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.

At the moment, anything at all good to buy, the only question is whether you can sit on an unloved project at -30%? I personally would not be able to, which is why I do not invest in these 2 projects.

TomInVa57

Posts

Merits