Hodler’s Guide to Traveling: Which Platforms Accept Cryptocurrency?

By noreply@blogger.com (Newsrust)

The global economy is becoming increasingly digital, and it’s no surprise that cryptocurrencies and blockchain technology are beginning to impact the travel industry. Many travel agencies now accept Bitcoin (BTC) and other digital currencies as a means of payment, with some even offering discounts to customers who pay in cryptocurrency. Here is a list of popular travel booking platforms that support BTC, as well as blockchain technology.

The 1INCH Network Will Bring Crypto Payments to the Travel Industry

Decentralized exchange aggregator 1inch Network on Thursday announced a partnership with travel booking platform Travala.com, which will allow users to pay for their hotel reservations in cryptocurrency. Travala.com users can now use their favorite cryptocurrency to purchase millions of goods through this collaboration. The move is expected to boost crypto adoption and drive innovation in the travel industry.

Integration with Travala.com will allow 1INCH token holders to book over 2.2 million hotels and resorts, over 600 airlines and over 400,000 activities in 230 countries. This is a huge step forward for the 1INCH network, which will now be able to offer its services to a wider range of users.

Travala.com is a proponent of cryptocurrency adoption, accepting payment in over 50 different cryptocurrencies, including BTC, Ether (ETH), Attached (USDT), Shiba Inus (SHIB), and now 1 inch.

TravelX raises $10 million to create a blockchain-based travel distribution protocol

TravelX, a new company, recently has received $10 million in seed funding to create a blockchain-based distribution network for travel. Juan Pablo Lafosse, the former CEO and founder of Almundo, launched the Miami-based company last year. He believes that blockchain technology will provide businesses with additional distribution alternatives and help them manage inventory more efficiently in various situations.

Alternative Airlines partners accept payments in cryptocurrency

As reported by Cointelegraph, Alternative Airlines, a UK-based travel agency, has partnered with cryptocurrency service Utrust to facilitate payments with crypto.

Alternative Airlines became the first travel industry merchant to partner with Utrust on November 13, when it announced a new relationship with the Swiss-based digital payments processor. Customers can book flights using cryptocurrencies such as BTC, ETH, Dash (DASH), DigiByte (DGB) and Utrust’s native currency, UTK.

Destiny

On its web and mobile applications, Destinia, a well-known hotel and flight booking service founded in 2001 by Ian Webber and Amuda Goueli, offers discounts to BTC users.

Related: Bitcoin rules the world: Traveling to 40 countries in 400 days with BTC

The Spain-based company was an early adopter of cryptocurrency payments. In 2014, Destinia.com became the first online travel agency in the Middle East to accept BTC payments. With the integration of Bitcoin, the company quickly became one of the most popular payment options offered by the company, with transaction volumes mirroring those of PayPal.

Bonus: The Bitcoin Beach

On the outskirts of the capital of El Salvador, about an hour from the city is a hamlet called El Zonte. The warm water and a fantastic point break attract surfers from all over the world, but you can easily identify a different kind of traveler on the winding dirt streets of El Zonte.

The village of El Zonte is allowing residents and visitors to use BTC to pay for anything from utilities to tacos, thanks to the innovation of a local business. The Bitcoin Beach Initiative, according to Joe Hall of Cointelegraphpreceded the adoption of BTC as legal tender in El Salvador, first announced by President Nayib Buekele at the Bitcoin 2021 conference and later enacted in September 2021.

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Source: Hodler’s Guide to Traveling: Which Platforms Accept Cryptocurrency?

Category: Cryptocurrency, Finance