TenX, a blockchain pioneer that makes multiple cryptocurrencies instantly spendable in everyday life, today announced that it has added Litecoin (LTC) to TenX Mobile Wallet for both iOS and Android.
The TenX payment system includes TenX Mobile Wallet (available on iOS and Android) that can be funded with different virtual currencies and TenX debit card, which can be used in almost 200 countries at over 36 million points of acceptance online and offline.
Created by Charlie Lee in 2011, Litecoin is a transaction-friendly cryptocurrency that is commonly thought of as the “silver” to Bitcoin’s gold. Litecoin has some key technical differences to Bitcoin that make it the premier cryptocurrency for payments, namely its faster transaction speeds and cheaper fees.
“Litecoin was integrated a little over a week ago without an immediate announcement, which allowed for a slower adoption rate while we are finalising live testing. Going forward this will be our process for new coin integrations to ensure both stability and wide availability.”
TenX was also excited to announce a new partnership with the Litecoin Foundation to introduce a co-branded card.
The Litecoin Foundation is a Singapore-based non-profit organization, which mission is to advance Litecoin for the good of society by developing and promoting state-of-the-art blockchain technologies.
“We hope to become the preferred payment platform for fans and owners of Litecoin, and cannot wait to see them use our wallet and join the revolution!” added Dr. Hosp.
“A TenX Litecoin debit card makes it easy for people to spend Litecoins. And it’s a great stepping stone towards paying with Litecoin directly.”, said Charlie Lee, the creator of Litecoin.