Winklevoss brothers, the Gemini Bitcoin Exchange officially announced the beginning of support for the seventh capitalized cryptocurrency, Litecoin. Receipt of deposits in LTC will begin on Saturday, October 13, trades will start on Tuesday, October 16.
We are pleased to announce that @litecoin (LTC) is now available on Gemini! Starting tomorrow, we will begin accepting Litecoin deposits, and trading will open across all currency pairs on Tuesday. For more information, please visit our blog on @Medium https://t.co/it5xuF9Hr5
— Gemini (@GeminiTrust) October 12, 2018
As noted in the message exchange, Litecoin listing took place after obtaining the appropriate permission from the Financial Services Authority of New York (NYDFS).
Litecoin became the fourth cryptocurrency, which will now be traded on Gemini, making company with Bitcoin, Ethereum and Zcash, in pairs to which trading will take place.
The upcoming appearance of Litecoin on Gemini became known in September during the Litecoin Summit in San Francisco. As representatives of the Litecoin Foundation noted then, October 13 is also considered the birthday of LTC.
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
Note that in his notes, Gemini Vice President Eric Winer noted that the exchange was also considering the option of adding Bitcoin Cash, but the uncertainty associated with the hard fork of this cryptocurrency coming up in mid-November made them temporarily postpone these plans.