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Litecoin (LTC) is now available on Telegram‘s crypto wallet, an in-built crypto wallet on the widely used messaging app. This means that users, excluding users in the United States, can buy, sell, and trade digital assets directly inside the app.
The Litecoin Foundation shared the news earlier today, marking a major step forward for the asset and its users. With Litecoin, the 24th largest cryptocurrency valued at $7.1 billion, now listed on the platform, users will have easier access.
What This Means for Telegram Users
Telegram’s crypto wallet allows users to trade digital currencies seamlessly without needing third-party exchanges or external wallets. By adding Litecoin, Telegram is expanding its crypto offerings and making it easier for users to access one of the most established altcoins.
However, there is one clause. While non-U.S. users can buy, trade, and sell Litecoin within the app, external transfers are currently disabled. Users cannot send LTC to external wallets or receive LTC from outside Telegram.
Even with this limitation, Litecoin’s integration into Telegram makes it easier to use. The crypto asset is joining the other major assets already supported by Telegram’s wallet, including Bitcoin (BTC), Toncoin (TON), and Tether (USDT).
The Litecoin Foundation believes this integration is a significant step forward in converging messaging and cryptocurrency. The foundation highlighted how platforms like Telegram are paving the way for more innovative solutions catering to users’ needs.
The messaging app is making crypto more accessible to everyday users.
Telegram To Expand Its Crypto Features
Telegram’s wallet will soon allow users to buy and trade hundreds of cryptocurrencies. This means that, in the future, users can trade top assets like Bitcoin and Ethereum, memecoins, and other popular tokens.
A new feature will also be available for those who hold Toncoin and USDT. Users can earn passive rewards just by keeping their tokens in the wallet. This is another way Telegram is encouraging people to use its crypto features.
Telegram is becoming a big name in the crypto and blockchain space. The platform is growing fast with tap-to-earn games and mini-apps initiatives launched on its TON Blockchain. These features have contributed to the messaging app’s influence on digital finance.
Telegram Offers Free Litecoin Transactions for a Week
Telegram’s wallet offers zero-fee Litecoin purchases for seven days to encourage adoption. This limited-time promotion allows users to buy Litecoin without any extra charges, making it attractive for both new and existing crypto traders.
With Telegram making crypto easier to access, Litecoin could see more people using it. Combining messaging and cryptocurrency in one app makes digital money more convenient for users everywhere.
