Gucci Will Accept Cryptocurrency in the US (Alert): Is This The Future of Luxury Shopping?

gucci dark green bag with gold hardware


Disclaimer: We may earn a commission from third-party sites if a purchase is made at no additional cost to you. We donate a percentage of our profits to various women’s shelters. Find more info here.

JUST when we thought cryptocurrency hit its peak in popularity, with Bitcoin hitting $64,000 in November of 2021, but now cruising at $36,000, we know it’s just the beginning. Gucci announced (via Vogue Business) the financial future for the fashion house by stepping into the crypto world, Gucci will accept cryptocurrency.

The pilot for this rollout is coming quicker than you think; by the end of May 2022, a minimum of 5 stores across the US will accept various forms of cryptocurrency. The fashion house is working on allowing all of its North American stores to take crypto by the end of the summer. Check out our favorite Gucci crossbody bags here.

Gucci Will Accept Cryptocurrency: Which ones made the cut?

Accepting this form of currency changes how luxury is purchased moving forward in the US; it also doubles as validation for the specific cryptocurrencies that Gucci will accept. A few of the ten accepted cryptocurrencies are Bitcoin, Ethereum, Litecoin, Shiba Inu, and even Dogecoin (the meme currency that was started for laughs).

You will soon be able to purchase products from Gucci using a QR code that will link customers directly to their crypto “wallet.” You can put those digital coins to work by using them at one of the five initial stores set to accept this currency; check out The Shops at Crystals in Las Vegas, Rodeo Drive in Los Angeles, Wooster Street in New York, Miami Design District and Phipps Plaza in Atlanta.

Check out our favorite Gucci resale items available below!

Welcome to Bagover; I'm Sara Sargon, a self-proclaimed handbag connoisseur living in sunny California. If I'm not drooling over new handbag trends, you can find me writing, dreaming of travel, or spending too much money on my puppy Pepé. Thank you for visiting! — Sara

Share this post with your friends!

Facebook
Twitter
LinkedIn
Pinterest

Get $100 Off Your First Order In Our Online Store​

Sign up to receive the coupon
code in your email now.

Recent Posts

Don't Want To Lose Out On
Coupons, Gift Guides, or Reviews?

Fill in your details, and we’ll keep you notified!