It’s no secret that cryptocurrency has been on the up and up for the past few years. Well, you can now use it to purchase yourself a Soriano Motori motorcycle. Soriano Motori, an Italian motorcycle manufacturer is the first global manufacturer to accept cryptocurrency as payment.
Soriano Motori will accept a range of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), LiteCash, BTC Cash, or LiteCoin (LTC), all of which can be used to purchase any of the brand’s latest motorcycles.
The founder of the unique brand, Marco Soriano, happens to be an experienced investor in cryptocurrencies. Per Visordown.com, when M. Soriano spoke about the news he said:
“All our clients will be able to benefit from the great advantages that cryptocurrencies offer. Thanks to digital currencies such as Bitcoin, we can carry out international transactions without commissions or without attending to exchange rate fluctuations, among others,”.
Soriano Motori is not the first to accept cryptocurrencies for vehicles, the company will be joining automotive giants like Tesla and BMW. Following such established companies can reassure this is a step in the right direction. Soriano Motori’s website and eCommerce store have the Coinbase trading platform integrated in addition to an advanced blockchain system to ensure the security of purchases.
Soriano Motor’s three electric motorcycle models’ prices range from about $30,000 to $40,000 each. This means, for a little over 1 Bitcoin (in today’s exchange rate), you can purchase yourself a brand new EV motorcycle. Not a bad deal if you were able to pick up a few Bitcoin 2 years ago for around $4000 each.