Disclaimer: The text below is a publicity piece that was not written by Cryptonews.com journalists.
Most travel restrictions have been lifted and everyone is almost ready for the holiday season. It’s time to start removing travel destinations from your wish list. What better way to start traveling again than by using cryptocurrencies? LYOTRAVEL, a new adventure presented by LYOPAY, has as purpose make travel easier using cryptocurrencies.
Journey downhill race, Crypto uphill climb
Cryptocurrency adoption is on the rise with more than 102 million people using them around the world, according to a report from Cambridge Judge Business School. We have seen the emergence of different avenues to use them in everyday life. The travel industry was one of the hardest hit industries globally – the World Tourism Organization (UNWTO) says there has been a 76% drop in international travelers since 2019. The crypto industry grew by leaps and bounds.
This association with cryptocurrency has been a boon for the Travel industry Right now, you’ve been looking for new ways to get people to travel again.
One of the new players in this marriage between crypto and travel is LYOTRAVEL.
Crypto and travel – LYOTRAVEL
LYOTRAVEL is a travel booking website that allows you to use cryptocurrencies when booking your flights, hotels or car service.
It is a new company that offers you LYOPAY, a cryptocurrency payment application in which you can use cryptocurrencies for day-to-day transactions. LYOPAY is classified as a Great app and it has different types of services where you can use crypto for everything from opening bank accounts for grocery shopping.
Cryptocurrencies are the currency of the future and in the post-pandemic era, we will have to use an easier way to use our money.
How Cryptocurrencies Will Help Travelers
Tourists scramble for Christmas season tickets, hoping for a chance to travel after two years of being confined to its borders. LYOTRAVEL offers them a way to reserve their tickets using the main cryptocurrencies.
Previously, to make travel reservations, you needed to be able to to pay using your debit or credit cards, bank transfers or fiat currency. But now, with the arrival of cryptocurrencies, another means of payment has been created.
Cryptocurrency enthusiasts were looking for ways to use them due to the abundance of different currencies these days. With not many methods to use all this amount of money, finding solutions became essential, and traveling was a perfect match.
Right now, only four major cryptocurrencies are available on the website, i.e. Bitcoin, Ethereum, Binance Coin and Tether. But LYOTRAVEL aims to have all your favorite cryptocurrencies on the platform soon.
Now you don’t have to pay exorbitant fees to convert your cryptocurrencies into fiat currencies to reserve your tickets. Cryptocurrencies are money too, and we can finally use them for whatever we want, including travel.
With the advent of cryptocurrencies in the early 2010s, we have been trying to use them for different purposes other than mere storage of value. Travel is definitely an untapped market for cryptocurrencies right now, and it will be very interesting to see how it works. We expect more such agencies to emerge in the future and the use of cryptocurrencies will be the norm when it comes to traveling.
For the moment, LYOTRAVEL is one of the pioneers of this service, and meets all of our crypto travel needs. Definitely worth checking out. Go to your website And start reserving your tickets for the holiday season now!
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