Gemini Exchange Officially Added Support For Litecoin


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.

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.

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.