Bitstamp, one of the premier cryptocurrency exchanges, has added Litecoin to the lineup of trading pairs.
Read Bitstamp's official statement and explanation published on June 19th 2017.
The main reason, along with offering their customers additional trading possibility and jumping on the Litecoin hype bandwagon, is, quote from the article above:
...Litecoin has activated Segregated Witness. This may pave the way for the introduction of new technologies such as the Lightning Network, which expands the potential of what can be achieved on the Litecoin network.
The Lightning Network was initially envisioned as a way to expand bitcoin, but attempts to enact the necessary upgrade stalled. With Litecoin being the first major blockchain to pass the Segregated Witness (SegWit) technical upgrade, we decided it was time to enable Litecoin here at Bitstamp and to start exploring the possibilities the Lightning Network offers. It is for these reasons, and the frequent requests we have received from our customers to introduce LTC trading, that made it the standout choice.
Litecoin's market cap is currently $2,409,960,034 or 886,842 BTC which makes it Number 4 on the Top of the coins list:
It is the leader of the rest of the pack, behind the top three - Bitcoin, Ethereum and Ripple.
What Is Your Story With Litecoin
Do you invest in Litecoin? Do you trade it? Do you use Bitstamp and will now trade Litecoin with them? Tell us your story, please.
Personal Take
I don't own a lot of Litecoin, peanuts only. Maybe I should invest more into it but I feel like I've already missed that train. Am I wrong?
Disclaimer
I am a Bitstamp user from years ago when it was the first exchange with Euro as a supported currency. Now I am without any transactions for a long time. My last transaction was in January 2015.
I don't plan to use it much in the future. You can say that I am completely unbiased.