More Adoption for Ether as Cheapair Travel Service Approves Ethereum Payments

According to reports, Cheapair.com, a California based travel service, has reportedly added the number two digital asset by market capitalization to their list of payment options. The company believes this move will make traveling with them easier. Moving forward, Ethereum will now be listed as a means of payment for bookings on the platform.

Cheapair is reportedly one of only a few travel services that allow users to make payments for booking of flights and hotels with cryptocurrency. This move by Cheapair is yet another big win for Ethereum adoption as the digital asset continues to extend its position in terms of wider use cases.

Whether this recent development with Ethereum will have any effect on the price of the number two digital asset by market capitalization remains to be seen. Only time will reveal this. However, it is truly a positive development for the Blockchain network and its native token as well as the entire crypto space.

Ethereum (ETH) Price Today – ETH / USD

NamePrice24H %
ethereum
Ethereum(ETH)
$0.00-2.08%

Cheapair’s Reason for This Initiative is to Become Accessible to All

Cheapair.com has actually been in service since the year 1989. The company has stressed that it is their wish to become accessible by everyone. Hence, the reason why Cheapair has opted to place numerous payment options on their websites for users. Some of these payment options include credit card, crypto, and direct funds transfer.

The decision to add altcoins as another form of payment for a travel service is a clear indication of how people prefer making payments with altcoins like Dash, Litecoin, and Bitcoin Cash, to name a few. Studies have shown that these options are easier to use and they offer lesser transaction fees as well.

Ethereum is the 4th Crypto to Be Listed by Travel Service

Ethereum reportedly became the 4th crypto to be included as a mode of payment for a travel service after coins like Litecoin, Dash and Bitcoin Cash had been listed. To use the service, customers must install a supported wallet called MetaMask which will automatically let them make their payments with Ethereum.

The MetaMask wallet has been made as a plug-in in major browsers like Chrome, Firefox, Brave Browser and Opera. It is hoped that more tokens will be listed as crypto continues to grow its dominance in the payments sector.

Ethereum Price is currently 0.35% up in the Last 24 Hours

According to data given by CoinMarketCap, the price of Ethereum was trading at $213.59 as of when this content was published. The digital asset is up by 0.35% against the USD in the past 24 hours. CoinMarketCap lists Ethereum’s total market capitalization and 24 hour trade volume as $22,883,303,692 and $6,083,002,396 respectively. Ethereum also has a circulating supply of 107,137,705 ETH at press time.

In the last 90% days, the number two digital asset has had an uneven period just as is the case with other coins. However, it has improved in the last 24 hours. In the last three months, Ethereum had a high point of $361.40 and a low point of $159.70. In the last 30 days, the coin reached a high point of $318.22 and a low point of $193.99. In the last 24 hours, the price of Ether reached a high of $218.81 and low of $218.81. it is currently trading at $213.59 after recovering from a brief slide.

 

Princess Ogono is a writer, lawyer and fitness enthusiast. She believes cryptocurrencies are the future. When she's not writing, she spends time with her adorable cat, Ginger and works out often.

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