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MoneyGram Expands Its Relationship with Coinme, Allowing U.S. Consumers to Trade and Store Litecoin (LTC), Bitcoin (BTC), and Ethereum (ETH) via Its Mobile App

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Release: 2024-10-03 18:58:22
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With its extensive network spanning more than 50 million individuals across more than 200 countries, MoneyGram enables users to more easily interact with crypto

MoneyGram Expands Its Relationship with Coinme, Allowing U.S. Consumers to Trade and Store Litecoin (LTC), Bitcoin (BTC), and Ethereum (ETH) via Its Mobile App

MoneyGram now enables U.S. consumers to trade and store Litecoin (LTC) on its mobile app, thanks to an expanding partnership with Coinme.

Now available in most U.S. states, the integration marks a significant step towards mainstream accessibility of cryptocurrency.

With MoneyGram's vast network reaching over 50 million people in 200 countries, the integration brings crypto engagement closer to home for users.

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 Deepens Footprint in Crypto Market

Partnering with a leader in crypto services, Coinme, adds another layer to MoneyGram's financial offerings. Together, they aim to capitalize on the expanding crypto market - a domain that continues to evolve as digital assets gain wider mainstream use.

By bridging the gap between fiat currencies and digital assets, MoneyGram is emerging as a global force in the domain of traditional financial services providers exploring crypto frontiers.

Now available for purchase, trade, and storage through MoneyGram, Litecoin has recently been hitting remarkable benchmarks. According to CNF, only around 9 million LTC will remain before reaching the circulating supply cap; the current count boasts over 75 million coins.

LTC has long been a favored choice among crypto enthusiasts due to its faster transaction speeds and lower fees compared to Bitcoin.

Meanwhile, LTC trades at around $63.58 at press time, down slightly by 0.79% over the last 24 hours and a daily trading volume of $321.06 million. Nonetheless, Litecoin remains an integral part of the crypto ecosystem, especially with its increasing presence in platforms like MoneyGram.

In other news, Binance exchange-operated mining platform, Binance Pool, has unveiled new opportunities for users. The pool now enables mining for Dogecoin and Bellscoin together with Litecoin, through a combined mining method.

While Bellscoin is available for mining, Binance has notably highlighted that the coin is not listed on the exchange, and participation in the incentives program does not guarantee a future listing.

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