Luno Adds Litecoin to its Platform Enabling Customers to Trade in One of World’s Top 10 Cryptos

Luno has added Litecoin (LTC) to its trading platform following the introduction of XRP.

From 11th May millions of customers around the world will be able to buy, sell, and exchange the coin. 

Litecoin (LTC), often referred to as the silver to Bitcoin’s gold, is a top ten cryptocurrency with a market cap of US$2.7 billion. 

The cryptocurrency, initially created in 2011, was developed to provide a faster and cheaper alternative to Bitcoin, with the aim of offering a better option for day-to-day digital currency commerce.

Marcus Swanepoel, co-founder, and CEO at Luno commented: “The Covid-19 outbreak is creating challenges for individuals, regions, and nations around the world. 

“However, unlike previous pandemics and crises, we’re more technologically connected than ever – working remotely, shopping online, attending virtual doctor appointments – which is also changing the way people perceive cryptocurrencies. 

“From large investment companies through to individuals everyone is reassessing how and where they work. They are also looking at how and what they invest in, what they use to make purchases or exchange value, and want to have access to coins like Litecoins.”

Luno, a leading global cryptocurrency exchange which has already handled US$8 billion in transactions, provides investors, traders and businesses the ability to buy, store and learn about digital currencies, in a secure and safe environment.

Luno customers can already access Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) and XRP (Ripple).