Coinbase’s GDAX Exchange Adds Litecoin, Price Spikes 10%
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....
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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 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....
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....
Litecoin prices rose nearly 10% today as word the digital currency would be listed on Coinbase's GDAX exchange spread among traders. The move by the exchange to list LTC/USD and LTC/BTC currency pairs, however, was long anticipated, given that litecoin creator Charlie Lee has worked at the startup since 2013. Launched in 2011 and branded the "silver to bitcoin's gold", litecoin aims to offer faster transaction confirmation times for merchants. At press time, it was the fourth larest digital currency by market cap. Notably, litecoin prices began edging upwards far before the....
Coinbase has announced that its platform GDAX will not be supporting Ethereum Classic anytime soon. However, the company has kept its options open for the future. The unexpected rise of Ethereum Classic, the original Ethereum blockchain without a hard fork has got few leading cryptocurrency exchanges considering its implementation into their platforms. Poloniex became the first cryptocurrency exchange platform to include ETC support, with few more expected to do so soon. However, one platform that doesn’t want to jump into the ETC bandwagon right now is Coinbase. The leading US-based....