Altcoins

LTC gets green light on HashKey

Cryptocurrency exchange HashKey announced the upcoming listing of Litecoin (LTC).

On Jan. 10, HashKey Exchange announced the listing of LTC on a licensed virtual asset exchange in Hong Kong. Deposits and withdrawals are now available, with trading set to begin on Jan. 12 between the LTC/USD pair. LTC deposits and withdrawals are available through the Litecoin network, with trading open only to professional investors.

In addition, the exchange is launching a “Learn How to Earn HSK” campaign to give away a reward pool of 5,000 HSK to qualified HashKey exchange customers. Rewards will be distributed on a first-come, first-serve basis to the first 250 customers who submit a quiz with correct answers.

The LTC price showed virtually no reaction to the news. Over the past 24 hours, the coin has risen in price by 1.66%, according to CoinMarketCap data, to $67.25. At the same time, trading volume in the token has increased by 17.5% reaching $483 million.

Source: CoinMarketCap

Litecoin is an alternative cryptocurrency based on Bitcoin (BTC) and its software. The main task of Litecoin was to upgrade the Bitcoin system.

Last November, HashKey announced the upcoming listing of Chainlink’s virtual currency, LINK, for professional investors in compliance with local policies. However, that trading unit has not been made available.

Read more: Nearly 10 hedge funds are set to launch spot crypto ETFs in Hong Kong, HashKey says

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