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Home News Cryptocurrencies Altcoins

Porsche Dealership To Accept $DOGE And $SHIB Payments

by The Distributed Team
April 21, 2022 - Updated on April 11, 2023
in Altcoins, Business
Porsche Towson Dealership

Porsche Towson Dealership To Start Accepting Various Cryprocurrencies As Payment (Source: Porsche Towson)

Porsche Towson a dealership out of Baltimore, Maryland now accepts payments for vehicles in Bitcoin, Dogecoin, and Shiba Inu among others. The service was confirmed by the crypto payment provider BitPay.

  • BitPay provides various businesses with the opportunity to accept crypto payments through their own API. In December 2021, BitPay added $SHIB to their list of accepted cryptocurrencies.
  • BitPay currently supports various cryptocurrencies such as; Bitcoin ($BTC), Ethereum ($ETH), Dogecoin ($DOGE), Shiba Inu ($SHIB), and 5 USD-pegged stablecoins. BitPay processed a total of 76,583 transactions in March with Bitcoin making up more than half of these.
  • Porsche Towson listed a Brand New 2022 Porsche Cayenne SUV on their website for US$95,880. In $DOGE this is 677,765, $SHIB is 3,800,237,812, and in $BTC this is 2.25.
  • Back in 2013, a Texas family made headlines after selling their 2007 Porsche Cayman S for 300 Bitcoins, around $39,000 at the time. This move is currently worth US$12,788,580.

Turn your #crypto into precious metal at Porsche Towson. Now accepting Crypto as payment for vehicle purchases. Learn more: https://t.co/g5eD13Y7tS#Porsche #crypto #bitcoin #doge #shib pic.twitter.com/Yj3yO3iIyK

— BitPay (@BitPay) April 19, 2022

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling, or holding of cryptocurrencies and digital assets. 

Tags: BitcoinBitPayCrypto PaymentCryptocurrenciesDogecoinEthereumFast FactsShiba Inu

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