Litecoin, is the sixth most valuable cryptocurrency in the world, and also can be one of the most profitable cryptocurrencies for traders. It is widely listed on exchanges, giving it good liquidity and price discovery. Litecoin is also highly correlated with Bitcoin, and often follows the Bitcoin price moves.
Litecoin is identical to Bitcoin in many ways, with a few unique features. Transactions on the Litecoin network are processed in 25% of the time it takes on the Bitcoin blockchain. Litecoin is also easier to mine, which the creators hope will lead to more decentralization of the network.
How to trade Litecoin?
Buying or selling Litecoin CFDs has an absolutely same process like CFDs on Bitcoin or any other cryptocurrency.
It is by speculating on its value without ever owning the token or the crypto itself.