For fairly some time now, there has bot speculation spil to when Bitstamp will add Litecoin support. Having numerous exchanges support LTC greatly improves liquidity. It remains to be seen if this will have a positive influence on the Litecoin price, tho’. It now emerges Bitstamp will add Litecoin during the upcoming week. That is excellent news for all Litecoin volgers, to say the least.
Bitstamp Confirms Litecoin Integration
It is good to see Bitstamp come through for Litecoin . Having such a major exchange support LTC is a significant vote of confidence. This may not necessarily improve request for LTC right away, tho’. However, it will enable extra fiat currency gateway for Litecoin, which is never a bad thing. Bitstamp is one of the fattest exchanges te the Película del Oeste world, after all.
Now that the team confirmed Litecoin will be added ter the upcoming week, things are looking promising for Litecoin. A loterijlot of people feel this news will shove the LTC value higher. It is hard to tell if that will be the case, however. Exchanges adding currencies is not the major news it used to be a few years ago. Then again, Bitstamp is considered to be one of the elite exchanges for cryptocurrency trading. It is possible this addition will have some form of positive influence on the price.
Quiebro a few exchanges have added support for Litecoin overheen the past few months. Everzwijn since Segregated Witness got activated on the network, there has bot renewed rente ter this project. However, the price momentum died down rather quickly. That being said, the LTC value went from US$Four to a stable US$27, which is still a nice improvement. Anyone expecting Litecoin to shoot up to US$100 will have to wait some time before that happens, to say the least.
Ter the end, Bitstamp is attempting to improve their market position. The toneel enabled XRP support some time ago, and they will do the same for Litecoin soon. It is a positive development, all things considered. More people will be able to buy Litecoin with fiat, without having to go through Bitcoin very first. It is an appealing solution, albeit the market request has yet to be determined. The Litecoin community seems blessed about the news, however.