WhatsApp Now Supports Sending and Receiving Bitcoin (BTC) and Litecoin (LTC) via Lite.Im Bot

In a tweet published on Sunday, May 19, it has been revealed that WhatsApp now allows its users to send and/or receive Bitcoin [BTC] and Litecoin [LTC]. Apparently, users also have the ability to earn BTC by inviting friends to the instant messaging app.

Per Bitcoin News outlet, Bitcoinist also reported on this matter and shared details regarding how it all works. As per the claims made, users are required to add the Lite.IM WhatsApp bot and choose options that fit one’s needs via the different prompts (either in English or in Spanish).

It seems like BTC and LTC aren’t the only two cryptocurrencies that WhatsApp supports, as Twitter user, Tycjan Gniew shared the following:

Figure 1: The image below is provided by Tycjan Gniew from Twitter, and shows that along with BTC and LTC, users can send and receive Ethereum [ETH] and Zulu Republican Token [ZTX].

The Zulu Republic Team previously reported that the Lite.IM was first introduced about five months ago. In addition to one’s ability to send and receive cryptocurrencies through WhatsApp, the team also supports its services for other social media platforms such as Facebook Messenger and Telegram.

Here’s what the team had to say about their endeavor at the time:

“This is a huge step forward for the platform, which just two short weeks ago rolled out support for Bitcoin. But it’s also a huge step forward for cryptocurrency adoption in general: the combined 2.5 billion users of Facebook and Telegram, and all those with basic SMS capabilities. […] We think this is a huge development for the cryptocurrency space, and we hope you’ll agree.”

As it turns out, WhatsApp users outweigh the rest, as the instant messaging app alone carries 1.5 billion users worldwide. This move is definitely a big one, considering that it enforces crypto adoption on a global basis, as opposed to targeting people country by country. This method is expected to simplify the overall process in sending and receiving crypto. If successful, crypto exposure is going to continue to moon and the price of bitcoin will once again shine.

What are your thoughts on the use of WhatsApp for crypto trading? How safe do you think it is in relation to crypto exchanges? Let us know in the comments below.

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Hank Klinger
Hank Klinger
Hank Klinger has been working online for seven years now. He has written for several national companies. Hank has been a part of our team for over three years, reviewing ICOs, new cryptocurrencies and helping us keep up to date with industry news. His primary knowledge is in marketing, sales, and advertising, and he uses that knowledge to research and pick out reliable sources of information to use as a basis for his writing.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

LEAVE A REPLY

Please enter your comment!
Please enter your name here

3,437FansLike
2,795FollowersFollow
4,190FollowersFollow

Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

Chainlink, IBM, ING, Microsoft, NASDAQ, and R3 Among First to Join InterWork Alliance to Set Tokenization Standards

Top financial and blockchain industry companies have formed the InterWork Alliance (IWA) in a bid to standardize the business and enterprise tokenization market. The alliance...

Blockstream CEO Doesn’t Sell Any Bitcoin Mined on Anticipation of 3,000% Price Increase

Bitcoin miners might be busy selling more bitcoin than they are creating post halving but Adam Back, the chief executive officer of Blockstream Corp.,...

Coincheck Crypto Exchange Clients’ Data Compromised After Hacker Breached Its Domain

Japan-based cryptocurrency exchange, Coincheck, announced yet another hack – this time about 200 customers data was compromised after a domain account error. According to...

Crypto Crimes Soaring to $1.4 Billion in 2020; COVID-19 Related Frauds also Emerging

During the first five months of 2020, losses from cryptocurrency hacks, thefts, and frauds spiked to about $1.4 billion, as per the report from...

Crypto Ratings Council May Rate Tron (TRX), Polkadot (DOT), and Nervos (CKB) Token As Securities: Unofficial Report

Quick look: The Crypto Rating Council (CRC) preliminary reports show three altcoins – Tron (TRX), Polkadot (DOT), and Nervos Network (CKB) are highly likely...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today