SL Benfica Offers Cryptocurrency Payment Option for Online Store

Main Portuguese sports activities membership SL Benfica now accepts cryptocurrency for merchandise and tickets, Verdict reviews on June 6.

In line with the report, SL Benfica partnered with cryptocurrency service Utrust to supply the brand new funds choice. Followers and clients can now purchase tickets any merchandise on the membership’s web site with Utrust’s native token (UTK), or with high cryptocurrencies bitcoin (BTC) and ether (ETH).

Utrust purportedly helps on the spot crypto-to-fiat conversions, permitting SL Benfica to primarily pocket its income instantly in money. The press launch explains that this enables the membership to keep away from points across the volatility of cryptocurrencies, whereas nonetheless making use of blockchain expertise for conducting safe transactions.

SL Benfica reportedly has round 7 million followers energetic on social media, and round double that quantity of whole followers worldwide. Benfica says it’s aiming to additional develop its fanbase with its new crypto funds choice, hyping up the brand new cost to followers as being the most affordable, most secure, and quickest choice for on-line transactions.

SL Benfica CEO Domingos Soares de Oliveira commented on its vital digital fanbase, saying:

“We recognise that lots of our supporters at the moment are digital customers first, so we need to be forward of the curve in relation to adopting novel applied sciences and giving our supporters one of the best on-line expertise.”

As beforehand reported by Cointelegraph, English Premier League soccer staff West Ham United has partnered with the blockchain platform Socios.com to create a “fan token ecosystem.” The fan tokens can be used to encourage spectator engagement through token-based polls, rewards and video games, and merch accessible on the Socios platform.

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