⌛ Did you miss ProPicks’ 13% gains in May? Subscribe now & catch June’s top AI-picked stocks early.Unlock Stocks

Swiss Luxury Watchmaker Breitling Adds Crypto for Online Purchases

Published 06/29/2022, 06:11 AM
Updated 06/29/2022, 07:00 AM
Swiss Luxury Watchmaker Breitling Adds Crypto for Online Purchases
ADDYY
-
PRDSY
-
LTC/USD
-
BTC/USD
-
ETH/USD
-
USDC/USD
-
DOGE/USD
-

Founded back in 1884, Swiss luxury watch brand Breitling has teamed up with BitPay to offer cryptocurrencies as a form of online payment. The top cryptos made available by the deal are Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and Litecoin (LTC), along with five stablecoins including Binance (BUSD) and USD Coin (USDC).

Breitling Offers Complimentary NFTs

The Swiss watchmaker has included crypto in its ventures before, having recently announcing the ‘Breitling blockchain’ project. To celebrate its launch, the company released a digital passport NFT with features including traceability, tradability, and the ‘Breitling Trade’ platform. To get one of these exclusive NFTs, watch owners simply need to scan the QR code on their warranty cards and press “Get My Breitling NFT” on the resulting registration page that pops up.

On the Breitling website, the ‘Top Triumph’ watch costs $6,380, which would be to equal 0.32 Bitcoin (BTC) or 5.64 Ethereum (ETH) at today’s prices. The cheapest product available on Breitling’s eshop is the ‘Endurance Pro Ironman’, which will run you $4,060—roughly 3.59 Ethereum (ETH), or 62224.86 Dogecoin (DOGE). Moreover, the digital passport gives members “priority access to events”, and a place to store all their NFT collection. A glimpse of the ‘Navitimer Cosmonaute’ launch event from last week suggests that Breitling has adopted a rather futuristic vibe for the project.

Watchmakers Say It’s Time for Crypto

Another well-known Swiss luxury watchmaker, Tag Heuer, integrated BitPay into their U.S. website just one month ago. Tag Heuer has also announced further plans to enter Web 3.0 and drop a fashion NFT collection.

Furthermore, during Paris NFT day on April 12th teased the imminent introduction of yet more fashion brands such as Adidas (OTC:ADDYY), Lacoste, and Prada (OTC:PRDSY), who are reportedly getting ready to dive into Web 3.0 with unique NFT collections and metaverse experiences. Indeed, it is becoming increasingly apparent that collaborative integrations of blockchain technology into the fashion world are on the rise.

Continue reading on DailyCoin

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.