Seeking Alpha
2021-08-16 10:47:02

BOTS accepts Dogecoin and other Cryptocurrencies from preowned Tesla EV buyers

BOTS (OTCPK:BTZI) will be offering Dogecoin merchant processing services to Pre-owned TESLA EV dealers and individuals first. The company became one of the first publicly traded companies to accept Dogecoin as a payment for its products and services. Tesla started accepting bitcoin as a form of payment in February and purchased $1.5B in bitcoin and three months later backed out from it, citing environmental concerns. Last month Elon Musk said: “Tesla will 'most likely' restart accepting bitcoin as payments”. The used car market is extremely hot at the moment due to the ongoing chip shortage and according to the report published by Allied Market Research, the global used cars market was pegged at $828.24B in 2019 and is estimated to hit $1.355T by 2027, registering a CAGR of 8.3% from 2020 to 2027.

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer