Bitcoin For Lodging; Major Booking South Korea Firm To Accept Crypto

Today, one of the major booking firms of South Korea, Yeogi Eottae, has announced that they will partner with third parties to accept cryptocurrencies as payment for their services, on an article by TokenPost. This will help build adoption in the hotel segment in South Korea.
The firm announced that they will be doing this in partnership with Bithumb, one of the largest exchanges of the country to make this possible and minimize security concerns. This marks an exciting development that will surely drive adoption up in this sector.
Some countries like Japan have already embraced cryptocurrencies as legal coins to buy goods and services, and even regulated exchanges. Bithumb has also placed a big bet on adoption this month partnering with some food and drinks retailers to provide them with kiosks that will take cryptos as payment for their goods.
Bithumb is the largest exchange of South Korea; at the end of 2017, the average daily liquidity turnover at the site was of $ 1.3 billion. It is an important issue when a monster exchange strives for pushing usability as a business model instead of only promoting cryptocurrency trading.

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