United Kingdom-based exchange FXCM is now offering Litecoin, its third crypto CFD ticket with the code LTC/USD, according to a press release published by the company.
FXCM, more known by its foreign exchange businesses, expanded its crypto offering to three CFDs with Bitcoin (BTC/USD), Ethereum (ETH/USD), and the newcomer Litecoin (LTC/USD).
According to FXCM Group’s CEO Brendan Callan, Litecoin selection is a significant movement as LTC is one of the most popular and highly traded crypto products.
Callan highlights that as the assets are offered as CDFs, clients are allowed to go both short and long when trading. “Additionally, FXCM offers micronized CFDs, so it is a low cost of entry with no hassle of a crypto wallet or cold storage.”
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