BREAKING: Poloniex halts Litecoin tradingsteemCreated with Sketch.

in #trading7 years ago

As Bitcoin hits $2600 on a bull surge this morning, Poloniex has halted Litecoin trading. Many Steemians are already miffed at Poloniex for halting steem wallets. 

Is this the beginning of the end for LTC? Do exchanges like Poloniex have too much power in their ability to list and de-list coins? And... is this an opportunity to build an internal exchange on Steemit to trade altcoins?

What do you think?

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Why would they do that? I am trying to sell my LTC right now on Poloniex and on Bittrex. Why is LTC going down on both websites? Very sad. Thank you. I'm Doctor Oatmeal Joey.

No idea. You'd think Poloniex would get a surge of business in LTC with the day's volume.