GRAYSCALE LITECOIN TRUST
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About LTCN
Grayscale Litecoin Trust (LTC) (the Trust) is a Statutory Trust. The Trust’s purpose is to hold Litecoin (LTC), which are digital assets that are created and transmitted through the operations of the peer-to-peer Litecoin Network, a decentralized network of computers that operates on cryptographic protocols. The Trust’s investment objective is for the value of the Shares (based on LTC per Share) to reflect the value of LTC held by the Trust, determined by reference to the Index Price, less the Trust’s expenses and other liabilities. The activities of the Trust are limited to issuing Baskets in exchange for LTC transferred to the Trust as consideration in connection with the creations, transferring or selling LTC, Incidental Rights and IR Virtual Currency as necessary to cover the Sponsor’s Fee and/or any Additional Trust Expenses, transferring LTC in exchange for Baskets surrendered for redemption (subject to obtaining regulatory approval from the SEC and approval from the Sponsor).
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0.00%
293.35K
$16.99
$14.70
$15.79
$54.45
$6.35
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Open an accountLTCN FAQs
- Find the right investing platform for you. To buy LTCN shares in Australia, you’ll need to open an account with an investing platform that offers the security. Try Stake, you can sign up in minutes.
- Fund your brokerage account. Once you are set up you can deposit into your account with different payment methods.
- Search for LTCN or GRAYSCALE LITECOIN TRUST. Find the stock by using the search function and go to the LTCN page.
- Place an order to buy LTCN. Press the ‘Buy’ button and choose an order type to place your trade. Depending on the order type, the trade will go through straight away or when a price target is hit.
- Monitor your portfolio. You’ve now purchased some LTCN shares. Stay on top of your portfolio and monitor its performance. You may be eligible for dividends and shareholder voting rights that affect your stock.
This is not financial product advice nor a recommendation to invest in the securities listed. Past performance is not a reliable indicator of future performance. As always, do your own research and consider seeking financial, legal and taxation advice before investing. No representation is made as to the timeliness, reliability, accuracy or completeness of the market data provided.
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