Litecoin expressed, ‘PayPal to Open Crypto Gates’ Announcing that it will allow customers to transfer Litecoin to third-party wallets. LITECOIN FAM adding 392 MILLION USERS get ready.

PayPal recently announced that it will permit customers to transfer Bitcoin and other cryptocurrencies to third-party wallets.

Jose Fernandez da Ponte, when talking at the CoinDesk Consensus stated, “We want to give choice to our consumers, something that will let them pay in any way they want to pay. They want to bring their crypto to us so they can use it in commerce, and we want them to be able to take the crypto they acquired with us and take it to the destination of their choice.”

Initially, this puts an end to PayPal users having to just buy, hold, or sell Bitcoin, Ether, Bitcoin Cash and Litecoin. They can now transfer to third party wallets.  PayPal runs all of its crypto transactions through Paxos, a blockchain infrastructure provider.  Further stated, “We want to make it as open as possible.”

Some were wondering:  Was a date given when this will be available? Keep buying Litecoin while is under-rated. Then, it will get focus and become more expensive. Took long enough. Others were like say DeFi, NFT something like that.

In response LTC users were like:  Litecoin sleeping giant is waking. We all hope this will be epic. Come on people! Pump my Litecoins. Wish Litecoin wakes up and does what it is supposed to do.

Since, LTC is involved, thousands of merchants will be able to accept cryptocurrencies.  Can’t wait for all the people buying Litecoin just because they “can’t afford a Bitcoin.”

Short Story:  My Friend who a crypto veteran told me that Litecoin isn’t a long-term crypto because its old and with old technology. Is it true of will it go down for good in a few years?

The community called the true story the Ultimate Troll.

Optimists were like:  LTC is only going to gather more hate as it ascends. I love it because it just goes to show how immature the market is. Not sure how you help investors understand the value of a branded digital currency/SOV/asset with 100% uptime.

Many are not bothered about the digital currency being branded they are just bothered about the price.

But most holders are holding at least since 4 years and in this bull run LTC lost its position in top 10 and had the worst performance comparing to newest coins and also old coins (BTC –ETH -ADA) even ETC and XRP did better.  New coins will enter and will perform better as well.