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Litecoin’s Value Increase Complemented With Listing on Korean Oldest Exchange

Litecoin is only not adding value in the market, but also cruising around the world of cryptocurrecny with great and new developments as additions. Yesterday, in a tweet issued by the altcoin’s owner, Charlie Lee, it was aired that Litecoin’s developments have added another feather to its cap as the altcoin seems to get support from Korbit, one of Korea’s oldest exchange platform.

“Tomorrow, @KorbitBTC will launch LTC trading. It’s awesome that one of the oldest Korean exchanges will now support Litecoin. I still remember asking Korbit many years ago”.

“I have donated 100 LTC for a promotion. See blog post for more details”.

The news went viral and enthusiast rejoiced with the believe that the cryptocurrency is moving for a greater height with the recent maturation in its value.

Within the space of 24hrs, Lee announced on his twitter handles that Korbit has recognized Litcoin by listing it on its platform for exchange.

“Korbit is now trading Litecoin”!

“The last remaining major exchange not supporting LTC yet is @GeminiDotCom. What are you waiting for”?

Korbit Exchange!

Korbit, tagged the most popular and largest crypto-exchange platform in South Korea, is the first Bitcoins exchange platform, it was founded after raising $3.6 million from high profile investors.

Before now, the major currencies for exchange on the platform are Bitcoin, Ethereum, and Ripple. Korbit operates with a low trading fees of 0.1% for maker trades and 0.2% for taker.

Litecoin’s Price Maturation

Just about a week ago , Litecoin plunged to the base, trading around $125. Surely at that time, the market seems bearish for all altcoins and the prayer of enthusiasts was definitely for a bulling market that will favor them. Not long, the market began to move northward and Litecoin was not left behind.

Within the space of 24hrs, Litecoin’s value rose, trading for 138 against dollar. Although the altcoin’s price dipped within the next 5hrs, but it later picked up the batten of rising price and began climbing towards the north gradually. On April 20, Litecoin rose up to $154, a price which it attained only about a month ago.

Although, at present, Litecoin, ranked 6th with a total market cap of over 8 billion has lost 0.74% of its value within 24hrs, trading at $148, but when compared to its price 7days back, it has added 18.09% to its value.

Conclusively, as the old tale of Litecoin appears to be taking a new and favourable shape, the altcoin may soon rise to the zenith.

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Tenx Adds Litecoin [LTC] To Its Wallet App, To Produce Litecoin Debit Card

LitecoinThe news that Litecoin is being added to Tenx does not come as a shock because from inception, the cryptocoin is living up to the recent billings attached to it, that it is the 3rd most popular coin in America, according to a survey among 1000 millennial in America.

Although Ripple is known to be world’s third most valuable cryptocurrency behind Bitcoin and Ethereum, but the survey ranked Litecoin above the Cross-border specialist cryptocurrency. Even though Litecoin is presently listed on Coinbase, one of the world most important exchange, the altcoin sees this as no big deal, and it is by no means hitting the sack, whereas it is on the run with no hesitation.

The recent Litecoin-TenX partnership has fashioned the initiation of a new development for the Litecoin, off-shooting the cryptocurrency to a new height.

On Wednesday, April 11, 2018, TenX, a virtual currency tagged to be “spendable anytime anywhere” aired a statement on Twitter that:

“Some #TenX updates regarding @LTCFoundation and @BlockfolioApp

While confirming the disclosure elaborately, Charlie Lee the creator of Litecoin, and an Ex-Director of Engineering at Coinbase also tweeted that Litecoin’s currency, LTC has been added to TenX wallet.

“TenX recently added LTC to their wallets, and we are working with them to launch a Litecoin debit card. Stay tuned for more information. LitePay who”?

TenX, in another statement disclosed their excitement over the new partnership, with hopes it will step up their services and acceptability.

“We are also excited to announce a new partnership; we have reached out to, and are working with the Litecoin Foundation to introduce a co-branded card for which more information will be available soon. We hope to become the preferred payment platform for fans and owners of Litecoin, and cannot wait to see you use our wallet and join the revolution”!

TenX further stated that it is supporting Litecoin and it has added LTC to its wallet app for both iOS and Android.

eGifter Now Accepts LTC

While rejoicing with Litecoin over Litecoin-TenX development, that seems not be a dead end for the altcoin as eGifter now allows users to buy gift cards with LTC.

This was also made known in a Wednesday April 11, tweet released by Charlie Lee. He stated, “eGifter now accepts LTC for purchasing gift cards. They are using @AliantPayment. Thanks for supporting Litecoin”