On January 25, 2018, Zebpay, one of India’s most popular mobile-based cryptocurrency exchanges, announced the addition of Litecoin to its trading platform. In a blog post on its website, the company stated that the cryptocurrency is one of the several other tokens that are also scheduled to be added in the near future.
Litecoin, released in October 2011 by former Google employee, Charlie Lee, was introduced as a lighter alternative to bitcoin. It is one of the oldest cryptocurrencies currently on the market and has a market cap of close to $10 billion. In December 2017, Litecoin reached an all time high price of around $350.
Litecoin is the second cryptocurrency that has been added to Zebpay over the past few weeks. Earlier in January 2018, the company rolled out the ability for users to trade Bitcoin Cash (BCH).