Litecoin News
Litecoin is now supported in the popular Visa
application.
The Spend mobile app now allows crypto users to buy, sell and pay with Litecoin at more than 40 million points.
The Spend platform works in such a way that allows mobile users to access a multi-currency digital wallet on their smartphone by connecting to a bank account. In addition, users can store and spend their Litecoin with a Spend Visa card, which instantly converts cryptocurrency to fiat money.
By connecting to the Visa application, Litecoin opens up access to digital assets in millions of different locations around the world.
Spend.com reported on their Twitter account:
Litecoin is now available at #SpendApp. You can buy, sell, and #PayWithLitecoin with your associated bank account. Spend #LTC to more than 40 million locations with Spend Wallet, instantly switching to Fiat mode with #Spend Visa card!
According to the Spend team, application users can connect to an open financial system:
We firmly believe in the fourth industrial revolution and the digitization of currencies. Worldwide users get huge benefits by having control over their finances and creating an alternative financial solution for those who do not have access to banking.
In addition, the Spend application will allow users to buy or sell more than 16 cryptocurrencies directly from a bank account and transfer funds to more than 180 countries of the world.
Through the Spend wallet, all cryptocurrencies will be converted into Canadian dollars, US dollars or euros.
In terms of price, Litecoin is currently the fifth largest cryptocurrency in the world according to CoinMarketCap. The digital asset is trading at $ 42.76 after a decline of 1.17% in the last 24 hours.
What do you think about Spend platform?