LOTEO IS ADDING BITCOIN PAYMENT METHOD

LOTEO
LOTEO
Published in
3 min readAug 29, 2019

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Dear Community,

The LOTEO project is making small steps every day and you can follow the most significant upcoming changes in the article SAVE THE DATE here.

Last weekend we have published the new website according the plan and we hope you like it much more than the old one. If you have not seen it yet check the website or read the article.

Furthermore as indicated in the SAVE THE DATE article the next upgrade is related to our payments methods.

Please be aware that we do want to be different than other platforms on the market and would like to offer wide range of the payments methods. Most of the platforms accept only native token payment opportunity.

CURRENT SITUATION

Nowadays you can deposit and withdraw with Ethereum as explained in this tutorial and furthermore you can also use the LOTEU token for the APOLLO11 daily lottery.

NEAR FUTURE

Soon we are going to launch the BITCOIN payment function and this step again will enlarge our community. This will be released in the following three stages:

  1. You will be able to deposit, withdraw and buy the weekly lottery ticket using dedicated Bitcoin wallet in the dashboard as you can see on the picture below and this step is ready to be launched.

2. You will be able to buy weekly lottery ticket directly without the dedicated Bitcoin wallet deposit.

3. You will be able to switch between Ethereum or Bitcoin in the dashboard wallet.

Also be sure this is not the last cryptocurrency we are going to add and more will come.

ACCORDING THE ROADMAP

Since the LOTEO’s focus is also the gambling niche, the plan according the roadmap is to launch the FIAT payment possibility via debit cards as well.

The idea how to enlarge the possible markets to other areas such as Africa is supported by adding the mobile message payment.

As you can see we have very challenging future ahead of us and we are continuously monitoring the needs of the market. The longterm plan contain also other payment methods known in gambling industry such as Stripe, Skrill or Paypal.

Stay tuned for the upcoming news since building a lottery project is an ongoing process and changes can take place anytime in the future.

Enjoy to play, win & earn.

We all can be winners with the LOTEO blockchain revolution. Let’s build LOTEO together.

For more questions, do not hesitate to contact us on the links mentioned below or read the official whitepaper.

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Media Contact: info@playloteo.com

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LOTEO
LOTEO
Editor for

Loteo is digital automated lottery platform that uses blockchain and smart contracts to create a fully transparent lottery with bigger chances to win.