Dubai Hotel Signs Agreement with Binance to Accept Crypto Payments

According to the article, the gateway will be accessible via The Manor’s official website, with rigorous security measures in place to safeguard both customers’ and company owners’ rights.

Crypto payments are being accepted in an increasing number of markets.

In recent months, there has been an increase in the adoption of cryptocurrencies for items. EuroSports Global, a luxury and supercar distributor based in Singapore, began collecting digital assets for Lamborghini and Alfa Romeo vehicles in April. The company has collaborated with FomoPay to accept Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC).

Furthermore, BitPay has teamed with the AMC Theaters chain to allow customers to purchase tickets with Dogecoin (DOGE). Since August, the world’s largest cinema chain has accepted bitcoin and Ethereum payments through PayPal.

Some hotels are even adopting non-fungible tokens (NFTs) to prevent retaining superfluous inventory if a guest cancels their reservation at the end of the booking period.