The Litecoin Foundation, the team responsible for Litecoin ( LTC ), announced this week that it will be listed on Gemini the exchange of cryptocurrency founded by i Winklevoss twins.
LIVE from @LTCFoundation Summit Litecoin, "We are pleased to announce that Gemini will launch Litecoin support starting October 13, 2018!" – @eric_winer # LTCSF18 #tothemoon pic.twitter.com/TqTjJjk7q4
– Gemini (@GeminiDotCom) 14 September 2018
According to the announcement , which came during the recent Litecocin Summit LTC will be listed for stock exchange trading on October 13th. Gemini currently offers fiat trading pairs in US dollars headed for Bitcoin ( BTC ), Ethereum ( ETH ) and Zcash ( ZEC ), in addition to custody services authorized.
This news c a few days later Gemini announced that launched the dollar Gemini (GUSD), a new stablecoin pegged to the US dollar. The company notes that each Gemini dollar corresponds to a US dollar held in a bank located in the United States and eligible for FDIC pass-through deposit insurance.
LTC is currently ranked 7th in AltDex 100 Index ( ALT100 ), a benchmark index for cryptocurrencies and large tokens.
Related: Gemini Winklevoss-Gemini launches the first regulated Stablecoin USD-Pegged
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