Litecoin is back! + Increased limits on BitPanda
- Eric Demuth
- 14 Apr 2017
Litecoin is back on BitPanda.com
We are pleased to announce the re-addition of one of the most iconic cryptocurrencies in the field, Litecoin. Our community has asked for it over the past weeks and in respect of the latest events regarding Segwit activation, we think the time is right to bring Litecoin back on BitPanda.com.
As a BitPanda customer, you will now be able to buy Litecoin with any of our accepted payment options, which include Visa, Mastercard, Sofort, SEPA, Neteller, Skrill and EPS/Giropay.
What is Litecoin?
Launched in 2011, Litecoin has withstand the test of time and is a highly functional and innovative cryptocurrency with an active development team and a fast-growing community. Often regarded as being the silver to Bitcoin’s gold, Litecoin boasts faster transaction times and lower fees making it perfect for the “everyday cup of coffee”.
Most recently, Litecoin has experienced a considerable growth in market cap, brought about by the prospect of SegWit, an innovative scaling upgrade created to fix some of Bitcoin’s most pressing issues. If activated, SegWit will make a great addition to Litecoin’s core technology making it an even more cost-efficient decentralized payment system.
Buy/Sell Limits Increased
Along with the re-addition of Litecoin into our selective list of coins, we have also made some changes to our limits.
Verified customers can now buy or sell up to 10,000€ worth every day. The first purchase limit has also be increased to 2,500€, after which customers will be able to take advance of the regular daily limit.
What’s next for BitPanda?
BitPanda has grand plans for 2017. We want to bring you the best services in the cryptocurrency market and the addition of Dash and Litecoin is just the start. Many more features will come to your favorite cryptocurrency platform in the following weeks and months. Stay tuned!