Litecoin Contracts Listed on Delta Exchange
|Symbol||Description||Price||Max Leverage||Settlement Currency||Action|
|LTCUSDT||Litecoin Perpetual Swap||100x||USDT||See Market|
Complete details of the futures and perpetual contracts on LTC that are listed on Delta Exchange are available below.
Litecoin (LTC) is a peer-to-peer cryptocurrency that enables near instant and low cost money transfers. Creation and transfer of LTC is decentralised and is based on an open-source cryptographic protocol. The Litecoin blockchain started as a hard-fork of the Bitcoin block in October 2011. Due to this, the Litecoin protocol is nearly identical to Bitcoin protocol.
They key differences between Litcoin and Bitcoin are as follows:
You can margin trade LTC on Delta Exchange using our derivative (i.e. futures and perpetual) contracts. This means that you can go long or short LTC with leverage.
You can directly buy or sell LTC. This is called spot trading of LTC. If you buy low and sell high, you will make profit. However, this trade only works when LTC price goes up. Further, leverage trading is not possible in spot trading.
LTC margin trading through derivatives addresses these shortcomings. The LTC futures and perpetual contracts enable you to go benefit from both up and down move in LTC. Further, these derivative contracts have built-in leverage, enabling you to trade big with small capital.
Starting trading on Delta Exchange is a breeze. Here’s how you can make your first LTC trade on Delta Exchange:
Delta exchanges offers trading in cryptocurrency futures. These futures offer: (a) up to 100x leverage and (b) ability to go both long or short. Crypto futures not only have the same features as margin trading, but also higher liquidity and lower trading fees.
Delta Exchange is a derivatives exchange. You can trade futures on cryptocurrencies, but not cryptocurrencies directly. The complete list of futures listed on delta is available here.
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