Users of the Wirex Bitcoin debit card can now make payments with Litecoin. Wirex announced full Litecoin integration with its new Wirex LTC (Litecoin) wallet, predicting that Litecoin could become a global payment option on dozens of big brand websites in the near future.
The Wirex LTC wallet will allow customers to buy Litecoin (LTC) by bank transfer and debit or credit card. Wallet users will also be able to deposit altcoin investments and instantly exchange them to Litecoin making it easier for investors to “cash out” cryptocurrency trading profits.
Wirex is the only provider in Europe allowing users to spend cash converted from Bitcoin and Litecoin with its cards. The cryptocurrency friendly personal finance platform offers exchange functionality between Bitcoin, GBP, EUR and USD. The prepaid debit payment card is currently accepted by 40 million merchants across 200 countries. The free Wirex contactless payment cards will be available for EEA customers from the beginning of May.
“Wirex keeps growing as a platform, and it’s natural for us to add new services and currencies. Litecoin has huge potential and a big community, so there is a lot of demand for this service on the market,” said Pavel Matveev, Wirex CEO.
In its recent announcement Wirex describe Litecoin as faster than Bitcoin with lower blockchain fees and declare that Litecoin “could become a global payment option available on dozens of big brand websites over the coming months.”
Litecoin is 7th by market capitalization, currently standing at $8.52 billion USD and with a per coin price of $151.33. Litecoin’s price has been climbing, with some fluctuation, since an end of March to mid-April slump. Litecoin’s price hit $346.90 USD during the December 2017 cryptocurrency market peak.
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