Connect with us

Hi, what are you looking for?

ELEVENEWS

Cryptocurrencies

After Ripple’s XRP and Tron, Travala now supports Litecoin too

Travala will also be responsible for the accommodation arrangements of the upcoming Litecoin Summit that will take place later this year.

With every passing day, cryptocurrency space is becoming more progressive as well as competitive. To beat their supposed competitors and shine in the limelight of the mania for longer terms, the only shared priority of every significant crypto project is to seek for massive adoption, which only happens when their digital asset gets introduced to masses. That is why the recent development by Litecoin foundation can be considered as a magnificent achievement.

According to the recent news circulating in the crypto-mania, Litecoin, the 5th largest cryptocurrency in the market (in terms of market capitalization), has partnered with Travala.com, a leading blockchain-powered digital currency accommodation booking platform. In the lights of this partnership, LTC users will now be able to save up to up to 40% from their hotel bookings through Litecoin’s LoafWallet (an Android and iOS wallet for Litecoin).

Along with this, Travala will also be responsible for the accommodation arrangements of the upcoming Litecoin Summit that will take place later this year, in which top blockchain and visionaries like Charlee Lee, Founder and the CEO of Litecoin, Anthony Pompliano, Co-founder of Morgan Creek Digital, and Tim Draper, Founder of Draper Associates, will appear key-note speakers.

The #TravelWithLitecoin campaign that got launched as a result of this partnership is the continuation of #PayWithLitecoin. Just like the former’s, the responsibility of #TravelWithLitecoin campaign is to promote LTC usage for everyday business among their prestigious community.

Speaking about the partnership with Litecoin, Matthew Luczynski, CEO (and Founder) of Travala.com expressed his views saying that the alliance is a significant achievement for both parties as it will enable to welcome all those who share their vision of the crypto economy. In his own words:

“THE CONSUMER IS IN THE DRIVER SEAT WHEN IT COMES TO ACHIEVING MASS-MARKET CRYPTOCURRENCY ADOPTION, AND WE’RE DELIGHTED TO EMBARK ON THIS JOURNEY WITH THE LITECOIN FOUNDATION WITH A UNIFIED GOAL: TO BRING THE MAINSTREAM USE OF CRYPTOCURRENCIES INTO EVERYDAY LIFE. THIS IS A PROUD MILESTONE FOR US AS WE CONTINUE BUILDING OUT OUR PLATFORM TO WELCOME THOSE WHO SHARE THE SAME VISION FOR THE CRYPTO ECONOMY”.

Charlie Lee, Founder and Managing Director of the Litecoin Foundation, also expressed his views about the newly developed partnership as follows:

“WE ARE EXCITED TO WORK WITH TRAVALA.COM TO MAKE IT EASIER FOR LITECOIN USERS TO #TRAVELWITHLITECOIN. NOTHING AIDS MASS ADOPTION MORE THAN REAL-WORLD USE CASES, AND THE OPPORTUNITY TO USE A GLOBAL CURRENCY LIKE LITECOIN TO TRAVEL AROUND THE WORLD IS A POWERFUL ONE.”

Having its presence in more than 82K locations in 210 countries and territories, Travala.com functions as a doorway to a comprehensive travel booking experience. Along with the new addition of Litecoin, the blockchain-focused travel booking platform also accepts other major cryptocurrencies as well that includes, Bitcoin, Tron, Bitcoin Cash, XRP. The platform also supports the general online payments options including Visa, PayPal, and MasterCard.

News Source

Advertisement

Copyright © 2020 Elevenews