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Euro based broker BitPanda announces re-addition of Litecoin

Often regarded as being the silver to Bitcoin’s gold, Litecoin boasts faster transaction times and lower fees.

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BitPanda customers will now be able to buy Litecoin using any of the firm’s accepted payment options, which include Visa, Mastercard, Sofort, SEPA, Neteller, Skrill and EPS/Giropay.

BitPanda, the European-based cryptocurrency broker has announced the re-addition of Litecoin. The company reported that its users have been asking for it over the past few weeks in respect of the latest events regarding Segwit activation.

With LTC breaking swiftly out of its long time consolidation around the $4.00 mark in renewed buying interest, exchange operators have also been more interested in the iconic currency. Last week, Japanese exchange BitBank announced the listing of Litecoin to take effect at the end of the month.

Launched in 2011, Litecoin has withstood the test of time and is a highly functional and innovative cryptocurrency with an active development team and a fast-growing community.

Most recently, Litecoin has experienced a considerable growth in market cap, brought about by the prospect of SegWit, an innovative scaling upgrade created to fix some of Bitcoin’s most pressing issues.

If activated, SegWit will make a great addition to Litecoin’s core technology making it an even more cost-efficient decentralized payment system.

Buy/Sell Limits Increased

Along with the re-addition of Litecoin into the company’s selective list of coins, BitPanda also made some changes to its buy/sell limits.

Verified customers can now buy or sell up to 10,000€ worth every day. The first purchase limit has also be increased to 2,500€, after which customers will be able to take advance of the regular daily limit.

In other recent activity, last month BitPanda announced the addition of Dash to the platform.

Source:BitPanda

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