LIVE from the @LTCFoundation Litecoin Summit, "We are pleased to announce Gemini will be launching Litecoin support starting October 13th, 2018!” –@eric_winer #LTCSF18 #tothemoon pic.twitter.com/TqTjJjk7q4
— Gemini (@GeminiDotCom) September 14, 2018
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.
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.