Cryptocurrencies-LTCAUD-Litecoin/ Australian Dollar

LTCAUD Litecoin/ Australian Dollar

109.12 0 (0%)

Litecoin/ Australian Dollar price

4.66% Past Week
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About Litecoin/ Australian Dollar

The LTC/AUD currency pair shows the value of Litecoin - one of the earliest blockchain cryptocurrencies, which was originally created as a Bitcoin Core hard fork in 2011 - in Australian Dollars, the 5th most traded currency in the world which is popular with many currency traders. The Australian Dollar is also traded in Australia’s external territories that include Christmas Island, Norfolk Island, Cocos (Keeling) Islands, Tonga, Tuvalu, Kiribati, Nauru, and Vanuatu. Tips for trading LTC/AUD: Litecoin is similar to Bitcoin in many ways and is influenced by its trading value in USD and the general global sentiment towards cryptocurrencies. The Australian foreign exchange market is free from government intervention. However, the currency pair is still very much influenced by decisions made by the Reserve Bank of Australia, as well as Australia’s exposure to nearby Asian economies. Traders who believe that LTC will rise in value against the price of AUD should open a long (buy) position, and those who believe the opposite should open a short (sell) position. Interested in trading this currency pair? Follow it for news and updates on the current LTC/AUD value.
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