Litecoin wavered on Tuesday after rising for two sessions, buoyed by the availability of litecoin now in the system of contract trading in several European platforms.
The platforms will provide litecoin trading alongside currencies, while using a financial leverage that could reach 1:5.
The company owning the platforms said that unlike trading tools used for most contracts against spreads, cryptocurrencies will be available all day, all week, including the weekend, when currencies, commodities, and stocks close, with this feature expected to lure many traders to hone in their trading strategies further.
Litecoin dipped to $161.02 from the opening of $161.23, with a session-high at $162.29, and a low at $157.50.