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Litecoin [LTC] grabs another trading platform whilst a bear-foot run!

Priyamvada Singh



Litecoin [LTC] grabs another trading platform whilst a bear-foot run!
Source: Pixabay

Today, Litecoin boarded another exchange called FXChoice, as mentioned in the platform’s tweet. FXChoice is a trading platform specialized in Forex and CFD trading and focuses mainly on shaping its technology. It is based in Huston Corner and Eyre Street.

FXChoice's tweet | Source: Twitter

FXChoice’s tweet | Source: Twitter

Pawel Mieczkowski, an LTC trader, commented:

“Already use bitcoin with them, very happy to have litecoin option”

Another trader, Cuong Truong also wrote:

“When the Forex market hop on the Blockchain then i’ll trade Forex again. I don’t like dishonorable cowards rigging the Forex market.”

Litecoin, the cryptocurrency that stands at a firm 6th position on the cryptocurrency chart, has recently made its presence felt in a lot of places. It is widening its scope for adoption in businesses and exchanges alike. Some of the prominent platforms that offer Litecoin trading are Binance, Bitfinex, HitBTC, CoinEgg, Bitbox, Kraken, Coinbase Pro.

The cryptocurrency is also a utility in transaction of many sectors. including the content industry, travel and tourism, pharma, among others.

Off late, LTC price has been in discussions among the community for its consistent drop. At the beginning of this year, LTC was a bull trading at a high of above $300.

In the past few days, the highest price LTC has managed to trade at is $100 with a market cap close to $7 billion. At the time of writing, the price of LTC has seen a bitter change of -8.33% trading at $88.95, with a market cap of $5 billion; this is the lowest it has hit after November 2017.

In their announcement, FXChoice has mentioned:

“To deposit LTC, clients must open an LTP-denominated account for Litecoin Photons, of which there are one million in a Litecoin. So a deposit of 1 LTC will give clients 1,000,000 LTP.”

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Priyamvada is a full-time journalist at AMBCrypto. A graduate in Journalism & Communication from Manipal University, she believes blockchain technology to be a revolutionary tool in advancing the future. Currently, she holds no value in cryptocurrencies.



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