Cryptocurrency wallet Jaxx has announced plans to integrate litecoin into its platforms and apps following “significant community demand.” Litecoin, the fourth largest cryptocurrency by market capitalization valued at approximately US$180 million, has already been pre-approved by Apple. The integration will come into effect in early-October.
“We received countless requests from the community to add support for litecoin, and we knew it was already accepted by Apple on the App Store, so for us it’s a perfect fit and makes the most sense right now,” Anthony Di Iorio, founder and CEO of Jaxx, said in a statement. “Litecoin has stood the test of time; it’s very popular at number four, and it boasts better transaction times than bitcoin.”
The news comes shortly after Jaxx integrated Dash and Ethereum Classic. Both digital currencies were rejected by Apple’s App Store but are nevertheless supported on other platforms including the Android apps, Chrome extension, and Window desktop software.
So far, Apple has approved bitcoin, Litecoin, dogecoin, ether, the DAO tokens, Ripple, steem, Lisk and Digicash.
Jaxx currently supports bitcoin, ether and DAO tokens on all nine platforms; Dash and Ethereum Classic on seven of them. Di Iorio said he will announce the addition of several more tokens for integration into Jaxx’s suite of wallets in the coming months.
“We have always been pro-technology and pro-choice,” Di Iorio said.
“One of our primary goals is to give people options in a constantly evolving digital age. We are proud to be the one-stop shop for people managing their digital wealth; customers can now access their portfolio of coins, trade them, and hold onto their keys without having to trust a centralized exchange”
Commenting on the announcement, Andrew Vegetabile, director of the Litecoin Association, a non-profit organization serving as the cryptocurrency’s lead advocate, said:
“Having Litecoin integrated with Jaxx allows our community members, who are also members of other communities, to feel a sense of unity when accessing platforms that allow multiple cryptocurrencies. This partnership enables those cross-community members to access their various cryptocurrencies in one platform without having to worry about keeping up with multiple wallets and applications.”
Launched in June 2016, Jaxx is a multi-token blockchain wallet created by Canadian startup Decentral. Jaxx aims at providing a unified experience across nine platforms and devices and comes with crypto-to-crypto buying and selling capabilities through an in-app ShapeShift integration.
Litecoin was created in October 2011 by former Google engineer Charlie Lee “to complement, instead of compete, with Bitcoin,” providing users with faster transaction times.
Litecoin will soon celebrate its fifth anniversary and for the occasion the Litecoin Association and Litecoin Core have partnered with bitcoin hardware wallet manufacturer Ledger to release 500 limited edition of Ledger Nano S.