Dogecoin, XRP Can Now be Used to Book 600 Airlines

Details on the Offering

As Binance unveiled, the new offering was made possible based on its collaboration with Alternative Airlines, an online flight booking platform that supports over 600 airlines and payments with more than 70 different cryptocurrencies. 

advertisement

The collaboration will also come with a discount of 3% on all bookings which will be capped at $500 for all users. Binance exchange is now playing a frontline role in promoting the utility of cryptocurrencies beyond the normal trading on exchanges.

Specifically, the Binance and Alternative Airlines collaboration will also extend support to other digital currencies including Cardano (ADA), Cosmos (ATOM), Avalanche (AVAX), Bitcoin Cash (BCH), Binance Coin (BNB), Bitcoin (BTC) and Polygon (MATIC) amongst others. 

It is worth noting that the support is also extended to the digital currencies that were labeled by the United States Securities and Exchange Commission (SEC) as investment securities, a show that business is progressing as usual. The offering comes with a set of defined terms and conditions and Binance noted that it can cancel the promotion at any time.

Boosting Crypto Usability

Cryptocurrencies are fast progressing from being a nascent asset class to an asset that many users now rely on for survival. Over the past few years, we have seen the defined integration of specific cryptocurrencies into payment platforms like BitPay where they provide an alternative way for people to conduct transactions.

The utility of cryptocurrencies and its underlying technology is fast becoming widespread and forms one of the core arguments by Ripple Labs Inc against the SEC who claimed the blockchain payments firm offered XRP sale as an investment contract.

While it may be difficult to make out the distinction between a token that is a utility and those that are not, the allowance to do more with coins held on Binance is a significant boost that can attract and help onboard more people into the blockchain ecosystem.

Mooky Presale
Mooky Coin Presale
$MOOKY is a meme token which helps planting trees by donating to charity.
Visit Here
AD

Comments

Post a Comment

Popular posts from this blog

AI creates fake IDs to bypass verification: Is it the end of KYC?

Image
In order to trade cryptocurrencies using some of the major crypto markets, investors must go through a “Know Your Customer” (KYC) verification step and provide a valid identification (ID) document. However, technological advancements in artificial intelligence (AI) could threaten this current model. A new AI-based tool now allows people to create realistic fake IDs within minutes for $15, as reported by 404 Media . Interestingly, Joseph Cox, co-founder of 404 Media and journalist, tested the tool and successfully bypass ed the verification check on OKX. “Massive implications for crime and cybersecurity.” – Joseph Cox New: inside the underground site where "neural networks" churn out fake IDs – I tested, made two IDs in minutes – used one to successfully bypass the identity verification check on a cryptocurrency exchange – massive implications for crime, cybersecurityhttps://t.co/hCjHWbKJPf pic.twitter.com/sd8ofmdEOE — Joseph Cox (@josephfco...
Read more

AI predicts Dogecoin price for August 31, 2024

Image
Amid an exceptionally volatile period for the majority of assets in the cryptocurrency sector, Dogecoin (DOGE) is having trouble staying on course, with advanced machine learning and artificial intelligence (AI) algorithms not seeing much improvement in the following weeks. As it happens, Dogecoin has followed the rest of the crypto market, including the industry’s representative – Bitcoin (BTC) – in making a significant price recovery in a single day after a particularly difficult week that has witnessed various other markets around the world dipping. AI DOGE price prediction So, how high can Dogecoin go? Not a lot – in fact, the opposite, at least if you ask the AI algorithm deployed by crypto monitoring and forecasting platform PricePredictions , which projects DOGE price to continue declining towards the end of this month, with an expected drop to $0.084256 by August 31, 2024. ...
Read more

Ripple: Man Sells House Worth $800,000 To Buy XRP Tokens

Image
The cryptocurrency sector is rarely dormant. In a new development, an X handle by the name of Myles G Investment shared an interesting story outlining his father’s bold move concerning Ripple ’s native token XRP. Discussing it in length on X, Myles G Investment shared how his father liquidated a whopping $800,000 to invest in Ripple ’s XRP.  Dubbed a move that is rather bold and powerful, Myles contended that the community should seek inspiration from his father’s unhinged admiration and faith for XRP.  Also Read: Ripple XRP: Machine Learning AI Predicts Price for March 1, 2024 Ripple: Man Liquidates $800,000 to buy XRP The crypto Twitter community is always brimming with significant investment stories. One such story caught the attention at X, where a man reportedly sold his residential property to buy XRP.  Myles G Investment, a profile on X, caught the attention of the users when he shared how his father invested $800,000 in Rip...
Read more