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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



YESTERDAY, United Kingdom:
New World Trading Company has chosen to open its latest venture at intu’s transformational retail and leisure extension.
Apr 12, 2018, USA:
Exciting New Creative Plans Announced for Former Sears.
Apr 5, 2018, Sweden:
One of Sweden’s largest real estate investment companies launched its new retail concept in the heart of Swedish capital.
Apr 4, 2018, USA:
b8ta has been named "Store of the Year" by the 47th Annual Shop! Awards.
Mar 26, 2018, United Kingdom:
It will house the collection of British and international brands in one of the world’s most iconic buildings.
Mar 23, 2018, Spain:
ICSC will hold its annual events on 25-26 April in Barcelona, Spain at the Fairmont Rey Juan Carlos I hotel.
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