Lithuanian stores to start selling bitcoin vouchers

Posted 18 September, 2019

Lithuanian kiosks began to accept cryptocurrency as a means of payment for goods and services. Also, many entrepreneurs have introduced coupons that can be exchanged for bitcoins. Local media reports that this initiative was launched by one of the local startups Rebiton striving to attract more people to the cryptocurrency market.

Bitcoin payments have become available at Narvesen stores and Lietuvos spauda kiosks. Representatives of the Rebiton startup noted that these networks are popular with the young people, which can explain the selection of these stores. In just over a month, it has been sold more than 1,000 coupons meaning that interest in cryptocurrency is rising in the country. 

The head of Narvesen, Lietuvos spauda and Caffeine Vigintas Bartaševičius said that bitcoin coupons are often bought by people under 30 years. At the same time, older citizens are interested in the methods of using cryptocurrency, but they decide to invest less often. The most popular coupon value is 0.02 bitcoin.

“We currently have a network of nearly 60 Narvesen stores, where we are constantly looking to expand our selection of products and services. We recently offered a cash withdrawal service to our busy city customers, and now we are starting to sell Bitcoin vouchers, both cash and card. Bitcoin coupon sales are geared to meet the needs of a younger audience,”  said Vigintas Bartaševičius.

Previously, such coupons were issued by Disney, IBM, American Airlines and Santander. The recently launched BAKKT cryptocurrency exchange also announced plans to start selling special cryptocurrency vouchers.

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