Minnesota – Idelto

Continental Diamond, a St. Louis-based jewelry store, has partnered with BitPay enabling its customers to use bitcoin as payment.

Continental Diamond, a St. Louis-based jewelry store, will begin accepting bitcoin as payment.
Continental is partnering with BitPay to facilitate bitcoin payments.
Earlier this week, the famous fashion-house Gucci also began accepting bitcoin.

St. Louis Park-based Continental Diamond is now the first jewelry store in Minnesota to accept bitcoin as payment at its family-owned business, according to a press release.

“We are constantly innovating and creating an oasis you can’t wait to come back to! Accepting cryptocurrency seemed like a natural next step to adapt to the changing behaviors and preferences of our customers,” said Jimmy Pesis, Continental Diamond co-owner and president.

Continental Diamond will be utilizing infrastructure provided by BitPay to facilitate using bitcoin as a payment method. BitPay creates a seamless experience for customers looking to use bitcoin for payment with the addition of simple payment buttons with custom integrations making it easy for companies like Continental to accept bitcoin.

One of the perks for Continental using this service is BitPay protects businesses from volatility by making sure they are paid each dollar charged for the purchase in BTC with daily settlements for a 1% fee.

Other retailers and luxury fashion-brands have also started accepting bitcoin. Earlier this week Gucci, the famous fashion-house, announced they would be piloting the acceptance of bitcoin as payment in five locations.

Continental commented on its ability to constantly innovate to the needs and desires of its customers while creating a welcoming environment customers want to come back to.

“For years, we have had an in-store playroom for kids of shopping parents, freshly-baked cookies as you walk through the door, an educational and client focused approach, and more recently, a text-to-shop service,” said Pesis.

Continental clearly demonstrated its ability to innovate with its acceptance of bitcoin as the ebbing tide of retail shifts to a digital experience.

15th September 2020, New York, United States: INX will start accepting bitcoin (BTC), ether (ETH), and USDC stablecoin, starting today. INX said over 3,000 retail and accredited investors registered for the INX token offering during its first three days. Now that the minimum requirement INX has set to raise the first $7.5 million of its up to $117 million IPO in dollars and not crypto, has been met, investors will be able to purchase INX tokens with these coins, here: https://token.inx.co/

INX has set the offering price at $0.90 per token with a minimum investment of $1,000. The offering is available in 14 U.S. states: California, Colorado, Connecticut, Georgia, Hawaii, Illinois, Louisiana, Michigan, Minnesota, New York, Texas, Washington, Wisconsin, and Wyoming.

The company plans to use IPO proceeds to continue developing INX Trading Solutions, a regulated exchange for cryptocurrencies, security tokens, and derivatives. Founded in 2017, Gibraltar-based INX first revealed its IPO plans in 2018 and filed a draft prospectus with the SEC in August 2019. The company is headed by Alan Silbert, brother of Digital Currency Group’s founder Barry.

About INX Limited

INX aims to provide a regulated trading platform for digital securities and cryptocurrencies combining traditional markets expertise and a novel fintech approach. INX is led by an experienced team of business, finance, and blockchain technology experts unified by the vision of redefining the world of capital markets via blockchain technology and novel regulatory approach.

Media Contact Details

Contact Name: Alona Stein (For INX)

Contact Email: [email protected]

This press release is not a prospectus and does not constitute an offer to sell or a solicitation of an offer to buy any securities in any jurisdiction in which such offer or solicitation of sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. This press release is being issued pursuant to and in accordance with Rule 134 under the Securities Act of 1933. No securities regulatory authority has either approved or disapproved of the contents of this press release.

INX Limited is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

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This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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