Hodl or spend? Retailers offer Black Friday deals for those paying with cryptocurrency
Merrick Theobald, vice president of marketing for BitPay, told Cointelegraph that often times when the price of Bitcoin increases, there is also an increase in payment transactions: According to Theobald, a number of BitPay merchants are offering special Bitcoin deals for Black Friday, catering to shoppers who prefer to pay in crypto. In addition to Black Friday deals from BitPay merchants, Lolli – an online Bitcoin rewards platform – is offering users additional Bitcoin back for purchases made on Black Friday.
Alex Adelman, chief executive officer of Lolli, told Cointelegraph that for Black Friday several of Lolli’s retailers have increased their rewards rates. It’s also notable to mention that the fast food restaurant chain Church’s Chicken Venezuela offered a Black Friday deal for customers paying in the digital currency Dash.
