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Author Topic: [ BitFunder ] CRYPTO.LTC - Buy/Sell LTC with BTC - Native LTC support  (Read 7847 times)
Ukyo (OP)
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March 12, 2013, 09:02:14 AM
 #1

You read it.

https://bitfunder.com/asset/CRYPTO.LTC

Buy and sell LTC on BitFunder.

From the transactions tab, you can get a litecoin address to credit your account.
While LTC are credited as shares of CRYPTO.LTC.

If you want to withdraw LTC, again, you withdraw shares of CRYPTO.LTC on a 1:1 ratio, and are sent to any litecoin address you provide.

Also, testing the new custom asset graphs feature, the system is showing BTCe BTC/LTC trading history. Graph data updated every minute.

Description:
1 share CRYPTO.LTC = 1 LTC

All shares are 100% backed by a managed litecoin wallet.

Deposit
You may deposit LTC in WHOLE AMOUNTS via the transactions page. Click the 'LTC' tab on the right hand side.
Every 1 LTC will automatically be credited as 1 CRYPTO.LTC share.

Withdraw
You may withdraw any number of CRYPTO.LTC shares to any Litecoin address.
Every 1 share of CRYPTO.LTC will send out 1 LTC before fees.

Fees
The only fee other than normal trading, is a 0.001 LTC minimum withdraw fee.
This helps us insure we have LTC to cover when the litecoin network requires a transaction fee.
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March 13, 2013, 12:13:06 AM
 #2

You have ONE MILLION LITECOINS?!?

This is awesome because it lessens arbitrage between markets and overdependence on BTC-e.

*makes a Novacoin ETF to troll smoothie*


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Ukyo (OP)
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March 13, 2013, 01:05:02 AM
 #3

You have ONE MILLION LITECOINS?!?

This is awesome because it lessens arbitrage between markets and overdependence on BTC-e.

*makes a Novacoin ETF to troll smoothie*

LOL I wish! With the 120+% price gain today on LTC alone that would be great.

The 1mil is just a current cap for the asset. Since ltc is deposited/withdraw by people it has no real bearings.

Although, so far the asset is starting to get a lot of attention.
I would like to say thanks to those who have already started to deposit amounts to give it a try. Smiley
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