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Leading Mexican Retailer Grupo Elektra Accepts Bitcoin – Featured Bitcoin News

by Crypto News
December 18, 2021
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Leading Mexican Retailer Grupo Elektra Accepts Bitcoin – Featured Bitcoin News
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Leading Mexican Retailer Grupo Elektra Accepts Bitcoin

Mexico’s Grupo Elektra, a number one retailer in Latin America, is accepting bitcoin for funds. The chain belongs to conglomerate Grupo Salinas, which is owned by Mexico’s third-richest billionaire, the pro-bitcoin Ricardo Salinas Pliego.

Ricardo Salinas Pliego’s Retail Chain, Grupo Elektra, Now Accepts Bitcoin

Elektra is a grocery store and banking chain belonging to conglomerate Grupo Salinas, which is owned by Mexico’s third-richest billionaire, Ricardo Salinas Pliego. Salinas tweeted Thursday:

The rumors are true. Elektra is the primary (retail) retailer in Mexico that means that you can purchase with bitcoin. I’m very sorry to beat the competitors once more.

As well as, the retail chain is providing a 20% low cost on some purchases made with bitcoin, the billionaire confirmed on Twitter. The low cost supply is barely out there till Dec. 31.

A banner promoting bitcoin acceptance and a reduction on the Elektra web site. Supply: Elektra.

Clients can use bitcoin to buy in Elektra bodily shops in addition to on-line, its web site particulars, including that BTC purchases can be processed by U.S.-based crypto cost service supplier Bitpay.

Salinas is a longtime bitcoin proponent. He mentioned in June, “I recommend using bitcoin,” including that he and his financial institution “are working to be the primary financial institution in Mexico to simply accept bitcoin.” His financial institution, Banco Azteca, operates in Mexico, Panama, Guatemala, Honduras, and Peru. It additionally has a presence in El Salvador, the nation that made bitcoin authorized tender alongside the U.S. greenback in September. The billionaire reiterated in November, “Purchase bitcoin proper now.”

In the meantime, Financial institution of Mexico Governor Alejandro Diaz de Leon has warned in opposition to bitcoin, emphasizing that the cryptocurrency is a high-risk funding and poor retailer of worth on account of its volatility.

What do you consider Grupo Elektra accepting bitcoin? Tell us within the feedback part under.

Kevin Helms

A scholar of Austrian Economics, Kevin discovered Bitcoin in 2011 and has been an evangelist ever since. His pursuits lie in Bitcoin safety, open-source programs, community results and the intersection between economics and cryptography.




Picture Credit: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This text is for informational functions solely. It’s not a direct supply or solicitation of a suggestion to purchase or promote, or a advice or endorsement of any merchandise, companies, or corporations. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the writer is accountable, immediately or not directly, for any injury or loss induced or alleged to be attributable to or in reference to using or reliance on any content material, items or companies talked about on this article.

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