Litecoin[LTC] to be listed on Gemini Exchange on October 13
Gemini Exchange announced that they will be listing Litecoin on October 13. It was announced at the first-ever Litecoin summit held on 14th September 2018. October 13th also turns out to be the 7th Birthday for Litecoin. The news had immediately propelled Litecoin’s price to $58 from $47.
LIVE from the @LTCFoundation Litecoin Summit, "We are pleased to announce Gemini will be launching Litecoin support starting October 13th, 2018!” –@eric_winer #LTCSF18 #tothemoon pic.twitter.com/TqTjJjk7q4
— Gemini (@GeminiTrust) September 14, 2018
Gemini exchange is currently one of the largest regulated exchange in the US. The exchange currently supports 3 tokens: Bitcoin, Etherum and ZCash. Litecoin will be the 4th token to be listed on the exchange. In terms of volume, Gemini is quite low only having $12 Million of daily trading volume, but due to the number of assets in the Trust, Gemini is counted as one of the larger exchange.
Litecoin is currently trading at $60 and seems to have bottomed out at that price. The 24-hour trading volume has increased by 55% from last week. On 23rd September the 24-hour average trading volume was $311 million and is currently $484 million.
Did you like the news you just read? Please leave a feedback to help us serve you better
Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.