LTC address activity raised after the Visa debit card launch

by in Cryptocurrency News

LTC

The Litecoin Foundation unveiled the Visa debit card, after which network activity peaked starting from mid-September.

The average daily number of transactions on the Litecoin blockchain is approaching 150,000. Note that at the beginning of this month, LTC addresses made about 100,000 transactions daily.

The virtual card can be obtained after registering the wallet, says the developer's blog. The team also notes that the registration process itself will take less than five minutes.

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You can use a debit card when paying for goods and services. Visa acts as the payment operator. You can pay for goods in 50 million online stores.

Litecoin itself is adding in price today. LTC rate strengthened to $ 187.61 (+ 2.5%). Altcoin capitalization is now just over $ 12.907 billion. The coin is in 19th place in the CoinMarketCap rating.

Litecoin is often referred to as the "digital silver" or "little brother" of bitcoin. LTC appeared in 2011. The hash rate of the network grows along with the network activity. According to the latest data, the amount of computing power reached 336,397 TH/s on October 28.