The working of Litecoin Card is something that should be understood by those who are looking to use it.
Charlie Lee, tweeted: “Litecoin Card is now open to all US residents! Sign up at Litecoin-card.com today and get your LitecoinCard so you can PayWithLitecoin everywhere Visa is accepted.”
Ian Kane stated, that the demand from the Litecoin Community has been so strong that they opened up LitecoinCard Enrollment to all of the US residents. Thus, now it is possible for anyone to sign up at Litecoin-Card.com to get a virtual-physical LTC card.
Ian Kane further stated, today is your day! Go signup, deposit you’re LTC, pass KYC, and you’ll instantly get a virtual card to pair with Apple, Google, and Samsung pay while we mail you a plastic card too. Use the litecoincard tag to show off your first purchase.
Reward seekers however are wondering if there will be any rewards for using this card for purchases? Some have to state that they were not able to find that info on the website and felt that they might have probably missed it.
Commenting on the card, Sydney Ifergan, the crypto expert opined: “Litecoin (LTC) with their Litecoin-Card are trying to catch up the Visa market and it just looks like they want to replace fiat. However, wondering if this is possible real-time.”
Litecoin (LTC) To Pay Everywhere With Visa
The Litecoin Card’s Virtual platform is the only platform which permits one to actually stay in Litecoin. Users can deposit their favorite cryptocurrency to fund their account. The account balance in cryptocurrency is converted to LTC. This value in the Litecoin is the purchasing power. The cash in LTC is sold and converted to fiat to cover the item amount from the Merchant.
Cryptocurrencies like the Litecoin have gained significant interest as a currency to do business; however, in the past there were some downsides. Those who did not have any kind of previous experience with cryptocurrencies did not know how to get started.
There were also lot of delays when it was about paying for goods and services using cryptocurrency, which could involve long delays for the blockchain verification process. However, the Litecoin Card permits one to deposit the cryptocurrency and convert it in to dollars to fund the account to further be able to begin spending in minutes by following four easy steps like registering, depositing, pass KYC, and receive card.
The good thing is that whether it’s a cryptocurrency transfer, direct deposit or reloading at one of thousands of retailers, Litecoin Card has all the bases covered.