London, United Kingdom, 1st October 2018 — Litecoin will now use CEX.IO’s new and improved infrastructure with multi-signature wallets and streamlined operations.
“While we’ve always recognised the importance of Litecoin to the crypto economy, back in 2017 we had to stop supporting it and prioritise the upgrading of our platform to respond to the growing market. Now that we’ve advanced our infrastructure and our security procedures, we are ready to reintroduce Litecoin. Its addition will augment the trading experience for both retail and professional traders on CEX.IO,” says Oleksandr Lutskevych, CEO of CEX.IO.
For the first four weeks, starting from 1st October, trading LTC/BTC and LTC/USD pairs will incur zero fees.
Litecoin was created by Charlie Lee, a former Google employee who had the idea to create a lighter version of Bitcoin. Currently, LTC is holding its place among the top 10 cryptocurrencies by market cap. From a price of around $4 back in 2013, Litecoin managed to reach a price of around $54 in September 2018.
A UK-based multi-functional cryptocurrency exchange established in 2013, CEX.IO provides a variety of trading tools for Bitcoin, Bitcoin Cash, Bitcoin Gold, Ethereum, Zcash, Dash, XRP, Stellar Lumens and Litecoin. These cryptocurrencies can be traded for USD, EUR, GBP, and RUB.
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