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
The September U.S. jobs report beat estimates, with both the nonfarm payrolls and the unemployment…
Metaplanet is seeking funds of up to $150 million dollars to purchase more Bitcoin even…
World Liberty has started moving user funds after a major token burn. This comes after…
Wall Street estimates Nonfarm payrolls in the United States to come in at 50K in…
The Bitcoin price today has recorded some gains after days of a downtrend. Experts are…
21Shares, one of the world's largest issuers of crypto exchange-traded products, has gained automatic approval…