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Home Altcoins

DeFi Payment Solution Company Integrates Litecoin

by Oliver Green
August 27, 2020
in Altcoins, General News
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Charlie Lee

Charlie Lee, Litecoin Founder

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A reputable DeFi payment solution company, CenterCoin (CENT), in partnership with the Litecoin Foundation, has announced the integration of Litecoin (LTC) into the CenterCoin payment ecosystem. CenterCoin is a payment solution company that focuses on Decentralized Finance (DeFi) to create a platform where investors and projects can coexist and grow together in a decentralized way that allows real-life payment-based token economy.

Decentralized Finance aims at recreating conventional financial instrument in a blockchain-based decentralized architecture, few examples of DeFi projects include Trinito, MakerDao, Genesis Capital, BlockFi, Cred, D.Coon, and Compound, however, majority of this projects are focused on rendering loan services while CenterCoin is focused on payment.

CenterCoin Payment Can be Made at 100s of Merchants Across Korea

CenterCoin (CENT) payment can be made conveniently at 100s of merchants and other points of sale across Korea. Also, CENT is presently being listed on about 10 exchanges including Bithumb Global and CoinBene.

Furthermore, the CENT coin is actively being traded in Korea on Flata Exchange and Cashierest Exchange, and it has recently been listed for trading on a large-scale exchange in China, Big One Exchange.

CenterCoin had also announced that currencies like BTC, ETH, and XRP can now be transacted through the Center Wallet at the CenterCoin merchants. More importantly, CenterCoin, as a DeFi focused payment Solution Company, is steadily focused on expanding the number of its operational merchants and has been gaining recognition from numerous tokenized companies that are seeking to join the settlement market.

CenterCoin Integration a Plus For Litecoin

The new incorporation between CenterCoin and the Singapore-based blockchain, will add feather to the cap of the Litecoin Foundation due to a recent move made by CenterCoin to amalgamate CENT Wallet as a payment service in Hikick’s eco-friendly Scooter Platform.

Also, CENT provides CenterCoin rewards to users for performing scooters and other transaction activities.

Tags: LitecoinLitecoin News
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Contents on NewsLogical.com are only for informational purposes and should not be construed as financial or investment advice.

Trading cryptocurrency is considered a high-risk activity that requires technical knowhow because digital currencies are generally volatile.

Contact financial experts for guidance before making any cryptocurrency investment decision.

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