Bravo Pawn Systems, a business that provides point-of-sale software to the pawn shop industry has recently unveiled plans to support cryptocurrencies.
Bravo is officially the first pawn software service to announce that it will be supporting cryptocurrency on its system.
Steve Mack, the founder of the company, has said that the new move was inspired by the rapid boom of crypto and predictions that crypto's star will consider to shine brightly well into the future. Mack believes that cryptowill become a standard currency that will be used around the world "in the near future". Mack also said that the business was "very excited" to be the first pawn software service to offer its users the chance to use crypto.
Users of the service will be able to borrow currency, as well as purchase it on Bravo's website Buya. Mack stated that crypto was another asset, similar to gold, diamonds and designer goods, that pawnbrokers can develop their expertise on. Bravo has over 1,170 asset categories available to users.
The business intends to offer its users several popular coins, including Ripple, Monero, Litecoin, Bitcoin, Zcash, Ethereum, Dash and Decred. Mack also announced that other cryptocurrencies that fared well with the markets would also be added as available options for Bravo users.
Embarking on the journey of cryptocurrency investment can seem daunting, but starting small with something like 0.01 BTC is a manageable and insightful first step into the expansive Bitcoin universe.
MoreIn an unprecedented move that marries the automotive industry with the burgeoning world of cryptocurrency, Honda has announced that it now accepts Bitcoin for vehicle purchases.
MoreThe anticipation surrounding the Bitcoin halving event extends far beyond the mining community and individual holders.
MoreJian Wen, a 42-year-old former takeaway employee, has been found guilty at Southwark Crown Court for her involvement in a sophisticated money laundering operation using Bitcoin to acquire luxury properties and high-value items.
More