Crypto

Used Tesla Cars Can Be Bought with Dogecoin & Other Cryptocurrencies, Thanks to Bots Inc.

Used Tesla Cars Can Be Bought with Dogecoin & Other Cryptocurrencies, Thanks to Bots Inc.

Image: Cryptoast

Global blockchain technology company BOTS, Inc. announced today that it has begun allowing local car dealerships to accept cryptocurrencies such as Dogecoin to purchase used Tesla vehicles. BOTS became one of the first publicly traded companies to accept Dogecoin as payment for their products and services.

BOTS, Inc. is an international information technology company focusing on Fintech, Blockchain l, and cryptocurrency. It creates golden opportunities for businesses to capitalize on new, unexplored markets using cryptocurrency and technology solutions on Blockchain platforms. On August 16, the company announced that it has begun allowing local car dealerships to accept cryptocurrencies such as Dogecoin for used Tesla vehicles.

As cryptocurrencies gained in popularity, car dealers and manufacturers saw this as an opportunity to attract new customers. BOTS will be offering Dogecoin merchant processing services to Pre-owned Tesla dealers and individuals first. Since the demand for the company's cars is very high, some customers would rather buy a used Tesla than wait several weeks for a new one to be delivered. Therefore, the dealer customer base continues to grow steadily.

This step may be qquite to the liking of Tesla CEO Elon Musk, who has repeatedly expressed support for Dogecoin. In early May, he even conducted a poll on Twitter suggesting this cryptocurrency as a possible means of payment when buying Tesla cars. 78.2% of almost four million respondents voted "For."

© 2021, Eva Fox. All rights reserved.

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Article edited by @SmokeyShorts, you can follow him on Twitter

About the Author

Eva Fox

Eva Fox

Eva Fox joined Tesmanian in 2019 to cover breaking news as an automotive journalist. The main topics that she covers are clean energy and electric vehicles. As a journalist, Eva is specialized in Tesla and topics related to the work and development of the company.

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