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Luxury watch Breitling: Swiss manufacturer of luxury watches relies on Bitcoin

 


Who does not know the world-famous watch manufacturer Breitling from French-speaking Switzerland! The supplier of luxury watches is now also one of the members in the watchmaker sector in the luxury segment, which accepts cryptocurrencies such as Bitcoin and Co. as a means of payment. This news gives the crypto industry a further boost. With this important step, which is not Breitling's first in the crypto industry, the company shows its firm belief in the crypto industry.

The great development was announced on Twitter. The Swiss company has entered into deep cooperation with BitPay, a modern payment processor. This gives the watch manufacturer's customers the opportunity to pay for the great watches with Swiss precision using cryptocurrencies.


At Breitling, this information was also published on their own website. Accordingly, it is now possible to pay for the timely watches with the following cryptocurrencies: Bitcoin (BTC), Bitcoin Cash (BCH), Dogecoin (DOGE), Ethereum (ETH), Litecoin (LTC), Wrapped Bitcoin (WBTC) and five stablecoins. The watch manufacturer thus offers all customers a wide range of options and the cryptocurrencies have another well-known company that accepts payments directly.

Breitling is a stable player in the watch market that has been active for a long time. The company has been in the clock manufacturing and clock sales segment since 1884. The company, which operates around the globe, offers high-priced watches for women and men. Prices range from $3,000 to more than $50,000.


Breitling's experience with cryptocurrencies goes even further into the past. As early as 2020, the modern and at the same time traditional company recognized that blockchain technology provides great added value. To ensure that the watches are not counterfeit, Breitling has issued NFTs, which can prove that the watch is a genuine Breitling watch.


Breitling is not the only provider in the luxury watch manufacturer segment who has recognized that payments in cryptocurrencies offer many advantages. Recently, TAG Heuer also announced that it would accept cryptocurrency payments.

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