Announcing Litecoin support

We are delighted to announce that as of midday (1200 UTC), due to overwhelming customer demand, Solidi, the UK’s Fastest and Easiest Crypto Exchange will be adding Litecoin buying, selling and secure 100% cold storage.

Litecoin is one of the original altcoins, introduced in October 2011. Originally described as a “silver to Bitcoin’s gold”, it has served as a lower cost payment system to compliment Bitcoin, a feature testbed for Bitcoin and more recently become one of the hottest investments in the space.

It is now the 4th most valuable coin by market capitalisation according to CoinMarketCap, having undergone a 35% surge in price in the last month.

Big Gains

Litecoin has been on a bull run since mid December, having gone from a low of £17.42 / $23.01, to £46.94 / $61.54 an increase of 169%.

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Announcements from Charlie Lee, the creator of Litecoin, in late January created a buzz and further price increase as the long-term roadmap and plans were crystallised and gained broad approval.

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With the entire crypto market now considered to be undervalued, now might be the idea time to make a long-term investment in Bitcoin and Litecoin.

OTC Customers

Customers who have already purchased Litecoin using Solidi’s OTC service will have their positions added to their Solidi web wallet and will be moved to paperless statements for Litecoin. Those who wish to continue to receive paper statements can opt back into this by contacting support.

Future Coins

Litecoin is the first in a range of altcoins Solidi will begin to list over the coming months. We’ll be setting the bar high. We’ll have to convince ourselves we’d invest in it before we list it for anyone else to invest in.

And in all cases we will enable customers to both Buy and Sell – the guiding principle for Solidi has always been that it must be as easy to get out of as it was to get into.

Please share this article with your friends and colleagues to help get the word out!

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