Litecoin Trading Comes to Bitfinex

Crypto currency traders are getting more options as Bitfinex has announced the launch of litecoin trading. Bitfinex is a leveraged Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term that allows users to short trade and use margin for their positions. The platform is currently in its Beta form and has been adding features as it develops its user base and functionality.

Following positive comments from readers, we are currently conducting our own internal review of the platform which will be posted in a follow-up article. In our initial thoughts, for a beta product it does a lot. Interface has a ways to go, but functionality is there. Also, trades are filled quickly. You also got to like that they added in their tag line the quote "Nobody went broke taking profits."

Back to litecoin. At the time Bitfinex announced its intentions of launching the currency they stated that litecoin had showed "several characteristics and features that make it pretty innovative (faster confirmation, no Asic mining etc.). Due to its long existence ( a couple of year is a pretty long period of time in the cryptocurrency world ) and an ever-growing merchant adoption, we believe Litecoin is here to stay."

Litecoins were officially launched last Thursday for trading of both LTCUSD and LTCBTC. Initial trading is only for long trades without margin.