Litecoin Listed on BTC China

BTC China just went live with Litecoin on their exchange.  The announcement caused quite a stir on BTC-e with LTC spiking as high as $21.95 after hovering in the mid to low $14's for most of the day.

The spike came around 1:00 a.m. Pacific, another proof positive that insomnia pays when it comes to crypto!

After what seams like years of fruitlessly waiting for the ever rumored LTC listing on M.T. Gox, it is good to see LTC make in onto a well run, high liquidity exchange like BTC China.  Maybe we will see the Chinese move back into LTC aggressively, the last time they did prices soared to as high as $48 and change at the peak.

With the PR beating crypto has taken over the past week or so, its good to see such a positive step.

They posted the following message on their website along with the banner above.

Dear Customers,
We are very excited to introduce BTC China’s new member – Litecoin!
Bitcoin grew tremendously in 2013, while another virtual currency has also made considerable progress – Litecoin. It gradually gained recognition from the Bitcoin enthusiasts. By popular request, we have now added Litecoin trading to BTC China's trading platform.
In addition, Litecoin trading will have 0% trading commission!As a responsible trading platform and a Bitcoin industry leader, BTC China is committed to providing a safe and secure platform. We always focus on the safety of customer’s funds.
We will strive to continue to offer the best service to our customers, so we appreciate any suggestions, comments and feedback.
Thank you for your support, and we wish you a happy and prosperous Year of the Horse!
BTC China TeamMarch 4, 2014