KFC is accepting Bitcoin for fried chicken in this country

KFC is accepting Bitcoin for fried chicken in this country

Seems the Far North contingent of the Colonel's original recipe restaurants are now offering The Bitcoin Bucke LTO. Sure, we don't know exactly what Bitcoins are, or how they work, but that shouldn't come between you and some finger lickin' good chicken. KFC Canada officially introduced this Bitcoin Bucket saying, Welcome to 2018 Canada!

While it's possible that the company truly believes in the potential of the currency, an option for users to spend Bitcoin at KFC is probably more of a marketing stunt than it is an act of embracing this fledgling form of payment.

Canada, has started accepting bitcoin payments from its customers for a bucket of fried chicken.

As of now KFC Canada only allows you to buy the Bitcoin Bucket using Bitcoin payments.

The Bitcoin Bucket deal is now only available on the Canadian website, but if you're interested in using some of your hard-earned currency on a tasty meal, you can trade $20 CAD worth of bitcoin at KFC for a bucket of chicken. Moreover, the price carries a $5 fee.

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The Bitcoin Bucket can only be purchased for delivery online for home delivery - the deal is a limited time offer.

To solve the volatility of the cryptocurrency market, the company has pegged the price of a Bitcoin Bucket at $20, which will be converted into fractions of a bitcoin when a purchase is made. "Invest in buckets instead", and others.

In one post on Twitter, the rep commandeering the KFC Canada account suggested that the company may accept other cryptocurrencies as well.

But this Canadian social media LTO promotion was aimed squarely at marketing the chain, rather than making money directly from bitcoin transactions. "Hold for the dip", as well as "If Satoshi reveals his true identity, his bucket is on us" (referring to the anonymous identity of the Bitcoin creator Satoshi Nakamoto). The gate for rival cryptocurrencies that include bitcoin cash, litecoin, ethereum and ripple was opened.

According to CoinMarketCap, bitcoin prices tumbled 10 percent at 2.54am GMT from £10.768.42 ($14,579.50) to £9,680.02 ($13,105.90) at 4.54am GMT.

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