GAR Limited d/b/a/ Netcoins (CSE: NETC) (OTC: GARLF) is pleased to announce that it has listed Litecoin, available for immediate purchase, via our OTC Private Brokerage Services business and our 21000+ retail locations in Australia, Europe and Canada.

Litecoin is currently #7 by market cap for cryptocurrencies. The Litecoin Network aims to process a block every 2.5 minutes, rather than Bitcoin’s 10 minutes. The developers claim that this allows Litecoin to have faster transaction confirmation. 

“Adding Litecoin to our growing retail network and OTC software will further drive top line transactional revenues and net revenues as well,” said Netcoins CEO, Mark Binns. “Every time we list a coin, we give our resellers and OTC desk another product to sell, and it allows us to tap into another segment of buyers. Further, the network effect of having a growing number of coins available to our community is having a positive impact on the attractiveness of our platform and its value to crypto traders and investors.”

About the Company

The Company is in the business of developing software to make the purchase and sale of cryptocurrency easily accessible to the mass consumer and investor through brokerage services. Netcoins enables crypto transactions via 21,000+ retail locations in Canada, Europe and Australia and an Over-The-Counter (OTC) trading desk.