More than a year after Bitcoin was accepted as legal tender in El Salvador, a new poll released Tuesday revealed that most Salvadorans saw President Nayib Bukele’s controversial decision to adopt the cryptocurrency as legal tender a “failure,” AFP reported .
The study conducted by the University of Central America (UCA) showed that 75.6 percent of respondents said they would never use cryptocurrencies, and 77 percent said the president’s decision to adopt Bitcoin as the country’s currency alongside the US dollar for 14 months since “had failed. .”
Meanwhile, crypto exchange WazirX has announced a gift card feature on its platform to enable registered users to gift cryptos this holiday season.
WazirX is launching two products: Shagun and Muhurat trading, targeting Diwali festivities. Users can win free WRX using the gift card feature and zero fees for trading crypto on the platform. Besides the Crypto Gift Card feature, the Shagun & Muhrat features (will) be active from October 20 and 22, 2022 respectively, WazirX said in a press release.
WazirX will be offering WRX Shagun from October 20 to 26 at 10am-10pm IST, to the first 10,000 unique users who send gifts via WazirX gift cards. Shagun, which will be given via vouchers, will be decided based on a lucky draw. “Additionally, with the deployment of Shagun this Diwali, on the WazirX P2P engine, the minimum purchase value will be reduced to 8 USDT (from the previous 14.5 USDT) for all users from 20 October 10 AM to 26 October 10 PM IST, ” the statement added.
Rajagopal Menon, VP of Marketing, WazirX, says, “Bitcoin was modeled as digital gold and all of us know how much Indians love gold. WazirX was founded to make crypto accessible to all Indians – we believe the gift card feature will go a long way in converting no-coiners into proud crypto users. Muhurat trading and WazirX Crypto Gift Cards will let users share the joy of owning Crypto with their loved ones.”
In other news, TravelX, a marketplace for tokenized travel products, and Latin American cryptocurrency exchange Lemon have teamed up to enable Lemon users to purchase airline tickets.
In September, TravelX said tickets for Argentine budget airline Flybondi would be converted into non-fungible tokens, or NFTickets, after purchase.
Each Lemon user can purchase up to two tickets on TravelX with USDC from the Lemon wallet and receive 50 percent cashback in Bitcoin starting in October, with a cap of 100 USDC per transaction.
