SafePal, a startup that stores and manages cryptocurrency securely and easily, has recently announced its partnership with Litecoin Foundation. This collaboration will allow the digital token LTC to be easily transferable on SafePal’s wallet.
In order to enhance the trust level of SafePal, the team behind the startup hinted that their cold storage is the only crypto wallet that attracts investment from the world’s largest cryptocurrency exchange, Binance.
In order to make the sealed collaboration memorable, SafePal has allotted giveaways for its customers, stating the criteria that must be met so as to qualify.
SafePal is now officially supporting @LTCFoundation!
You can now transfer LTC easily in our wallet!#PayWithLitecoin and keep your Litecoin #SAFU on SafePal!
To celebrate, we will be giving away 10 SafePal and Litecoin T-shirts to our community. Check the rules below in comments! pic.twitter.com/9Qb294i7bA
— SafePal Wallet (@iSafePal) September 11, 2019
Litecoin Foundation’s Excitement to the Partnership
Litecoin Foundation also corroborated the partnership update via its official Twitter handle some hours ago. In its version of update, the Foundation expressed its excitement in welcoming SafePal, stressing the great benefit it’s bringing to Litecoin community.
According to Litecoin Foundation’s related update, SafePal S1 can now be purchased for just $39.99, provided the buyer supports Litecoin project and buys from Litecoin owned shop.
Latest Successes Amassed By Litecoin
Litecoin has been amassing a host of successes lately. At the very tale end of the month of August 2019, report had it that the cryptographic project has started working on its BlockCard in collaboration with Bibox cryptocurrency exchange and Ternio.
Going by the report, the card will be available in other countries of the world, once it’s launched in the United States, and it’s scheduled to be released by the end of 2019.
Any regular Point of Sale (PoS) terminals in virtually all offline stores will reportedly accept the under processing card. The card will not only support LTC – Bitcoin (BTC) and Ethereum (ETH) will also be supported, as it was so alleged.
The usage of the native coins of Bibox and Ternio, which are BIX and TERN respectively, will also be allowed for holders.
Also, two days ago, Binance Exchange made the announcement of the launch of the 3rd phase of Binance Lending Products, in which Litecoin (LTC) was listed among other five digital currencies.
Market Situation of Litecoin (LTC)
Some hours ago, Litecoin (LTC) was equally stable, without distinct loss of price, unlike other digital currencies such as Bitcoin (BTC), Ethereum (ETH), XRP and some other top cryptocurrencies.
The then LTC price action was envisaged to have come from the most recently conducted Litecoin halving. The event played out on the 5th August. As normally expected, the halving should subsequently aid the price growth of the digital coin. Such seemed coming to reality after LTC hit $100 as soon as the event was concluded.
The latest price growth independence exhibited by Litecoin convinced some crypto pundits of the possibility of a huge price uptrend for LTC any time soon. Their conviction is still attributive to the latest Litecoin halving.
However, Litecoin has failed in maintaining its stability as its price dipped against BTC and others once again. At the time of filing this report, LTC is trading at $69.71, with a minute percentage of price decrease in the last 24 hours.
With all indications, Litecoin community members are still waiting earnestly to see the fortune expected of Litecoin after-halving.