• Porsche announces it will accept crypto payments.
  • Bitpay partnership now allows Porsche purchases with BTC, ETH, SHIB, and more.
  • Porsche Towson dealership in the USA is currently implementing this.

The luxury car company — Porsche, announces that it is now accepting crypto payments for Porsche car purchases. In particular, it is the Porsche Towson showroom in Towson, United States that has agreed to accept crypto payments. 

In detail, the Porsche dealer sells both new and pre-owned Porsche cars. To highlight, they are accepting crypto payments in the form of Bitcoin (BTC), Ethereum (ETH), Shiba Inu (SHIB), and more. 

This announcement also came to the Twitterverse by Watcher Guru. No doubt, this move is a big deal and shows how crypto payments are beginning to be seen as a norm.

Of course, this move is only possible thanks to Porsche’s partnership with Bitpay. It is after all this partnership and Bitpay’s integration that allows Porsche and crypto fans to come together to turn crypto holdings into a dazzling luxury Porsche. 

In fact, Bitpay also made this announcement on Twitter. Both Twitter posts saw a massive influx of responses from crypto supporters. Specifically, Bitpay’s post got a lot of attention from the Shib army alone. 

Meanwhile, Watcher Guru had a few responses asking if Dogecoin (DOGE) was one of the cryptos that Porsche is accepting. Overall, Porsche’s decision to partner with Bitpay to accept crypto payments seems to be getting a very enthusiastic reaction.     

Certainly, it seems cryptos are gaining more and more recognition all over the world. Blockworks sees this and addresses it in a Twitter post. Indeed, the crypto industry continues to grow and outdo itself. 

In turn, CoinGecko is now showing all green on cryptos. This is a welcome sight after around a week of red. Perhaps the bulls will keep this green steady and rising over the coming weeks. We will have to stay tuned. 

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Nicole D'souza Posted by

Lead Editor and Senior Journalist

Ensuring authentic and organic news stories in the realm of web3, blockchain, and cryptocurrency, Lauren exercises her focused and vigilant art of storytelling in the form of factual and prominent industry news. She is especially fascinated by the latest development in blockchain innovation and crypto regulations.