Crypto Exchange Zebpay Adds Litecoin Supportbr>
Cryptocurrency exchange Zebpay has added support for Litecoin trading in its platform. Litecoin is the eighth-largest cryptocurrency by market capitalization. Litecoin’s market cap currently amounts to $9.8 billion USD.
Zebpay is an app-enabled bitcoin wallet provider headquartered in Singapore, with an office in Ahmedabad, Gujarat, India. The company claims to be India’s first bitcoin company to launch a mobile bitcoin wallet app that enables bitcoin transactions using a mobile number without any complexities to understand bitcoin addresses.
“Continuing on our promise to add more cryptocurrencies onto our platform, today we’re happy to announce that we are adding Litecoin to Zebpay,” the company said. “Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to bitcoin.”
Using the Zebpay wallet app, users can buy, sell, store, and spend bitcoin, Bitcoin Cash, and Litecoin using a mobile number and a 4-digit pin. The company said it plans to add more cryptocurrencies to its platform, including ethereum and Ripple.
In a Twitter post, Litecoin founder Charlie Lee praised the move and urged other crypto platforms in India to follow Zebpay’s lead.
“I’m excited to see Litecoin added to Zebpay exchange, one of the largest exchanges in India,” said Lee. “This opens up Litecoin trading to 1.3 billion more people! I hope to see Unocoin and others follow suit.”