Britain’s cafe becomes 1st to accept Bitcoin, Ethereum, and five other digital assets

Sahana Kiran
Source: Pixabay

The amount of recognition the crypto-verse particularly Bitcoin [BTC] amassed over the last couple of years has been impeccable. Cryptocurrencies and NFTs are being widely acknowledged and accepted all across the globe. This brand new coffee shop in Britain was all about embracing crypto as it accepts over seven different cryptocurrencies.

Chai Ada, a cafe set up by Tayyab Shafiq in Shepherds Bush, serves a wide range of delicacies. The coffee shop not only offers coffee, tea, and other beverages but has also included biriyani, kebabs, and desserts in its menu.

While this can seem like your average cafe, it stands out for its variety of payment methods and its sale of NFTs. Chai Ada allows its customers to pay in a total of seven cryptocurrencies. This list includes Bitcoin, Ethereum, XRP, Bitcoin Cash, Verge, Horizen as well as Litecoin.

Source – The Sun

The volatile nature and high transaction fees of certain crypto assets can be a hassle. In order to avoid the same, the cafe decided to onboard different kinds of crypto. The owner of the cafe, Shafiq said,

“Both Bitcoin and Ethereum have the highest market capital but they also have high gas fees, so we wanted to make sure that customers get the best for their money.”

Lifetime discount with NFTs?

NFT is currently a widely sought-after product in the crypto-verse. Chai Ada elevated its love for crypto by including NFTs into its system. Customers of the cafe will benefit through the purchase of an NFT at the cafe.

The cafe reportedly offers a 10% discount for life on the bill to those who buy an NFT from the cafe. However, only the first few customers would be able to avail this offer.

Further elaborating on the cafe’s inclination towards crypto, its founder said,

“Chai Ada has been set up because I really believe that the Metaverse (digital world) is the future, and this is a great way to help encourage the use of cryptocurrency going forward.”