Bitcoin Latinum Backers Get Boost

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Bitcoin Latinum (LTNM) backers had their support further rectified this week, as the cryptocurrency was successfully launched on DigiFinex.

Launching on DigiFinex, a platform that has a global following and over four million daily users, LTNM saw an opening of over 200 percent in its first hour.

Not only that, but its developers also announced that it will be available on six other exchanges by the end of the year. These exchanges are as follows: HitCTC, FMFW, Changelly, Changelly Pro, Bitmart and XT.com.

Monsoon Blockchain Corporation, who developed the cryptocurrency on behalf of the Bitcoin Latinum Foundation, also discussed the challenge of making this crypto more environmentally friendly than its alternatives.

According to a statement, this is a challenge that has already been conquered: “LTNM is one of the greenest cryptocurrencies in existence, and recently joined the Crypto Climate Accord.”

The reasoning put forward for this was as follows: “Utilizing (an) advanced Proof of Stake (PoS) mechanism, LTNM holders… earn rewards for holding their coins as collateral to stake on the Bitcoin Latinum network. This leads to less electricity consumption. LTNM reduces the energy consumption to only 0.00015 kWh per transaction.”

This asset-backed cryptocurrency is gaining new fans every day.

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