en
Back to the list

Popular Nightclub E11even Miami Reveals Cryptocurrency Payment Acceptance

source-logo  news.bitcoin.com 14 April 2021 12:30, UTC

While crypto assets have seen monumental gains this week, the popular nightclub in Florida, E11even Miami will accept bitcoin and a slew of other digital assets for merchandise, beverages, and tables. Following the pandemic, E11even Miami will be reopening on April 23 and will have crypto asset support when the nightlife establishment reconvenes services.

24-Hour Nightclub E11even Miami to Support Crypto Payments

Since 2014, E11even Miami has been a popular nightclub in the Sunshine State and well known for operating 24 hours a day and seven days a week. In recent times, Miami has become a hub for cryptocurrencies as the city’s mayor Francis Suarez is bullish about the digital asset industry. Suarez wants to dedicate “efforts to make bitcoin an acceptable currency” in the city of Miami. Moreover, Samuel Bankman-Fried’s FTX Exchange has acquired a naming-rights deal for NBA’s Miami Heat arena.

E11even Miami’s founder Dennis DeGori has seen the positivity toward crypto assets in Miami and detailed that when paying for tables, drinks, merchandise, “guests have the option of seamlessly paying with cryptocurrency.” The announcement details that E11even Miami will accept BTC, BCH, XRP, and DOGE for payments.

“With the tremendous growth & relevancy of Cryptocurrency coupled with Mayor Francis Suarez leading the charge for Miami’s tech boom, we felt it made sense to introduce Cryptocurrency as an option to our guests to pay for their night out,” DeGori said during the announcement.

The club’s founder added:

E11even is dedicated to always staying ahead of the curve, and we believe cryptocurrency is here to stay.

Crypto Acceptance: Soon to Be a ‘Nightlife Industry Norm’

The nightclub owners say that the business has “partnered with one of the largest cryptocurrency processing companies,” but doesn’t mention the partner. “Accepting crypto is attractive to the venue, and its guests as E11even continuously sees its VIP guests more involved in the Bitcoin industry,” the company said. Gino LoPinto, the operating partner of E11even Miami has noticed the trend.

“Bringing services and amenities that cater to our cutting-edge clientele is of uber importance (to us), and we’re seeing an increasing trend of clients wanting to use their Cryptocurrency as a form of payment,” LoPinto explained. “We believe nightclubs allowing Bitcoin as payment will soon become a nightlife industry norm, and we’re excited to be the ones paving the way.”

What do you think about the nightclub E11even Miami accepting crypto assets for payments? Let us know what you think about this subject in the comments section below.

news.bitcoin.com