This article was published on March 5, 2014

Influential Bitcoin exchange BTC China introduces Litecoin trading, a boost for the cryptocurrency


Influential Bitcoin exchange BTC China introduces Litecoin trading, a boost for the cryptocurrency

BTC China, until recently the world’s largest Bitcoin exchange, has made Litecoin trading available on its platform, a move that is likely to add credibility to this newer cryptocurrency. What’s more, Litecoin trading will have zero percent commission on BTC China.

In an announcement on its site, BTC China says that it has introduced Litecoin trading “by popular request” after it grew considerably in 2013 and gained recognition from Bitcoin enthusiasts. However, as Coinbase reports, BTC China CEO Bobby Lee is also the older brother of Litecoin inventor Charles Lee — and to this extent, BTC China’s banner for the announcement reads “Brothers Reunited.”

Screen shot 2014-03-05 at PM 12.56.50

In light of Mt. Gox’s recent downfall, BTC China also took the opportunity to reassure its users that it is “committed to providing a safe and secure platform.” How Litecoin fares remains to be seen as it joins hands with Bitcoin, but we expect that being folded into one of the world’s most influential Bitcoin exchanges will no doubt boost its standing.

The <3 of EU tech

The latest rumblings from the EU tech scene, a story from our wise ol' founder Boris, and some questionable AI art. It's free, every week, in your inbox. Sign up now!

ReadMt. Gox’s fall is good news for Bitcoin, says Blockchain, as it buys trading platform RTBTC

Thumbnail image via George Frey/Getty Images

Get the TNW newsletter

Get the most important tech news in your inbox each week.

Also tagged with