THELOGICALINDIAN - Cred a accountant cryptobacked lending and borrowing belvedere based in California now supports litecoin The account will acquiesce LTC holders to acquire up to ten percent absorption through any of its ally including the Litecoin Foundation Bitcoincom Uphold and Bitbuy Since July 2024 Cred allows Bitcoincom barter to acquire absorption on BCH and BTC
Also Read: Cred Merchant Solutions to Help Unbanked Business Sectors
Cred Now Accepting Litecoin
Cred, a accountant lender based in California, has appear that litecoin (LTC) holders will be able to acquire up to ten percent absorption on their agenda assets afterward a affiliation with the Litecoin Foundation. The affiliation is accepted to advice abutment the altcoin’s development as a allocation of the allotment generated through the account will be funneled into the LTC developer community.
The belvedere will acquiesce LTC holders to advance through any of Cred’s ally including Litecoin Foundation, Bitcoin.com, Uphold, and Bitbuy. Litecoin holders will be able to accomplish to a six-month appellation and accept annual absorption payments, with the advantage to cycle over apprenticed assets for added periods. The aggregation explained that barter will accept the best Cred ante back staking Cred’s LBA annual token. No annual minimum is bare and absorption is paid out in authorization or cryptocurrency.
“We attending advanced to acknowledging the millions of Litecoin wallet holders with a added transparent, candid set of banking casework we accept built, acknowledgment to the advance of blockchain technologies,” declared Dan Schatt, Co-Founder and CEO of Cred. “We’re captivated to be alive with Cred as our banking casework partner, alms amid the best aggressive absorption ante on Litecoin,” added Charlie Lee, architect of the altcoin.
Decentralized Banking and Lending Platform
Based in the San Francisco Bay Area, Cred is a decentralized cyberbanking belvedere confined barter in 190 countries with over $300 actor in lending capital. It offers absorption ante on added than 30 crypto and authorization currencies through its accomplice network.
In July of aftermost year it was announced that a affiliation amid Bitcoin.com and Cred allows barter to acquire up to ten percent absorption on BTC and six percent on BCH invested with the platform. Those with investments over $25,000 accept been benefiting from the affiliation for the antecedent few months but it opened to all users, behindhand of advance size, on July 15, 2019.
Cred additionally is a affiliate of the Universal Protocol Alliance – a accumulation of cryptocurrency companies and blockchain organizations that appetite to affix altered agenda assets in a distinct arrangement which additionally includes Bittrex, Certik, Omisego, Blockchain at Berkeley and Uphold. Bitcoin.com Barter has provided an antecedent barter listing for the Universal Protocol Token (UPT) and will additionally abutment Universal Protocol Stablecoins, including the Universal Dollar (UPUSD), Universal Euro (UPEUR), in accession to a tokenized adaptation of bitcoin core, the Universal Bitcoin (UPBTC).
In October 2019 the aggregation apparent Cred Merchant Solutions, a point-of-sale handheld terminal that is meant to abutment companies that appetite to acquire crypto payments. The Android-based terminal will be deployed to businesses at amount to advice them bound pay taxes and lower transaction fees. It is accepted to abutment business sectors underserved by banks, like the $2 billion a year California cannabis industry.
What do you anticipate about Cred now accepting LTC? Share your thoughts in the comments area below.
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