Apr 12, 2018

TenX Adds Litecoin to TenX Wallet Enters Partnership With Litecoin Foundation to Introduce Co-branded Cards

Singapore, 12 April 2018 - TenX, a blockchain pioneer that makes multiple virtual currencies instantly spendable in everyday life, is thrilled to announce that it has added Litecoin (LTC) to TenX Mobile Wallet for both iOS and Android.

The TenX payment system includes our own mobile wallet (available on iOS and Android) that can be funded with a growing range of cryptocurrencies, alongside our flagship debit/prepaid card which can be used in almost 200 countries at over 42 million points of service—both online and offline upon its launch.

Created by Charlie Lee in 2011, Litecoin is a transaction-friendly cryptocurrency that is commonly thought of as the “silver” to Bitcoin’s gold. Litecoin has some key technical differences to Bitcoin that make it the premier cryptocurrency for payments, namely its faster transaction speeds and cheaper fees.

"Litecoin was integrated a little over a week ago without an immediate announcement, which allowed for a slower adoption rate while we are finalising live testing. Going forward this will be our process for new coin integrations to ensure both stability and wide availability." said Dr. Julian Hosp, Co-Founder & President of TenX

TenX is also excited to announce a new partnership with the Litecoin Foundation to introduce a co-branded card.

The Litecoin Foundation is a Singapore-based non-profit organization, which mission is to advance Litecoin for the good of society by developing and promoting state-of-the-art blockchain technologies.

“We hope to become the preferred payment platform for fans and owners of Litecoin, and cannot wait to see them use our wallet and join the revolution!” added Dr. Hosp.

"A TenX Litecoin debit card makes it easy for people to spend Litecoins. And it's a great stepping stone towards paying with Litecoin directly.", said Charlie Lee, the creator of Litecoin.

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About TenX:

Founded in Singapore in 2015, TenX is a blockchain pioneer that makes multiple virtual currencies instantly spendable anytime anywhere. It gave people an opportunity to conveniently use their digital assets in everyday life.

TenX strives to offer the user access to as large as possible range of blockchain assets at a maximum degree of convenience while adhering to the highest security standards in the ecosystem and creating an outstanding experience from product to customer service.

In order to offer the widest range of blockchain assets, TenX is building COMIT (Cryptographically-secure Off-chain Multi-asset Instant Transaction network), an open source project that connects any blockchain without creating an extra token.

For more information visit: tenx.tech

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