[ad_1]
The company responsible for selling the most expensive Australian-made cars has made a huge change in the way it operates.
Some of Australia’s most expensive cars can now be purchased with various cryptocurrencies.
The Lloyd Auction House announced that it will accept Bitcoin, Ethereum and other popular cryptocurrencies as payments, ranging from toasters to thousands of items. Classic cars worth more than $1 million.
The company has been responsible for selling some of the most expensive cars in Australia.
Lloyd sold a rare HSV GTSR W1 Maloo powered by V8 -One of only four vehicles manufactured-681 kilometers at a price of more than $1 million, making it the most expensive Australian-made vehicle to date.
Buyers have the opportunity to buy another rare Holden 1977 Holden Torana A9X Go to the auction area. Lloyds believes that this car may exceed the $1 million mark.
The auction house will accept bitcoin as payment, and the seller will receive payment in Australian dollars.
Lee Hames, chief operating officer of Lloyds Auctions, said Australians quickly accepted the company’s offer.
“Within a few hours of providing cryptocurrency as a payment option, a custom caravan worth $100,000 was fully paid for in cryptocurrency. Since then, we have generated considerable interest in the upcoming auction of classic cars and earthmoving machinery. Interest,” Mr. Hames said.
The company stated that it will know the identity of bidders in order to create a transparent bidding process and comply with all relevant Australian laws.
The move to accept cryptocurrency is a risk for Lloyds Bank, because Bitcoin has been riding wildly. The currency reached a peak of more than 80,000 U.S. dollars in April this year, and then plummeted to the current price of just over 40,000 U.S. dollars.
Lloyds is not the first Australian company to accept cryptocurrency as payment for cars.
Australian used car company CarBuyers offers car owners the opportunity to pay in Bitcoin.
The company buys used cars at prices as low as US$2,000, which gives Australians the opportunity to gain a foothold in a growing market with lower risk than investment savings. The seller can choose the cash value or the same amount of bitcoins.
Earlier this year, US Tesla announced that it would accept Bitcoin as a payment method for its vehicles, but soon regressed on the grounds of the negative environmental impact of this cryptocurrency.
[ad_2]
Source link
