Cryptocurrency exchange HashKey announces listing of Litecoin (LTC)
Cryptocurrency exchange HashKey has recently announced that it will be listing Litecoin (LTC) on its licensed virtual asset exchange in Hong Kong. The exchange has already made deposits and withdrawals available, with trading scheduled to begin on January 12th. However, it is important to note that trading will only be open to professional investors.
HashKey launches “Learn How to Earn HSK” campaign
Alongside the listing of LTC, HashKey is also launching a campaign called “Learn How to Earn HSK.” This campaign aims to reward qualified HashKey exchange customers with a prize pool of 5,000 HSK. The rewards will be distributed on a first-come, first-serve basis to the first 250 customers who submit a quiz with correct answers.
LTC price shows minimal reaction
Despite the news of the listing, the price of LTC has shown little reaction. According to CoinMarketCap data, the coin has experienced a price increase of 1.66% in the past 24 hours, reaching $67.25. Additionally, the trading volume for LTC has seen a 17.5% increase, totaling $483 million.
About Litecoin
Litecoin is an alternative cryptocurrency that is based on Bitcoin (BTC) and its software. Its main purpose was to enhance the Bitcoin system. In November, HashKey had also announced the upcoming listing of Chainlink’s virtual currency, LINK, but it has not yet been made available for trading.
Hot Take: Litecoin listing on HashKey Exchange
In an effort to expand its offerings and cater to professional investors, HashKey Exchange has added Litecoin (LTC) to its list of supported cryptocurrencies. This move provides an opportunity for investors to engage in LTC trading on a licensed virtual asset exchange in Hong Kong. Despite the announcement, the price of LTC has seen minimal movement. However, with the growing trading volume, it will be interesting to see how this listing impacts the overall market for Litecoin.
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