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First UK retailer to accept Bitcoin



Computer Exchange (CeX) is the first retailer to allow the trade of sterling for Bitcoin at their stores. Shoppers are shown how to exchange their pounds for the virtual currency.
The Bitcoin value constantly fluctuates, but this is overcome by an adjustment to reflect the variance between the currencies.

Bitcoin was developed by a Japanese businessman during 2009 and allows for easy transfer of funds throughout the world. Unlike normal currencies, it is not controlled by the government or other organisations.

CeX is using this system at their Glasgow branch for around three days, but it has already received good reviews. Shoppers have found it easy to use with initial help from staff.

This method of payment is gaining popularity in the UK with online stores and a taxi business in Edinburgh already using it.

The senior manager for CeX has stated that the trial for Bitcoin is relevant in view of the referendum on Scottish independence. People are concerned about the currency they will have to use in future, and this new currency may be the answer.


More about shopping malls in the USA



Jun 14, 2019, USA:
Skyports designed for vehicles of the Uber Air project, the world's first urban aviation network.
Jun 14, 2019, United Kingdom:
Nike has redesigned the women's part of its flagship shop in London, showing plus-size mannequins.
Jun 13, 2019, Slovenia:
Irish fashion retailer Primark revealed its first store in Slovenia at Citypark in Ljubljana, attracting thousands of enthusiastic customers.
Jun 11, 2019, USA:
Krispy Kreme is preparing to present its flagship retail concept in Times Square in New York.
Jun 10, 2019, USA:
American Eagle Outfitters reported its earnings for the first quarter of this year.
Jun 7, 2019, United Kingdom:
Thrill-seekers can swim in the pool with a 360-degree view of London.
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