LGCY Network, a DPoS, open-source blockchain protocol has announced the launch of LootUp App as its official cryptocurrency payment platform. Online merchants can now accept payments in several cryptocurrencies thanks to the tireless efforts of its Co-Founder, Justin Waiau. This fiat-to-crypto payments provider particularly aims to simplify all global financial transactions.
The advantage of LootUp app is that it integrates effortlessly with the company’s exchange, despite the fact that there are a few cryptocurrency payment gateways already functioning in the market. Users can easily download the app, register, and begin accepting payments in cryptocurrencies like Ethereum and bitcoin etc. As digital assets become more widely used, this is LGCY Network’s latest effort to further streamline the global decentralized network.
“As the crypto and Web3 economies expand, there is an increasing need to provide better fiat-to-crypto on-ramps to connect the conventional finance sector with the decentralized and centralized crypto economy. The goal of LGCY Network is to expand financial stability on a global scale. With the launch of LootUp app, we aim to further accelerate this mass crypto adoption.” states Justin Waiau, President of LootUp app and Co-Founder of LGCY Network.
With the help of a secured payments platform, LootUp connects businesses, merchants, and millions of individuals to the blockchain and cryptocurrency businesses. Its simple APIs can be used by merchants to get their company crypto-ready and begin accepting crypto payments. Consumers will also have more accessible buy-sell cryptocurrency services and entry points.
LootUp will support:
- Various cryptocurrencies worldwide
- All prevalent payment options, such as VISA, PayPal, MasterCard, and many other
- Purchase and sale of cryptocurrency for users
- Simple, transparent, and seamless API connectivity for retailers
- Fast and cost-effective transactions
In order to provide its user base with fiat on and off ramp solutions, LootUp also plans to collaborate with top blockchain platforms and cryptocurrency wallet providers in near future. Through these collaborations, LootUp would modernize its on-ramp payment processing platform. This will cover any upcoming initiatives to incorporate improved fraud detection and payment processing. It will also give LootUp access to a white label digital wallet and significant regulatory expertise in fiat-to-crypto transactions through an integrated finance solution.
“With the acceptance of cryptocurrencies and NFTs, we anticipate that global e-commerce will continue to grow and expand faster than the traditional trading system.” states Justin Waiau. “Our payment rails already serve the top cryptocurrency exchanges worldwide, accounting for almost all of the total trading volume through LGCY Network, with the introduction of LootUp App it will further streamline and enhance our business goal.” he further adds.
About Loot App
A soon-to-launch new payment platform designed for a modern audience that will enable its users to adopt cryptocurrencies and reach out to new clients by facilitating simple, direct fiat-to-crypto transactions.
About Justin Waiau
A blockchain and crypto investor in his own right, Justin is the man behind the idea of LootUp App. He is also the Co-Founder of LGCY Network, founded in August 2020, with the intent of delivering the promise of a truly decentralized blockchain. A Blockchain & Crypto Investor with several years of experience, Justin is an expert in in-depth market research and blockchain technologies.
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