Litecoin [LTC] partners with military-grade wallet; another; silver crypto on an adoption spree

Litecoin [LTC] witnessed a three-fold increase in its valuation from a low of $32 to scaling beyond $90 in April . This was, however, followed by the altcoin falling below $80 couple of weeks later. Litecoin’s subsequent market recovery and prior market pumps can be attributed to its adoption spree across various institutional space.

In a recent development, Litecoin Foundation announced a collaboration with Cobo Vault, the military-grade hardware . Co-branded by Litecoin, the Cobo Tablet is designed for seamless assembly and provides convenient storage of recovery phrases on Cobo Tablet for its users.

Announcing this latest Litecoin foundation tweeted,

Many institutional players have moved to Litecoin on their platforms which can be attributed to the low transaction fees as opposed to that of Bitcoin.

Litecoin has been successful in providing the with low fees, security and near instantaneous transactions. It was reported that more than 4,500 players have adopted LTC’s Lightning Network in a bid to bolster the altcoin’s adoption.

The post Litecoin [LTC] partners with military-grade wallet; another; silver crypto on an adoption spree appeared first on AMBCrypto.

Post written by our friend Chayanika Deka and Syndicated from ambcrypto
Ledger Nano S - The secure hardware wallet

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