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..
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