Crypto Pros - Cryptocurrency News & Information: retailers

NBA's Sacramento Kings To Accept Bitcoin

The NBA's Sacramento Kings announced today in a press release that they will be accepting Bitcoin as payment for both tickets and licensed merchandise.

This makes the Kings the first major league sports team of any sort to accept Bitcoin.

The Kings will be accepting Bitcoin through BitPay which touts over 20,000 clients accepting Bitcoins through their system.

Tony Gallippi, co-founder and CEO of BitPay was quoted in the press release as saying “We make it easy for businesses like the Sacramento Kings to accept bitcoin as a form of payment both in-person and online”. He continued “As the first professional sports team to accept bitcoin, the Sacramento Kings continue to show that they are at the intersection of sports and technology.”

All of us at Crypto Pros applaud the Kings and their new owner Vivek Ranadivé for their pioneering move and we hope for, and look forward to, other teams following suite soon.

Want to use Bitcoin at Amazon? Target? CVS? Whole Foods? HERE IS HOW!

One of the questions we hear all the time is where can I use Bitcoin to buy actual things?

We posted earlier (viewable here) that Overstock.com is now accepting Bitcoin directly, and there has been quite a bit of buzz in the crypto currency community about this, and rightly so. There are other options, and one that is convenient and offers a wide variety of options is Gyft, the mobile gift card company.

Gyft accepts Bitcoin as payment for gift cards redeemable at retailers and restaurants that range from Victoria Secret, to Amazon to Burger King with over 200 options in between!

You can purchase the gift card of your choice through their website or their Android app, and you can utilize either their Android and OS platform app at the retailer of your choice.

They even offer a loyalty points system that racks up triple points on Bitcoin purchases as compared to single point rewards for credit card and PayPal purchases.

The wide variety of retailers, the loyalty program, and the simple interface makes Gyft a convenient way for you spend some of your trading and mining profits!

Check them out at www.gyft.com