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So, the big news is finally here. The Cryptocurrency industry is now about to witness a revolutionary change with the big launch of the first Litecoin (LTC) native Visa Debit card by BlockCard. This is already a massive step towards monetizing the cryptocurrency in the various economic sectors for regular consumption.
Company director and the brain behind the initiative, Mr. Charlie Lee, believes that this is their second endeavor to get commercial. He and his team took every measure to make the launch a grand success. Lee regrets the failure of the debit card associated with LitePay in his first attempt as LitePay went out of business.
He reiterated the major points of differentiation between the Litecoin Debit card and such other cards supporting the crypto asset. Many other debit cards support LiteCoin, but they only support funding with the same. However, this card is created to be natively LTC, so the funds are only kept on hold with LTC unless you swipe the card.
There is no distinction on the customer-base who can sign up for the card. Even the regular users of Litecoins can sign up for the same. However, the card will only be available in the market after a few tweaks and finishing touch. The entire process may take up a few more weeks before the final release.
The debit-card genius also reiterated that the whole idea of “Litecoin Maximalist” does not exist. In his opinion, most of the traders of Litecoin also deal in and support BTC, which gives them a varied platform for investment.
The biggest advantage of developing the Litecoin Debit card is that the users will be at ease of depositing in twelve major cryptocurrencies. This card allows them to deal with all the major stablecoins and every popular cryptocurrency currently available.
The company has already reported about three hundred users signing up for the same so far. And the figures will increase competitively within a few days. This success is a definite result of the fact that Litecoins has continuously been at the top ten investment assets in the market. Their market capitalization has an all-time stable track record and the biggest following on social media. This makes the debit card a lot more valuable in the current times.
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