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Litecoin [LTC] to be listed on Gemini exchange, price start to pump

Ajay Narayan

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Litecoin [LTC] to be listed on Gemini exchange, prices start to pump
Source: Unsplash

Litecoin, the peer-to-peer cryptocurrency, and open source software project, is going to be listed on Gemini, one of the leading cryptocurrency exchange and custodian that allows customers to buy, sell, and store digital assets.

According to Gemini’s official blog, users will be able to deposit Litecoin to their Gemini account from October 13th, whereas trading will be initiated from October 16th onwards. Litecoin is the fourth digital asset being listed on Gemini exchange platform followed by Bitcoin [BTC], Ethereum [ETH], and Zcash [ZEC]. The platform will also offer the following trading pairs and services, LTC/USD, LTC/BTC, LTC/ETH, and ZEC/LTC.

Litecoin’s creation was a result of a fork of the original Bitcoin blockchain. The platform focuses on spreading the use of cryptocurrency tokens for transactions on a daily basis which is similar to the payment methods of the traditional banking system.

Moreover, Litecoin uses a unique algorithm which is different from the one which is used to mine Bitcoin [BTC]. This effort of the community will further decentralize participation and continue to promote the platform towards increasing the adoption of cryptocurrency tokens for payments.

Gemini claims to be one of the most regulated exchange platform and custody provider in the world. In addition, they also stated that the platform maintains high standards of banking compliance and is regularly monitored by the New York State Department of Financial Services [NYSDFS]. By including Litecoin on their platform, Gemini claims to have become the “go-to exchange” for institutional and retail investors.

The report further added that the exchange platform had been working closely with the NYSDFS in order to gain approval for trading and providing custody services for Litecoin. The report stated:



“We are excited to provide our customers with a safe, secure, and compliant method to buy, sell, and store these digital assets”

The exchange platform has also planned to list Bitcoin Cash [BCH]. However, the Bitcoin Cash hard fork scheduled for November 2018 has led to uncertainties, delaying the launch of Bitcoin Cash deposits, withdrawals, and trading.

According to CoinMarketCap, at press time, Litecoin [LTC] was trading at $53.62 with a market cap of more than $3 billion. The price of LTC is seeing an upward trend with a 2.18% hike in the past 24 hours, showing a recovery from the bear’s grip.





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Ajay Narayan is a full-time journalist at AMBCrypto. He has majored in Economics, Political Science and Sociology. His interests are inclined towards writing and investing in cryptocurrencies.

Bitcoin Cash

Bitcoin Cash [BCH] rolls out iOS version of Bitcoin Cash Register

Rishi Raj

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Source: Pixabay

Bitcoin Cash [BCH] recently made headlines when the CEO of Bitcoin.com, Roger Ver got involved in a bet of $10,000 with Tone Vays, a popular Bitcoin maximalist which the former lost. After launching a free point-of-scale solution, Bitcoin Cash Register for Android operating systems, Bitcoin.com and its developers have rolled out an iOS version of the same.

Bitcoin Cash register allows anyone with an Android or iOS device to accept BCH payments. This came as a part of the company’s agenda to promote the adoption of crypto in the mainstream. With the installment Bitcoin Cash Register, it would be easier for retailers to accept BCH as payment from customers.



As reported by Bitcoin.com, Bitcoin Cash Register claims to be easy to use without any prior account registration and the transactions are carried out in a non-custodial manner. This was confirmed by Bitcoin.com via a tweet:

The bet between Roger Ver and Tone Vays regarding the low transaction fee had left the social media divided, with proponents on both sides arguing about the authenticity of the bet and factors taken into consideration while betting.





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