Bitcoin Exchange Coinbase Enables Litecoin Trading, Prices Spike

Digital currency exchange Coinbase has added support for Litecoin, allowing users to buy sell, sell and store Litecoin using its platform and wallet.

Litecoin is now the third cryptocurrency, after Bitcoin and Ethereum, to gain full support from San Francisco-based digital currency exchange and wallet provider Coinbase.

“We are no longer just a Bitcoin company. We are a digital currency company,” stated Coinbase CEO Brian Armstrong at the turn of the year, underlining the mandate for the company’s evolution into adding support for multiple digital currencies.

In its announcement enabling support for Litecoin, currently the fourth largest cryptocurrency by market cap and valued over a billion dollars, the company wrote:

At Coinbase, our mission is to create an open financial system for the world. We’re paving our path to that goal by creating the most trusted and easiest way to buy/sell digital currency. With the addition of Litecoin, one of the most trusted and popular digital currencies, we are moving one step closer to our goal.

It is notable that Litecoin’s creator, Charlie Lee, has been working

Read more ... source: CryptoCoinsNews

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