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Litecoin Joins MCO Platform and Mobile Wallet

The peer-to-peer cryptocurrency Litecoin joins MCO Platform and mobile wallet, meaning users can purchase, transfer, exchange and spend Litecoin from their smartphone. Four other cryptocurrencies are also available on the MCO platform and mobile wallet, including bitcoin, BNB, ether, and the MCO token.

Formerly Monaco, the MCO platform enables users to purchase crypto with a fiat wallet or a credit card. No additional fees are charged for crypto to crypto exchanges. Users can send crypto and fiat currencies to MCO wallets instantly without fees and make crypto withdrawals to external wallet addresses for a small fixed fee.

The rise of Litecoin

Litecoin is the world’s seventh largest cryptocurrency by market capitalization at over $4.3 billion. In April this year, a Litecoin transaction worth $99 million was completed in 2.5 seconds for a fee of less than $0.40, faring significantly faster than a standard bank transfer.

Last month, the Singapore-based non-profit Litecoin Foundation announced it had partnered with the payment platform TokenPay in an alliance that may potentially lead to a Litecoin bank acquisition.

Given the rise of Litecoin, it is hardly surprising MCO Technology is keen for the cryptocurrency to join MCO platform and mobile wallet.

Kris Marszalek, co-founder, and CEO of MCO Technology spoke of how introducing Litecoin to the system will benefit user experience of the MCO platform and mobile wallet.

“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.”

“Our support of Litecoin marks an essential step in expanding the variety of cryptocurrencies available to our platform users as we strive to broaden the audience of cryptocurrency spenders and investors.”

A streamlined approach to cryptocurrency

Switzerland-based MCO Technology was founded in 2016. After managing ...

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