Lloyds Auctions Australia is selling an expensive cryptocurrency trailer – Bitcoin News
Australia’s Lloyds Auctions now accepts major cryptocurrencies for all items offered on its marketplace. Within hours of the announcement, the auction house managed to sell an expensive mobile home (RV / trailer) to a bidder who was happy to pay full price with digital coins.
Australian auction house Lloyds Auctions accepts crypto from bidders
Against the backdrop of volatile crypto markets in the past few days and weeks, investors have been looking for ways to cash out profits or transfer some of their assets elsewhere. Lloyds Auctions, a leading auction house in Australia, has discovered an opportunity to attract some of this funds and offer bidders the ability to pay with cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH).
Just hours after opening the alternative payment option, Lloyds Auctions was able to sell a custom built trailer valued at $ 75,000 for crypto. “As a longtime sponsor of Lloyds, I didn’t hesitate and couldn’t believe how easy it was for me to pay with cryptocurrency,” the keen buyer of Zdnet is quoted as saying. “The seller would have received it in cash and never knew the difference!”
Crypto owners want to buy vintage cars and bulldozers
Since the caravan was sold, the auction house has registered growing interest from other crypto owners, especially in its classic car and earthmoving machine auctions. Inquiries have been received, said Lee Hames, chief operations officer of Lloyds Auctions, who also commented:
We have seen people use this to segregate cryptocurrencies and reinvest in real assets. As prices go down, people take some profits off the table and transfer them to something like a vintage car or bulldozer and put them to use.
Lloyds Auctions has also decided that blockchain is the best way to prove possession of a series of negatives that capture moments in Australian history. At the beginning of June, the auction house announced that it would mint a non-fungible token (NFT) for a collection of original glass plate negatives from over 140 years of operation by the Rose Stereograph Company. The highest bidder in the auction also receives the NFT.
Have you bought auction items with cryptocurrency? Let us know in the comment section below.
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source https://bidsfor.me/lloyds-auctions-australia-is-selling-an-expensive-cryptocurrency-trailer-bitcoin-news/
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