Quote from: Meycell on October 17, 2018, 08:40:15 AM

Quote from: ervinbyrd505 on October 17, 2018, 08:28:54 AM

Winklevoss Twins' Gemini Crypto Exchange Gets Regulatory Green Light for Litecoin Trading

U.S.-based cryptocurrency exchange Gemini, owned by the Winklevoss twins, has sealed regulatory approval to add Litecoin (LTC) custody and trading. The news comes from an official Medium blog post published Friday, Oct. 12.

Geminis vice president of engineering, Eric Winer, informs Gemini traders that they can begin depositing Litecoin into their exchange accounts as of 9:30 am EDT Saturday, Oct. 13. Litecoin trading will reportedly go live Tuesday, October 16th at 9:30 am EDT.

The coin is set to be the fourth crypto supported on the platform, alongside Bitcoin (BTC), Ethereum (ETH), and Zcash (ZEC). Consequently, LTC trading pairs will be available against all three cryptos, as well as against the U.S. dollar.

Winers post underscores Geminis thoroughgoing banking compliance and fiduciary obligations under oversight from the New York State Department of Financial Services (NYDFS). It notes that Litecoin trading support comes as the result of close cooperation with the watchdog, and that the exchange continues to expand with a security-first approach.

when compared between the two Ethereum becomes the main coin that is able to be relied upon. because with its value that is a bit far away from Litecoin it becomes a special advantage to choose Ethereum compared to Litecoin for now and continue to support it even further.

Exactly, ETH with its endless use cases (let's hope one of them gets finally adopted by the masses soon) is the better choice to support!