|May 15, 2018 07:24 PM||By: John Patrick Mullin | 1883 Views|
Litecoin, in the modern time, has shown encouraging numbers. The currency has increased with time and has declared the 6th rank on CoinMarketCap.
The increasing prevalence and usage of the coin have led to wallet businesses to make Litecoin transactions faster, of no cost and more accessible.
Abra CEO and Founder, Bill Barhydt have recently stated that it is testing an important, free of Abra charges, an unlimited transfer from other wallets. Distinctly, it limits bank account transfers to $2000 and also takes one to two business days to process the transfer. As far as American Express transfers are involved, it charges 4% Abra fee and defines the transfer up to only $200 per day.
These wallets are working their best to support new and upcoming cryptocurrencies. Abra is the single global app that enables you to buy, store, and invest in 25 cryptocurrencies in the whole place. You can fund your wallet on your mobile phone with fiat or Bitcoin. The users can invest in Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, Dash, and many more cryptocurrencies immediately.
Such increases to wallets do not only help enhance the user experience and bring along more users on their wallet, but they also help increase the usage of the coin.
The community was quite excited after the release of the testing by Abra’s CEO recently.
Jack Bowler said:
“I just know I’m thinking so bullish right now on #litecoin.”
A Litecoin supporter states:
“Bingo!!! 2018 will be large for LTC! All the people including Litecoin who were upset that it didn’t go to 1k+ in April then turned to coins that don’t even have a working system will be so butt hurt.”
Litecoin currently has a market cap of a few over $8 billion and is currently growing at 6.28% in the last 24 hours.