Wednesday, July 8, 2020
No menu items!
  • News
  • Cryptocurrency
  • Contact Us
More

    Litecoin Foundation Partners with MeconCash to enable LTC Withdrawals to Korean Won at over 13,000 ATMs across South Korea

    Must Read

    Wietse Wind Answers Question about Linking Multiple XRP Public Addresses to a PayID

    Wietse Wind, a lead developer at XRP Ledger, has taken his time to answer a necessary question directed to...

    Bitcoin (BTC) Bull Run Upcoming As Ethereum (ETH), XRP Face Decline –Bloomberg Analyst

    According to Bloomberg’s July Crypto Outlook, Bitcoin (BTC), the largest cryptocurrency by market capitalization could be set for a...

    Charles Hoskinson Wants Cardano (ADA) and Litecoin (LTC) to Work Together; Calls On Charlie Lee

    The CEO of IOHK, Charles Hoskinson, has recently showcased his desire to make Cardano (ADA) and Litecoin (LTC) work...
    Tobi Loba
    Tobi Loba
    Tobi-Loba is a creative and an award-winning writer with over 5 million readers from all over the world. She has B.A in English and Literature from a reputable University and currently studying for her M.A in the same field. She recently became a contributor at Herald Sheets in order to fulfill her thirst in reporting crypto and blockchain occurrences, the interest she built over the years.




    Litecoin Foundation has announced its partnership with MenonCash to enable Litecoin (LTC) withdrawals to Korean Won (KRW) at over 13,000 ATMs across South Korea.

    According to the report, the collaboration will integrate Litecoin into MeconCash’s M.Pay platform. This new service gives LTC holders access to quick cash. It also gives them the ability to send remittances to Korea from any part of the world.

    Aside from payment, Litecoin (LTC) holders can also purchase products on MeconCash’s MeconMall and pay for mobile games that utilize M.Pay for rewards.

    Litecoin Foundation assured the users of more fruitful and interesting partnership with MeconCash in the future.

    The Chairman of MeconCash, Jo Jae Do said, “Through our partnership with Litecoin Foundation, we will grow the presence of Litecoin throughout the Korean market starting with the ATM withdrawal services. And with Litecoin Foundation as our partner, we are expecting to grow globally and see positive synergies in the upcoming future not only in the Korean market but also in the global market.”

    The Creator of Litecoin and Managing Director of Litecoin Foundation, Charlie Lee said, “Litecoin’s integration into M.Pay’s platform and large network of ATM’s is a big step toward expanding Litecoin’s footprint in the South Korean market, and we are excited to partner with MeconCash as they continue to grow their platform and offer additional services through which Litecoin can be used.”

    The Director at Litecoin Foundation, Alan Austin said, “The ability to access cash through Litecoin at over 13,000 ATMs opens the door to new opportunities within the Korean market and globally.

    “With billions in remittances sent each year to South Korea, Litecoin (through its speed, security, and low transaction fees) offers significant advantages over traditional methods of sending money overseas through the M.Pay platform.

    We look forward to our partnership with MeconCash as we continue to expand Litecoin adoption within the Korean market and around the world.”




    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Latest News

    Wietse Wind Answers Question about Linking Multiple XRP Public Addresses to a PayID

    Wietse Wind, a lead developer at XRP Ledger, has taken his time to answer a necessary question directed to...

    Bitcoin (BTC) Bull Run Upcoming As Ethereum (ETH), XRP Face Decline –Bloomberg Analyst

    According to Bloomberg’s July Crypto Outlook, Bitcoin (BTC), the largest cryptocurrency by market capitalization could be set for a price bull run, as other...

    Charles Hoskinson Wants Cardano (ADA) and Litecoin (LTC) to Work Together; Calls On Charlie Lee

    The CEO of IOHK, Charles Hoskinson, has recently showcased his desire to make Cardano (ADA) and Litecoin (LTC) work together for the same goal. Hoskinson...

    Buying ETH Now Is like Buying It Under $300 In 2017; it’ll Likely Rip up above $306 –Expert Trader

    A famous crypto trader and analyst, Josh Rager, has some hours ago asserted that buying Ethereum (ETH) when it’s priced below $300 is like...

    Cardano (ADA) Displaces Litecoin (LTC) After a Notable Price Spike

    Cardano (ADA) has been in a positive trend over the past few weeks. The digital token has managed to displace a number of top...

    More Articles Like This