You Can Buy a Car with Bitcoin in India
No matter how we look at it, India is always at the forefront when it comes to technology.. Like its support for other technologies, it also supports blockchain technology, Bitcoin and other cryptocurrencies. Since the news that it will legally regulate ICOs, India has entered the cryptocurrency market well.. But this delay has been compensated for by the overwhelming interest in cryptocurrencies last year.. It has already surprised many that cryptocurrencies have attracted so much attention in India.. But what’s more surprising is that it’s now possible to buy cars with crypto.. According to the claim of the company named Bient Technologies, people can now buy luxury cars with Bitcoin through the company’s portal Supercars Via BTC.
Selling cars with Bitcoin is not a very difficult task.. The hardest part, that is, the part that many people struggle with is setting up the official documents and deed stating that this sale has taken place.. But it looks like Bient Technologies has prepared a process to overcome this problem and is able to sell. This transaction initiated by the company may enable other companies in India to take a step towards such an innovation.. But pricing at Bient Technologies is purely Bitcoin, regardless of its current price.. This pricing strategy not only simplifies the payment process, but also solves Bitcoin’s volatility problem.
According to the company, other cryptocurrencies will be available on the Supercars Via BTC platform in the future.. Bient Technologies has partnered with CryptoniumX to create a payment system that will allow users to use any cryptocurrency to buy the car they want.
There is currently a car for sale on Supercars Via BTC.. DC Avanti is sold for 16 Bitcoins.
The steps taken by such companies in India will generally make the country more moderate towards cryptocurrencies.. Currently, countries such as China and Japan are among the first countries that come to mind when it comes to crypto money, and India may be added to these in the near future.
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