LitePay and LitePal Explained – Launch of Two Major Litecoin Payment Processors

http://www.ThinkingCrypto.com LitePay is to launch this week, and LitePal later this year. This is a game changer and massive for Litecoin. They have just increased their utility and adoption potential.

LitePay – going to make Litecoin usable anywhere that Visa is. It will convert all payments to/from US dollars immediately, and all deposits will incur “a simply, flat 1% settlement charge” as opposed to the 3% charged by credit cards, according to the official website.

Palwasha Saaim, a research analyst at Lombardi Financial, said: “It would allow businesses to accept Litecoin without worrying about price volatility. Payments would be processed by LitePay instantaneously and settled directly with their banks. Take note that BitPay is currently charging about $5.00 transaction fees for processing Bitcoin transactions that take ages to confirm. The best part is that Litecoin users will be able to convert litecoins to dollars and vice versa through their Visa-compatible LitePay cards, which will be usable at all ATMs or businesses that support Visa payments.”

LitePal – “LitePal is a Litecoin-first payment processor. We envision a cryptocurrency world where Litecoin is utilised by merchants from all over the world; one streamlined, simple, less confusing process.

Sign up with Coinbase for Free to start investing in Bitcoin and get $10 free Bitcoin when you spend $100! – https://www.coinbase.com/join/59db057bed984302ff3b1275

Easily purchase Altcoins such as Ripple XRP, Cardano and more on the Binance exchange – https://www.binance.com/?ref=21575512

Get the Ledger Nano S to Safely store your Cryptocurrency! :
-Buy directly from Ledger – https://www.ledgerwallet.com/r/acd6
-Buy on Amazon – http://amzn.to/2zYgdAv

Mine Bitcoin and other Cryptocurrencies Daily with HashFlare! Free to sign up! – https://hashflare.io/r/373CC8F3

Mine Bitcoin and other Cryptocurrencies with Genesis Mining. Use code “he76Rc” and get 3% off every purchase – https://www.genesis-mining.com/a/2126471

Help support the channel! Donations :
BTC – 3GPcKwB3UGML4UiYqZM6BYx7Nu5Dj7GKDD
ETH – 0x7929e49cabe8d95d31392eaf974f378b508da2f4
LTC – MWMhsyGX7tsTPGS2EtSCAWpy3ywCv25r6B
XRP – rDsbeomae4FXwgQTJp9Rs64Qg9vDiTCdBv Destination Tag – 35594196

Follow on Facebook – https://www.facebook.com/thinkingcrypto/
Follow on Twitter – https://twitter.com/ThinkingCrypto1

Disclaimer – Thinking Crypto and Tony Edward are not financial or investment experts. You should do your own research on each cryptocurrency and make your own conclusions and decisions for investment. Invest at your own risk, only invest what you are willing to lose. This channel and its videos are just for educational purposes and NOT investment or financial advice.

LitePay and LitePal Explained – Launch of Two Major Litecoin Payment Processors

Related Post:

About The Author

Kane Dane