Litecoin (LTC) trading begins on Gemini

At the Litecoin Summit, the Litecoin Foundation announced its investors on the listing of Litecoin on the Gemini exchange. Deposits for Litecoin began on 13th October, while actual trading began from today, i.e 17th October.

The exchange supports all four pairs for Litecoin, LTC/BTC, LTC/ETH, LTC/ZEC, LTC/USD.

Gemini exchange is the world’s most regulated exchange. Gemini exchange is also overseen by the New York State Department of Financial Services (NYSDFS). Gemini exchange only supports four currencies Bitcoin, Ethereum, ZCash, and Litecoin is the fourth one.

Bitcoin Cash Listing

Gemini exchange also had planned on listing Bitcoin Cash (BCH), but put that plan on hold due to uncertainties regarding a Bitcoin Cash hard fork. The new date of listing Bitcoin Cash hasn’t been finalised but according to Gemini, it will happen somewhere in November. Gemini in a Medium post said,

“We also had planned to announce support for Bitcoin Cash (BCH) today as well. However, there has been much uncertainty lately within the Bitcoin Cash community about one or more possible hard forks arriving in mid-November. Some of those forks lack the replay protection feature that would be required for Gemini to safely support Bitcoin Cash. Because of this situation, we are delaying our launch of Bitcoin Cash deposits, withdrawals, and trading until late November, after the forks have passed and we can evaluate the health of the Bitcoin Cash ecosystem.”

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