Acker Wines Now Accepts Bitcoin and Ethereum as a Form of Payment

6:29 pm, Mon, 26 April 21

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Acker, the oldest wine seller in America, is now accepting cryptocurrencies such as Bitcoin, Ethereum, Bitcoin Cash and even Dogecoin as a form of payment from its customers. The digital currencies can be used by the customers as a form of payment at Acker’s auctions and retail stores.

Acker Merrall & Condit Company, Inc. or simply known as Acker, is the oldest American wine seller that is located in New York. The company has decided to make use of the cryptocurrencies and to support some of the most popular ones such as Bitcoin and Ethereum. According to the announcement made by the company, the customers of the giant wine seller will now be able to purchase wine from Acker by using cryptocurrencies mentioned above.

The potential of digital currencies such as Bitcoin and Ethereum is being recognized more and more by organizations all over the world. This can be a suitable time for people interested in buying Bitcoin to use safe platforms such as Kraken.

Statement Issued by Acker

The potential and utility of digital currencies has been significantly enhanced due to the impact of COVID-19 pandemic on economies and international organizations. This is one of the major reasons why an organization such as Acker has been inclined to use cryptocurrencies.

John Kapon, Chairman of Acker, recently stated, “As the world becomes more and more digital, which was certainly accelerated by the pandemic, cryptocurrency will become more and more important in everyday lives.”

The Chairman further shared that the choice to move to digital currency was also made as some of the best wines sold by Acker are worth $1,000 and as per his prediction opting for payment with a digital currency was a “highly successful match”.

Therefore, Bitcoin is one of the cryptocurrencies people can use along with Dogecoin, Bitcoin Cash and Ethereum to purchase some of the finest wines from Acker.

Right Time for Acker to Incline Towards Cryptocurrency

Acker was established in 1820 and is now the largest rare and fine wine auction house in the world. However, similar to other organizations and companies all around the globe, Acker has also been affected by the COVID-19 pandemic, resulting in the closing of its stores. This directed the attention of the corporation towards online auction business, which quickly captivated numerous clients on an international level.

Therefore, the decision to move towards Bitcoin and other cryptocurrencies as a form of payment has been timely for Acker. As stated by John Kapon, a great number of potential and existing clients, looking for ways to spend their digital currency showed great interest in Acker. This what indicated the right time for Acker to step into the crypto world.

The corporation has benefited from the option offered to the clients of paying through cryptocurrencies as a number of Acker’s clients are influential and well-to-do and may choose to invest in the fine wines by using digital currency.

In short, Bitcoin has proven to be useful in a number of ways, one of which is to enjoy fine wine for the interested parties. People who have been considering Bitcoin trading or copy-trading can sign-up on ByBit or PrimeXBT Covesting and can board the crypto train today.