Litecoin vs. Chinese Renminbi •LTCCNH•

BUY

Swap Long -15
Swap Short -15
Min. Contract Size, Lots 0.01
Max. Contract Size, Lots 50
Commission, per lot (single side) 0
Leverage 1:5
Margin requirement 20%
3-day SWAPs Friday
Swap Long -15
Swap Short -15
Min. Contract Size, Lots 0.01
Max. Contract Size, Lots 50
Commission, per lot (single side) 0
Leverage 1:5
Margin requirement 20%
3-day SWAPs Friday
Swap Long -15
Swap Short -15
Min. Contract Size, Lots 0.01
Max. Contract Size, Lots 50
Commission, per lot (single side) 0
Leverage 1:5
Margin requirement 20%
3-day SWAPs Friday
About

LTCCNH

Due to its stability, especially combined with the Chinese Yuan (CNY), the LTCCNY has become the second largest trading pair for LiteCoin (LTC), lower only to the cryptocurrency’s exchange to the Euro. The Yuan is heavily regulated by the People’s Bank of China, as well as the four major commercial banks owned by the state, which has opened a steady option for traders experienced with this currency to invest heavily into LiteCoin and other cryptocurrencies, increasing the volume of the trade. On the other hand, LiteCoin, which is technologically identical to Bitcoin, has no regulatory bodies and it only influenced by market forces, creating contrast for traders interested in the Chinese currency.

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