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Several car dealerships have started accepting Bitcoin as a payment method, signaling the expansion of digital payments beyond the financial industry into the transportation sector.
Whatās notable is the increasing number of manufacturers and dealerships adopting crypto payments, which has grown by 34% this year in line with rising digital currency adoption.
Among the companies leading this trend are Prestige Cars Kent in the United Kingdom, HGreg in the United States, Bitcars in Europe, and GTA Cars in the United Arab Emirates. These dealerships collectively offer up to 280 types of cars, including luxury brands like Lamborghini and Rolls Royce.
For those worried about not having enough crypto, thereās no need to stressādealerships also accept fiat currency to cover any shortfall.
DYOR