Cryptocurrency in Focus: Litecoin Banks on ATM Deal to Stay Relevant

Fibo Quantum

South Korean residents will have a new choice at ATMs soon: In addition to dealing in won, the native currency, they’ll now have the crypto option of Litecoin — a peer-to-peer Internet currency. 

Litecoin on Feb. 28 partnered with MeconCash to integrate Litecoin into its M.Pay platform. The partnership will allow users to exchange LTC for Korean Won at more than 13,000 ATMs across the country. Moreover, users would be able to send remittances around the world or use LTC on MeconMall to pay for various digital goods including mobile games.