Bitcoin & Litecoin Adoption gets a Luxury Boost, ATMs Ready for a Big Kick

Achal Arya
November 14, 2018 Updated April 12, 2022
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CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal 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.
bitcoin atm

Cryptocurrency adoption is constantly on the rise. Bitcoin and Litecoin are being accepted by Surf Air Express for membership. Recently, luxury watch manufacturer Hublot also unveiled its limited edition watch that can only be purchased with Bitcoin. Meanwhile, Bitcoin ATMs are close to crossing 4k worldwide with another boost coming with Germany’s only regulated trading venue for digital currencies acquiring a bank.

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Pay for Luxury with Bitcoin & Litecoin

Bitcoin and Litecoin can also be used to pay for air travels as Surf Air Express announced Surf Air Express X Cryptocurrency.

Surf Air Express basically arranges travel and other services solely as a manager of the Surf Air membership program and offers flight prices comparable to business and last-minute economy. The company is “now accepting Litecoin and Bitcoin for their Indiegogo campaign. Purchase your Surf Air Express Membership with cryptocurrency.”

The official announcement on its website reads, “The future of travel meets the future of money,

We’re proud to offer Litecoin as a payment method for Surf Air Express. Apply now and purchase your Surf Air Express Membership or flight packages.”

Its network includes San Francisco/Bay Area, Los Angeles, Santa Barbara, San Diego, Truckee, Napa, Monterey, and Las Vegas in California and Austin, Dallas, Houston, and Midland in Texas.

Another boost came into the form of luxury watch manufacturer Hublot. In order to celebrate the 10th anniversary of Bitcoin, Big Bang Meca-10 P2P has been made available online for purchase that will cost USD$25,000.

Hublot is exploring these avenues in partnership with OSL, whose Chairman and co-founder Dave Chapman shares,

OSL is excited to collaborate with Hublot and LVMH, an industry leader in the luxury world, to enable a digital asset industry first. As investors are increasingly looking to diversify their investment portfolio by adding digital assets with generally low correlations to traditional asset classes, we are committed to providing our clients with industry leading trading solutions to support their investment journey.

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Bitcoin ATMs gets a Swift Kick

The total number of Bitcoin ATMs worldwide has reached just about 4,000 according to Coin ATM Radar. Among these, Litecoin is supported by 2,325 ATMs.

Another big jump would be coming with Bitcoin Group SE that is going to venture into ATMs. One of the biggest crypto exchange of Europe, Bitcoin.de has recently acquired a bank Tremmel Wertpapierhandelsbank GmbH, “The acquisition will significantly expand the services offered by Bitcoin Group SE, which operates Bitcoin.de, Germany’s only regulated trading venue for digital currencies.”

Leading to the expansion of cryptocurrencies in Germany and Europe this news has the crypto community excited as one enthusiast shares,

The official announcement shares, this acquisition will help,

Bitcoin Group SE’s ability to issue its own cryptocurrency products, carry out proprietary trading in cryptocurrencies, and operate cryptocurrency ATMs is now available under the securities service provider’s banking license.

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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.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal 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.

About Author
About Author
Achal Arya is a digital product designer and an entrepreneur. He did his masters degree in design from IIT Hyderabad and has a bachelors degree in Computer Science. He works in the Web3 domain and manages new developments at CoinGape. Follow him on X at @arya_achal or reach him at achal[at]coingape.com.
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.