There are many travel websites that accept payment in cryptocurrencies. The usage and popularity of the virtual currency have been developing among people day by day. Similar to this growing interest in the cryptocurrencies, one popular travel platform Bitcoin.travel has started to support the payments in six new cryptocurrency coins, also including Bitcoin cash (BCH).
Bitcoin.travel functions with businesses that are from travel companies, which are ready to take the payment in decentralized cryptocurrencies. Bitcoin. travel platform, which is accessible in various languages for the users, the users can run searches for flights, hotels and rental items presented by the various partners around the globe.
Earlier Bitcoin. travel only accepted payment in one cryptocurrency that is Bitcoin (BTC), and now it added six more cryptocurrencies for payment services on their site. The six cryptocurrencies are Ethereum (ETH), Bitcoin cash (BCH), Litecoin (LTC), Dogecoin, Ethereum Classic (ETC), and Dash coin.
The users can book any destination, places to stay or any other services of their choice and can pay with their desired cryptocurrency. The payment is received on confirmation but is transmitted to the service supplier around after 24 hours, when users check-in.
In spite of the fact, the number of users booking their flights or stays using cryptocurrency is low, and the chances of using cryptocurrency will hope to increase when it goes more regular. The website has opened the cryptocurrency payment option with more than one cryptocurrency coin is very useful for the business.
Now the largest issue to defeat is the fluctuation of the prices. Other ordinary travel websites kept the equal amount of payment for the user and provide it to the supplier of flights or hotels at a proximate date. But with this travel website keeping the cryptocurrency payment is the main issue because of the fluctuations of the prices.
Now we have to see how the cryptocurrency industry and travel website using cryptocurrency payments will overcome these difficulties. And can cryptocurrency be chosen as an applicable payment mode for the travel websites?