Cielo Aviation accepts cryptocurrency payments for all Private Jet & Helicopter bookings



• Inflation Protection: There is evidence to see cryptocurrency as offering protection against inflation. Bitcoin has a hard cap on the whole number of coins that will ever be issued. For example, as the growth of the money supply overtakes the growth in the supply of Bitcoin, the price of Bitcoin shall increase.

• Transactional Speed: Crypto transactions are done in a matter of minutes and that is very convenient as within financial institutions, most of the transactions are settled in three working days and wire transfers take at least 24 hours.

• Cost Effective Transaction: Cryptocurrencies can help transfer funds globally. The transactional cost with the help of cryptocurrency can be minimal or zero as it eliminates the need for third parties like VISA or Matercard to confirm transactions.

• Decentralization: Cryptocurrencies are a picture of a brand-new decentralization model for money. They also help to combat the monopoly of a currency and free money from control. No government organizations can set the worthiness of the coin or flow, which makes cryptocurrencies secure and safe.

• Safe and Secure: No one can access your funds unless they gain access to your crypto wallet’s private key. In case you forget or lose your key then you cannot recover your funds. Further, the transactions are secured by the blockchain system along with the scattered network of computers that verify the transactions. It’s more secure if investors keep crypto assets in their own wallets. The transactions are secured by the usage of public and private keys, proof of work or proof of stake and other various forms of incentive systems.

• Transparent: With the decentralized nature of blockchains, one can view the money transfer transactions by simply using blockchain explorer on the platform to track live transfers. This open and transparent system is a relief among investors and is corruption-free.





How does Cielo Aviation process cryptocurrency payments?



We will quote you the amount to be paid in euros and then use BitPay to process the payment in Bitcoin or other cryptocurrencies. BitPay is a leading payment technology provider, which acts as a secure gateway between the client and seller. The client makes the payment from his secure BitPay payment wallet. Cielo Aviation then converts the payment instantly to euros to minimise currency fluctuation risks.