Altcoin News: Second NBA Club Starts Accepting Bitcoins for Tickets

August 14, 2019, by Marko Vidrih on ALTCOIN MAGAZINE

Dallas Mavericks became the second NBA club to start accepting Bitcoins for paying for tickets. It was reported by the BitPay processing service, the solution of which will be used by the basketball club.

At the beginning of last year, the owner of the club, Mark Cuban, hinted that fans might have the opportunity to use cryptocurrencies for settlements.

Mark Cuban previously invested in a cryptocurrency hedge fund and ICO. Recently, the billionaire said that Facebook’s Libra project could be a dangerous enterprise, and compared to Bitcoin and gold.

The first NBA club to start working with Bitcoin was Sacramento Kings — they did it back in 2014, also with the support of BitPay.

Recently it became known that BitPay introduces mandatory user verification when making certain types of cryptocurrency payments, including outgoing transactions over $3,000.

Author: Marko Vidrih