BlockBank is adding long-time market favorite Litecoin to the upcoming V2 release of its mobile application, allowing users to deposit their native Litecoin directly into the BlockBank wallet. The 10-year-old peer-to-peer internet currency is an open-source, global payment network that enables instant, near-zero cost payments to anyone in the world.

In addition to its strategic partnership with Litecoin, BlockBank will be actively working with the Litecoin Foundation, a non-profit organization aiming to further the education and adoption of Litecoin within our application.

To celebrate these exciting collaborations, and discuss future ways to integrate and bring additional services to the community, BlockBank will host a special event on BlockBank TV. The event will be open to the public and will include interviews with the following notable figures:

  • Charlie Lee, creator of Litecoin and managing director of the Litecoin Foundation

“Bringing the Litecoin Foundation’s initiatives into the BlockBank ecosystem is a massive milestone for our community and platform. With Litecoin’s move into asset tokenization and NFTs, the possibilities are endless as to what we can offer our users over the next few months,” said Kelghe D’Cruz, CEO of BlockBank.

“All-in-one applications like BlockBank are an integral part of the growing cryptocurrency infrastructure, and we are happy to see Litecoin added and viewed as a key asset within the BlockBank app,” said David Schwartz, Litecoin Foundation project director. “We are looking forward to finding more ways that Litecoin can be used within BlockBank.”

About Litecoin Foundation: The Litecoin Foundation is a non-profit organization whose mission is to advance Litecoin for the good of society by developing and promoting state-of-the-art blockchain technologies. Litecoin is a peer-to-peer digital currency that enables instant, near-zero cost payments to anyone in the world. The Litecoin Foundation Ltd. is headquartered in Singapore (registered UEN# 201709179W) with an active team contributing from around the globe.

About BlockBank: BlockBank’s vision is to create an all-in-one crypto application that simplifies the user experience without compromising security, privacy, or decentralization. We aim to combine the best of DeFi and CeFi worlds in one place, incorporating patented AI technology to bring financial empowerment to clients.

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