OKEx announces a mysterious Litecoin partnership

World’s third largest exchange in terms of volume, OKEx, has announced a mysterious partnership with Litecoin foundation. The details of the partnership haven’t been given. On 21st May, OKEx tweets, “It’s time to light up the market” and tags @Litecoin and @StaoshiLite (Charlie Lee, founder of Litecoin).

According to a response from OkEx, the event will take place between May to August. It is speculated that more details will emerge at LTC Blockchain Technology Seminar Summit in Wuhan scheduled on June 1, 2019. OkEx is the co-organiser of the summit.

OKEx Litecoin Event

The image shared by OKEx features a jolt of lightning “lighting” up the darkness.  Maybe OKEx plans to integrate lightning with their Litecoin wallet. And ever plan on introducing new trading pair with Litecoin.

In late August (around August 25th) Litecoin is supposed to go through its second halving. Halving is when the block rewards from mining are halved to prevent inflation. Community member from both Litecoin and OKEx also speculate that the announcement by OKEx has something to do with the Litecoin’s second halving.

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