BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, today announced support for Litecoin in the BitPay Wallet app. Consumers can buy, store and swap crypto in addition to buying gift cards safely and securely. Starting this week, businesses using BitPay are expected to be able to accept Litecoin as a payment method from any wallet.
Newegg.com will become the first merchant to accept Litecoin through BitPay just as it was the first major e-retailer to accept Bitcoin for purchases back in 2014.
It's official! @Newegg will now accept LITECOIN!! Thanks to our friends @BitPay, Newegg is the first of 1000s of merchants worldwide that will now be able to accept #Litecoin ⚡️ as a form of payment via BitPay https://t.co/47MkGbefyG #PaywithLitecoin #Litecoin10 $LTC #LitecoinFAM pic.twitter.com/bOmzJh8lMt
— Litecoin Foundation (@LTCFoundation) July 29, 2021
Senior Brand Manager at Newegg, Andrew Choi said;
“As the first major online shopping destination to work with BitPay to accept Bitcoin and now Litecoin, Newegg supports our early-adopter customers globally and emphasizes our commitment to bring innovation to the online shopping experience, The excitement and momentum around cryptocurrency are undeniable, and we are committed to making it easy for our customers to shop online.”
In addition to Litecoin (LTC), BitPay currently accepts 11 other cryptocurrencies including BTC, BCH, ETH, XRP, DOGE, DAI, WBTC and stable coins USDC, GUSD, PAX and BUSD.