Adds Litecoin (LTC) to Its MCO Wallet App

Marco Verch / Flickr

Litecoin (LTC) has become the first cryptocurrency to be added to the MCO wallet app created by (MCO), the payments and cryptocurrency platform formerly known as Monaco.

According to the announcement, the addition of Litecoin marks the first cryptocurrency to be added to the MCO platform since the company launched the wallet app last May. Litecoin now joins bitcoin (BTC), ether (ETH), Binance Coin (BNB) and MCO, all of which were available on the original MCO platform.

The MCO app allows users to purchase, exchange, transfer and spend cryptocurrencies directly from their smartphone. While the app is currently available for iOS and Android devices, the MCO Visa card is not yet on the market.

In a statement accompanying the announcement, Litecoin creator Charlie Lee emphasized how the MCO platform works to drive mainstream adoption of crypto.

Litecoin Foundation and share a common vision of accelerating the development and adoption of cryptocurrency. As Litecoin moves towards widespread acceptance as currency for a growing number of merchants, I’m excited to see Litecoin support added to the MCO Wallet App and the MCO Visa Card. We look forward to advancing the mission to expand cryptocurrency use together with by helping more users buy and spend Litecoins in their day-to-day lives.

While there is no indication as to which cryptocurrency will be added next, states that it carefully reviews and evaluated each cryptocurrency prior to listing in the app.

LTC and MCO are currently ranked 7th and 74th, respectively, in the AltDex 100 Index (ALT100), a benchmark index for large-cap cryptocurrencies and tokens.

More: Welcomes Litecoin to the MCO Cryptocurrency Platform
Photo: Marco Verch / Flickr

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.

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