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In Venezuela, Travelers Can Now Pay For Airline Tickets With Crypto


Travelers will soon be able to buy airline tickets in Venezuela while using cryptocurrencies. More so, Freddy Borges, Director of the Maiquetía International Airport announces the statement. Stating that the institution is working to add cryptocurrencies like dash, bitcoin, and the national petro. All will be supported currencies in the airport’s payment system.


Venezuela Airport to Receive Crypto as Payment



In this statement, Borges explains the process, “We will activate a button for cryptocurrency payments in the airport platforms…”
“and commercial activities, in coordination with Sunacrip.”


More so, the officer mentions bitcoin, dash, and the national petro as possible consideration for the Venezuela airport.
Also, Borges highlights the necessity of using these payment methods to handle the purchases of tourists. Furthermore, He explains that the Venezuela airport must go further in the implementation of these new features.

Notably, Sunacrip, the national cryptocurrency watchdog will regulate The use of these cryptocurrencies as payment methods.
The Maiquetia International Airport is one of the most important civil airports in Venezuela. Therefore, it receives passengers from 17 different international destinations.



Venezuela and Crypto Payment Methods



Furthermore, This is not the first time that cryptocurrencies are in consideration as possible payment methods. Especially, for airline tickets in Venezuela.
A national airline called Conviasa in 2019 makes announcement of selling tickets in Petros. Then, Joselit Ramirez, the national cryptocurrency superintendent notes how the operations will receive confirmations in less than two minutes.

Lastly, all these crypto payment adoption is a hedge against inflation. The country is still mot fully recovered from inflation, and cryptocurrency is there to help.

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.