Xiaomi officially accepts Bitcoin, Ethereum and other cryptocurrencies in Portugal

While Amazon lately flatly denied rumors of accepting cryptocurrency funds, Xiaomi took the chance.

Mi Store Portugal, the official retailer for the Chinese tech big, lately notification settle for funds in cryptocurrencies. Users can now purchase Xiaomi smartphones, vacuum cleaners, smartwatches, electrical scooters and other gadgets with Bitcoin, Ethereum, Tether and Dash.

Mi Store Portugal

To additional assist digital belongings, Xiaomi has teamed up with Swiss crypto fee service supplier Utrust, and its utility token Utrust (UTK) can be accepted by Mi Store Portugal. .

Pedro Maia, Marketing Manager at Mi Store Portugal, says that Xiaomi, which lately overtook Apple in the smartphone market, is attempting to dwell as much as its motto “Innovation for all” when switching to cryptocurrencies:

“We are a technological, revolutionary and disruptive model. That’s why we at all times need to be one step forward. We need to give all actual tech followers the chance to purchase their favourite devices with the ‘finest tech cash’. “

Known as probably the most crypto-friendly nation in Europe resulting from its tax coverage, it comes as no shock that Portugal has been chosen by Xiaomi as a take a look at location for crypto funds.

Samsung, the chief in the smartphone market, launched a blockchain pockets in early 2019, however its retail shops usually are not but accepting cryptocurrencies.

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According to U.Today

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