Since its creation, Litecoin has been amongst the most popular cryptocurrencies in the world, currently ranking 7th in terms of market capitalization. Litecoin was initially conceived to complement Bitcoin; Litecoin’s developers have long stated that they intended to create the “silver” to Bitcoin’s “gold.” Like Bitcoin, Litecoin is a decentralized digital currency that uses the same encryption techniques to transfer, mine, and confirm transactions.
A variety of features have made Litecoin receive more support from merchants. To start, their total supply of Litecoins created will be 84 million, four times more than that of Bitcoin. More coins in circulations mean that there are more transactions or block mined. With a much lower processing time than that of Bitcoin, Litecoin generates a new block every 2.5 minutes, compared to Bitcoin’s 10 minutes. With more transactions created on the blockchain, the fees would be a problem; fortunately, fees are very low, in fact, smaller than many cryptocurrencies, including Bitcoin.
Due to these features, Litecoin has received support from merchants as a more feasible way of implementing cryptocurrencies into our daily lives. And even as cryptocurrency and its community of users have experienced significant growth in popularity and use, liquidity remains a substantial challenge for the whole industry, hindering its mass adoption and its integration into ordinary life.
It is only natural for crypto enthusiasts and Litecoin holders to like to know where they can spend their coins. Fortunately, in the case of Litecoin, many merchants, stores, marketplaces, and apps accept the cryptocurrency as a form of payment. Here’s a list of places where you can spend your Litecoins:
The PolisPay concept was proposed in 2017 to bring real-world use cases to cryptocurrencies. This would be done through the implementation of a series of features that would enable its users to spend their digital assets on real-world goods and services.
PolisPay is a non-custodial, decentralized, multi-currency digital wallet. The app is cross-platform: iOS, Android, Windows, and macOS. The app allows users to send, receive, store, spend, and exchange cryptocurrencies. Users can buy gift cards with their cryptocurrencies or turn them into fiat using the PolisPay card. Additional features include the ability to exchange instantly between cryptocurrencies with their Shift services.
PolisPay app recently announces the integration of Litecoin to the app. With the inclusion of Litecoin, PolisPay users can now spend their coins in a variety of ways. Let’s go through the different ways you can spend:
The gift cards are a recently introduced feature on the app, that is why every month, more countries and companies are being added. Right now, a wide variety of gift cards are available such as; mobile top-up, internet recharges, DTH providers, and many more. There are also standard gift cards like Amazon, Netflix, Spotify, or Starbucks. With the PolisPay app, you can easily purchase gift cards paying with Litecoin and instantly get your favorite products.
As previously mentioned, every month, new gift cards and countries are added. At the moment, the app has support for more than 40 countries. It is essential to state that not every country has the same gift cards available. However, countries from Europe, Canada, the USA, and Mexico are amongst the countries with the most available gift cards. Gift cards are subject to country availability and to check that you must download the app.
Nonetheless, here’s the full list of countries with gift cards available:
Austria, Belgium, Bosnia Herzegovina, Bulgaria, Canada, Costa Rica, Croatia, Cuba, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, UK, Greece, Hong Kong, Hungary, Iceland, Indonesia, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malaysia, Malta, Mexico, Netherlands, Norway, Poland, Portugal, Romania, Russia, Singapore, Slovakia, Slovenia, Spain, Sweden, Switzerland, Thailand, United Arab Emirates (UAE), United States of America (USA) and Vietnam.
Part of the new features introduced on PolisPay comes a new way for our users to use their Litecoin to buy real-world goods and services, with a card that is accepted almost anywhere in the world.
It consists of a prepaid Mastercard® card, that can be recharged via the new feature of the PolisPay app: The gift cards.
The epay card is a prepaid card that is managed on a prepaid basis. You can use your card to pay almost everywhere where MasterCard® is accepted. Once the card is activated and topped up, you can use it worldwide: For online shopping, to pay in shops, or to withdraw cash from an ATM.
To learn more about the card’s fees, head here.
The epay cards are available for the following countries:
Germany, Austria, Belgium, Bosnia Herzegovina, Bulgaria, Cyprus, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Greece, Hungary, Ireland, Iceland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Sweden, Switzerland, Slovakia, Slovenia, Spain, and United Kingdom.
Alongside the epay card, the PolisPay is developing a debit card: the PolisPay card. This card is part of their goal of implementing a debit card couple that would allow any user to spend Litecoin as quickly as you would using fiat currency. PolisPay users will soon be able to use a debit card to spend their Litecoin on real-world goods and services.
The PolisPay card will work in a way that merchants get paid in their currency while you are charged in Litecoin from your prepaid balance. This guarantees that users will be able to pay for things, in establishments where cryptocurrencies are not fully adopted yet.
Bitrefill was founded in 2014 and is headquartered in Stockholm, Sweden. They are a crypto-only company that provides products and services that allow anyone to live on cryptocurrency more easily. Bitrefill.com delivers a catalog of gift cards, prepaid mobile refills that can be purchased using Litecoin and other cryptocurrencies worldwide. Users can buy gift cards for more than 1650 businesses in 170 countries.
Bitrefill allows for a fraud-proof way of living on crypto, with no need for any registration/login. The company’s long term vision is to provide the tools needed to use cryptocurrencies like Litecoin as money, every day. They have a complete gift card service at the moment with many options for each with the three main categories of gift cards the offer being: Refill phones, Entertainment, Gaming, Shopping, and Travel.
For more information about Bitrefill, download the app or head to their website.
eGifter is the best way to buy eGift cards with Litecoin and other cryptocurrencies for friends and family, or yourself. Users can choose from hundreds of top national (US) and online brands. eGifter allows their users to personalize your gift with an animated greeting card, photo, or video greeting. You can even invite friends to chip in and make it a group gift. Best of all, you’ll earn eGifter points with every purchase that you can use for discounted or free gift cards.
The only issue with eGifter is that the gift cards purchased at eGifter.com are valid for use in the United States only. They do mention that often though the website and the purchase process.
Yes, you are reading it right, the Miami Dolphins, the American football team, recently partnered with Litecoin to make it their official cryptocurrency. As cryptocurrency continues to be adopted by businesses, institutions, and individuals across the globe, this unique partnership creates a powerful alignment between Litecoin and one of the world’s most recognizable sports brands in the Miami Dolphins.
Through the partnership, the Miami Dolphins, Litecoin, and Aliant Payments intend to give home game attendees the ability to pay with Litecoin and Bitcoin when purchasing tickets for the team’s 50/50 raffle, where half of the proceeds benefit the Miami Dolphins Foundation and its charitable causes. The 50/50 raffle tickets can be purchased both online and at 14 kiosk and raffle seller locations throughout Hard Rock Stadium.
Bidali was founded in 2018 and is headquartered in Calgary, Canada. They are a company that focuses on allowing companies/merchants or individuals to accept low-risk crypto-payments from anyone in the world at a fraction of the cost. They also offer their users products and services in the form of gift cards that allow anyone to live on cryptocurrency more easily. Gift cards by Bidali deliver a highly varied catalog of gift cards that includes prepaid mobile refills that can be purchased using Litecoin and other cryptocurrencies worldwide. Users can buy a wide variety of gift cards for more than 140 countries.
Bidali offers its users a complete gift card service at the moment with many options for each with the three main categories of gift cards the offer being: Refill phones, Entertainment, Gaming, Shopping, and Travel.
For more information about Bidali, head to their website.
CheapAir was founded in 1989 and is headquartered in California, USA. CheapAir’s team of 125 travel enthusiasts use cutting edge technology, a boatload of airfare data, and superior customer service to make it easier to buy affordable airline tickets. They’ve built a proprietary shopping engine that scours the web for the lowest prices in a simple, easy to navigate display. The website also displays which flights have amenities and extra fees, so you can make sure you are comparing apples to apples.
CheapAir has been continuously innovating since the beginning, being the first to many travel agency features that are now very common. Not only innovating in terms of offering the best possible service was enough for CheapAir. In 2013 they became first travel agency worldwide to accept Bitcoin as an alternate form of payment for flights, and in 2018 it began accepting other cryptocurrencies, including Dash for flight and hotel bookings.
For more information about CheapAir, head to their website.
Travala was founded in 2017 and is headquartered in Lancashire, England. Travala has grown from a small start-up to the world’s leading blockchain-based travel booking platform trusted by thousands of customers worldwide as their preferred online travel agency. Travala bridges the mass adoption of cryptocurrencies by making available an essential service for travelers all around the world: a booking platform.
Travala connects travelers with one of the world’s largest selection of incredible places to stay, including everything from hotels, apartments, villas, and hostels to 5-star luxury resorts. The Travala.com platform currently offers 2,000,000+ properties covering 90,124 destinations in 230 countries and territories and with prices up to 40% cheaper than mainstream travel booking platforms. It allows users to pay with more than 25 cryptocurrencies, including Litecoin.
For more information about Travala, head to their website.
We just mentioned some of the most well-known places or ways you can spend your Litecoin. Still, there are many ways a user can spend their Litecoins like POS tools or payment processors like GoCoin or CoinPayments. These companies enable businesses to accept Litecoin and other cryptocurrencies through their APIs.
Other alternatives include the use of debit cards or prepaid cards, which we mentioned with PolisPay, but many different card options support Litecoin; luckily for our readers, we have a post that focuses solely on Litecoin cards.