Litecoin is live on Flexa
The Flexa network now supports LTC for payment at every Flexa-enabled merchant in the United States.
Flexa is delighted to announce Litecoin (LTC) as the fifth digital asset to be accepted by merchants on the Flexa network, and the first coin added to the network since it launched in the US just seven weeks ago.
As one of the first (and highest volume) cryptocurrencies, Litecoin distinguishes itself with low transaction fees, fast confirmation times, and an active community of avid supporters and payments enthusiasts. As the first instant cryptocurrency payments network, Flexa offers direct point-of-sale payments at more than 39,250 stores (and counting) across the United States. With their efforts combined, Flexa and Litecoin are delivering on cryptocurrency’s promise of secure, fast, and fraud-resistant payments that improve the status quo for merchants and consumers alike.
“I’m excited to see Flexa help push mainstream adoption of Litecoin payments,” said Charlie Lee, creator of Litecoin, who announced the integration at the Asia Blockchain Summit in Taipei on Wednesday. “Being able to pay with LTC at all these new major merchants is great for the entire Litecoin community.”
Adding Litecoin brings Flexa one step forward in its mission to make any cryptocurrency spendable at any store, in any country around the world. That’s why we’re so proud to partner with the Litecoin Foundation on bringing cryptocurrency payments into the mainstream, starting with inviting thousands more people to use Flexa’s SPEDN app. (As the first managed wallet to enable the Flexa network for consumers, SPEDN has already made a huge difference for people spending cryptocurrency in the United States by making those payments faster and more accessible than ever before.) SPEDN is available for iOS, with an Android beta launching on July 9.