Litecoin 4th cryptocurrency to be traded in Winklevoss twins-owned Gemini

Cryptocurrency platform Gemini will introduce Litecoin as the 4th digital asset in its platform after Bitcoin, Zcash, and Ether, the company announced in a blog post on Friday.

Owned by the famous Winklevoss twins, the cryptocurrency platform has received regulators nod to trade Litecoin, that can be deposited into the Gemini account from Saturday, October 13, 9:30 am (EDT) onwards. Users will be able to trade Litecoins

From October 16, 9:30 am (EDT) onwards and the LTC trading pairs will be made available against the other three existing cryptocurrencies. Litecoin can be traded against US Dollar as well.

Gemini was approved by the regulators to trade Litecoin given the cryptocurrency platform’s sticking on to the high standards of “banking compliance and judiciary obligations”. Moreover, to get a hassle-free approval for Litecoin trading, Gemini has closely worked with the New York State Department of Financial Services (NYSFDS). The crypto exchange has a policy of ‘safety-first’.

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