Litecoin's cryptocurrency (LTC) is one of those coins that has infinite potential in terms of driving cryptographic adoption. LTC is proud to be a faster and more efficient version of Bitcoin. This was best exemplified at the end of last year, when the price of LTC fell to $ 375 last December. The reasons for the impressive gains were two. Firstly, we were in a very impressive bull market. Secondly, LTC had been discovered by many traders as the best option for shoot funds through the exchanges in which the commercial action was. At this time, both Bitcoin and Ethereum networks were congested, giving the opportunity for LTC to thrive.
Amazon gift cards
In an October 3 tweet, Charlie Lee announced that he had just purchased an Amazon gift card using Litecoin. His exact tweet was as follows:
I just bought an Amazon gift card using LN on Litecoin. The payment went immediately and I immediately received the gift card. Good work on the excellent user experience
@bitrefill! #PayWithLitecoin #PayWithLightning4
The founder of Litecoin, had bought the gift card through BitRefull.com. The online platform currently supports Bitcoin, Dogecoin, Litecoin, Ethereum and Dash. His complete tweet can be found below.
I just bought an Amazon gift card using LN on Litecoin. The payment went immediately and I immediately received the gift card. Good work on the excellent user experience @bitrefill! 👏 #PayWithLitecoin #PayWithLightninghttps://t.co/dJYLksVVCD
– Charlie Lee [LTC⚡] (@SatoshiLite) 3 October 2018
Litecoin Listing on CEX.io with Zero Trading Fees for LTC / BTC
CEX.io is a cryptocurrency exchange that was founded in 2013 and has had a positive outcome as one of the most reliable cryptographic exchanges globally. Registered and based in the UK, CEX currently provides services in 99% of the world's countries, including 24 states in the United States. The exchange currently supports BTC, ETH, BCH, BTG, DASH, XRP, XLM and ZEC against the legal currencies of USD, EUR, GBP and RUB.
It is in this context that the exchange wishes to inform its users that Litecoin will once again be listed on the stock exchange. However, they did not give an exact date.
CEX stopped supporting LTC last year, but announced the new listing of the digital asset through an announcement stating the following:
We are pleased to announce that we intend to reintroduce LTC support on CEX.IO. In 2017, we had to stop supporting Litecoin as we prepared to launch new opportunities for our users and upgrade our platform.
Since the LTC coin trading request has increased significantly since that time, we are ready to list Litecoin and plan to create a vibrant market for the following pairs:
In addition, Litecoin will now use our new and improved infrastructure with multi-signature portfolios and streamlined operations.
The LTC / BTC market will have zero commissions for the initial period of operation.
summing up, last week had two significant developments for the Litecoin project and the currency. Now you can use LTC to purchase Amazon gift cards. The digital asset will also be listed on CEX.io in the near future.
What are your thoughts on buying Amazon gift cards using LTC? Will the quotation on CEX.io bring the much needed commercial volume for Litecoin? Let us know in the comments section below.
Disclaimer: this article is not intended to give financial advice. Any opinion here is purely that of the author and does not represent the opinion of Ethereum World News or its other writers. Perform your research before investing in one of the many cryptocurrencies available. Thank you.