CRYPTO.com which was formerly known as Monaco has announced its decision to add Litecoin (LTC) to its MCO Wallet App on August 1st, 2018. Very soon, users will be able to spend Litecoin like other cryptocurrencies using the MCO Visa Card.
CRYPTO.com, a Hong Kong based company, is a newbie in the niche of payment and cryptocurrency. The other virtual currencies which are accessible in MCO Wallet App are Bitcoin (BTC), Ether (ETH), Binance Coin (BNB), and CRYPTO.com’s MCO. Most importantly, users can purchase, transfer, and exchange all listed coins with high security inside the app.
LTC To List
LTC is the is the first virtual coin in the MCO platform since the launch of its MCO Wallet App. The addition of the virtual currency to the MCO platform will provide the users with multiple trading options. Moreover, it lays the foundation to launch MCO Visa Card in the crypto market.
Kris Marszalek, said that the benefits of adding LTC include transforming into a go-to, instinctive virtual currency exchange platform. Besides, the functionality of the app will enhance to improve user comfort and experience in the coming days.
He further commented that platform will add more virtual currencies to widen its scope. Besides, he said the addition of Litecoin is really an essential step. This will broaden the audience of the crypto industry including the investors and traders.
Litecoin CEO Excited And Positive
The creator of Litecoin, Charlie Lee said both the CRYPTO.com and the Litecoin Foundation focus on increasing the momentum of the adoption and advancement of cryptocurrency.
He said he is excited about the addition of the Litecoin to the MCO Wallet App and looking forward to a better role by the CRYPTO.com in helping users to spend and buy LTC.
In a way, this announcement reveals the plans of the MCO platform. MCO Wallet App allows users to buy, sell, exchange, and track their virtual currencies anytime. CRYPTO.com helps their users to spend Litecoin along with other cryptocurrencies using MCO Visa Card.
CRYPTO.com aims to accelerate the transition of the world to cryptocurrency. Virtual currencies get add to the list post careful reviews and evaluation. At present, the total listed virtual currencies are five and definitely, this numbers will change as it gets popularity and acceptability form the users.