Why book hotels with crypto instead of a credit card?

In short

• Crypto payments give you more privacy - no need to share credit card numbers or bank details when booking a hotel on Trip1.
• You avoid foreign transaction fees and currency conversion markups that banks charge on international bookings.
• Anyone with a crypto wallet can book - no bank account, credit history, or approval needed.

What is Trip1?

Trip1 is a hotel booking platform where you can search and book from over 3 million hotels in 190+ countries - and pay with cryptocurrency. Trip1 accepts 50+ cryptocurrencies via CoinGate, a MiCA-licensed payment provider - including Bitcoin, Ethereum, USDC, and many more. Here is why crypto can be a better option than a credit card for hotel bookings.

More privacy for your financial data

When you book with a credit card, you share your card number, expiry date, and CVV with the booking platform. With crypto on Trip1, you just scan a QR code from your own wallet. No credit card numbers, no bank details, no financial information shared with anyone.

No foreign transaction fees

Banks typically charge 1-3% in foreign transaction fees when you book hotels abroad with a credit card. On top of that, currency conversion markups can add another 1-2%. With crypto, these fees disappear. You pay the blockchain network fee (usually a fraction of a dollar on fast networks) and that is it.

Global accessibility

Not everyone has access to a credit card or international banking. Crypto payments open up hotel bookings to anyone with a crypto wallet, regardless of their banking situation or country. This makes Trip1 accessible to travellers worldwide.

Put your crypto to practical use

Hotel bookings are one of the most practical ways to spend cryptocurrency. Instead of converting crypto to fiat and losing value on exchange fees, you can spend it directly on travel through Trip1. CoinGate handles the conversion on the backend, so the hotel receives fiat and you enjoy your stay.