If you follow my blog you know that I have written a lot about Ethereum and Litcoin lately.
I have done several posts about Litecoins inevitable addition to Coinbase.
Coinbase planning support for numerous Alt coins
Coinbase Ether, Lite Coin and Shift
I posted 4 days ago that " Litecoin could be added to Coinbase any day now".....Well that day has come!
Coinbase Users Can Now Buy and Sell Litecoin
"Coinbase is officially adding support for the digital currency litecoin to its wallet offering."
"The decision comes months after Coinbase's digital asset exchange, GDAX, added support for litecoin trading, though the startup has long teased the prospect of additional litecoin integrations – its creator, Charlie Lee, serves as the startup's director of engineering."
"Overall, it's the latest notable boost for the older cryptocurrency, which has seen its public profile rise recently amid news of its forthcoming adoption of the scaling solution SegWit. That adoption has signaled the possibility for additional tech upgrades (not to mention a rising price)."
"In statements, Coinbase positioned its litecoin integration as part of a larger strategy, explaining:"
"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 [and] sell digital currency."
Exciting times for crypto!
Litecoin jumped to now nearly $21 USD
Where do you think the price will go next? Sound off in the comments below.
Also don't take your eyes off of Ethereum yet, still some exciting projects to come!
I will be covering a few of them in upcoming posts.
(This is not financial advice)
Sources
https://www.coinbase.com/
http://www.coindesk.com/coinbase-users-can-now-buy-sell-litecoin/
Coinbase Users Can Now Buy and Sell Litecoin
Stan Higgins (@mpmcsweeney) | Published on May 3, 2017 at 17:01 BST