Digital currency exchange Coinbase has just received approval to offer trading of litecoin and ether in New York state.As a result, the startup has become the first business to provide litecoin trading to customers in New York and just the second to offer ether trading.Almost a year ago, Gemini Trust Company, a digital asset exchange run by Cameron and Tyler Winklevoss, became the first company to provide trading of the ethereum token in the state.Maria Vullo, superintendent of the state's Department of Financial Services (DFS), announced the approval of Coinbase's application to offer ether and litecoin trading yesterday, emphasizing that the department only approved applications for virtual currency charters following painstaking review.In her statement, Vullo espoused her beliefs surrounding the key role of the state regulatory system, stating: “DFS has proven that the state regulatory system is the best way to supervise and cultivate a thriving fintech industry, like virtual currency.

New York will remain steadfast in pushing back against federal encroachment efforts like the OCC's proposal to impose a one-size-fits-all national bank charter that increases risk and seeks to usurp state sovereignty.” Brian Armstrong, co-founder and CEO of Coinbase, also spoke out on the government decision, emphasizing his exchange's devotion to high security standards and speaking to the key nature of the New York market.most accurate bitcoin exchange rate“At Coinbase, our first priority is to ensure that we operate the most secure and compliant digital currency exchange in the world," Armstrong said.bitcoin tor setup"New York is an important market and we look forward to expanding our services for New York customers as swiftly as possible.” The leader in blockchain news, CoinDesk is an independent media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.litecoin mining app

A $12,000 donation has accompanied Litecoin creator Charlie Lee leaving Coinbase to work on his creation full-time.php bitcoin shopping cartAfter Lee announced he was stepping down from Coinbase duties to dedicate himself to Litecoin development, his Litecoin Foundation received a donation of 438 LTC - around $12,000 at Tuesday’s rates.bitcoin core hilfeThe donor, known by his handle JoeyBTC, made himself known following a Twitter request.bitcoin highest payoutyou guys are very welcome!linux bitcoin command linekeep up the good work 😀 — Joe (@joeyBTC) June 11, 2017 Litecoin proceeded to come down from circling $35 per coin as Bitcoin itself slumped, with Lee’s optimistic announcement having little effect on investor opinion.bitcoin and digital currencies pdf

Today's my last day at @coinbase!I'm going to shift my focus to Litecoin now.bitcoin playground😁 /Ys9dZwtTFO — Charlie Lee (@SatoshiLite) June 10, 2017 The move is the first major event for the Litecoin community since SegWit activation caused a giant price rise in May.While a long time ago in terms of 2017’s cryptocurrency price action, Litecoin just six weeks ago was the star of altcoin markets, regularly outperforming other top 10 assets and bucking downward trends.Responses to Lee on Twitter were therefore keen to forecast a new surge upwards in a market currently dominated by Ethereum (ETH).Last week, Trezor became the first Litecoin hardware wallet to support SegWit.How do I sell Litecoin?For supported countries and payment methods, you can sell your Litecoin for your local currency and have the proceeds deposited in your linked bank account or local currency wallet.Using a Web Browser Go to the Sells page.

How do I buy Litecoin?Using a Web Browser Go to the Buys page.Litecoin being Available on CoinBase?(self.litecoin)submitted by I recall hearing a while back maybe a year ago news that litecoin was going to be offered on coinbase.Does anyone know if that's still going to be a thing or is it safe to assume that its scraped?π Rendered by PID 14455 on app-404 at 2017-06-24 12:29:20.808763+00:00 running 3522178 country code: SG.The creator of the crypto coin Litecoin (LTC) – Charlie Lee has tweeted that he is leaving Coinbase and will going in order to focus on his creation.Good news for one of the oldest altcoins and a total change from the “no need of further development attitude” from the last couple of years.In the last couple of months we have seen significant changes in LTC and that has lead to the revival of the altcoin after a long period of “sleep” and the news that Charlie Lee is focusing his attention on Litecoin is also a very positive one.We are already seeing the market responding to this positive news with the price of LTC rising…

Bitcoin is reaching all time highs, Ethereum is surging along with it, and Litecoin is holding steady.I’ve bought into Ethereum, but I missed the surge from $20 or $30 a few months ago to $190 to $220 this past week.The problem with buying any cryptocurrency is the shady marketplaces you have to buy from.Most of the cryptocurrency markets want to use money orders, wire transfers, or other sketchy payment methods.There is also the worry around whether the marketplace is secure.The now infamous Mt.Gox was one of the largest cryptocurrency markets and wallets which inevitably failed after a massive hack.The attack wreaked havoc with the price of Bitcoin but raised concerns about where the safest places to buy, sell and store all your crypto-coins.The site I trust is Coinbase, here’s why!By far, Coinbase is one of the few marketplaces where you have to verify your identity, provided passports or other IDs, and connect bank accounts to use all the sites features fully.Coinbase splits your wallets up; Bitcoin, Ether, Litecoin, and USD.

The cryptocurrency is insured through what sounds like a private insurance company, but either way, they have taken steps to never loss all their customer’s money.Another large step taken is they only store 2% of clients funds online, the rest is store offline.The offline funds are on encrypted drives around the world, on a stop-gapped server, and on paper copies should something happen to the digital copies.All total, you should feel safe Coinbase has taken the proper steps to keep your Bitcoin, Ether, or Litecoin safe from hackers or other thieves.The USD wallet is also FDIC insured, which means the United States Federal Government guarantees the funds up to $250,000.The fiat currency (government issued money) is stored in customer bank accounts and isn’t owned by Coinbase.They’re operating a bank, as such, they’re registered as a money service with FinCEN.Beyond the insurance and government registration, Coinbase takes security seriously.Each account needs two-factor authentication, which is a process where you type a password then get an email/text with a verification code.

It ensures you and only you can access your account.Even if your password is compromised, you’ll have the second layer of security to ensure no one will access your account.Coinbase is hands down the best place to buy, sell, and store all your digital currencies.While verifying your identity, attaching bank accounts, and having to jump through hoops to buy Bitcoin or Ether is a pain, it is the best way to do it.I know doing all that can seem counter to what Bitcoin is, but it makes Bitcoin a more mainstream currency that anyone can invest in.With the rise of Bitcoin and Ethereum, more people are going to invest in the currency to hopefully make a quick buck.Coinbase is the safest place to do that sort of investing.If you’re going to use Bitcoin anonymously, I’d stay away from Coinbase and use other privacy-minded markets for buying and selling.Do you have another market or online wallet you’d recommend?Maybe I missed the mark on Coinbase being the safest, securest, and easiest to use?