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Travel the world with Bitcoin.

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travelling the world with bitcoin

How to travel to unsung destinations with Bitcoin?

  • Bitcoins for travelling

As the cryptocurrencies are globalized in nature, using them for all the transactions as well as bookings on the travel would make the process even more hassle-free. Many of the small merchants around the world have incorporated Bitcoin into their payment methods for the convenience of its customers. This has opened up gates of opportunities for the Crypto lovers to use cryptocurrencies during travelling.

All the world tour starts from travelling to a particular destination hence let’s list out the travelling agencies accepting Bitcoins as their payment methods.

 

1. Cheapair.com

Since 2013 the travel agency accepts Bitcoin for all the payments. It is one of the first of its kind in The United States to accept Bitcoins. The agency specializes in bookings for Airlines, hotels, as well as restaurants. Its integration with the cryptocurrency exchange Coinbase makes the process even more convenient for the users. The company has already processed $15 million worth of Bitcoin payments.

2. Destinia.com

The Spanish based travelling agency is most popular for its integration with Bitcoin in its payment methods.  The users have a provision to book flights, hotels, and rent cars. It is worth noting, that apart from Bitcoin, the agency also accepts Bitcoin Cash. Operating from Venezuela, and facing the problems with the country’s Fiat currency, it accepts only Bitcoins in the country. This is one of the best instances where Crypto seems to be reliable than the Fiat.

 

3. Expedia

The world-famous travelling agency also accepts Bitcoin for all of its Hotel bookings. The agency is also well known for no cancellation fees on all its bookings.

 

4. Hotelgo 24

The Hotel booking website lists all the hotels that are willing to accept Bitcoin. No registration is required on the website for using the traditional MasterCard, but in order to use Bitcoin the user must provide is bitcoin wallet address along with some information. A value-added service allows for Bitcoin Cashback after 60 days of the checkout. the amount of cash back depends on the type of booking done along with a number of other factors.

 

Others  

Apart from all of the above-mentioned travelling agencies, there are flight booking Agencies like BTCTrip and ABitSky which solely operate on Bitcoin payments. BTCTrip also supports Litecoin and Dogecoin along with Bitcoin

 

  • Consolidation

Sometimes a Traveller might visit a place which is not that commercialized to accept Bitcoins. In such cases, localbitcoins.com might prove to be handy where the users can find out people who are willing to buy or sell Bitcoins personally without the intervention of any cryptocurrency exchange.  Keeping a mobile wallet during travelling is also highly preferred as one might require instant Bitcoin transactions to be done. While travelling, the users can require a huge amount of Bitcoin and store them on the online mobile wallet doesn’t seem to be secure enough, hence one can opt for a Hardware wallet like Ledger Wallet. In case if you lose your hardware wallet then a 12-word phrase written with an indelible ink, is available physically, which can be used to procure the master private keys.

 

  • Blissfulness of travelling

Mother nature is very giving, and it is this willingness to give, that it provides a different sense of calmness in itself. So if you are feeling that things are not under your control, instead of giving up, in whatever you are trying to achieve, take a break from a tiresome routine and make time to travel.

#Investment

Serena Williams: Olympic star invests in Coinbase

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Serena Williams posted about the launch of her own venture firm called Serena Ventures. The firm has invested in more than 30 companies including Coinbase.

Four-time gold medalist, Olympic star and one of the most famous tennis player, Serena Williams recently posted on Instagram about the launch of her own venture firm called Serena Ventures. She also revealed that the firm has invested in more than thirty companies that include the Coinbase.

 

 

Serena Williams: Serena Ventures

The website of the venture firm reveals that the market capitalization of the list of financial assets held by the firm amounts to more than $12 billion and the diversity of the owners of the different firms that Serena Ventures has invested is around 60 percent. Serena Ventures especially focuses on companies that are still in the early stage and persuades partnership between the portfolio firms.

 

Serena Williams is a four-time gold medalist at the world Olympics and is ranked no.1 in singles according to the Women Tennis Association. The net worth of the Olympic star amounts to more than $180 million according to TheStreet.

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#Exchange

5th Largest Korean Cryptocurrency Exchange: Coinnest Shuts Down

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Coinnest which is one of the largest cryptocurrency exchanges in Korea made an announcement that it is going to shut down its operations in the midst of some financial, admin and legal problems.

 

Coinnest Shuts Down:

According to a recent publication by Coinnest, bitcoin exchange, the exchanges is shutting down its operations. Coinnest had earlier closed down its new account creation services on 16th April 2019.

 

According to the exchange, it is going to terminate the trading and deposit features at the end of this month. However, the users shall be able to withdraw their cryptocurrencies from the exchange until 30th June 2019.

 

coinnest-screenshot

website screenshot

 

Following the decision to shut down its operations, the exchange has made an announcement regarding the decrease of the minimum withdrawal amount as well the withdrawal fees. Coinnest warned the users that no user shall be able to withdraw their funds after 30th June 2019.

 

Last year, the CEO of the exchange, Kim Ik-hwan was arrested by the South Korean police for fraud and theft. Since then, the exchange had been facing a bad time. The CEO was found guilty by the court and was sentenced to prison along with a fine of $2.5 million.

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#Bitcoin Price Analysis

BTC to USD: Bitcoin Price Analysis, BTC going to rise?

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Bitcoin price is supported strongly around $5200. BTC is currently in a bullish momentum with the next aim of $5400 and $5500.

Technical Indicators:

Support Levels: $5200, $5150

Resistance Levels: $5350, $5400, $5500

 

Key Points:

  • Bitcoin price is currently trading well above $5200 support level.
  • BTC is gaining momentum and trying to move over the $5350 resistance zone.
  • A bullish pattern is being formed with support around $5200 on the hourly chart.
  • Bitcoin price is currently in a bullish momentum and might move towards $5400 and $5500 resistance levels soon.

 

Bitcoin Price Analysis:

Summary: Bitcoin price is supported strongly around $5200. BTC is currently in a bullish momentum with the next aim of $5400 and $5500.

 

This week, bitcoin price maintained a slow bullish pace after rising over $5100 level. BTC was able to maintain its position above $5100 and $5200 support levels after breaking through the major resistance around $5200. BTC was able to close over the 100 hourly SMA. After falling up to $5190, bitcoin price was able to recover sharply to over $5300.

 

Bitcoin price spiked up to $5365 before correcting downwards. The support around $5250 proved strong enough to stop further declines and BTC was able to maintain its position above the 100 hourly SMA. Also, a bullish pattern is being formed with support around $5200 on the hourly chart.

 

BTC will most probably experience some dips, however, it remains strong support around $5200. The current target for bitcoin is $5350 above which it might test $5400 and $5500 resistance levels.

 

BTCUSD Price Chart 20 April

BTCUSD Price Chart 20 April

 

The chart shows that bitcoin price is currently trading with a bullish force above the $5200 support level. Until BTC remains above this support, there are high chances of BTC testing the $5400 and $5500 resistance levels. However, if the support level is broken, Bitcoin might fall down to $5150 and $5100 supports.

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