Bittylicious Launches Litecoin Purchases

Bittylicious, a UK based bitcoin marketplace has announced that it has added the ability for users to purchase litecoins from their site. Unlike exchanges, Bittylicious operates a marketplace where digital currency sellers in the UK and EU can provide their inventory of bitcoins, feathercoins, and now litecoints for purchase. At the front end, buyers are provided a current price for either buying via a bank transfer, or Barlays Pingit mobile Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term service. After electing the purchase amount and entering a Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term wallet, or one for litecoins or feathercoins, buyers enter their bank details. The digital currencies are then sent once the fiat cash transfer is received by Bittylicious. According to Bittylicious Founder, Marc Warne, the marketplace currently processes between 70-300 BTC a day in volume.

In terms of why they are adding litecoins, Warne answered to Digital Currency Magnates that the “Simply the interest in Litecoins and altcoins in general. Litecoins were one of the earliest altcoins and certainly the only early one to really make it. We've been supporting Feathercoins for a while and this proved that our setup can handle altcoins just fine.” Looking towards the future and evolving to a streaming quote based exchange, Warne mentioned that it’s a long term goal, but not one that would be taken for a while. He added that “Bittylicious is really designed to make coins easily available to users and we'll continue focusing on this for now.”