Investing.com - Financial Markets Worldwide
👀 Ones to watch: The MOST undervalued stocks to buy right nowSee Undervalued Stocks

TAG Heuer Takes First Web3 Step, Now Accepts SHIB, BTC, DOGE

Published 05/20/2022, 09:45 AM
Updated 05/20/2022, 10:00 AM
© Reuters TAG Heuer Takes First Web3 Step, Now Accepts SHIB, BTC, DOGE
BTC/USD
-

  • TAG Heuer announces its acceptance of crypto payments.
  • This is only available on TAG’s US e-commerce website.
  • Via a partnership with BitPay, it now supports SHIB, BTC, DOGE, and more.

TAG Heuer joins Gucci, Hubol, Franck Muller, and Norqain in the A-list brands incorporating blockchain technology in its operations. In a press release published on May 19, the Swiss luxury watchmaker rolled out its plans of accepting cryptocurrency as a means of payment via a partnership with BitPay.

According to Frédéric Arnault, the Chief Executive Officer of TAG Heuer, the team has been following crypto developments very closely ever since the start of Bitcoin. He also described the company as an ‘avant-garde watchmaker with an innovative spirit’ that would adopt a globally integrated technology that will transform the industry and beyond.

Moreover, users can shop for TAG Heuer watches online with a maximum purchase capped at $10,000 and no minimum spending requirement. As of now, shopping with crypto is exclusively available through its official website in the US.

Continue reading on CoinQuora

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.