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WhatsApp enables its users to send or receive Bitcoin

The cryptocurrency transactions have been made easy by introducing the virtual currencies to the common public, Whats App has enabled its users to send and receive the Bitcoin, Zulu republic tweeted earlier stating that people using Whats App can exchange Bitcoins and Litecoins by a cryptocurrency messaging system called lite.im, the users will need to attach a bot called lite.im to their WhatsApp.

Many different choices are available related to BTC and LTC such as sending and receiving the coins, checking the transactions, exporting their existing wallet, configuring the settings such as the language preferred and setting your passwords, read instructions related to the components, and share, if you refer this to another person you can earn cryptocurrency via referring. This service facilitates the exchange of ETHER and ZTX too.

Transactions Simplifie

The instant messaging will no doubt simplify the virtual transaction, as not everyone is tech-oriented or knowledgeable. Lite.im facilitates a similar instant messaging system for Facebook users and telegram. The company believes instant messaging is a core part of spreading cryptocurrency to the masses, as Whats App has around 1.5 billion users all over the world, instant messaging cannot be discounted.

In Africa and South East Asia, mobile-based transactions are common, people can have better access to these payment methods. Several institutions and organizations have declared that they are going to incorporate Bitcoin, this cryptocurrency has been making headlines continuously.

Facebook's Coin

Facebook has its own way of dealing with cryptocurrency, lite.im could be seen in a competitive light, no report has surfaced about what Facebook’s cryptocurrency perspective is, but it could be predicted that they might come up with a name such as Fbcoin for its token, apparently Whats App is ahead as they have already kickstarted the cryptocurrency magic onto its users.

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