If it’s your preference, purchasing a Ferrari with cryptocurrency is now possible in the US

If it’s your preference, purchasing a Ferrari with cryptocurrency is now possible in the US


Anyone sitting ‍on a mountain of cryptocurrency​ can now use it to buy a Ferrari in the US. According to Reuters, the luxury carmaker is working with the crypto payment processor BitPay ⁤to accept bitcoin, ether ‍and USDC for purchases stateside, which customers were apparently begging for.‌ Europe is expected to get the same treatment in early 2024, with other regions to ⁤follow.

There won’t be any​ upcharges for those paying ⁤with crypto, Ferrari’s Chief⁢ Marketing and Commercial​ Officer Enrico Galliera‍ told Reuters, and BitPay will convert​ those payments to traditional currency at the time of the transaction to avoid ⁣any‌ issues ‌of volatility. Galliera‌ said the move will help the‌ company reach “people who are‍ not necessarily our clients but might afford a Ferrari.”

Just last year, Ferrari announced a commitment⁢ to⁤ more sustainable operations, including reducing its environmental footprint, and embracing the notoriously⁤ energy-intensive cryptocurrencies would seem to go⁢ against…

2023-10-14 16:46:39
Original from www.engadget.com rnrn

Exit mobile version