There are many cryptocurrency companies which are appearing on the market. Every day of the week we are reviewing them. Today is the time for a company called Liteconnect.
What Is LiteConnect?
Liteconnect is an Australian company which intends to make money transactions easier. The goal of the company is to develop a platform that will make transactions available all over the world with low fees.
Cryptocurrencies are one of the most interesting technologies of the moment and the company intends to use them and the blockchain technology to start a project to make transactions available to any person around the world. All that the person has to do is to download the app of the company and to use cryptocurrencies to make payments and transactions all over the globe.
The company does not state a lot about the owners and creators of the company. Everything that we know about them is that they are a group of investors which decided to make transactions easier for people.
How LiteConnect Cryptocurrency Lending Program Works
To use the services of this company, you will have to download their wallet. The company is based on the Ethereum blockchain and it uses a decentralized platform to send payments all over the world. Users can use this wallet to send payments all over the world or to buy goods and pay for services on online stores.
Not only you will be able to use the wallet provided by Liteconnect, you will also be able to use the Debit Card of the company. This card will enable its users to pay using the money from their wallets in real time outside of the internet. This means that they can exchange their cryptocurrencies automatically and use them to pay for whatever they want if they want to use this feature of the company.
The company will also have options for people who want to get money from the cryptocurrency. You will be able to make some money by lending or staking. If you decide to lend money, you will receive your money back after a certain number of days with a certain interest for the time that you lent the money to the company.
If you set the cryptocurrency of the company on staking mode on your wallet, you will be able to receive money by staking, which can also be very profitable for you. Because of this, it can really be a great investment to use the cryptocurrency that this company is selling.
The company has a very detailed plan for the launch of the cryptocurrency during 2018. At the beginning of the year, a DDOS attack protection measure was implanted on the company to protect it against eventual hackers.
The official wallet will be launched during April, after the ICO has been made and the company has been listed on cryptocurrency exchanges. In July the website of the company will be upgraded so it can stand a big number of users and have more options for them.
Finally, the Debit Card of the company will be launched during the second part of the year finalizing the investments that the company has been making to enable its platform to grow more and more.
How To Invest In LiteConnect LCN ICO Details?
Do you want to invest in Liteconnect? Unfortunately, it is impossible for you to invest in this cryptocurrency at the moment. The ICO has been finished a few days before the report of this article, so it is impossible to participate in the ICO right now.
On the other hand, you will be able to acquire this cryptocurrencies in the market from March onward. You will have to pay the market price, of course, but you will still be able to acquire them while their price is not very high.
Is this company the right investment for you right now? Unfortunately, we have to state that it is probably not the best investment that you can make at this moment. You know why? Because Liteconnect is a very unoriginal cryptocurrency and its sale have already been finished at the time of the report of this article, which makes is a very unattractive choice for you.
This cryptocurrency does not offer anything that any other company does not offer. It means that it will probably not develop a lot and it will not get much more valuable than it is right now. Because of this, you should not invest in this currency unless you have a reason to be interested in this product of in something that this company can offer for you.
What you should really do is to look for another company to invest in. It can be a great idea to browse our blog where you can find many interesting options. If you are really keen on investing in Liteconnect, try to do it as soon as possible since the price of this cryptocurrency will likely be higher in the market soon if you lose your time waiting.