GDAX, the cryptocurrency exchange used by Coinbase, has
added Litecoin for dollar trading, causing a surge in its price. The new integration means that customers will be able trade Litcoin, both for Bitcoin and directly for US dollars. GDAX announced the implementation in a
blog post:
“Litecoin trading is now available on GDAX. We’re excited to continue supporting more digital assets to meet the demands of our growing customer base. Charlie Lee, Director of Engineering at Coinbase, developed Litecoin in 2011. Since then, Litecoin has become one of the most widely traded digital assets and continues to attract strong trader and investor interest worldwide.”