AMC Theatres now accepts Dogecoin using Bitpay. This is big news for the Doge community as this is yet another step towards the widescale adoption of the cryptocurrency. We had AMC accepting Bitcoin for quite a while but now Dogecoin is also added to the list. One can purchase digital gift cards amounting to a max of $200 per day using Dogecoin. This is a big deal as the gift cards can be used to pay in a lot of places which means this addition is opening Dogecoin to a lot of other stores as well.
Huge news Dogecoin fans! As we work to accept online crypto payments, now you can buy @AMCTheatres digital gift cards (up to $200 per day) with Dogecoin and other cryptocurrency using a BitPay Wallet. Accepted on our web site, mobile app, and in theatres. https://t.co/hPubbeq4YG pic.twitter.com/dra7e23tc8
— Adam Aron (@CEOAdam) October 5, 2021
People are already stoked about this new addition of Dogecoin as a payment option. The price of the cryptocurrency is already up 13% on 5th October and this news is expected to be a good thing for Dogecoin. The community is also very happy and have been showing their happiness on Twitter in the replies to this announcement. One of them even wants to wear Dogecoin t-shirts to local theatres to celebrate this new achievement for Dogecoin. We can soon expect other companies to start Dogecoin, too, just because of its popularity and the demand of the community. And if that happens, the price of Doge will surely see a good pump.
Also, check out the top companies that accept Dogecoin as a form of payment.
The partnership with Bitpay
To make this possible AMC Theatres has partnered up with Bitpay. One can purchase these gift cards directly from them using Doge. For those who don’t know Bitpay was founded in 2011 and is one of the largest Bitcoin payment service providers. A lot of big companies have partnered up with them to accept crypto payments. Even the NBA team Dallas Mavericks has partnered up with Bitpay to accept Dogecoin for their tickets and online store.
Alongside Dogeocin this partnership has also allowed AMC Theatres to accept other cryptocurrencies like Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. So, we can clearly see they have moved the route of accepting crypto for payments and I don’t think there is any going back. With time we can only expect the support for more coins and tokens as demand and usage rise.
What are your thoughts as AMC Theatres now accepts Dogecoin? And do you think this will be a game-changer for Dogecoin? Let us know in the comments below. Also, if you found our content informative, do like and share it with your friends.
Also Read: Dogecoin jumped 13% in a day; Here’s why?