Getting listed on digital currency trading platforms is one of the major goals of every digital currency in the crypto space. This exposes the digital currency to more prominent investors and traders, hence increasing the adoption of the digital currency, which will have an impact on its value in the long-run.
Litecoin (LTC) is one of the most promising digital currencies in the crypto market. Even though the blockchain project has not been really active like other blockchain projects such as Tron (TRX), it has been doing its best to maintain its relevance as an alternative to Bitcoin (BTC).
Litecoin (LTC) Gets New Listing
Recently, SFOX – a digital currency trading platform based in the U.S – announced the addition of Litecoin (LTC) to its trading platform. Litecoin (LTC) will now join other tradable digital currencies on the platform such as Bitcoin (BTC), Ethereum (ETH), and Bitcoin Cash (BCH). The two trading pairs for Litecoin (LTC) the trading platform is starting with are LTC/USD and LTC/BTC. The integration of the digital currency into the platform shouldn’t pose a problem for SFOX since Litecoin (LTC) is basically a fork of Bitcoin (BTC).
Litecoin (LTC) Price Today – LTC / USD
SFOX is the latest digital currency trading platform in the United States to provide trading support for Litecoin (LTC), after Robinhood and Coinbase. Gemini exchange – a US-based digital currency trading platform owned by the Winklevoss twins – will soon join the list of exchanges to support Litecoin (LTC). Gemini exchange recently confirmed this in a post.
In response to the new listing, the creator of Litecoin (LTC) – Charlie Lee said: “This listing provides increased liquidity and institutional exposure for the digital currency. Adding that SFOX is backed by prominent investors, which speaks to the team and business model of the firm.” Lee concluded by saying that they look forward to providing support via the support of the Foundation to contribute to the success of this partnership.