Unlike most coins, Litecoin is slowly forging itself as a merchant’s coin. The Litecoin Foundation social media campaign brought in some few leads while most incoming agents don’t want to miss the revolution. Besides merchants, exchanges and cryptocurrency buy-sell apps as Buda.com also help bring in market liquidity. Going forward, I expect Litecoin prices to appreciate as the crypto market recover.
From the NewsAfter Crypterium, we now have a Chilean cryptocurrency exchange, Buda.com supporting Litecoin and three other coins in Argentina. By now you might have heard how Argentina is open to new technologies of which blockchain stands out. Pound to pound, Argentina is easily the largest cryptocurrency market in Latin America and we can gauge that by the recent steps taken by the central bank and the number of Cryptocurrency ATMs in place. With Buda.com opening their services to Argentinians and majority of South American countries, their CEO hopes that this will open doors for many more to join in the crypto revolutions. With Buda.com, they can now buy, hold or even sell cryptocurrencies.
Chile: ¡Estamos operativos! Estamos recibiendo abonos en CLP y desde las 17:00 estarán todos los mercados abiertos: BTC, ETH, BCH y también LITECOIN #CRYPTO #chilequierecryptos #LTC #ComunidadBuda
— Buda.com (@BudaPuntoCom) May 30, 2018
Buda.com shall allow bi-directional exchange of Bitcoin, ETH, and in the coming days Litecoin with Argentina’s Peso. Inevitably, moves as such will play a role in reducing volatility and uncertainty that continues to plague cryptocurrencies. This same volatility stifles institutional investment. In a statement, Pablo Chavez of Buda.com said using cryptocurrencies would go a long way in helping shape Argentina’s financial industry and their economical interaction with the internet.
@Nasdaq interested in supporting #Stellar, #Litecoin, & #Bitcoin. “LTC will soon function as a cross-blockchain decentralized app."
