Friday, January 17, 2020

Litecoin Now Approved In 30,000+ Stores

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Jide Idowu
I am Jide Idowu. A stay-at-home dad and a cryptocurrency enthusiast. I have had my hands on freelance writing for over five years, researching and writing guides, reviews, and latest cryptocurrency news for various blogs and individuals world over.

As cryptocurrencies gain ground, more and more technology-based firms find ways to incorporate the nascent technology into everyday life. Moon, prior to this time, enabled bitcoin lightning payment on the Amazon platform. Now Flexa, a cryptocurrency payment startup is incorporating Litecoin payment into its mobile wallet. This gives over 30,000 stores in the United States the opportunity to accept Litecoin payments.

Cryptos Continues To Gain Ground

This is good news to both cryptocurrency holders and store owners. Those who hold the Litecoin cryptocurrencies now have more than 30,000 places to spend their cryptocurrencies. As announced, some of these places include Barnes & Noble, GameStop, and Nordstrom.

The new partnership which was seen confirmed by both parties, Flexa and Litecoin, had Litecoin’s founder commenting on this groundbreaking move, saying, “I’m excited to see Flexa help push mainstream adoption of Litecoin payments. Being able to pay with LTC at all these new major merchants is great for the entire Litecoin community.”

Also, in an announcement made via a blog post said that Flexa is delighted to “announce Litecoin (LTC) as the fifth digital asset to be accepted by merchants on the Flexa network, and the first coin added to the network since it launched in the US just seven weeks ago.”

Alongside Litecoin, Flexa also allows those with Bitcoin, Ethereum, and Bitcoin cash spend their coins everywhere Flexa payments are accepted.

Global Adoption Of Cryptocurrencies

Cryptocurrencies, being an open source project has continued to grow. Over time, as various parties in their little capacity add their bits, the nascent technology is drifting toward its purpose – a currency for micropayments.

A couple of development has brought cryptocurrencies to our fingertips, with the development of cryptocurrency wallets which enables us to send and receive cryptocurrencies with few clicks.

Some other crypto related firms have provided means to safely secure our crypto assets, by providing hardware wallets and also software wallets with modern features.

Litecoin Continues To Make A Steady Growth

Litecoin continues to make steady growth as it pushes forward towards halving on its blockchain. Despite heavy correction of other top cryptocurrencies, Litecoin sees some green with a 3.48% in the past 24 hours. Tthe coin trades at $123.35 as at the time of reporting.

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