KFC CanADA Now Accepting Bitcoin (available on Coinbase) As Payment
That’s right, you can now buy KFC’s fried chicken with Bitcoin (available on Coinbase) in CanADA. The fast-food chain is now accepting the cryptocurrency for a limited time for customers to buy a Bitcoin (available on Coinbase)-themed chicken bucket called the “Bitcoin (available on Coinbase) Bucket”. At the same time, KFC will also place a Facebook-based live tracker of the bucket’s price corresponding to the Bitcoin (available on Coinbase)-dollar exchange rate.
To solve the volatility of the cryptocurrency market, the company has pegged the price of a Bitcoin (available on Coinbase) Bucket at $20, which will be converted into fractions of a Bitcoin (available on Coinbase) when a purchase is made.
How To Pay?
In case you’re wondering how you can walk into a Canadian KFC location and purchase the Bitcoin (available on Coinbase) Bucket, well, you can’t, at least physically. Instead, it is bought online using Bitpay as one of the payment options and the bucket will then be delivered to the customer’s address (though a $5 shipping fee will be charged).
Currently, the Bitcoin (available on Coinbase) Bucket is sold out (unfortunately).
KFC Officially On The Crypto Hype Train
With this publicity stunt, KFC now joins a fast-growing list of companies to hop on the cryptocurrency bandwagon. The company’s social media team has been updating constantly on Twitter on the status of its mouthwatering Bitcoin (available on Coinbase) Bucket. It has also suggested that other cryptocurrencies may be accepted as well in the future.
Regardless of what these crypto-related marketing campaigns do for the profitability of companies, they open up a yet-to-be explored territory for both marketers and consumers that would cause a lot of excitement. We are now seeing Bitcoin (available on Coinbase) become mainstream.
Featured Image: twitter