The Monaco branch of Yachtzoo has made an arrangement with a cryptocurrency service provider to be able to accept payments from clients using bitcoins.
BitPay will enable Yachtzoo clients to buy, sell or charter yachts using bitcoin and other cryptocurrencies.
Bitcoin Cash (BCH), Dogecoin (DOGE), Ethereum (ETH), Litecoin (LTC), Shiba Inu (SHIB) can all be used, plus others, Yachtzoo said.
BitPay charges a one percent transaction fee. According to the yachting press an increasing number of yacht companies are embracing cryptocurrencies.
FILE PHOTO: A woman explains how BitPay, a company designed to help companies use virtual currency, to an attendee during the “Inside Bitcoins: The Future of Virtual Currency Conference” in New York April 8, 2014. REUTERS/Lucas Jackson