Back in early August this year, the team at Lite.IM had taken crypto adoption to a whole new level when they announced that Litecoin (LTC) was available via Telegram and Text Messages. The move by Lite.IM was aimed at expanding cryptocurrency access to a wider global population.
Of particular interest is that the progress by the team was during a bear market. Such periods in the crypto-verse have been highlighted as the best time for developing on the blockchain as well as accelerating crypto adoption.
After LTC availability on Telegram and SMS, the team at Lite.IM went a step further this November and integrated their Litecoin remittance service to facebook messenger.
Lite.IM Adds Bitcoin (BTC) Support to Facebook Messenger, Telegram and SMS
It is with the above background that the same team has announced that they have added support for Bitcoin (BTC) on Lite.IM. Users can now send, receive and manage BTC through the popular platforms of Telegram, Facebook messenger and SMS (available only in the US and Canada).
Bitcoin becomes the fourth currency that Lite.IM supports after Litecoin (LTC), Ethereum (ETH) and Zulu Republic Token (ZTX).
Users can access the service on the three platforms as follows:
Telegram – by interacting with @LiteIM_bot
Facebook Messenger -by messaging @lite.im
SMS (U.S. and Canada only) – by texting 760-LITEIM-0 (760–548–3460)
Why Lite.IM believes Social Messaging Will be Key in Crypto Adoption
To note, is that Lite.IM’s services are available in the social media platforms of facebook messenger and Telegram. The focus on the platforms is strategic in that Lite.IM believes that crypto adoption will be driven by such social media platforms due to the billions of users they have. The Lite.IM team went on to explain this as follows:
Just take a look at the monthly active user statistics from the top social messaging apps in the world (all of which are growing)…
WhatsApp: 1.5+ Billion
Messenger: 1.3+ Billion
WeChat: 1.08 Billion
Telegram: 200+ Million
LINE: 200+ Million
Zalo: 100+ Million
KakaoTalk: 50+ Million
Much of this growth is taking place among younger generations and in developing nations, both of which are key demographics for the future of cryptocurrency adoption.
What are your thoughts on Lite.IM adding Bitcoin support to facebook messenger, Telegram and their SMS crypto sending service? Please let us know in the comment section below.
Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you.