Ripple’s XRP Accepted By Samsung in Baltic States

The leading IT giant Samsung has announced that digital currency payments will be accepted. The development was made possible via teaming up with CopPay platform.

Firstly, users that will use and benefit these services will be from 3 Baltic states. The announcement was made by the Lithuanian-based company on July 20.

The stores that will accept cryptocurrencies are those located in Tallinn (Estonia), Riga (Latvia), Vilnius (Lithuania), and Kaunas (Lithuania). The expected results have not yet been released, but it is clear that with a broader range of possibilities, sales will increase. One of the coins that is going to be accepted is XRP token from Ripple.

Though the demand for smartphones by Samsung in all price categories and falls each year, but the gadgets are still one of the best on the market. The main problem of branded products at too high price, which prevents the flagships, like the Galaxy S9 and Galaxy Note 8, sold well.

Today, July 21, 2018, the South Korean company announced that all its smartphones are free to millions of people. This is true, but there is a caveat. The fact that now buying smartphones Samsung using the cryptocurrency. You can buy the stock of some company, either to produce their own using a powerful computer, that is a bit of a “farm” for mining.

Currently pay over the phone using digital cash in the Baltic States and Portugal, but soon this option should appear in other regions. That Samsung has started selling smartphones for the cryptocurrency, the company said CopPay on his page in social network Facebook.

She is responsible for acquiring payments using digital currency, that is, she is, in fact, customers pay the money and she then puts them South Korean Corporation in any way, which was negotiated in the framework of the cooperation agreement.

Now pay for Samsung smartphones you can use all of the most popular of cryptocurrencies, namely bitcoin, ether, Lytkina, Ripple, Dash, NEM and Steem. In the future, says CopPay, pay for South Korean products will become possible and using other digital currency, up to the most rare. It will happen before the end of 2018.

About it promise to report separately. Furthermore, the South Korean Corporation is going to start to accept payment for their mobile devices so in other countries of the world. All those people who are engaged in mining, or earn money through cryptocurrency can only envy, because now they can without any difficulty pay for Galaxy S9 Galaxy Note 8, Galaxy A8 and any other smart phones of Samsung without using the usual cash like Euro, dollar and other.

Rank Site Location +currency Buy
with…
Score
1 etoro London, UK

USD
derivatives

CFD
+ bank transf.
+ card
+ paypal
+ webmoney
9.85
2 coinbase San Fran, USA

USD EUR GBP
buy bitcoin credit card

+ bank transf.
9.80
3 iqoption Limassol, Cyprus

USD EUR
derivatives

CFD
+ bank transf.
+ card
9.75
4 localbitcoins local

all currencies
buy bitcoin with cash

+ paypal
+ bank transf.
9.55
5 cex London, UK

USD EUR GBP RUB
buy bitcoin credit card

+ bank transf.
+ Ethereum
9.50
6 changelly

cryptocurrency exchange
Prague, Czech Rep.

35+ crypto pairs
cryptocurrency
CRYPTO- CURRENCY

+ credit card
8.65
8 binance

cryptocurrency exchange
Shanghai, China

30+ crypto pairs
cryptocurrency
CRYPTO- CURRENCY
8.60
9 hitbtc

cryptocurrency exchange
Copenhagen, Denmark

25+ crypto pairs
cryptocurrency
CRYPTO- CURRENCY
8.30

Past performance is not an indication of future results. Also, leveraged products can carry a high degree of risk. eToro offers protective measures to manage risk effectively, but in rare occasions it is possible to lose more money than invested. This content is for information and educational purposes only and should not be considered investment advice nor portfolio management.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.