Cryptocurrencies as a means of payments are slowly catching up and last Friday, Samsung stores in the Baltic States announced that they will start accepting payments in seven different cryptocurrencies.
In the official announcement, CopPay mentions that Samsung is currently adopting the trend of crypto payments while following its slogan of “Turn on Future”.
The seven digital currencies which the Samsung store will be accepting includes Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Dash (DASH), NEM (XEM), and Steem (STEEM).
A growing number of merchants accept Bitcoin payments for restaurants, coffee, hotels, apartments, bars, clothing stores, specialty shops and massage parlors.
Also, Samsung is also not a new player in the blockchain and the cryptocurrency space.
Cryptocurrencies as a means of payments are slowly catching up and last Friday, Samsung stores in the Baltic States announced that they will start accepting payments in seven different cryptocurrencies.
The leading IT giant Samsung has announced that digital currency payments will be accepted. The development was made possible via teaming up with CopPay platform. Firstly, users that will use and benefit these services will be from 3 Baltic states.
Samsung has partnered with European fintech payment processing firm CopPay and shortlisted seven cryptocurrencies for payments.
The post Samsung Stores In The Baltic States Start Accepting Cryptocurrency Payments appeared first on CoinSpeaker.
Four official Samsung stores in the Baltics have begun accepting crypto payments, including Bitcoin, Ethereum, Litecoin, Ripple, Dash, Nem, and Steem. Cryptonians in Tallinn, Riga, Vilnius and Kaunas, can now buy Samsung.
The Korean IT giant, Samsung, is accepting payments in cryptocurrency thanks to a strategic partnership with the CopPay platform. In a first stage, the platform implementation will benefit users from 3 Baltic countries.
South Korean electronics titan Samsung has announced that its Baltic stores now accept multiple cryptocurrencies as a means of payment via the blockchain-based CopPay platform, according to a July 20 Medium post.
Samsung is reportedly accepting cryptocurrency payments in several Baltic States using crypto payment platform CopPay. The Lithuania-based company made the announcement today. Customers in Tallinn, Riga, Vilnius, and Kaunas in the countries of Estonia, Latvia, and Lithuania will be able to purchase Samsung smartphones, tablets, laptops, TV sets, and more with cryptocurrency.
The mobile payments app Ubank will be pre-installed by the South Korean company LG Electronics on its smartphones, which will become gradually available in various world markets. The Ubank app is already pre-installed by Samsung in 10 countries.
The mobile payments app Ubank will be pre-installed by the South Korean company LG Electronics on its smartphones, which will become gradually available in various world markets. The Ubank app is already pre-installed by Samsung in 10 countries.
Cryptocurrencies remained downbeat on Friday, December 5, with sentiment deteriorating across leading assets. Meanwhile, the latest ETF flow stats confirm this weakness, with Bitcoin and Ethereum exchange-traded products struggling as new products attracted fresh funds.
Ripple (XRP) seems to have lost steam after recording gains over the past two days. The second-largest altcoin by market cap is trading at around $2. 17, with the bulls pushing to regain control of the trend.
Bitcoin traded just above $93,416 on Thursday as expectations mounted that the US Federal Reserve would cut interest rates next week. During the morning session, the cryptocurrency dipped to $92,612 before climbing to an intraday high of $94,002, reflecting renewed momentum after several weeks of turbulence.
Crypto markets staged a major turnaround on Tuesday as traders reacted to rising expectations of US interest-rate cuts and a surge in spot Bitcoin ETF activity following Vanguard’s decision to end its ban on Bitcoin ETF purchases.
The cryptocurrency market kicked off December with a downbeat mood as negative sentiments prevailed. At the same time, yesterday’s inflows data confirmed a divided landscape among leading spot exchange-traded funds (ETFs), which have become the primary indicator of institutional appetite in digital currencies.
The cryptocurrency market experienced a dip on Monday but instantly bounced back. Bitcoin briefly dropped to the $84k level but is now trading above $86k per coin. XRP, Ripple’s native coin, also dipped on Monday, but the $1.
Coinbase stock (NASDAQ: COIN) plummeted 5% in pre-market trading on Monday, as the crypto sector entered December under assault. Bitcoin shed more than 5% to trade below $86,600, while Ethereum collapsed 5.