24option – Litecoin trading

24Option is an established and renowned finance company. New: 24Option now also offers the trade of cryptocurrencies such as Bitcoin, Litecoin, Ethereum, Dash, and Ripple. 24Option helps revolutionize the trade in cryptocurrencies. Never before was it easier to benefit from the increasing exchange rates of cryptocurrencies. Users can trade online without installing software or using a wallet. The provider therefore appeals to both inexperienced and professional Litecoin and crypto-traders.

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  • Trade Bitcoin, Ethereum, Ripple, Dash and Litecoin
  • Very clear
  • Low fees
  • Mobile app
  • Regulated by a European financial supervisory authority
  • Low minimum deposit of 100 pound

General information about 24Option

The broad public has gotten to know 24Option over the last few years thanks to advertisement campaigns with former TV star Boris Becker as well as sponsorship deals with the football club “F.C. Juventus Turin”. The company was founded in 2010 and is regulated within the EU by CySec. This state regulator monitors the business activities of 24Option, guaranteeing the secure handling of customer data and assets. The broker operates a German-language branch in Germany, providing support to German-language customers.

24Option is the sponsor of Juventus Turin F.C

Buying / selling / trading cryptocurrencies

24Option has made a name for itself over the years as a reliable provider of CFD and FX products. As such, 24Option is – contrary to many other cryptocurrency providers – an established provider with long-term experience in currency trade.

It is very easy to buy cryptocurrencies with 24Option. No software or wallet is necessary to trade cryptocurrencies with 24Option. New traders and beginners are sure to get accustomed to trading with 24Option in no time.

With 24Option, customers can trade Litecoin as well as Ripple, Ethereum, Bitcoin and Dash.

 

Quick-Overview

Brokername24Option
Website urlhttps://www.24option.com/
Year2013
Regulated
Account from‎£100
Trade from‎£1‎
Max. leverage400:1
Spread from3,0 Pips
Litecoin
Bitcoin
Ethereum
Dash
Ripple
Underlying assets100
Demo
Mobile App
Payment methodVisa, Mastercard, Discover, Skrill, Neosurf, AstroPay, Sofortüberweisung, Neteller, Paysafe, GiroPay

Opening an account and different account types

With 24Option, new customers have the choice between 5 different account models. These differ in minimum deposit amount, services provided, and trade conditions. Important: It is completely free to open an account.

A Basic account can be opened with a deposit of between €100 and €2,500. Users already have all trade functions at their disposal with this account type. Traders are additionally already assigned a personal account manager with a 24Option Basic account. All users of the broker can also take part in a free webinar once a week.

The Silver account (€2,500€-€25,000 deposit) additionally offers a free training in fundamental and chart analysis as well as trainings in short, mid, and long-term trading strategies.

Customers can open the popular Gold account by depositing between €25,000 and €100,000. In addition to the services provided to Basic and Silver customers, Gold customers also receive a personal introduction to MetaTrader4 (trading software). An additional training area is unlocked that can be used free of charge.

Tip: If you only intend to buy cryptocurrencies, the Basic account more than suffices.

Customer service and training options

Users can contact customer support round the clock on business days, either via email or by phone. Customers who want to learn more about online trading can take part in the expansive training program. The program covers all fundaments of online trade, explaining the important trade tools, methods, and strategies as well as fundamental and technical analyses and the lever function.

 

24Option TV spot

 

Bottom line

24Option is optimally suited to trade cryptocurrencies. The low fees and easy trading make the broker interesting for beginners and more advanced traders alike. The fact that no wallet or software is needed helps newcomers take their first steps in trading.

Users who do not just want to buy cryptocurrencies but are also interested in learning more about online trading can make use of the broad training selection to deepen their knowledge. The registration is quick and absolutely free of charge.