MoneyGram now allows U.S. customers to trade and store Litecoin, Bitcoin, and Ethereum through its mobile app. Binance Pool supports merge mining of Litecoin, Dogecoin, and Bellscoin, but Bellscoin is not guaranteed to be listed.
By expanding its relationship with Coinme, MoneyGram big movement It will allow U.S. consumers to trade and store Litecoin (LTC), Bitcoin (BTC), and Ethereum (ETH) through a mobile app. This integration is now underway in most US states and represents a significant step towards mainstream access for cryptocurrencies.
MoneyGram enables users to conduct cryptocurrency transactions more easily with an extensive network spanning over 50 million individuals in over 200 countries.
Dyke: @MoneyGram US customers can trade and store Litecoin $LTC Using the mobile app! MoneyGram serves more than 50 million people in more than 200 countries. Thanks to our partnership with ATM leaders @coinme. pic.twitter.com/LHgqO6UtAQ
— Litecoin (@litecoin) October 2, 2024
MoneyGram strengthens its position in the crypto market
In collaboration with Coinme, a leader in cryptocurrency services, MoneyGram provides yet another layer to its financial products. Together, MoneyGram hopes to capitalize on the expanding crypto market, an area that continues to change as digital assets become more popular.
As traditional financial service providers explore the potential of cryptocurrencies, MoneyGram is becoming a world leader in bridging the gap between fiat currencies and digital assets.
Litecoin, which can now be purchased, traded, and stored via MoneyGram, recently reached notable benchmarks. According to CNF, only about 9 million LTCs will be mined before the circulating supply cap is reached. The current number of coins is over 75 million.
LTC has long been a popular choice among cryptocurrency enthusiasts due to its faster transaction speeds and lower fees than Bitcoin.
Meanwhile, LTC is trading at around $63.58 at the time of writing, down just 0.79% over the past 24 hours, with daily trading volume of $321.06 million. Nevertheless, Litecoin still remains an important part of the crypto ecosystem, especially given its increasing use in businesses like MoneyGram.
Meanwhile, as we previously reported, Binance Pool, the mining platform operated by the Binance exchange, is opening up new opportunities for consumers. By combining mining techniques, the pool is now able to mine Dogecoin and Bellcoin alongside Litecoin.
Although Bellscoin is mineable, Binance has made it abundantly clear that the coin is not listed on an exchange and participation in the incentive program does not guarantee future listing.
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