ViaBTC launches LTC/CNY trading

ViaBTC, who recently launched their cryptocurrency exchange, will add an LTC/CNY trading pair, which brings more liquidity for LTC
29 June 2017   2172

Distributed database that is used to maintain a continuously growing list of records, called blocks

The developers of the world’s top Bitcoin mining pool and mining pools for competing coins, ViaBTC, gives the green light for Litecoin, which has been largely ignored for the better part of three and a half years. However, as the Poloniex line chart shows, there was a gradual increase of LTC since March 29th and it reached its peak on May 11th. Since then, Litecoin has been quite stable and now shows a certain tendency for beating its own record.

Line chart of cryptocurrency LTC on the Poloniex exchange  Line chart of cryptocurrency LTC on the Poloniex exchange 

Cryptocompare also reports LTC’s remarkable recovery.

Line chart of cryptocurrency LTC on the CryptoCompare platformLine chart of cryptocurrency LTC on the CryptoCompare platform


Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency

Thus, an additional LTC/CNY trading pair can do wonders for the Litecoin value moving forward. The trading expected has already started on June 28th.

Besides, ViaBTC is not the first Chinese exchange to list LTC/CNY as a trading pair as of late. Nowadays there is a large demand for Litecoin in China and it is evident that good things are bound to happen for LTC sooner or later. Whether or not that will be due to ViaBTC, remains to be seen.

MEW to Launch KYC-less Crypto Withdrawal

Service is available in Euro and Francs to all bank account holders with an international bank account number (IBAN)
21 February 2019   77

MyEtherWallet, a popular cryptocurrency wallet, in collaboration with the Swiss company Bity, introduced the Fiat service, which allows you to exchange digital assets for euros and Swiss francs without verification.

It is noted that the service is available to all bank account holders with an international bank account number (IBAN).

Bity is able to offer this kind of KYC-less Exit-to-Fiat gateway because it is compliant with the Swiss Anti Money Laundering Ordinance (AMLA). This, along with technology that helps verify proof of wallet-ownership, allows Bity to realize the friendliest kind of user experience — frictionless, secure AND regulatory compliant.

MyEtherWallet Team

To use Exit-to-Fiat, the user must specify Bity as the service provider in the asset exchange section. You will also need to provide a phone number, bank account details and a billing address.

This information is transmitted to Bity to comply with legal requirements and is not stored by MyEtherWallet.

The maximum transaction size is limited to 5,000 francs (about $ 5,000).