LTC-PERPCrypto · Layer 1Trade Litecoin (LTC) Perpetual Futures
Go long or short on Litecoin with up to 100x leverage. No KYC, no sign-up: connect your wallet and trade 24/7.
- No KYC
- No sign-up
- Self-custody
- Up to 100x leverage
- Mark price
- 55.96
- 24h high
- 56.38
- 24h low
- 54.82
- 24h volume
- 225.5K USDT
Litecoin is a peer-to-peer cryptocurrency created by former Google engineer Charlie Lee and launched in October 2011. It began as a fork of the Bitcoin Core codebase and was designed as a lighter, faster counterpart to Bitcoin for everyday payments. Its native unit is LTC.
Litecoin is a proof-of-work blockchain, but it uses the Scrypt hashing algorithm rather than Bitcoin's SHA-256, and it targets a block roughly every two and a half minutes instead of every ten. Total supply is capped at 84 million LTC, four times Bitcoin's cap, and the block reward halves every 840,000 blocks, or about every four years. Miners can merge-mine Litecoin with Dogecoin, which shares the Scrypt algorithm. In 2022 the network activated MimbleWimble Extension Blocks (MWEB), an optional feature that lets users make confidential transactions.
Because it is one of the oldest cryptocurrencies still in active use, Litecoin is widely listed, supported by many payment processors and wallets, and often used as a testing ground for upgrades later considered for Bitcoin. Traders follow it as a long-established, liquid proof-of-work asset whose price tends to move with the broader crypto market.
Litecoin tends to trade in step with Bitcoin and overall crypto sentiment, so macro conditions, interest-rate expectations and flows into crypto as a whole are a large part of its price action. Its own scheduled halvings, which cut the new supply paid to miners roughly every four years, draw attention in the months around each event.
Asset-specific factors include payment adoption and merchant support, on-chain activity, miner economics and hash rate, and access through regulated investment products such as exchange-traded funds, where they are available. News about MWEB and how exchanges treat its privacy features can also matter.
The LTC perpetual is a futures contract on the price of Litecoin with no expiry date. You never own Litecoin itself: you go long if you expect the price to rise or short if you expect it to fall, and settle profit and loss in USDT.
You choose your leverage, up to 100x. Margin is cross: your whole perpetual balance backs every open position. Positions are valued at a mark price taken from market data, which can differ from the last trade, and an order more than 20% away from the mark price is rejected.
- 1Connect a wallet. Connect MetaMask, or log in with email or Google, and sign the login message.
- 2Deposit USDT. Deposit USDT and move it to your perpetual account to use as margin.
- 3Choose long or short and your leverage. Open the LTC market, pick a direction and leverage, and place a market or limit order.
- 4Manage the position. Set a take-profit or stop-loss, add margin, or close the position whenever you like.
| Topic | Max Orion | Centralized exchange |
|---|---|---|
| Sign-up | No KYC: connect a wallet and sign a message | Email, password and identity checks |
| Your account | Your wallet address is your account | A username held by the exchange |
| Orders | Every order is signed by your wallet | Orders sent under a logged-in session |
| Hours | Crypto, gold and oil, 24/7 | Commodities often follow market hours |
Leverage multiplies losses as well as gains. If the Litecoin price moves against your position far enough that your perpetual balance, including unrealized losses, falls below the maintenance margin, positions are closed automatically at the prevailing price and you can lose your whole balance. A stop-loss becomes a market order when triggered and is not guaranteed to fill at its price. Only trade with money you can afford to lose. Litecoin is typically more volatile than Bitcoin but generally less volatile than smaller altcoins, with large moves often following Bitcoin's direction.
Frequently asked questions
A LTC perpetual is a futures contract on the price of Litecoin with no expiry date. You go long if you expect the price to rise or short if you expect it to fall, post margin in USDT, and keep the position open for as long as your margin covers it.
You can trade Litecoin perpetuals with up to 100x leverage. The higher the leverage, the smaller the price move against you that liquidates the position.
No. There is no KYC and no sign-up form. You connect a wallet and sign a message to log in — self-custody wallet sign-in, with no password — then deposit USDT to start trading.
Every market settles in USDT, with cross margin: your whole perpetual balance backs all of your open positions, so a profit on one adds margin to the others and a loss on one reduces the margin left for all of them.
A perpetual has no expiry, so a periodic funding payment between longs and shorts keeps its price close to the underlying market. When the perpetual trades above the underlying, longs pay shorts; when it trades below, shorts pay longs.
A maker order, which waits in the order book, pays 0.02% of its value. A taker order, which fills immediately, pays 0.06%.
Leverage multiplies losses as well as gains. If the price moves against your position far enough that your margin no longer covers it, the position is liquidated and the margin is lost. Only trade with money you can afford to lose.
