a recent article has shown that over 100 car dealerships in the UK now accept cryptocurrency as a means of payment for a vehicle. This is as a result of a partnership that has been formed between these dealerships and a London Digital currency platform.
the purchase of cars with cryptocurrency is done through an online platform that is titled AutoCoinCars, which then serves as an advertising site for those that wish to sell their vehicles and accept crypto, thereby giving a way in which they can only target crypto users.
This was founded in 2019 and within a year was able to sign 50% of the UK car dealerships, really showing just how big the crypto industry is and how fast it is growing.
Personally i think that these type of companies will really propel the use of cryptocurrencies and increase its use globally, and hopefully there are many more vendors that follow in these footsteps in order to start accepting crypto in the future in other countries and in other economic sectors.
the purchase of cars with cryptocurrency is done through an online platform that is titled AutoCoinCars, which then serves as an advertising site for those that wish to sell their vehicles and accept crypto, thereby giving a way in which they can only target crypto users.
This was founded in 2019 and within a year was able to sign 50% of the UK car dealerships, really showing just how big the crypto industry is and how fast it is growing.
Personally i think that these type of companies will really propel the use of cryptocurrencies and increase its use globally, and hopefully there are many more vendors that follow in these footsteps in order to start accepting crypto in the future in other countries and in other economic sectors.