Bitcoinpay to add support for Litecoin

Bitcoinpay payment service announced launch of Litecoin payments due to its faster confirmation and low transaction fees
07 January 2018   1542

On January 6, Bitcoinpay has made an announcement stating that it is introducing Litecoin payment support as a necessary alternative to Bitcoin payments. As it was stated, Litecoin payments have faster confirmation and transaction fee costs a few cents.

Bitcoin and Litecaoin average transaction feeBitcoin and Litecoin average transaction fee charts

The users can start accepting Litecoin payments by registering on beta.bitcoinpay.com.
This beta version is stated to be built on a new API tailored for acceptance of various cryptocurrencies, advanced refunds, automated invoice extensions, and custom settings.

Beta functionality includes:

  • Zero processing fee till August 31, 2018 
  • IPN and email notifications
  • refunds
  • transaction history with sorting, filtering, search and export
  • settlement report
  • 2 factor authentication
  • API keys management
  • Instant conversion to FIAT currencies with next day bank settlement

Moreover, the company plans to maintain major changes including re-branding of new GUI and support of additional cryptos in the second half of 2018.

Lite.IM Beta to be Released

Lite.IM will allow users to interact with Litecoin blockchain using text commands through a special API-system
09 August 2018   535

Developers of the Zulu Republic blockchain project presented Lite.IM software that allows users to make transactions in the Litecoin network using SMS messages and the Telegram messenger.

Zulu Republic is convinced that Telegram is the safest messenger and provides all the necessary opportunities for testing the concept before launching SMS payments.

Representatives of the project emphasize that a lot of people live in countries with limited access to the Internet, under conditions of strict censorship by political regimes, without access to financial services. In addition, 64% of the world's population owns mobile phones, but only 33% have smartphones. This is the reason why Zulu Republic is convinced of the need to link SMS messages and Litecoin blockchain, not relying on the availability of the Internet.

By opening the world of cryptocurrency to these underserved and vulnerable populations, we aim to provide a degree of financial agency, autonomy, and (perhaps most importantly) security that they’ve been denied up until now.
 

Zulu Republic

Lite.IM will allow users to interact with Litecoin blockchain using text commands through a special API-system. At the moment the community already has the opportunity to use Telegram-bot to check balances and send Litecoin to LTC-addresses or e-mail. The solution is written on JavaScript. More info is available at GitHub.

The creator of "digital silver" Charlie Lee is convinced that the bear market allows us to focus on developing solutions for mass adoption of technology.