Mobile app Spend now allows crypto users to buy, sell, and pay with Litecoin and Dash at over 40 million locations.
The functionality to spend the two additional cryptocurrencies was added this week after the project announced a new version of the popular mobile application.
#Dash is now available on the #SpendApp. Buy/Sell $DASH with your linked bank account. Exchange $DASH with all supported assets. Spend $DASH at 40+ million locations with the Spend Wallet™ by instantly converting to fiat with the #Spend Visa® Card!@Dashpay @DashpayNews pic.twitter.com/D6kDdVBD21
— Spend.com (@SpendCard) February 12, 2019
Spend has added a variety of new features to their mobile iOS and Android apps, including the ability to set up contacts, asset analytics, in-app exchanges, rewards, referrals, and biometric security options.
The platform works by allowing mobile users to access a multi-currency digital wallet on their smartphones by linking to a bank account. Users can also now store and spend Litecoin and Dash by using the Spend Visa Card, which instantly converts crypto into fiat.
As well as the two new additions, the Spend app also allows users to buy or sell 16 other popular cryptocurrencies and transfer funds to over 180 countries worldwide.
New features
Other interesting features available on the app include the “lend by Spend program”. This feature enables users (in select regions) to secure loans directly and instantly within the Spend wallet.
The company said that they believe in the fourth industrial revolution and the digitisation of currencies. They see “tremendous benefits for users worldwide to have control of their finances and to create an alternative financial solution for those who don’t have access to banking, which currently totals two billion people worldwide.”
By tapping into the Visa network of merchants, the firm is looking to further its mission to expose millions of locations worldwide to new crypto users.
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Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.