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HomeCrypto NewsMarketXiaomi That Recently Overtook Apple In Smartphone Market Now Accepts Bitcoin Payments In Portugal

Xiaomi That Recently Overtook Apple In Smartphone Market Now Accepts Bitcoin Payments In Portugal

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The Portuguese branch of Xiaomi has begun accepting Bitcoin and other cryptocurrency payments.


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Mi Store Portugal, official Xiaomi retailer, announced on Facebook that customers can now purchase Xiaomi devices using five cryptocurrency options, including BTC, ETH, USDT, Dash, and the Utrust token (UTK).

This new payment option was made possible by a partnership with Utrust. 

Users can now buy smartphones, vacuum cleaners, smart watches, electric scooters and other stuff with Bitcoin, Ethereum and other crypto on Xiaomi Portugal.

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Pedro Maia, the head of marketing at Mi Store Portugal says that Xiaomi, which recently overtook Apple in the smartphone market, aims to live up its promise of “innovation for all” by moving into crypto.

He said:

“We are a technological, innovative and disruptive brand. That’s why we always want to be one step ahead. We want to give the possibility to all true technology fans to buy their favorite gadgets with what is currently “the most technological money.”

It is not surprising that Xiaomi has picked Portugal for digital asset payments given that Portugal is considered to be the most crypto-friendly nation in Europe because of its tax policy.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Albert Brown
Albert Brownhttps://thecryptobasic.com/
Albert Brown is a cryptocurrency investor and journalist who has been in the nascent space since 2017. His love and passion for technological innovations made him delve deeper into the world of blockchain and cryptocurrencies. As a journalist, Brown has written on several crypto-related topics that have been referenced by popular industry players like Tyler Winklevoss, Binance CZ, etc.

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