely on any detail, open the symbol list in your platform and check:
- that LTCUSD is available for your account type and platform
- the contract size, minimum and maximum volume, and pip size
- the leverage and margin requirement for this symbol
- the swap and the trading hours
On MetaTrader, right-click the symbol in Market Watch and open its specification. The general minimum lot at Exness is 0.01 lot, but some instruments use different limits.
Account conditions that do have sources:
- On Pro accounts, crypto is traded with instant (forex, metals, energies, stocks, indices), market (cryptocurrencies) execution.
- Margin call and stop-out levels: Standard Cent: margin call 60%, stop out 0%; Standard: margin call 60%, stop out 0%; Pro: margin call 30%, stop out 0%; Raw Spread: margin call 30%, stop out 0%; Zero: margin call 30%, stop out 0%. Exness notes that 0% stop out not supported in some countries; may vary.
- Negative balance protection: balance reset to 0 after stop out.
- Swap-free: by default all accounts are swap-free on listed instruments; the status can be lost. Pakistan is on the Exness list of Islamic countries, and clients registered from there are assigned swap-free status automatically. Check your current status in the Personal Area. See Swap fees and Islamic finance.
Compare account types on Account types. Practise first on a demo account, which comes with 10,000 USD (virtual).
Ready to try it on a real or demo account?
Partner link · trading carries a high risk of loss
Risk on a volatile coin
Large price swings combined with leverage can wipe out an account in a single move. Practical points:
- Use the margin calculator above to see how much a position ties up, and the pip calculator to see what each price step costs.
- Set a stop-loss, but know that it may fill at a worse price after a gap.
- Keep position size small compared with your balance.
More on this in Risk management.
Note for traders in Pakistan
On remittances, per the SBP, remitting foreign exchange to overseas forex/margin/CFD platforms is not allowed through any payment channel (FERA s.5(1)), and on residents' purchases, per the SBP, the purchase of offshore forex/margin/CFD products by Pakistani residents violates section 4(1) of FERA 1947. Also, per the SECP, offshore platforms have no Pakistani licence or oversight and offer no legal protection or recourse. Read Law and regulators before opening any account.
Frequent questions
What does LTCUSD mean?
It is the price of Litecoin quoted in US dollars. A position on LTCUSD gains or loses with changes in that price.
Is LTCUSD available on Exness?
Exness offers cryptocurrency CFDs. Check your platform's symbol list for LTCUSD and its specification, because availability can differ by account type and platform.
Do I get Litecoin coins with a CFD?
No. You hold a contract with the broker. You cannot withdraw or transfer LTC from a CFD position.
Can I trade Litecoin at weekends?
Crypto CFDs are often quoted at weekends, but the hours are set by the broker. Check the trading hours for LTCUSD in the platform.
Are there swaps on LTCUSD?
That depends on your account's swap-free status and on the instrument. Check the swap value in the symbol specification and your status in the Personal Area.
Is Litecoin less risky than Bitcoin?
Not necessarily. Lower liquidity can make Litecoin's swings larger. Treat any crypto CFD as high risk.
