Winklevoss-Led Gemini Exchange to Add Litecoin


The Litecoin Foundation, the team responsible for Litecoin (LTC), announced this week that it will be listed on Gemini, the cryptocurrency exchange founded by the Winklevoss twins.

According to the announcement, which came during the recent Litecocin Summit, LTC will be listed for trading on the exchange on October 13. Gemini currently offers direct U.S. dollar fiat trading pairs for Bitcoin (BTC), Ethereum (ETH) and Zcash (ZEC), in addition to licensed custodian services.

This news came just days after Gemini announced that it has launched the¬†Gemini dollar¬†(GUSD), a¬†new stablecoin¬†pegged to the U.S. dollar.¬†The company notes that each Gemini dollar corresponds to a U.S. dollar that is¬†held at a bank located in the United States and eligible for FDIC “pass-through” deposit insurance.

LTC is currently ranked 7th in the AltDex 100 Index (ALT100), a benchmark index for large-cap cryptocurrencies and tokens.

Similar: Litecoin (LTC) Revamps Its Website to Reach a Broader Audience

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.

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