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AMC, the largest cinema chain in the US, accepts Ethereum, Litecoin and Bitcoin Cash, in addition to BTC

By Daily EditorBitcoin

The major chain of cinemas AMC had already announced that it would accept Bitcoin.


Which is considered the largest chain of cinemas in the United States, AMC, announced that it will accept other cryptocurrencies apart from Bitcoin as means of payment. Remember that last month I had already made public that BTC it was to be an official means of payment at the end of the year. Now the company reported that when this becomes a reality, it will also be possible to pay with Ethereum, Bitcoin Cash and Litecoin.

The announcement was made by the CEO of AMC, Adam Aron, on Twitter:

Crypto enthusiasts – You probably know, AMCTheatres has announced that we will accept Bitcoin for online ticket and concession payments by the end of 2021. I can confirm today that when we do, we also expect that we will similarly accept Ethereum, Litecoin, and Bitcoin Cash. .

During the company’s earnings call in August, Aron also stated that customers will also be able to pay via Google Pay and Apple Pay before the end of the year, although none of the tech monopolies are compatible with cryptocurrencies. At the time, he noted that many of the company’s new retail investors were very excited about cryptocurrencies.

It is worth remembering that the actions of AMC rose at the beginning of the year when they were part of the movement to inflate shares of companies in decline, affected by the pandemic of COVID-19, who made retail investments in the forum WallStreetBets from Reddit. The most remembered of these actions was that of Gamestop.

Aside from theaters in America, AMC It has rooms in Canada, the United Kingdom, France and Hong Kong. In addition, in 2016, it acquired Odeon Cinemas, that belonged to the Spanish company Cinesa.


As can be seen in the graphs of CryptoMarkets, so much Ethereum (ETH) What Litecoin (LTC) They have dawned after the news with increases of 6% compared to yesterday. While, Bitcoin Cash (BCH) it has a much smaller rise: 1.23%. The volume of transactions with Litecoin increased 22% in the last 24 hours, while the volume of operations with ETH had a 6% drop. As to BCHEven though its increase is little, the volume of transactions in the last day shot up by 39%.

Sources: Twitter, CryptoPotato, UToday, file

Version of DailyBitcoin

Picture of Unsplash

Tammy Sewell is our Writer and Social at OICanadian.com. Tammy loves sports, she writes our celebrities news. She spends time browsing through several celebs news sources as well the Instagram. Email: Tammy@oicanadian.com Phone: +1 513-209-1700

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