Thank you for elucidating that for us!
Essentially, LitePay is a payment system where retail business owners can accept instant payments in Litecoin from anywhere in the world. But the real kicker here, is that LitePay removes volatility risk for businesses, by instantly ensuring the conversion to fiat at that time is locked in.
This is revolutionary! I can't wait to see how this unfolds in the mainstream. It's going to make it so much easier for people to get on board.. And low transaction fees, too, something BTC absolutely CANNOT boast!
This is all such good news after the bloodbath of the last month!
well good news or bad this market is surely only sustainable by bloodbaths !
The key here is that it allows crypto to truly be used by the mainstream. The fact it’s cheaper than traditional credit card fees is next level!
Very excited to watch adoption rates.