Newegg claims crypto first as it accepts Litecoin on BitPay

Newegg has become the first major online retailer to accept the Litecoin (LTC) cryptocurrency as a payment method, via the BitPay platform.

Customers will have the option of paying with LTC using the BitPay Wallet app.

“Newegg has always been able to quickly implement new technologies to offer its customers innovative new ways to pay for products and services purchased through its platform,” says Stephen Pair, CEO at BitPay.

“As the enthusiasm and excitement around the use of cryptocurrency continue to grow, it demonstrates once again that it’s committed to making it easy for customers to shop their way with a growing array of payment options that also cater to crypto fans.”

We are now accepting @litecoin as an official payment option.

Just click “Edit” in the Payment section during checkout, select @BitPay, and complete your order. $LTC

Read more ► https://t.co/50jmcIlMxh pic.twitter.com/0WbMKyYM3S
— Newegg (@Newegg) July 29, 2021

Newegg’s partnership with BitPay dates back to 2014 when the pair collaborated to enable Bitcoin transactions on Newegg.com.

Subsequently, the pureplay was among the first to accept Dogecoin in early 2021.

“Delivering a better online shopping experience isn’t only about price and selection. It’s also important to let people shop however they want, and that extends to offering flexible payment options,” says Andrew Choi, Sr. Brand Manager at Newegg.

“We're thrilled to accept Litecoin, as we believe that convenient payment options improve the overall shopping experience for all our customers."