WHAT IS LITECOIN?

People who are familiar with the concept of cryptocurrency may well be aware of Bitcoin, which is the first ever cryptocurrency emerging on the world’s surface. From the day of its inception Bitcoin became popular amongst investors who were able to make riches over nights. Litecoin is also a cryptocurrency which was introduced in the year 2011 as a spin-off or altcoin for Bitcoin. It is a peer-to-peer based digital currency as well as an open source project which was released as per the MIT/X11 license. It was built as a fork of Bitcoin Core client in which there were two major differences such as decreased block generation time while on the other hand the number of coins were increased as compared to Bitcoin.

Likewise in the cryptocurrencies, in Litecoin, the development and transfer of coins is entirely based on an open cryptographic protocol source and do not have any physical form. Similarly, it is also a decentralized currency which is not managed and operated by any central authority or intermediaries such as banks and financial institutions. Being an open source currency, Litcoin (LTC) has the ability to allow low cost peer to peer payments which can be made from any part of the world at any time. In simplest example, people who are familiar with transactions done through debt cards, credit cards and bank transfers, know that the transaction fee being charged by the banks is considerably high which in the case of Litecoin is almost to none.

It is equipped with the capability of storing multiple transactions and its blockchain network allows smooth processing of transactions in robust and secured way. These transactions can safely be reviewed by traders and investors through secured wallet encryption. However, in comparison with Litecoin, Bitcoin has very less transactions which can be stored at a time. Today, Litecoin is considered to be one of the major competitors of Bitcoin.

WHERE TO BUY LITECOINS

Though Bitcoins can be purchased by using traditional currency. However, in order to buy Litecoins one may need to first buy Bitcoins and then use another exchange in an attempt to buy Litecoins by paying in Bitcoins. Then you may need to have digital wallet which is used for storing your Litecoins which comes in various forms such as paper wallet, desktop wallet, mobile wallet etc. In order to keep your digital wallet it is recommended to apply a strong password to it because digital wallets are considered quite open to hackers and scammers who are waiting for the right time to defraud you.

Another most famous source of obtaining Litecoins is through Coinbase which is used as a tool to buy various digital currencies with credit cards. For the past many years it has been used as a most convenient way of making payment within the online community who are part of the cryptocurrency industry. Most of the cryptocurrencies are being used for the purposes of money laundering and criminal activities, however, one cannot do such activities through Coinbase because it requires your identity, address and verification to ensure that the exchange is legitimate and used for legal purposes only.

WHAT IS LITECOIN TRADING?

It is widely known that over the years the trend in trading cryptocurrencies has grown tremendously. This is because the margin of profits in crypto trading are lucrative and manifold. Presently, without any doubt, the cryptocurrency market has been dominated by Bitcoin although since Bitcoin’s launch there are various digital currencies available for trading in the crypto market. However, Litecoin is one out of thousand other cryptocurrency which has the capability of standing head to head with Bitcoin and has been giving a fair competition to its counterpart. Litecoin is current at number 7 in the list of top 10 cryptocurrencies in which Bitcoin is still retaining the number 1 place. The popularity of Litecoin is increasing rapidly and today it is compared with silver of Bitcoin’s gold.

If you want to trade in Litecoin you need to first open an account with a trusted online trading company which can provide you with the most suitable opportunities of trading in Litecoin so that you can earn large profits. The first step in pursuit of your career is therefore to find a suitable online trading company for you on whose platform you can do the trading. This is where we come in. We are an online trading company which has been successfully providing its unparalleled services to its customers who wanted to trade in Litecoin.

WHY TRADE WITH EZDSK?

While there is no scarcity in the availability of online trading companies but there are few which has acclaimed impeccable reputation in terms of providing advanced trading platforms through which a trader can access crypto trading industry in an effort to indulge in the trading of Litecoin. They have various tools which are equipped with friendly interface and can be simultaneously used by both - a beginner level trader and expert level trader.

At EZDSK, the customers as well as beginners and those who want to learn more about cryptocurrencies, and in particular Litecoin, can access the library of EZDSK which is full of latest material through which concepts regarding cryptocurrencies can be cleared as well as functionality of crypto industry can be learnt in a more efficient manner. EZDSK have been helping their users in improving their trading talents and making them improvise in Litecoin trading. The difference between EZDSK and any other online trading platform is glaringly evident that they provide loads of great features which only a few online trading companies are offering and that at much higher price. Let us discuss some of the salient features that are being offered by EZDSK.

PRICE TRENDING IN LITECOIN

For the past several years the price trending in Litecoin has increased substantially. In the month of November 2013, the aggregate value of Litecoin witnessed huge increase as a result of which the price of Litecoin leaped upto 100% in less than 24 hours. In its initial phase, Litecoin’s price was equivalent to US$ 4.30 but today a single Litecoin comes for 41.59 US$. One can easily estimate the potential involved in trading in Litecoin.

This steady and lucrative increase in Litecoin’s price over the years is remarkable and this is why trading in Litecoin is so much beneficial. Keeping in view the peoples’ desires of trading in Litecoin, we are proud for successfully providing our expert services to our customers to fulfill their dreams.

DIFFERENCE BETWEEN LITECOIN AND BITCOIN

In order for us to understand Litecoin closely, we need to compare it with the crypto giant, Bitcoin. Here are some of the differences between Litecoin and Bitcoin:

BRINGING IT ALL TOGETHER

While it is true that Litecoin is considered silver and Bitcoin as gold however the future could change this status quo. Based on some of the standout features that are contained in Litecoin such as its stability, faster transactions, cap of coins, will certainly make Litecoin one of the most trending and lucrative cryptocurrency in the very near future. So why not invest today and cash out in the future ahead.

ECONOMIC CALENDAR

It is important for a trader to be apprised of the latest trends prevailing in the cryptocurrency industry. At EZDSK, the team of highly trained and qualified personnel is available at all times to list out golden opportunities which can be seen at the Economic Calendar. This calendar contains uptodate financial information which is redirected from the leading news agencies of the world. This works as a perfect source of exploring more robust opportunities in terms of Litecoin trading through the platform of EZDSK.

VIDEO ANALYSIS AND TUTORIALS

For any trader it is good to analyze various markets in order to understand the performance of certain asset in the trading industry. In particular you need to do a lot of online research if you want to trade in Litecoin because there are other cryptocurrencies such as Bitcoin and Ethereum which currently dominate the entire crypto market. At EZDSK, we provide video analysis and tutorials which are designed by expert analysists on the basis of collected data so that our customers can be fully informed about the perfect opportunity which suits his best interests. Through learning from these video analysis and tutorials our customers are in better position to take part in the Litecoin trading by ensuring earning of reasonable profits.

TRADING ACADEMY

Trading in cryptocurrencies is not something that easy. It requires a specific mindset. If you are in need of medical services, you’d probably go to a doctor instead of a lawyer. The same principle is applicable in the field of crypto industry which is that if you want to trade in Litecoin then you should be able to first go to an online trading company which has the required knowledge, expertise and mindset that is required for this particular field.

Here at EZDSK we can help you turn the odds in your favour because we have been part of the field for a very long time and during this time we have acquired intense knowledge with which we can ensure our customers to be able to get high returns on investment. Litecoin trading is not for first timers for which you need to go through various courses and helping material before you can start trading smoothly. We are not just online trading company but also an academy which is helping customers and beginners to understand the functionality of cryptocurrency as well as allowing them to minimize the risk factors. We have various eBooks as well as advanced crypto eBooks through which a person can gain knowledge free of cost.

EASE OF ACCESS IN BECOMING PART OF EZDSK

In order to join us all you need to do is sign up which does not require any sort of minimum deposit which is being asked by most of the online trading companies and later it is found out that they were just scammers. Once you have successfully signed up you can then be able to explore opportunities of beneficial trading at our platform. The sign up also does not require you to fill out any sort of paper work which are normally required by brokerage houses, banks and other similar institutions.

Moreover, the prices of Litecoin are ever increasing and decreasing therefore we advise you to go for one-click trade feature available at our website so that when the opportunity you seek is available, you can instantly avail it without wasting your time.

NO HIDDEN CHARGES OR EXORBITANT FEE

In order to join us all you need to do is sign up which does not require any sort of minimum deposit which is being asked by most of the online trading companies and later it is found out that they were just scammers. Once you have successfully signed up you can then be able to explore opportunities of beneficial trading at our platform. The sign up also does not require you to fill out any sort of paper work which are normally required by brokerage houses, banks and other similar institutions.

Moreover, the prices of Litecoin are ever increasing and decreasing therefore we advise you to go for one-click trade feature available at our website so that when the opportunity you seek is available, you can instantly avail it without wasting your time.