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.
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.”
Subscribe to AMBCrypto’s Newsletter
XRP/USD Price Analysis: Prices stagnate as the bears and the bulls continue to brawl
Bitcoin [BTC] developer Jimmy Song lists 3 reasons why Bitcoin SV [BSV] is a “scam”
Ethereum [ETH/USD] Price Analysis: Coin stands tall with the bull by its side
SEC could include Bitwise’s Bitcoin ETF in federal registers; proposal under review for approval
XRP, BAT and Dash among the most popular cryptocurrencies for Uphold users
Ripple/XRP: XRP will soon hit Abra cryptocurrency platform, confirms CEO Bill Barhydt
DigiByte community gears up for Global Summit while founder Jared Tate finalises book on decentralized internet
Tron [TRX]’s Justin Sun sets up Valentines day surprise for Ethereum [ETH]’s Vitalik Buterin
After Bitcoin [BTC] ETF silver lining, SEC puts forth circular on ICOs
Ethereum [ETH] could have been stolen through malware impersonating MetaMask
Bitcoin [BTC] among cryptocurrencies enabled by new debit card launched by Australian Crypto exchange
Nouriel Roubini says JP Morgan’s cryptocurrency JPM Coin is a joke; compares it to XRP
Ethereum [ETH] mining rewards breach lowest levels ever as average difficulty spikes
Coinbase steps up Bug Bounty program; rewards hacker $30,000 for critical bug detection