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Nevada Car Dealership Sees Uptick In Bitcoin Payments For Luxury Sports Vehicles
Summary: Vegas Auto Gallery, A luxury car dealership in Nevada, has reported a steady increase in Bitcoin (BTC) payments, likely due to the recent bull market. The shop's inventory includes vehicles from Aston Martin, Bentley, Ferrari and Lamborghini. They recently sold two high-end sports cars to customers who paid more than $6 million in BTC, as ...
Vegas Auto Gallery, A luxury car dealership in Nevada, has reported a steady increase in Bitcoin (BTC) payments, likely due to the recent bull market.
The shop's inventory includes vehicles from Aston Martin, Bentley, Ferrari and Lamborghini. They recently sold two high-end sports cars to customers who paid more than $6 million in BTC, as reported by The Wall Street Journal. The owner of Vegas Auto Gallery, Nick Dossa, stated that roughly 3% to 5% of the dealership’s revenue comes from Bitcoin transactions. One problem frequently cited when it comes to Bitcoin is that it is difficult to use as a currency. Services like Bitpay are easing that complaint.
The dealership accepts Bitcoin payments through BitPay which settles the transaction with U.S. dollars.
By Emily Mason
Tags: Bitcoin,Bitcoin Payments,BTC
Link: Nevada Car Dealership Sees Uptick In Bitcoin Payments For Luxury Sports Vehicles [Copy]
