Bitcoin News Journal

Mt. Gox Hints To Start Litecoin Trading In July


Mt. Gox, worlds biggest Bitcoin exchange, is silently working hard to bring Litecoin trading as soon as possible. Today Mt. Gox clarified rumors and doubts on their decision to suspend USD withdrawals for two weeks. In their clarification (check here) Mt. Gox hinted at Litecoin inclusion to worlds biggest Bitcoin exchange anytime next month.

Litecoin Mtgox

Following are the excerpt from Mt. Gox statement.

As risky as it is to invoke the name of Litecoin (LTC???), we must apologize for not keeping everyone up to date. The fact is that the current situation means a continued delay, but for good reasons. We’re looking at July right now, though that depends on a few things. Mainly, we want to do things correctly from the beginning.

It is no doubt litecoin will be seen as the second crypto currency in the near future. MtGox will enable more liquidity for Litecoin and that is a very good thing for the future of Litecoin.

About Mt. Gox, the company was founded in 2010 and accounts over 60% of daily bitcoin transactions. Company is registered as a legal business in Japan under the name Tibanne Ltd.


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