Now you can change your car tires with bitcoin in Argentina

Key facts

:

  • La Esquina del Neumático has 11 branches and an online store. All of them accept bitcoin.

  • The automotive and real estate sectors are the most advanced in the adoption of cryptocurrencies in the country.

Starting Wednesday, September 8, customers of the La Esquina del Neumático chain can pay for their purchases in cryptocurrencies. This measure is part of a campaign of the company called “Pay as you want” and will include both bitcoin (BTC) and other 350 cryptocurrencies.

According to the company’s official statement

, the new payment method will be available in the 11 branches it has in the city of Buenos Aires and other locations in the province of the same name. It will also be possible to pay with this method in its online store.

Transactions with bitcoin or any other cryptocurrency will be made through the Binance exchange. The goods and services traded will be priced in pesos and then the conversion will be made to the value of the corresponding cryptocurrency. Finally, once the transaction is confirmed, “it will be executed as a traditional purchase or sale,” the letter states.

La Esquina del Neumático also sells accessories and tires, in addition to providing various general services for vehicles such as lubrication, alignment and balancing, among others. By adopting cryptocurrencies as a means of payment, the firm seeks to “provide excellent service, innovate and be at the forefront”.

venta-neumaticos-criptomonedas-argentina On its website, La Esquina del Neumático promotes its adoption of cryptocurrencies as a form of payment. Source: La Esquina del Neumático. Source: laesquinadel neumático.com.ar

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Created in 1995, the company has branches in Warnes, Saavedra, San Isidro, Martínez, Olivos, Vicente López, Palermo, La Lucila, Nordelta, Castelar and Ramos Mejía

.

Growing adoption of bitcoin as a means of payment in Argentina

Just like La Esquina del Neumático, other merchants are leaning into the adoption of cryptocurrencies in Argentina. For example, car dealership Grupo Dietrich recently made its first sale

of a 0 kilometer car partially paid for with bitcoin.

The possibilities extend even to other goods. Without going any further, the e-commerce platform Mercado Libre has allocated a space on its website to real estate that can be paid for with cryptocurrencies, and also the portal

Cryptoavisos offers this alternative, as reported by CryptoNews.