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Friday (September 14, 2018), the Gemini digital resource exchange, founded in 2014 by Cameron and Tyler Winklevoss, announced that next month it would add Litecoin trading pairs.
The news, announced by Eric Winer, Gemini's Vice President of Engineering, as he spoke on the stage on the first day of the Litecoin Summit 2018, organized by the Litecoin Foundation, and held on September 14-15, 2018 in San Francisco.
Eric Winer of @GeminiDotCom Hada Katz Rosen of @SimplexCC and @danielesesta of @ztxrepublic in chat with @SkyCorridors at the Litecoin Summit.
Live streaming on https://t.co/ffwPBDBPzX # LTCSF18 pic.twitter.com/l2TFuRSVId
– Litecoin Foundation (@LTCFoundation) September 14, 2018
" We are working to add Litecoin "- Eric Winer of @GeminiDotCom 🙌
– Litecoin Foundation (@LTCFoundation) September 14, 2018 [19659008] What made this announcement even more interesting was the fact that this listing would take place on Litecoin's seventh birthday (the Litecoin network was published on October 13, 2011):
"We are launching Litecoin's support on October 13th." 🙌 – Eric Winer of @GeminiDotCom
This is also Litecoin's birthday! 🎂
– Litecoin Foundation (@LTCFoundation) 14 September 2018
We have heard of Gemini's plans to list Zcash (ZEC), Bitcoin Cash (BCH) and Litecoin (LTC) through a report to Forbes the May 14, 2018. This, the New York Department of Financial Services (NYDFS), which had just given Gemini approval to list Zcash, had confirmed to Forbes that Gemini would also receive approvals for Bitcoin Cash and Litecoin, although there were no dates given by Gemini for the support for these two cryptocurrencies would have gone live.
This announcement from Gemni came only four days after the exchange launched its own fully collateralised stablecoin into dollars, the Gemini dollar (GUSD).
According to CryptoCompare data, Litecoin, the seventh largest cryptocurrency by market capitalization ($ 3.23 billion), is currently trading around $ 55.49, down 3.75% in the last 24 hours
Featured image courtesy of Gemini Trust Company
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