[ad_1]
***
The Litecoin Foundation has announced the launch of a new debit card, which will allow users to make payments with their crypto – currencies wherever credit card payments are accepted, that it 's all about. act as virtual stores or physical establishments.
According to an announcement published by the foundation, the special edition of Litecoin BlockCard will allow the use of litecoin (LTC), Bibox token (BIX) and Ternio (TERN). As such, it is particularly intended for users who want to use their cryptocurrencies to access products and services.
The first customers who will be able to use the card will be users residing in the United States, and Bibox Exchange will be the institution responsible for the retention of user funds, making available its services that capitalize about 200 million USD in transactions with cryptocurrencies.
In a statement, the foundation states:
"The special edition debit card will be launched for the first time in the US and will soon be available to customers in other parts of the world.Bibox Exchange and the Litecoin Foundation will integrate the product into LoafWallet, the official stock exchange. Litecoin Users can easily and easily access their maps, which can use their cryptomoendas to buy products and services.
Promote the adoption of litecoin
For its part, the creator of litecoin, Charlie Lee badured that the new card would help promote greater adoption of digital currency as a currency for travelers, particularly useful for payment in hotels, shops, services and for general purchases:
"We took advantage of Ternio's BlockCard platform with the Bibox exchange engine. Litecoin users can now use their LTC funds in stores around the world. "
Lee also said that they would soon publish more information for US residents, reporting on the registration mechanisms for acquiring the respective card.
Source: Dailyhodl
Version of Angel Di Matteo / DailyBitcoin
Main image from Pixabay
Source link
