The payment platform Crypto.com has added Litecoin (LTC) as the first cryptocurrency supported on MCO Wallet after the company’s rebranding.
Litecoin (LTC) became the first cryptocurrency to be added on MCO Wallet after the parent company’s rebranding. However, before the company changed its domain to crypto.com, it already provided support for four virtual assets, counting Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), and Crypto.com own MCO token.
#Litecoin (LTC) has been added to the MCO Wallet App, the first #cryptocurrency to be added to the MCO platform since the app launch. It joins BTC, ETH, BNB, & MCO. All can be purchased, exchanged, and sent securely within the app https://t.co/Ut7evJUyo4 @SatoshiLite pic.twitter.com/AahCpTwMLc
— Crypto.com (@cryptocom) August 1, 2018
As reported by Crypto.com, the decision to list Litecoin (LTC) was influenced by market demands and the notoriety of the coin.
Crypto.com’s co-founder and CEO Kris Marszalek claimed:
“By listing Litecoin on the MCO Wallet App, we are deepening both the functionality of the app for users and transforming into a go-to, intuitive cryptocurrency exchange platform. We look forward to continually and regularly expanding the variety of cryptocurrencies available to our platform users. Our support of Litecoin marks an essential step in this process as we strive to broaden the audience of cryptocurrency spenders and investors.”
Litecoin CEO and Founder Charlie Lee is also excited about the new collaboration. Through this, he aims to expand his company’s database of those interested in cryptocurrency.
Charlie Lee commented:
“Litecoin Foundation and Crypto.com share a common vision of accelerating the development and adoption of cryptocurrency. As Litecoin moves towards widespread acceptance as currency for a growing number of merchants, I’m excited to see Litecoin support added to the MCO Wallet App and the MCO Visa Card. We look forward to advancing the mission to expand cryptocurrency use together with Crypto.com by helping more users buy and spend Litecoins in their day-to-day lives.”
You can download MCO Visa Card and Wallet App from the Google Play Store and App Store. There are already registered more than 100,000 installations on Android devices. Using MCO wallet, you have access to financial data like market cap, traded volume, price, and charts on more than 200 cryptocurrencies.
According to CoinMarketCap, Litecoin (LTC) has a market capitalization of $4,364,823,465 and is traded at $75.67, down 0.89%.
Author: Adriana Midrigan