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Now you can buy a private plane for Binance Currency (BNB)

Now you can buy a private plane for Binance Currency (BNB)

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Answer Now you can buy a private plane for Binance Currency (BNB)

Although many critics do not agree with the short-term prospects of digital assets, the push towards adoption is an endeavor that investors, insiders, and leaders alike can easily acquire.

That’s why so many people reacted when Changpeng Zhao, CEO of Binance, revealed that Binance Coin (BNB) could be used to buy a plane.

Binance CEO: “Use the platform’s currency (BNB) to buy planes”

On Thursday, Iron, a startup with ambitions to “saving people’s lives” through blockchain technologies, revealed that one of its projects, the Pilot Shop, has listed an aircraft for sale. Interestingly, while the plane, a carefully preserved Columbia 350 from 2007, was listed for €268,000, the Pilot Shop revealed that Iron will accept Binance token (BNB).

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Prospective buyers will need to pay more than 31,603 BNB or 446,666 ARN tokens to purchase the aircraft, which is currently based in Austria.

Zhao, who once explained that he would “personally include projects that integrate the platform currency (BNB) into its ecosystem,” took to Twitter to convey the evolution of his tweet highlighting this intriguing and unexpected case of adoption.

The announcement comes just days after Tokyo-based Hinomaru Limousine, in collaboration with Remixpoint, released a plan to integrate Bitcoin, Bitcoin Cash and Ethereum into its transfer services. According to Bloomberg news and insider sources, Hinomaru will likely enable trial batches of limousine rides between Tokyo’s 23 wings and either Haneda or Narita, two of the most popular airports in the region.

Hublot, a globally recognized Swiss brand of watchmaking, also revealed limited support for cryptocurrency payments, with the launch of its exclusive “BIG BANG BIG”, a Bitcoin-inspired watch designed to celebrate the 10th anniversary of the digital currency.

So far, wealthy crypto enthusiasts will be able to buy precious watches, ride limousines, and own personal planes through the ecosystem of decentralized digital assets. And don’t forget the Niederhofer Mansion in New York, which the hedge fund manager recently listed on the open market for $15.9 million, or the equivalent in Bitcoin.

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Binance Coin (BNB) Payments Gain

It is important to note that the unnamed aircraft owner was not alone in his move to accept BNB, as a growing number of outlets have revealed that they will back Binance’s native digital assets as a viable payment and interest method.

For example, Crypto.com shipped the first batch of Monaco Visa cards to consumers in Singapore. The program, which was expected by more than 100,000 crypto investors, allows users to buy real items in exchange for Bitcoin, Ethereum, Litecoin, Monaco and BNB.

Monaco, which also offers cashback rewards, travel benefits, free ATM withdrawals, and a push-to-pay function, somehow comes at a staggering $0, which is probably a price point consumers are coveting. Ultimately, the current price point will only boost the adoption of crypto assets and blockchain technology.

Binance Coin BNB

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Other notable platforms that accept or use Binance Coin (BNB) include PundiX, Kyber Network, Coinbates, Nexo and of course the Binance platform itself.

Binance, who released an interesting message attached to this adoption list (mentioned above), noted that “new use cases for BNB are popping up every day.” This is interesting, highlighting the continued steps of this emerging industry towards maturity, even despite the poor performance in the crypto market in 2018.


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