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Litecoin Issues A Card With A Feature To Convert LTC To Fiat And Launches Ballet Litecoin Block

13 August 2020 14:31, UTC
Anna Martynova

Ternio, along with the Litecoin Card, will release a card that will make it easy to convert LTC into dollars. The conversion will take a few seconds. Users will be able to deposit cryptocurrencies on the card to eventually convert them into dollars for use in the Blockcard account. This card can be used anywhere: Apple Pay, Google Pay, or Samsung Pay.

The conversion process currently supports 12 cryptocurrencies such as Basic Attention Token (BAT), Bitcoin (BTC), Bitcoin Cash (BCH), Dai, Ethereum, Litecoin, Paxos Standard, Stellar Lumen (XLM), Ternio, Tether (USDT), TrueUSD, USD coin and Ripple XRP.

The Litecoin Foundation also announced the launch of the Ballet Litecoin Block in collaboration with Ballet Crypto and Litecoin Pool. According to Litecoin representatives, it is "a .999 fine silver card" that comes with a full Litecoin block reward of 12.5+ LTC. Ballet Litecoin Block can be purchased at ltcblock.com for LTC 18 per card.

Image: Forbes