Categories: Ethereum

Japanese BitBank Exchange Enables Litecoin Trading, XRP and ETH Support Imminent

Click here to view original web page at www.livebitcoinnews.com

Cryptocurrency adoption is growing exponentially in Japan as of late. Various exchanges are launching in the coming weeks to cater to new customers. Existing companies are slowly adding support for additional cryptocurrencies as well. BitBank, one of the many Japanese exchanges, now supports Litecoin trading. An intriguing development that could bode well for LTC as a whole.

Another Japanese Exchange Supports Litecoin

It is evident the puzzle pieces fall in the right places for Litecoin as of late. After successfully activating Segregated Witness, the LTC ecosystem has gotten a new lease on life. Up until a few months ago, things were looking a bit stale for Litecoin. Fast forward to today, and the cryptocurrency is a hot topic of discussion again. Moreover, Litecoin has seen tremendous trading volume across multiple exchanges these past few weeks.

BitBank, one of the many Japanese cryptocurrency exchanges, added Litecoin support. It is always good to see more exchanges support popular currencies. Litecoin can now be traded against Bitcoin on Bitbank. It is unclear if other LTC markets will be added over time, though. According to the company blog, the exchange is the only domestic BTC/LTC exchange in japan right now. If that is the case, it won’t take long for other platforms to follow its example, though.

The company also made a mention of how two more cryptocurrencies will be added to BitBank in the future. Both Ripple and Ethereum will be supported at some point. For now, it remains unclear when these pairs will be added, though. The page mentions this will occur at some point in May of 2017. It is evident Japan is growing quite keen on cryptocurrency. Very few platforms allow for currency trades against anything other than the JPY for now.

Demand for Litecoin has been growing all over the world. The cryptocurrency ecosystem has beaten Bitcoin when it comes to implementing SegWit. Additionally, it appears Lightning Network transactions are taking place on the Litecoin testnet as well. Things are looking quite promising for LTC right now, that much is evident.

JP is a freelance copywriter and SEO writer who is passionate about various topics. The majority of his work focuses on Bitcoin, blockchain, and financial technology. He is contributing to major news sites all over the world, including NewsBTC, The Merkle, Samsung Insights, and TransferGo.

cinerama

Illuminati, Mason, Anonymous I'll never tell. I can tell you this, global power is shifting and those who have the new intelligence are working to acquire this new force. You matter naught except to yourself, therefore prepare for the least expected and make your place in the new world order.

Disqus Comments Loading...
Share
Published by
cinerama

Recent Posts

Terrorists are turning to Bitcoin for funding, and they’re learning fast

Representational image of Bitcoin. (File: Bloomberg) By Nathaniel Popper Hamas, the militant Palestinian group, has been designated a terrorist organization… Read More

2 hours ago

Latest Faketoshi says he conveniently ‘lost the hard drive’ containing billions in Bitcoin

Just yesterday we told you how there was a new Faketoshi in town, staking a questionable claim to the Bitcoin… Read More

2 hours ago

Study Suggests Scarcity Could Drive Bitcoin Prices to $60,000 by May 2020

Share Tweet Send Share Bitcoin price predictions have been coming thick and fast in recent months as the world’s top… Read More

2 hours ago

“Bitcoin will never hit 50k” says crypto skeptic Peter Schiff

For a man that wants nothing to do with Bitcoin , economist and Euro Pacific Capital CEO Peter Schiff never… Read More

2 hours ago

Casa Releases Node Monitor Service to Improve Bitcoin Network Health

Casa, a crypto firm that provides a private key management service and Bitcoin node machine, has unveiled a node monitor… Read More

2 hours ago

ETC/ETH Technical Analysis: Ethereum Classic breaks higher

Ethereum Classic vs Ethereum: Classic is making a comeback today An important price level has been broken 0.037673 looks to… Read More

2 hours ago

This website uses cookies. We use these cookies to collect data about your interaction with our website for the purpose of continuously improving your experience with our site. For more information we encourage you to read our privacy policy.

Read More