[ BitFunder ] CRYPTO.LTC - Buy/Sell LTC with BTC - Native LTC support

Ukyo

sr. member

Activity: 448

Merit: 250

Quote from: iCEBREAKER on March 12, 2013, 07:13:06 PM

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.

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

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*

Ukyo

sr. member

Activity: 448

Merit: 250

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.

Topic: [ BitFunder ] CRYPTO.LTC - Buy/Sell LTC with BTC - Native LTC support (Read 7874 times)