On 12 September, Gemini Exchange – a digital currency trading platform based in New York – replied a request that was made by a Twitter user on one of the exchange’s posts. In the post, the Twitter users made an inquiry regarding the addition of Litecoin (LTC) to the trading platform of Gemini. The official Twitter handle of Gemini Support commented on the request and said that Litecoin (LTC) will soon be added to the platform.
About Gemini Exchange
Gemini Exchange was founded by the Winklevoss twins back in 2014. Recently, the Winklevoss twins (namely Tyler and Cameron Winklevoss) launched the native digital currency of the trading platform called Gemini Dollar (GUSD), and it is believed to be the link between the fast-paced, current digital currency ecosystem and the conventional payment system.
Earlier this year, the Winklevoss twins also tried to enhance the digital currency markets by filing for an exchange-traded fund for Bitcoin (BTC) and appealing to the U.S SEC to pass the same. Nevertheless, this attempt failed as the U.S Securities and Exchange Commission denied the ETF application filed by the twins for various reasons related to security, investor protection, and many others.
Litecoin (LTC) Success Trend
The largest indication towards a successful Litecoin (LTC) adoption is its recent partnership with TokenPay – where it was able to purchase a stake in the German bank known as WEG Bank AG. This was a deal where the creator of Litecoin (LTC) – Charlie Lee, joined the development team of TokenPay to head the projects.
Litecoin (LTC) Price Today – LTC / USD
Price 24H (%) -13.83%
At the time of writing, Litecoin (LTC) is changing hands at $56 after a decrease of about 2 percent over the past twenty-four hours. The digital currency currently boast of a market cap of $3.28 billion and its trading volume over the past twenty-four hours is $273.90 million.