Charlie Lee, the creator of Litecoin has announced in his Twitter account that the new project of Litecoin Foundation went live. LTCPay is a free service for merchants to accept Litecoin for their business. It is compatible with Bitpay service to allow seamless migration, and merchants do not need to trust LTCPay to accept payments since all payments go directly to merchant's wallets.
Lightning Network is enabled within the service, and the users can use LTCPay for free to accept Litecoin payments into their own wallet conveniently. LTCPay supports many APIs, and the reports and invoices can be generated. Fiat conversion is currently not supported yet.
At the moment of press, these are main market parameters of Litecoin:
- Average Price: $126,75
- Market Cap: $7 111 730 878
- 24h Vol: $287 061 000