Litentry (LIT) is now listed in the Crypto.com App, joining the growing list of 250+ supported cryptocurrencies and stablecoins, including Bitcoin (BTC), Ether (ETH), Polkadot (DOT), Chainlink (LINK), VeChain (VET), USD Coin (USDC), and Cronos (CRO).
Litentry is a decentralised cross-chain identity aggregator that enables linking user identities across multiple networks. They aim to provide liquidity, interoperability, and consistency to data querying. The protocol can be widely adopted in DeFi, on-chain governance, and customised data services. LIT is the native token of the Litentry network. Holders can stake LIT to become an identity registrar or get rewarded with LIT for setting up indexed identity databases from different networks which could provide nodes with quick and reliable decentralised identity data.
Crypto.com App users can now purchase LIT at true cost with USD, EUR, GBP, and 20+ fiat currencies, and spend it at over 80 million merchants globally using the Crypto.com Visa Card.