Litecoin (LTC) is Now Listed on Monaco (MCO) Wallet

Last Updated on Aug 2, 2018 at 11:47 AM

Crypto.com is thrilled to announce it has listed Litecoin (LTC) on Monaco mobile wallet.

Litecoin (LTC) becomes the first cryptocurrency supported by payment company Crypto.com’s mobile wallet after completing its rebranding, as reported on Wednesday. Thus, starting yesterday, users can use Litecoin as the base currency for transactions made on MCO mobile wallet, the company said.

LTC is not the only currency accepted by the platform. Before its rebranding, Monaco has offered support to the following cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), and Crypto.com own MCO token (MCO).

“By adding Litecoin to the MCO platform, CRYPTO.com is enabling MCO users to spend LTC, among other cryptocurrencies, with the MCO Visa Card once it becomes available in their market. Using the MCO Wallet App, users can buy, exchange, sell, and track their cryptocurrencies,” Crypto.com declared in a statement.

As reported earlier last month by Coindoo, crypto Visa card company Monaco has acquired the new domain: crypto.com, first registered in 1993 by Matt Blaze. The acquisition amounted to approximately $10 million. Monaco stopped at this web address due to a large number of visitors it registered, the image it had, but also for the idea it is promoting.

Kris Marszalek, the CEO of Monaco (now Crypto.com) stated:

“This is a very powerful identity that we are taking on. It’s representative of the entire category so it comes with a huge responsibility on us to carry the torch. We don’t take it lightly and this is one of the things that I think we conveyed successfully, that, as a company, we do have a higher purpose.”

MCO Visa Card and Wallet App is available on the Google Play Store as well as App Store, already recording over 100,000 downloads on the Android operating system. MCO wallet offers data, including price, traded volume, market capitalization, charts, trading platform and rate on over 200 virtual currencies.

“Litecoin Foundation and CRYPTO.com share a common vision of accelerating the development and adoption of cryptocurrency,” Charlie Lee, Litecoin founder claimed.

According to CoinMarketCap, Litecoin (LTC) has a market capitalization of $ 4,483,867,801 and is traded at $ 77.75, down 0.50%.

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