The MCO Wallet App by Crypto.com will now support Litecoin (LTC) on its platform. The wallet already supports four currencies, including Bitcoin (BTC), Binance Coin (BNB), Ethereum (ETH) and Crypto.com’s MCO coin. The app will facilitate the purchase, exchange and sending of all these currencies on its platform.
First App Addition Since Launch
This is the first cryptocurrency to be added to the platform since the wallet was launched. With the addition of Litecoin, users will be able to buy and spend more digital currencies on the MCO Visa Card once it becomes available. Crypto.com co-founder and CEO Kris Marszalek said:
“By listing Litecoin on the MCO Wallet App, we are deepening both the functionality of the app for users and transforming into a go-to, intuitive cryptocurrency exchange platform. We look forward to continually and regularly expanding the variety of cryptocurrencies available to our platform users.”
He added that the app’s support for Litecoin would mark an important step in the process of creating a better crypto service and help broaden the scope of digital currencies in terms of investors and spenders.
Litecoin Founder Talks About Common Vision
Litecoin creator Charlie Lee said that the collaboration between the two entities would advance the mission to expand digital currencies. He said that an increasing number of merchants have started accepting Litecoin payment, and its addition to the Crypto.com stable would mean its further acceptance of the MCO mobile app, as well as the MCO Visa Card. He also expressed hope that this collaboration will help more users in buying and spending Litecoins in their daily lives.
Crypto.com said that it continues to review and evaluate digital currencies for addition to their MCO Wallet App.
The company has recently completed a rebranding exercise where they changed their name from Monaco to Crypto.com. The Hong Kong based company’s acquisition of the Crypto.com domain made headlines with the owner of the domain, Matt Blaze, refusing to comment on the sale. The amount for which the domain was sold has not been disclosed, but some experts suggest that the number could be close to $10 million.