How to open an FBS account?
Click the ‘Open account’ button on our website and proceed to the Personal Area. Before you can start trading, pass a profile verification. Confirm your email and phone number, get your ID verified. This procedure guarantees the safety of your funds and identity. Once you are done with all the checks, go to the preferred trading platform, and start trading.
How to start trading?
If you are 18+ years old, you can join FBS and begin your FX journey. To trade, you need a brokerage account and sufficient knowledge on how assets behave in the financial markets. Start with studying the basics with our free educational materials and creating an FBS account. You may want to test the environment with virtual money with a Demo account. Once you are ready, enter the real market and trade to succeed.
How to withdraw the money you earned with FBS?
The procedure is very straightforward. Go to the Withdrawal page on the website or the Finances section of the FBS Personal Area and access Withdrawal. You can get the earned money via the same payment system that you used for depositing. In case you funded the account via various methods, withdraw your profit via the same methods in the ratio according to the deposited sums.
Forex brokers decided to offer Litecoin trading tools to their clients as that they want to be on the cutting-edge of innovation in the currency markets.
DEFINITION of Litecoin
Launched in the year 2011 by Charlie Lee, an MIT graduate, and former Google engineer, Litecoin is the second most popular cryptocurrency after the Bitcoin.
It is a form of digital currency which is created and transferred electronically using encryption. Like Bitcoin, Litecoin’s transactions are recorded on a public ledger and new coins are created through a process known as “mining”.
Litecoin’s advantages over Bitcoin include its faster block confirmation times and scrypt hashing algorithm (to prevent ASIC mining).
But will Litecoin ever see the massive success Bitcoin has seen and mighty exceed it?
Originally, Litecoins were launched with the aim of being the "silver" to Bitcoin's "gold," and have gained much popularity since the time of inception. Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. It is an open source, a global payment network that is fully decentralized without any central authorities. Cryptography secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.
Litecoin is designed to produce four times more coins that of Bitcoin and at a faster rate (1/4th of the time of Bitcoin). Overall, Litecoin is seen as second to Bitcoins in value, but Litecoins are more easily obtainable and transactional.
2022-12-12 • Updated