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.”
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.
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