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It is now possible to buy phones and technology items with Bitcoin (BTC) and other cryptocurrencies at one of the most popular companies in Spain. The telecommunications company Telefónica this week closed a 30-million-euro agreement with the Spanish exchange Bit2Me, whereby users will be allowed to purchase products by paying with these digital assets.
This was confirmed by the stock exchange in a statement published on Friday, September 30, wherein Highlight that their services are now enabled at Tu.coma market developed by Telefónica.
Telefónica has partnered with Bit2Me Commerce, an exchange payment gateway designed for businesses and commercial buildings. Through this mechanism, users will be able to cancel their products using bitcoin and other crypto assets.
At the moment, purchases are allowed at Tu.com powered by Bit2Me Are those in the range between 2oo and 500 euros, Straight. There is no indication that this range will go up, but it could, as long as the project stays on the right track.
Since then, Chema Alonso, head of the digital unit at Telefónica, said that this company will not protect users’ cryptocurrency since then. The portal itself will be responsible for converting these assets into euros. This was reported by the local media ElDiario.es.
CriptoNoticias found that the Bit2Me payment gateway is enabled on Tu.com. Among the payment options, the logo of the crypto company stands out. It is worth noting that in addition to BTC and Ether (ETH, the cryptocurrency of Ethereum), it is possible to pay with others, such as Litecoin (LTC), bitcoin cash (BCH), ripple (XRP), tron (TRX) and stablecoins (in Issued by TRC20) and the United States Dollar (USDC).
Due to the establishment of the platform itself, commissions for buying cryptocurrency at Tu.com vary depending on how they are canceled. If it’s for the same shops, the rate is 1%. however, If the plan is to convert it into euros (as agreed between the two companies), the commission is 0.95%.
More Telefónica Investments in the Crypto Ecosystem
Added to link to Bit2Me, Telefónica announces its investment in Helium, a company focused on building networks for devices that work with the Internet of Things. Through these devices, you can mine the company’s cryptocurrency (HNT) and you are paid accordingly.
At the same time, aware of the company’s purchase specialized in the metaverse, called Imascono. This company is behind the creation of the set of non-fungible tokens (NFT, in English) referred to in the Fiestas del Pilar, which is celebrated every year in the province of Zaragoza, according to CriptoNoticias.
The total purchase of Imascono takes place after that company and Telefónica already have a relationship to develop other projects. Estimated that Metaverseal Corporation Support the company behind Movistar with human talent and corporate clients.
Telefónica has already peeked into the metaverse
This isn’t the first time Telefónica has established a relationship with the metaverse. In the same year he introduced an approach to this digital universe, from the hand of Facebook (now Meta).
As reported by CriptoNoticias, both organizations have come together to launch Open2metaver, a main center (center) is dedicated to innovation, which will be Serving companies that focus on new ways of social networking.