From now on, you can pay with Litecoin (LTC) almost everywhere. Yes, really. Many people did not expect Litecoin to become the first crypto currency you can pay with almost everywhere, but it now seems to be true. VISA is announcing the ‘Litecoin Card’.
VISA’s Litecoin Card
So there will be a new VISA payment card, namely the ‘Litecoin Card’. This Litecoin Card automatically converts your Litecoin to euros or dollars when you want to pay. So basically you just pay with your Litecoin. It will be a debit card and so in use there is actually little difference from your normal debit card, only you can basically always keep your money in crypto.
So this means that from now on you can use your Litecoin to pay for groceries, or to order something online. You can use your Litecoin for almost anything from now on. In addition, the card will be connected to the Litewallet app. This is a wallet that you can use for anything you want to do with Litecoin. You can store your Litecoin in it, you can receive Litecoin with it and you can send Litecoin with it.
This is obviously good news for the crypto world. The lack of acceptance and usability of crypto is a major criticism that, for example, gold enthusiasts still have towards crypto. So when a particular crypto currency, in this case Litecoin, can be used almost everywhere from now on, this is clearly good news for the development of the crypto market.
It could possibly be a good time to start investing in Litecoin, as people no longer have a reason to sell Litecoin. This could make more people want to buy Litecoin than people want to sell Litecoin which in turn would make the price of Litecoin go up. Would you like to buy Litecoin now? You can! For example through Bitvavo. Through this link you can trade your first € 1000 for free.
