India’s oldest cryptocurrency trading platform Unocoin has allowed its users to use bitcoins to buy Domino's Pizza, Baskin Robin ice creams, coffee from Cafe Coffee Day, and other utilities from over 90 different brands by using Bitcoins. A registered user of Unocoin can use bitcoin worth as little as INR 100 and as much as INR 5,000 to avail of these vouchers from these brands, the Bengaluru-based startup said.
“Bitcoin as a barter asset is being accepted and traded by millions of users worldwide through this initiative we would like to educate the Indian audience about the multi-dimensional use of the cryptocurrency,” Sathvik Vishwanath, Co-Founder & CEO Unocoin said in a statement.
“While there are tens of thousands of physical outlets and e-commerce portals accepting bitcoin as a mode of payment in the countries like the US, our country doesn’t have such acceptability yet. Our offering answers the popular question of where someone can spend bitcoin in India,” he added.
The trading platform is providing its users with a diversified option of brands across sectors like travel, restaurants, lifestyle companies, clothes, accessories, hotels, and much more to use their Bitcoins as an alternative cash commodity.
Here are the steps to buy vouchers using Bitcoin:
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