- MoneyGram now allows U.S. customers to trade and store Litecoin, Bitcoin, and Ethereum via its mobile app.
- Binance Pool supports merged mining for Litecoin, Dogecoin, and Bellscoin, with Bellscoin not guaranteed for listing.
Expanding its relationship with Coinme, MoneyGram has made a big move in the crypto industry, allowing U.S. consumers to trade and store Litecoin (LTC), Bitcoin (BTC), and Ethereum (ETH) via its mobile app. Now found in most U.S. states, the integration is a significant step toward mainstream accessibility of cryptocurrency.
With its extensive network spanning more than 50 million individuals across more than 200 countries, MoneyGram enables users to more easily interact with crypto transactions.
DYK: @MoneyGram customers in the U.S. can trade and store Litecoin $LTC using their mobile app! MoneyGram serves more than 50 million people in over 200 countries. All thanks to a partnership with the leader in ATMs @Coinme. pic.twitter.com/LHgqO6UtAQ
— Litecoin (@litecoin) October 2, 2024
MoneyGram Strengthens Its Position in Crypto Market
Working with a leader in crypto services, Coinme, MoneyGram gives its financial products still another layer. Working together, MoneyGram hopes to leverage the expanding crypto market—a field that keeps changing as digital assets go more widespread.
MoneyGram is becoming a worldwide leader by bridging the gap between fiat money and digital assets as more conventional financial service providers investigate crypto possibilities.
Now accessible for purchase, trade, and storage via MoneyGram, Litecoin has lately reached notable benchmarks. According to CNF, only roughly 9 million LTC will be mined before the circulation supply cap is reached; the current count exceeds 75 million coins.
Because of its speedier transaction speeds and lower fees than Bitcoin, LTC has long been a favourite choice among crypto aficionados.
Meanwhile, LTC is trading at roughly $63.58 at the time of writing, slightly down 0.79% over the last 24 hours and with a daily trading volume of $321.06 million. Nevertheless, Litecoin stays a vital component of the crypto ecosystem, especially given its increasing use in businesses like MoneyGram.
On the other hand, as we previously reported, the Binance exchange-run mining platform, Binance Pool, has given consumers fresh chances. Through a combined mining technique, the pool now permits mining for Dogecoin and Bellscoin alongside Litecoin.
Though Bellscoin can be mined, Binance has made it abundantly clear that the coin is not listed on the exchange, and involvement in the incentives program does not ensure a future listing.
