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XRP, Litecoin, Bitcoin and Other Cryptocurrencies to Be Accepted at Britain's First Crypto Cafe

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Fri, 14/01/2022 - 15:48
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XRP, Litecoin, Bitcoin and Other Cryptocurrencies to Be Accepted at Britain's First Crypto Cafe
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Chai Ada, a newly opened coffee shop in West London, is on track to accept seven cryptocurrencies, The Sun reports.

The list of accepted coins will include Bitcoin, Ethereum, XRP, Litecoin Horizen and other options.

Tayyab Shafiq, the café's owner, says that he wants to offer more cryptocurrencies due to scaling issued by the two largest players:      

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Both Bitcoin and Ethereum have the highest market capital but they also have high gas fees, so we wanted to make sure that customers get the best for their money.

He believes that cryptocurrencies and the Metaverse hold a lot of promise, predicting that they will become mainstream in the future.

Shafiq said that his business, which is billed as Britain's first cryptocurrency café, will help drive crypto adoption forward.

The café has also dabbled in non-fungible tokens, offering customers a lifetime discount for purchasing its NFT on the Rarible marketplace.

Related
The food service industry is actively trying to capitalize on the rapid growth of cryptocurrencies. As reported by U.Today, a cryptocurrency-themed restaurant, which offers its customers "Dogedogs" and "blockchain" sandwiches, was launched in Florida last month.

A Paris-based bistro started accepting meme cryptocurrency Shiba Inu in late October when the meme coin mania was at a fever pitch.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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