Litecoin tanked after its founder jumped ship when it was right around the $400 range. It’s now trading at just over $55. Gemini just announced that they’re listing LTC on their platform. Could the price pump today from this news? We’ll know soon. Here’s the announcement from Gemini:
We’re happy to announce that Litecoin (LTC) trading on Gemini begins today, October 16, at 9:30am EDT.
You will be able to trade Litecoin against all other currencies offered on the Gemini Exchange: BTC, ETH, ZEC, USD. You will also be able to participate in daily auctions for Litecoin / USD.
We received regulatory oversight from the New York State Department of Financial Services (NYSDFS) to support this new digital asset and are proud to provide customers with a safe, secure, and compliant method to buy, sell, and store new cryptocurrencies.
Head over to our latest blog post for more information on this exciting announcement and join us as we continue building the future of money.
Onward and Upward,
Team Gemini
Dennis Consorte has an appetite for news and information about cryptocurrencies, blockchain, IoT, fintech, adtech, martech and other technologies. He also has over 20 years’ experience in digital marketing and content strategy.
The views and opinions expressed here are for informational purposes only, and should not be confused with professional financial advice. These opinions are solely those of the author and do not necessarily reflect the views of CashTechNews.com. Every investment and trade involves risk. You should conduct your own research, and contact your professional financial advisor before making any investment.
Corrections, feedback, and ideas should be submitted through the website contact form.