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Lite.IM Adds Bitcoin (BTC) Support to Facebook Messenger, Telegram and SMS

Back in early August this year, the team at Lite.IM had taken crypto adoption to a whole new level when they announced that Litecoin (LTC) was available via Telegram and Text Messages. The move by Lite.IM was aimed at expanding cryptocurrency access to a wider global population.

Of particular interest is that the progress by the team was during a bear market. Such periods in the crypto-verse have been highlighted as the best time for developing on the blockchain as well as accelerating crypto adoption.

After LTC availability on Telegram and SMS, the team at Lite.IM went a step further this November and integrated their Litecoin remittance service to facebook messenger.

Lite.IM Adds Bitcoin (BTC) Support to Facebook Messenger, Telegram and SMS

It is with the above background that the same team has announced that they have added support for Bitcoin (BTC) on Lite.IM. Users can now send, receive and manage BTC through the popular platforms of Telegram, Facebook messenger and SMS (available only in the US and Canada).

Bitcoin becomes the fourth currency that Lite.IM supports after Litecoin (LTC), Ethereum (ETH) and Zulu Republic Token (ZTX).

Users can access the service on the three platforms as follows:

  • Telegram – by interacting with @LiteIM_bot
  • Facebook Messenger -by messaging @lite.im
  • SMS (U.S. and Canada only) – by texting 760-LITEIM-0 (760–548–3460)

Why Lite.IM believes Social Messaging Will be Key in Crypto Adoption

To note, is that Lite.IM’s services are available in the social media platforms of facebook messenger and Telegram. The focus on the platforms is strategic in that Lite.IM believes that crypto adoption will be driven by such social media platforms due to the billions of users they have. The Lite.IM team went on to explain this as follows:

Just take a look at the monthly active user statistics from the top social messaging apps in the world (all of which are growing)…

  • WhatsApp: 1.5+ Billion
  • Messenger: 1.3+ Billion
  • WeChat: 1.08 Billion
  • Telegram: 200+ Million
  • LINE: 200+ Million
  • Zalo: 100+ Million
  • KakaoTalk: 50+ Million

Much of this growth is taking place among younger generations and in developing nations, both of which are key demographics for the future of cryptocurrency adoption.

What are your thoughts on Lite.IM adding Bitcoin support to facebook messenger, Telegram and their SMS crypto sending service? Please let us know in the comment section below. 

Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you.

The post Lite.IM Adds Bitcoin (BTC) Support to Facebook Messenger, Telegram and SMS appeared first on Ethereum World News.

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Lite.im Makes Litecoin (LTC) Available Via Telegram And Text Messages

The cryptocurrency community has been preaching for mass adoption in recent time, now with the availability of Litecoin (LTC) on text message through Lite.im, we seem to be a step closer to our desired “cryptocurrency for all” goal.

Today, the Litecoin community showed a great sense of happiness when the founder of Litecoin, Charlie Lee, made known that LTC can now be sent and received on Telegram and via SMS.

He said:

“A bear market is the best time for people to work on adoption. Check out https://www.lite.im. Send and recieve LTC on telegram. Eventually, it will support SMS also. Great work @ztxrepublic team! We build it and they will come. Adoption is key!”

The brain behind the idea, Zulu Republic, made known in a statement today that since the beginning, they have been driven by a vision of what the world might look like if the founding ideals of the cryptocurrency revolution were realized.

“Today we take that vision one step closer to reality by announcing lite.im, a new project from Zulu Republic aimed at expanding cryptocurrency access to a wider population than ever before,” Zulu Republic declared.

“Lite.im brings Litecoin services to anyone with even the most basic mobile phone, regardless of whether or not they have access to the internet. With a simple Telegram or SMS message, lite.im users will be able to interact with the Litecoin blockchain, sending and receiving funds from anywhere in the world where a cellular signal can be found.”

The idea will function beyond Telegram, it will be deployed to SMS messaging. However, because Telegram is seen as “the most trusted messaging platform within the cryptocurrency community”, starting with the platform is equal to given the people the opportunity to manage their funds within an environment they are used to.

Telegram also makes transacting in Litecoin as simple as possible for users, with programmable bot commands that require a minimum of user interaction to function.

Zulu Republic sees Telegram as the most secure messenger in the world, denoting that privacy is built in by default. Telegram combined with the Litecoin blockchain amounts to an incredibly powerful payment environment.

Meanwhile, the decision of the firm to use SMS came from the fact that not many countries have full internet support. Even in advanced countries, network fluctuation hinders urgent transactions. In that case, SMS is favourable.

One of the many opportunities of Lite.im is that it makes it easy for those without Litecoin wallet to receive LTC. It also gives room to send LTC to people whose Litecoin wallet you do not know.

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