HTC Exodus 1 Cryptocurrency Phone Can Be Purchased With Bitcoin, Ether And Litecoin

HTC’s Exodus 1 Cryptocurrency Phone Can Be Purchased With Bitcoin, Ether and Litecoin

The newly released crypto-focused smartphone HTC’s Exodus 1, can be purchased using Bitcoin (BTC), Litecoin (LTC) and Ether (ETH). At the same time, Charlie Lee, the founder of Litecoin, will be joining the project as a consultant.

The first wave of EXODUS 1 phones will start to be shipped on December 5th. The company has also launched the ‘Zion’ wallet.

Charlie Lee has also shared on Twitter the information about the phone that has a fixed price of 19.84 LTC.

The EXODUS 1 combines the design of an HTC flagship smartphone with blockchain technology. The phone is able to store users cryptocurrency private keys and offer better security to store virtual currencies.

Charlie Lee commented about this:

“I’m happy that the much awaited HTC EXODUS 1 can now be purchased with Litecoin. Ever since cryptocurrency was created, my vision for Litecoin was always to increase the distribution of the currency and use it a foundation for secure transactions worldwide.”

He went on saying that with this project HTC is expanding cryptocurrency technology to the mobile phone protecting users’ information and wallets.

HTC’s Chief Crypto Officer, Phil Chen, explains that only users have full ownership of their own keys and can enact true decentralization. At the same time, this is very positive for protecting users and their funds.

The phone can be purchased using Litecoin, Bitcoin or Ethereum directly through the official site. Furthermore, the phone has a new storage method that uses a social key recovery mechanism if the device is lost or stolen.

In addition to it, the phone comes with the Zion wallet allowing users to store Bitcoin, Litecoin, Ethereum and many other ERC-20 and ERC-721 tokens. The Zion wallet protects the user against the possibility of data-theft from malware running on the device.

Additionally, the Zion all-in-one secure wallet generates 12-word seeds using Trusted Executive Environments (TEE) that block malware attacks.

This is one of the first blockchain phones ever released to the market and the Litecoin community is very excited about it.

At the time of writing, Litecoin is the 8th largest virtual currency in the market. It has a market capitalization of $1.52 billion and each LTC can be purchased for $25.52 according to CoinMarketCap. Moreover, this virtual currency was able to surpass EOS a few hours ago after several months being behind it.

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