South Korean hotel booking app will start accepting payments in 12 cryptocurrencies South Korean major exchange Bithumb has entered into an agreement with With Innovation, under which the latter will allow its customers to use cryptocurrencies to pay for accommodation in more than 50,000 hotels, motels, guest houses, etc. Writes about this Bitcoin.com with reference to local publications.

South Korean hotel booking app to start accepting payments in 12 cryptocurrencies

Bithumb, a major South Korean exchange, has entered into an agreement with With Innovation, under which the latter will allow its customers to use cryptocurrencies to pay for accommodation in more than 50,000 hotels, motels, guest houses, etc. Writes about this Bitcoin.com with reference to local publications.

“Users can pay with virtual currencies in their Bithumb accounts when they book a hotel, resort or motel. There are about 50,000 objects available in Korea, "Hankyoreh writes..

Bithumb explained that users will be able to pay with any of 12 cryptocurrencies supported by its platform: Bitcoin, Bitcoin Cash, Ripple, Ethereum, Ethereum Classic, EOS, Qtum, Monero, Litecoin, Zcash, Bitcoin Gold and Dash.

“We expect that local tourists and foreigners will use virtual currencies for reservation and payment, which will significantly increase the usability of the service,” a representative of the exchange said..

The service is expected to be available in the first half of this year. Bithumb promised to present it as soon as possible, adding that it is constantly negotiating with various companies in South Korea with the aim of wider distribution of cryptocurrencies..

Similar articles

• Poloniex has denied information about the leakage of user data According to the latest notification, about 1% of users received letters from the exchange.

  Poloniex denied information about the leakage of user data Poloniex cryptocurrency exchange commented on earlier reports that...

• Binance Expands The List Of Assets Available For Margin Trading Binance this Thursday announced the addition of new cryptocurrencies to the Margin Trading section of its platform.

  Binance Expands The List Of Assets Available For Margin Trading Cryptocurrency exchange Binance announced the addition of new cryptocurrencies this Thursday...

• Crypto Exchanges Binance and OKEx Expand List of Supported Order Types.

  Crypto exchanges Binance and OKEx expand the list of supported order types The two major cryptocurrency exchanges announced several...

• Japanese regulator allowed 11 companies to conduct cryptocurrency exchange activities The Japan Financial Services Agency (FSA) has approved 11 companies as operators of cryptocurrency exchanges. Writes about it Reuters.

  Japanese regulator allowed 11 companies to conduct cryptocurrency exchange activities Japan Financial Services Agency (FSA) approved 11 companies in...

• Poloniex has added accounts for institutional clients Circle, which this year became the owner of the Poloniex cryptocurrency exchange, announced the introduction of a new type of accounts for institutional clients on its trading platform..

  Poloniex exchange added accounts for institutional clients Circle, which this year became the owner of the Poloniex cryptocurrency exchange, announced...