Hodl or spend? Retailers are operating Black Friday offers for individuals who pay with cryptocurrency

Hodl or spend? Retailers are running Black Friday deals for those who pay with cryptocurrency

The introduction of cryptocurrencies is slowly but surely making its way into the mainstream – a term that has become increasingly evident among large retailers PayPal announces support for digital currencies. So it should come as no surprise that crypto owners may want to spend some of their digital currency this holiday season.

For a new one report From Forrester and blockchain payment service provider BitPay, cryptocurrency users tend to spend more than other consumers. Based on interviews with BitPay merchants, the report found that cryptocurrency users have an average order value of $ 450, compared to around $ 200 for non-cryptocurrency users.

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