Home Altcoins News You Cannot Send Litecoin (LTC) To an External Wallet from PayPal

You Cannot Send Litecoin (LTC) To an External Wallet from PayPal

Litecoin

You can Pay with Litecoin at 10s of millions merchants WORLDWIDE with the Litecoin Visa Card and it sync’s with Apple and Google and Samsung Pay. Convert Litecoin in to dollars and spend in minutes.

Someone was wondering, if you can use the Litecoin card to buy stuff at Walmart?

Also, others were like, if the card doesn’t automatically replenish your account with more Litecoin, then I’m basically selling an appreciating asset and potentially overpaying for goods, right?

Got to check this extra close to make sure it isn’t more fake news.

Others were like, Take away monthly fee and I will use the card.

The price is not moving after this news. Why? People don’t believe in LTC? Unfortunately, we no longer trust this news.

Confirmation:  This is real, this card has been around for years.

So, this time is Real. Pump will happen. A small mistake and people are doubting everything about LTC.

Meanwhile, PayPal UK expressed:  “We are delighted to share that all eligible customers in the UK can now buy, hold and sell Cryptocurrencies, Bitcoin, Ethereum, Bitcoin Cash & Litecoin from their PayPal account. Look out for it in the PayPal app.”

Community response:  Adoption will always have 3rd parties adopting the technology to remain relevant.

Question, can you send it to an external wallet after purchase? No, you cannot. From PayPal crypto FAQ.

Some say, Soon they will allow transfers out of PayPal to other wallets.  Looks like you won’t be given a private key going by their FAQ.

Meanwhile, Cryptocurrency enthusiasts should likely that AMCTheatres have announced that they will accept Bitcoin for online ticket and concession payments by year-end 2021. They are also expecting to accept Ethereum, Litecoin and Bitcoin Cash.

However, a user who was not excited by the news stated, “I sold all LTC and it has ended for me. I won’t buy again.”

When asked why?  Because they made a fake news and can make again.

Clarification:  They didn’t make that announcement. Litecoin Twitter Account is not their official twitter.  The original headline was propagated by a random, totally unaffiliated news source. You just sold the original Altcoin of crypto in the middle of a bull market for absolutely no reason.

Response:  Even if this is true, I decided not to buy LTC anymore because of the incident a few days ago.

Let’s drop some more good Litecoin news over the next few days, we deserve it.

 

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Maheen Hernandez

A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies. Appreciate the work? Send a tip to: 0x75395Ea9a42d2742E8d0C798068DeF3590C5Faa5

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