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Cryptocurrency startup Coinbase rolls out support for Litecoin

Leading digital asset exchange company Coinbase has announced its support for Litecoin, enabling users to buy, sell, send, and store the digital currency via its website or mobile apps.


Coinbase said that the latest integration is a part of its shift to supporting more types of digital assets over the coming year. Litecoin is currently the fourth most valuable cryptocurrency by market capitalization.

“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”, Ankur Nandwani, Product Manager at Coinbase, said in an online post.

Earlier in March, GDAX, a US-based digital asset exchange by Coinbase, added support for Litecoin, allowing New York customers to trade the digital currency.


LTC/USD is currently trading at 24 levels at the time of writing (Coinbase).

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