Advertisement
AD

Main navigation

Advertisement

Binance Lists Litecoin (LTC) on Its Crypto-to-SGD Platform

Advertisement
Wed, 17/07/2019 - 6:03
Binance Lists Litecoin (LTC) on Its Crypto-to-SGD Platform
Cover image via U.Today
Read U.TODAY on
Google News
Advertisement

Litecoin has recently become the latest coin to be added to Binance’s new fiat-to-crypto exchange in Singapore with LTC/SGD being the only available trading pair. 

The addition had no effect on the price of the asset due to low trading volumes.

Related

Advertisement

Another fiat-to-crypto exchange

The new crypto exchange, which allows buying and selling digital assets with Singapore dollars, went live on July 10. 

Opening a regional branch of the number one exchange by trading volumes was necessary to comply with local regulations, which turned buying crypto abroad into a great ordeal.

This is already the third fiat-to-crypto exchange that was rolled out by Binance after similar trading platforms were launched in Jersey and Uganda.

As reported by U.Today, CZ revealed that he plans to set up ten fiat exchanges on every single continent (well, except Antarctica).

Related

The bigger picture

The price of Litecoin remains in the doldrums during the announcement. It dropped below the $80 mark right on the verge of reward halving that is slated for early August.

The broader crypto market continues to register double-digit drops after the Bitcoin price dropped below $10,000.

However, it’s all about a long-term game since Binance Singapore will serve as a springboard for the company’s expansion in Southeast Asia.

A
A
A

Related articles

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD