Wednesday, May 25, 2022
Home Crypto News Market Litecoin Foundation Announced That LTC Is Now Accepted Anywhere VISA Is

Litecoin Foundation Announced That LTC Is Now Accepted Anywhere VISA Is

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Litecoin (LTC) has shared on Twitter that Litecoin, the fourteenth crypto by market capitalization, is accepted anywhere VISA is applicable.


Litecoin Official Twitter account said:

“Litecoin is accepted anywhere VISA is.. the Litecoin Card converts $LTC at the time of purchase. You can also connect the card with the Litewallet_App.”

 

LTC has gained much attraction, got enormous acceptance and use among its lovers and merchants after its launch. LTC was in the top ten cryptocurrencies by market capitalization for a long time.

Now as LTC will be accepted wherever VISA is, users can pay for any service or product that accepts VISA card payments. This includes online shopping, retail, digital services, restaurants, and more. Additionally, the VISA debit card that Litecoin issued would convert crypto into US dollars in real-time, according to the company’s website. On top of that, Litecoin added that there will be no additional transaction fees or deposit fees for using the Litecoin VISA debit card, but only a fee of $5 per month.

Here you must note that you’re not actually paying in Litecoin. The Merchant is not actually receiving Litecoin. It’s just a quick and easy way to sell your LTC into USD and hand it over to the merchant, But it is a nice first step.

Recently Binance Launched Litecoin Mining Pool, and World’s Largest Theater Chain, AMC Integrated Litecoin As Payment Method.

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Disclaimer

The content is for informational purposes only and may include the author’s personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

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