quora TenX Wallet adds Litecoin, Sets to Launch Debit Card
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TenX Wallet adds Litecoin, Sets to Launch Debit Card

TenX, a startup cryptocurrency payment platform, announced it has added Litecoin to TenX Mobile Wallet for both iOS and Android.

TenX is a mobile wallet app that supports various cryptocurrencies such as bitcoin and Ethereum, and now Litecoin too. It also already has a card ready to spend crypto anytime and anywhere.

The card is available to use in almost 200 countries at over 36 million points of acceptance online and offline.

litecoin coin with a card and a dollar bill on the background
TenX and Litecoin plans to develop a debit card.

“TenX recently added LTC to their wallets, and we are working with them to launch a LiteCoin debit card,” Litecoin creator Charlie Lee said via Twitter. “Stay tuned for more information. LitePay who? #PayWithLitecoin”

TenX said it added Litecoin to its iOS and Android wallet apps without an announcement. The platform said it wanted a small group of users to notice the newly listed crypto and live-test it for bugs before an official notification.

“Litecoin was integrated a little over a week ago without an immediate announcement, which it allowed for a slower adoption rate while we are finalizing live testing,” said Dr. Julian Hosp, co-founder & President of TenX.

“Going forward this will be our process for new coin integrations to ensure both stability and wide availability.”

TenX with a New Partnership with Litecoin

The platform disclosed their excitement over the new partnership with Litecoin Foundation to develop a co-branded TenX and Litecoin debit card.

“We are also excited to announce a new partnership; we have reached out to, and are working with the Litecoin Foundation to introduce a co-branded card for which more information will be available soon,” said Dr. Hosp.

“We hope to become the preferred payment platform for fans and owners of Litecoin, and cannot wait to see you use our wallet and join the revolution!”

The Litecoin Foundation is a Singapore-based non-profit organization. It aims to advance Litecoin for the good of society through developing and promoting blockchain technologies.

“A TenX Litecoin debit card makes it easy for people to spend Litecoins. And it’s a great stepping stone towards paying with Litecoin directly,” said Lee.

This is the Litecoin Foundation’s second foray into plastic after a hyped up but failed venture last month. That was the time when its payment processor LitePay ceased operations.

Litecoin was trading at $129.43, with a surge of 14.15% and a market capitalization of $7.25 billion. Experts believed that the price is on the move towards $132. It will most likely break the $132 and $135 resistance levels to gather bullish momentum.

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