Binance Native Tokens are Now Used for Hotel Bookings at Xceltrip

Published by
Binance Native Tokens are Now Used for Hotel Bookings at Xceltrip

Announced on Twitter today, the native token of Binance, BNB will be used for hotel booking. It says that Xceltrip has 500,00 hotels that accept BNB tokens.
The tweet goes as follows;

Following the Tweet, Binance CEO appreciates the adoption, stating

XcelTrip is a new travel booking platform, enabling air travel, hotels, and vehicle rental services. However, the platform is also employing a cryptocurrency ecosystem wherein it claims itself as the “World class Decentralized Travel Ecosystem. Consequently, in late July 2018, the firm announced to accept seven different cryptocurrencies which were including Bitcoin, Ethereum, Dash, NEM, SteemSteamSteam, Ripple, and Litecoin.

With the early adoption of cryptocurrency across the tourism sector, XceTrip is more likely to disrupt the travel industry. Based out in Singapore, the platform helps people book hotels using its platform. However, the firm has its own token called (XcelToken – XCEL) which has built on Ethereum ERC 20 platform.

XcelTrip is not alone in a race to accept cryptocurrency as a payment, rather there are international travel platforms that hit cryptocurrency mainstream. Few of those platforms are Travelbybit, AirTreks, airBaltic, ABitSky, CheapAir, Destinia, SurfAir and more.

However, there is no clarity regarding 500,000 hotels accepting BNB tokens on its official website. So what’s your take on BNB acceptance as a payment by new travel platform ExcelTrip? Let us know in comment below

Advertisement

Share
Tabassum

Tabassum is a full-time content writer at Coingape. Her passion lies in writing and delivering apt information to users. Currently, she does not hold any form of cryptocurrencies. Follow her on Twitter at @Tabassumnaiz and reach out to her at Tabassum[at]coingape.com

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • News

Fed’s Payments Conference: Waller Floats ‘Payment Account’ Framework to Support Crypto Innovation

Federal Reserve Governor Chris Waller has floated the idea of a 'Payment account' framework that…

October 21, 2025
  • Altcoin News

Aster Outpaces Lighter in Perp DEX Rankings as Wintermute Buys the Dip After Previous Dump

Aster is regaining momentum in the perp DEX space as it outpaces Lightchain in 24-hour…

October 21, 2025
  • Bitcoin News

Is This Final Bitcoin Price Correction Before US Shutdown Ends, Fed Rate Cuts?

Bitcoin price and the broader crypto market are facing yet another selling pressure today, triggering…

October 21, 2025
  • News

Blockchain for Good Alliance and UNDP AltFinLab Launch Blockchain Impact Forum

DUBAI, United Arab Emirates, Oct.20, 2025 — The Blockchain for Good Alliance (BGA), a flagship…

October 21, 2025
  • News

‘Trump Insider Whale’ Increases Bitcoin Short As U.S. Counters China in New Australia Deal

The “Trump insider whale” has once again increased its bearish bets on BTC. This comes…

October 21, 2025
  • Altcoin News
  • News

Trump Advisor Hints US Government Shutdown Could End This Week, Opening Door for XRP ETF Ruling

One of Trump’s advisers has hinted that the US Government shutdown could come to an…

October 21, 2025