South Africans Can Now Buy Cars From Trading Auto Prestige Using Crypto Through 6DOT50.

10 May 2022 - 6DOT50, a voucher exchange and transactional services platform has secured Trading Auto Prestige as a merchant following demand from South Africans looking to purchase vehicles using crypto value.

The deal between 6DOT50 and a South African-based online dealership for premium cars, Trading Auto Prestige, now enables customers to use their crypto to make a purchase in one of 6 cryptocurrencies offered by 6DOT50, including bitcoin.

With more than 80 000 stores and online retailers now accepting 6DOT50 payments, 6DOT50 is turning crypto into a viable mode of payment where users can scan any Zapper code, buy premium cars, or even enjoy a cup of coffee using crypto.

“We have been overwhelmed by the number of crypto users requesting that we add car dealers to our merchant network and the team at Trading Auto Prestige is well-positioned to meet our crypto user’s needs, “says Warren Venter – Director at 6DOT50.

Users wanting to acquire a car will buy Digital Rands from 6DOT50 using their preferred cryptocurrency and simply transfer their Digital Rands to Trading Auto Prestige as payment.

“The 6DOT50 platform enables us as Trading Auto Prestige to encourage our customers to spend their crypto value without us having to deal with the inherent volatility risks that have prevented crypto from being a viable payment method. We enjoy risk-free payments and the benefit of tapping into an untapped cryptocurrency value store. It was really simple to add 6DOT50 as an alternative way for our customers to pay, ”says Rynhart van Staden – CEO at Trading Auto Prestige.

With more than R2.5 million in crypto to merchant transactions concluded on the 6DOT50 platform, the addition of larger ticket item merchants is likely to continue driving the utility of crypto as an alternative way to PAY.