Latin American Exchange Lemon Integrates With NFT Marketplace TravelX to Allow Airline Ticket Purchases

Users of Lemon will be able to purchase up to two tickets per person and receive 50% cashback in bitcoin.

AccessTimeIconOct 18, 2022 at 8:45 p.m. UTC
Updated Oct 18, 2022 at 9:57 p.m. UTC

Marina Lammertyn is a CoinDesk reporter based in Argentina, where she covers the Latin American crypto ecosystem. She holds no crypto.

Latin American crypto exchange Lemon has integrated with TravelX – a tokenized travel products marketplace – to allow its users buy airline tickets, the company announced Tuesday.

TravelX went live in late September offering tickets for low-cost Argentine airline Flybondi that are converted into non-fungible tokens called NFTickets after purchase.

Beginning this month, each Lemon user will be allowed to purchase up to two tickets on TravelX with USDC from their Lemon wallet and receive 50% cash back in bitcoin, with a 100 USDC limit per transaction, the company said.

Prior to this tie-up, users of TravelX were only allowed to buy NFTickets via Binance Pay.

After acquiring an NFTicket, a customer can auction, sell, transfer, gift or exchange it through a peer-to-peer system and register only three days before the flight, TravelX Chief Blockchain Officer Facundo Martin Diaz told CoinDesk last month.

Diaz added that the platform plans to incorporate the inventory of more than 60 airlines – with a special focus on Latin American and European operators – within six to 12 months while it holds conversations to integrate further crypto exchanges.

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Marina Lammertyn is a CoinDesk reporter based in Argentina, where she covers the Latin American crypto ecosystem. She holds no crypto.

CoinDesk - Unknown

Marina Lammertyn is a CoinDesk reporter based in Argentina, where she covers the Latin American crypto ecosystem. She holds no crypto.