Coinbase to Offer Ether, Litecoin Under New GDAX Brand
Coinbase has announced its part rebranding to GDAX following its decision to support Ether (ETH), with Litecoin (LTC) also “in the works.” Litecoin & Ether Trading on GDAX. A week after its fourth birthday, the service made an initial “clarifying announcement” via Twitter Thursday: The consumer portal will retain the Coinbase brand. In addition to....
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Cryptocurrency exchange GDAX (Coinbase) has announced it is now supporting Litecoin (LTC) trading. Litecoin Added to GDAX Exchange. Everyone in the crypto-community knew it was coming when Litecoin creator Charlie Lee hinted about the LTC addition to GDAX yesterday by saying via Twitter that “tomorrow’s going to be a good day.” In fact, Lee, who now....
GDAX, the cryptocurrency exchange used by Coinbase, has added Litecoin for dollar trading, causing a surge in its price. The new integration means that customers will be able trade Litcoin, both for Bitcoin and directly for US dollars. GDAX announced the implementation in a blog post: “Litecoin trading is now available on GDAX. We’re excited to continue supporting more digital assets to meet the demands of our growing customer base. Charlie Lee, Director of Engineering at Coinbase, developed Litecoin in 2011. Since then, Litecoin has become one of the most widely traded digital assets and....
Coinbase/GDAX joins a very long list of Bitcoin exchanges who have added Ethereum in the past. Exciting times are ahead for Coinbase customers and Ethereum enthusiasts, as the exchange platform will support ETH trading soon. Additionally, the company will rebrand to GDAX, and the new website and logo will be coming soon. GDAX Rebrand and Ethereum Trading. Similar to most other Bitcoin exchanges in the world, there seems to be an overwhelming demand from customers to trade Ethereum on the Coinbase platform. In doing so, the company joins a very long list, and they have been one of the last....
While these comments have not sparked any significant debate over the past five to six weeks, they are popping up once again now that GBAX will add support for Ethereum. The Coinbase exchange platform will be going through several changes over the coming months, as they will rebrand to GDAX and add two new cryptocurrencies. Ethereum support has already been confirmed, and it seems very likely Litecoin will be added as well. But what does this mean for Bitcoin? Is GDAX Pivoting Away From Bitcoin? That seems to be the primary question on everybody’s mind. Brian Armstrong, the GDAX CEO, has....
It’s great that the founder decided to give us one more chapter of Litecoin‘s story. Let’s tie up loose ends and wrap this whole series with a bow on top. As it turns out, Charlie Lee returned to his job at Coinbase. Was the company more supportive this time around? Plus, as we warned you last time, at one point Lee sold all of his LTC. What were his reasons to do that? Did he have a plan? And, more importantly, did the plan work? Related Reading | Charlie Lee Sums Up Litecoin’s 10 Years History. Part Two: Exchanges + Betrayal Learn all of that and more in the concluding chapter of....