The second largest cryptocurrency exchange in South Korea, Coinone, has announced support for Litecoin.

As reported on the site of the Coinone, trades for the LTC/KRW pair started on Monday, October 30, at 14:00 local time (04:00 GMT). At the same time, the possibility of making deposits and withdrawing funds was activated.

According to Coin.hills, Coinone ranks 7th in the global rating of cryptocurrency exchanges, outperforming such recognized players as GDAX, Kraken and Bitstamp.