Share this article
Gemini Adds Litecoin Trading With New York Watchdog Approval
Winklevoss-founded crypto exchange Gemini is adding litecoin trading in the coming week, with permission from the NYDFS.
By Nikhilesh De
Updated Sep 13, 2021, 8:29 a.m. Published Oct 12, 2018, 1:25 p.m.
Investors will soon be able to trade litecoin on the Winklevoss brothers-founded cryptocurrency exchange Gemini.
The exchange announced Friday that it would soon enable deposits and trading for , adding the early bitcoin spin-off to its existing offerings of bitcoin, ethereum and zcash.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Vice president of engineering at the firm, Eric Winer, wrote in a blog post that the move comes as part of the exchange's effort to support "the future of money" by providing "a safe and regulated environment for both innovation and consumer protection."
The listing has been approved by the New York State Department of Financial Services (NYDFS), Winer continued, noting that Gemini is "held to the highest standards of banking compliance and fiduciary obligations" under the regulator's watch.
Gemini takes a "security-first" approach and has been "working closely" with the NYDFS to gain approval for litecoin trading and custody services, he said.
The exchange's clients can begin depositing litecoin into their accounts as of 13:30 UTC (09:30 EST) on Saturday, Oct. 13. Full trading will begin three days later, at the same time on Tuesday, Oct. 16, according to the post.
Litecoin will be offered in trading pairs against USD, bitcoin, ether and zcash.
Separately, Winer said Gemini originally intended to announce support for bitcoin cash as well as litecoin, but said "uncertainty" around one or more hard forks which may occur mid-November meant they had shelved the plan for now.
"Some of those forks lack the replay protection feature that would be required for Gemini to safely support bitcoin cash," he explained, adding:
"Because of this situation, we are delaying our launch of bitcoin cash deposits, withdrawals, and trading until late November, after the forks have passed and we can evaluate the health of the bitcoin cash ecosystem."
Customers may still see "coming soon" graphics on bitcoin cash-related pages on the Gemini platform as a result.
Litecoin image via Shutterstock
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Proposed ‘AfterDark’ Bitcoin ETF Would Skip U.S. Trading Hours
The fund would hold bitcoin only overnight, betting on data showing bitcon gains mostly occur outside regular market hours.
What to know:
- Nicholas Financial has filed with the SEC to launch a bitcoin ETF that holds BTC only during overnight hours.
- The “AfterDark” ETF buys bitcoin after U.S. stocks close for the day and then sells bitcoin and shifts into Treasuries during the American session.
- Data shows bitcoin tending to perform better when traditional U.S. markets are closed.
Top Stories
