TenX adds Litecoin to his credit card
The TenX cryptocurrency credit card grew one cryptocurrency last week. As the TenX and also Litecoin founder Charlie Lee confirm, the TenX credit card can now be used to pay worldwide with Litecoin at all Visa and Mastercard acceptance points.
Yesterday, on TenX's corporate blog, Litecoin implemented Litecoin (LTC) support a week ago on both the TenX Wallet app for iOS and Android.
The late announcement justifies TenX that the live tests could be completed during the slower acceptance phase. This method should also apply to future cryptocurrency implementations to ensure stability and broad availability.
In addition, the TenX team announced that it has partnered with the Litecoin Foundation. As part of this, TenX and Litecoin will issue a co-branded credit card, which is expected to be available shortly. The TenX team explained:
We hope to become the preferred payment platform for fans and owners of Litecoin, and we can not wait to see how you use our wallet and join the revolution!
Charlie Lee, the inventor of Litecoin also confirmed the announcement of TenX and could not resist an allusion to the failed project LitePay: "LitePay who?"
LTC is the third cryptocurrency supported by the TenX credit card. Previously, owners of the card could use Bitcoin and Ethereum to make payments through the TenX card.
According to the TenX Support website, there are already more cryptos under development. The ERC20 token standard is in an internal testing (alpha version). The implementation of Dash is in beta testing.
It is important to know that the TenX Cards are currently invalid. Since the company does not yet have a banking license (is sought), TenX had to buy the cards through an intermediate provider, Wave Crest. At the beginning of January, however, it became known that Wave Crest was denied Visa permission to issue cards. This was forcibly affected by TenX. According to update from 29.03. It is not yet clear when new cards can be issued.
However, the main goal for 2018 is to obtain a banking license. TenX could also issue their own cards.
Coins mentioned in post: