Of all the cryptocurrencies in the bear market, Litecoin (LTC) appears to be among the top losers. However, this fall in price has not stopped the cryptocurrency exchanges from listing Litecoin. The Forex and CFD platform, FXChoice, took to Twitter to announce that it is listing Litecoin (LTC) among one of its tradable coins.
Litecoin (LTC) Gets Listed on FXChoice Exchange
The exchange, which already has Bitcoin trading enabled, was pleased to announce that it now accepts Litecoin trading as well. Litecoin is currently the sixth largest cryptocurrency in the market per market capitalization. The cryptocurrency, which is commonly referred to as the silver to Bitcoin’s gold, has worked its way up in the financial space.
FXChoice made the announcement on Twitter:
“Clients can now deposit LTC as long as they open an LTP-denominated account for Litecoin Photons. Each deposit of 1 LTC will give clients 1,000,000 LTP for trading.
The cryptocurrency is gradually widening its scope with different businesses and cryptocurrency exchanges accepting and listing Litecoin. Some of the known exchanges that list Litecoin (LTC) include Coinbase Pro, HitBTC, Bitfinex, Binance, Bitbox, CoinEgg, and Kraken.
Litecoin (LTC) Price Today / USD
Apart from being listed on exchanges, Litecoin is also used as a form of payment in different sectors like tourism, content industry, travel sector, pharma, etc.
Litecoin (LTC) Price Continues to Decline Even With the Recent Good news
For a while now, Litecoin has been a hot topic in the cryptoverse. People are wondering why the price has been unable to rise after falling from it’s all-time high of over $300 in January. For some reasons, the bulls have lost their steam completely and the bears have taken full control of the market.
At the time of writing, Litecoin (LTC) was trading at $88.95 just after managing to trade above $100 a few days ago. The market capitalization has fallen from $7 billion to $5 billion within the period. $88.95 is the lowest the coin has traded since November 2017.