Porsche now lets you pay for their cars using crypto payments in Bitcoin, Ethereum, Shiba Inu, and other cryptocurrencies.
Bitpay announced a partnership with Porsche Towson on Twitter. With Bitpay’s integration, users can purchase a Porsche car using cryptocurrency as a payment.
Porsche and Bitpay to ease car purchases
The announcement confirmed the various crypto accepted through its tweet.
Porsche Towson is a Porsche dealer in Twoson, United States. The showroom sells both brand new and pre-owned Porsche cars. BitPay emerged in 2011 with a vision to make payments of businesses easier with bitcoin. BitPay has amassed over 10,000 merchants that use BitPay for easier crypto transactions.
BitPay’s tweet seems to be flooded with Shiba Inu supporters. BitPay had made an announcement on December 8, 2021, that the community can use Shiba Inu to buy, swap, and spend in their app.
Shiba Inu has hit major milestones these past few months. They were the second top cryptocurrency mentioned on Twitter in November 2021, and even reached #10 on the top 10 of cryptocurrencies list for a brief period.
BitPay’s announcement
BitPay also announced that the SHIB community could spend their SHIB through their BitPay debit card at Walmart and various other physical stores.
Porsche, a German automobile manufacturer, mainly specializes in producing high-performance sports cars, SUVs, and sedans.
Porsche Towson’s decision to accept crypto will lure a lot of crypto enthusiasts. It will make the purchase of cars a lot easier. Customers needn’t go through the hassle of converting their crypto to fiat to make their purchases. The Towson dealership also offers the residents of Towson, Yorktown, Cockeysville, and Baltimore various Porsche models.
Ever since Elon Musk said that Tesla could be bought with crypto, car companies and dealerships seem to jump on the bandwagon.