It looks like before Facebook can launch its native cryptocurrency for WhatsApp we’re going to get dozens of other methods to send and receive Bitcoins using WhatsApp. In March we had heard that an app called Waubit is making it possible to send and receive Bitcoins over WhatsApp, and now a new bot made by Lite.im has also brought the same functionality.
That’s right. According to an announcement done by Zulu Republic, the company behind Lite.im, a new WhatsApp bot has now been launched to allow people to easily send BTC using WhatsApp. All they need to do is to add the bot to their WhatsApp. Adding the bot is same as adding any other user: save a contact in your phone with number +1 (786) 916-7825. Once you’ve saved it, you can message the bot from your WhatsApp. Just message the bot and you’ll receive a greeting message asking you to choose your preferred language. You can choose your desired option by sending the number assigned to it.
After selecting your language you’ll be asked to provide a secret password. Once your wallet is detected by Lite.im bot, you can perform the transaction of your choice. Besides sending/receiving Bitcoins, Litecoins, Ether or ZTX (Zulu Republic’s native token) the bot also allows you to perform a number of different things, which include:
- Viewing transaction history
- Exporting wallet
- Changing settings
- Claiming rewards
- And so on.
we are happy to announce that from today you can send and receive #bitcoin & #litecoin on #WhatsApp via @liteim_official ! try it yourself here: https://t.co/JaldSafGBK @FranklynCrypto @SatoshiLite @CharlieShrem @CCNMarkets @GLRalf
— Zulu Republic (@ztxrepublic) May 19, 2019
You can also earn BTC or LTC by referring the bot to your friends. Lite.im has also launched similar bots for Facebook Messenger, Telegram and SMS. It’s one of the most straightforward methods to send or receive cryptocurrency for those who’re not tech-savvy enough to take control of their keys. The company feels that social media can play a major role in cryptocurrency adoption as it has more than a billion users spread across the globe.
So, while Facebook works on its own cryptocurrency you can use the Lite.im wallet and its bots to send and receive crypto easily. However, keep in mind that this ease of use comes at a price – your keys are managed by Lite.im to facilitate these smooth transactions, so we won’t advise you to keep a large crypto balance in your Lite.im wallet. Keep small balances – only those that you want to send/receive regularly.