Hodler’s guide to travel: Which platforms accept cryptocurrency?

Published at: May 27, 2022

The global economy is becoming increasingly digital, and it’s no surprise that cryptocurrencies and blockchain technology are starting to have an impact on the travel industry. Many travel agencies now accept Bitcoin (BTC) and other digital currencies as payment, with some even providing discounts to customers who pay in cryptocurrency. Here is a list of popular travel booking platforms that take BTC and embrace blockchain technology.

1inch Network to bring crypto payments to the travel industry

On Thursday, the decentralized exchange aggregator 1inch Network announced a partnership with the travel booking platform Travala.com, which will allow users to pay for their hotel bookings with cryptocurrency. Users of Travala.com can now use their favorite cryptocurrency to purchase millions of goods, thanks to this collaboration. This decision is expected to boost crypto adoption and foster innovation in the travel industry.

The integration with Travala.com will allow 1INCH token holders to book over 2.2 million hotels and residences, 600-plus airlines, and 400,000-plus activities in 230 countries. This is a huge step forward for the 1INCH Network, which will now be able to offer its services to a broader range of users.

Travala.com is a supporter of cryptocurrency adoption, taking payment in over 50 different cryptocurrencies, including BTC, Ether (ETH), Tether (USDT), Shiba Inu (SHIB), and now 1INCH.

TravelX raises $10 million to build a blockchain-based travel distribution protocol

TravelX, a new firm, recently received $10 million in seed financing to create a blockchain-based distribution network for travel. Juan Pablo Lafosse, the former CEO and creator of Almundo, launched the Miami-based business last year. He believes that blockchain technology will provide businesses with additional distribution alternatives as well as help them to deal with stock more effectively in a variety of situations.

Alternative Airlines partners accept cryptocurrency payments

As reported by Cointelegraph, Alternative Airlines — a travel company based in the United Kingdom — partnered with cryptocurrency service Utrust to facilitate payments with crypto.

Alternative Airlines became the first merchant in the travel business to partner with Utrust on Nov. 13, when it announced a new relationship with the Swiss-based digital payments processor. Customers can book flights using cryptocurrencies like BTC, ETH, Dash, DigiByte (DGB), and Utrust's native currency, UTK.

Destinia

On its web and mobile applications, Destinia, a well-known hotel and flight booking service founded in 2001 by Ian Webber and Amuda Goueli, provides discounts to BTC users.

Related: Bitcoin runs the world: Traveling to 40 countries in 400 days with BTC

The company, based in Spain, has been an early adopter of cryptocurrency payments. In 2014, Destinia.com became the first online travel agency in the Middle East to accept BTC payments. With Bitcoin integration, the business swiftly became one of the most popular payment options offered by the firm, with transaction volumes mirroring that of PayPal.

Bonus: The Bitcoin Beach

On the outskirts of El Salvador’s capital, about an hour from the city, is a hamlet called El Zonte. Warm water and a fantastic point break draw surfers from all around the globe, but you may easily identify a different sort of traveler on El Zonte’s twisting dirt streets.

The village of El Zonte allows residents and visitors to use BTC to pay for anything, from utilities to tacos, thanks to a local business’s innovation. As previously reported by Cointelegraph, the Bitcoin Beach initiative preceded the adoption of BTC as legal tender in El Salvador, first announced by President Nayib Bukele during the Bitcoin 2021 conference and later enacted in September 2021.

Tags
Related Posts
President Bukele predicts Bitcoin $100k rally, further legal adoption and more
Last year, El Salvador became the first country to adopt Bitcoin as legal tender under Bukele’s presidency as a countermeasure to the growing inflation in the country. Since legalization, the president acquired 1,370 BTC for the country’s reserve and reinvested its unrealized gains into new infrastructure projects including a hospital and a school. President Bukele predicted that two more countries will join El Salvador to adopt Bitcoin as a legal tender in 2022. In the same year, he expects a bull run that will take BTC price to a new all-time high of $100,000. On Jan 2, El Salvador President …
Adoption / Jan. 2, 2022
KuCoin Labs Launches $100 Million Venture Capital Fund To Empower Early-Stage Metaverse Projects
KuCoin Labs, the company behind the world's sixth-largest cryptocurrency exchange by trading volume with more than 500 crypto assets listed, announced on Wednesday that it would be launching a $100 million metaverse fund for early-stage projects. The money is also available for entities that develop blockchain-based games, nonfungible tokens, and decentralized applications. In addition, Kucoin will also provide business incubation services, branding, incentives, and business partnerships for developers selected into the fund. Johnny Lyu, CEO of Kucoin, said the following in a prepared statement obtained by Cointelegraph: "KuCoin Metaverse Fund will be launched to accelerate the evolution of the Internet …
Adoption / Nov. 17, 2021
Ethereum white paper predicted DeFi but missed NFTs: Vitalik Buterin
Rounding up the last decade, Ethereum co-founder Vitalik Buterin revisited his predictions made over the years, showcasing a knack for being right about abstract ideas than on-production software development issues. Buterin started the Twitter thread by addressing his article dated Jul. 23, 2013 in which he highlighted Bitcoin's (BTC) key benefits — internationality and censorship resistance. Buterin foresaw Bitcoin’s potential in protecting the citizens’ buying power in countries such as Iran, Argentina, China and Africa. However, Buterin also noticed a rise in stablecoin adoption as he saw Argentinian businesses operating in Tether (USDT). He backed up his decade-old ideas around …
Adoption / Jan. 2, 2022
The Bitcoin Family talks about traveling, giving and orange-pilling
Seasoned crypto enthusiasts will remember Didi Taihuttu as the man who went all-in on Bitcoin (BTC) in 2016. He sold his and his family’s possessions. camping out in the Netherlands while he waited for Bitcoin to the moon. In an interview with Cointelegraph, Taihuttu recalls how it felt to own almost nothing but Bitcoin, 6 years ago: “I don’t have any cars, motorbikes, nothing. And I’m happier than ever. And she [Taihuttu's wife] agrees! At that moment we decide to break that chain and lead by example for the kids.” He explains his realization that life is about accumulating happiness, …
Adoption / March 2, 2022
Binance CEO explains what he's most excited about in 2022
During Paris Blockchain Week, Changpeng Zhao, CEO of Binance, the largest centralized cryptocurrency exchange in the world, sat down with Cointelegraph reporter Joe Hall for an exclusive interview. When asked about what excites him the most in crypto in 2022, Zhao said "We're now seeing regulators who want to be a part of this industry. So I think that's one of the most fundamental things we've shifted." "Multiple countries, such as the U.S., issued an executive order regarding stablecoins. Along with Bahrain, Dubai built a regulatory framework and issued a number of licenses to big players." Binance CEO Changpeng Zhao …
Adoption / April 14, 2022