Wednesday, April 21, 2021
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AirBaltic The First Airline To Accept BTC Payments Now Accept Ethereum, Bitcoin Cash and Doge

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Latvian airline AirBaltic has added the ability to pay for air tickets in ETH, BCH and DOGE cryptocurrencies. Now the airline supports payments in 8 cryptocurrencies.


In 2014, AirBaltic was the first international airline to add the ability to buy tickets with Bitcoin. Subsequently, the company began accepting payments in USD Coin (USDC), Binance Dollar (BUSD), Gemini Dollar (GUSD), and Paxos (PAX).

 

Now you can pay for tickets with three more cryptocurrencies: ETH Bitcoin Cash, and DOGE.

Note that ticket prices are not denominated in cryptocurrencies. They are always indicated in Euros, and the conversion takes place at the time of purchase through the BitPay service at the current exchange rate. Accordingly, airBaltic receives euros, not cryptocurrencies, to its accounts.

“As an innovative airline, we are always looking for new ways to improve the customer experience. Over the past years, about 1,000 customers have used the opportunity to pay in cryptocurrencies. This may seem like a small number, but we offer passengers a unique payment method that is difficult to find anywhere else in the airline industry, ” said Martin Gauss, CEO of AirBaltic.

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So far, the number of airlines accepting cryptocurrencies is few. In 2018, the Taiwanese airline FAT added support for Bitcoin, and in 2019, Norwegian Air announced cryptocurrency payment options.

Read Also: 5 Exciting Altcoin News This Week Plus Some Other Major Altcoin Updates

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Mark Brennan
Mark Brennanhttps://thecryptobasic.com/
Mark is 27, holds a Master degree in Business Administration, and works as a content Creator at TheCryptoBasic mostly on Crypto Market Updates. Since 2014 he has been active in the crypto sector. Thanks to the Business College in which other than Business subjects, he was taught about the disruptive potential of Blockchain. His interests include Blockchain technology and Crypto Market innovations. He also founded a small startup in which he gives lectures on cryptocurrencies.

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