Posts

Showing posts with the label travelling with cryptocurrency

The Future of Cryptocurrencies: VERGE + XCELTRIP Partnership!

Image
With a size of USD 8.27 trillion global economy, the travel industry is one that see a steady upward growth adding to an already existing revenue of about USD 1.34 trillion. Like any other industry, this too has its own shortcomings, with fluctuating currency values, the everchanging policies of various countries, travel for pleasure and for business can be affected. One point of concern for every traveller is exchange of currencies and the hassle that comes along with it. It is true that one can use digital wallets and credit cards, but these payments may incur the traveller an additional cost that can be avoided with the use of cryptocurrencies. Travel plays a role in the future of cryptocurrencies . Cryptocurrencies are becoming a favourable medium of exchange, during travels as they do not adhere to global norms that traditional currencies are subjected to, making transactions cheaper and expensive destinations far more reachable to a larger audience. The future of cryptocu...

TRAVEL INTERNATIONALLY WITH CRYPTOCURRENCY

Image
Travelling internationally is perhaps the one of the most exciting prospects one can have. Travelling internationally is certainly not a cheap affair. From hotel bookings, to travelling around the country, exchange rates grate our every transaction, piling up fees and racking up our credit card bills. Acting as a breather for the tourists around the world, is the entry of cryptocurrency into the travel industry. The global, open nature of cryptocurrency allows travellers to make secure international transfers without the involvement of banks and exorbitant rates to use your cards internationally. For all those travel enthusiasts planning their next international trip, here are a few benefits of travelling with cryptocurrency : ·        Converting your currency to the local currencies of the area can be a tremendous hassle for travellers and especially for new travellers. Converting currencies involves the loss of money for transaction fees. With ...