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How to Use Crypto to Book Your Next Private Jet Charter Flight

Thursday 23 September 2021 Blog

The comfort of knowing that you can book a private jet is security within itself. You can leave when you choose to and land where you want to. Not to mention you are also traveling in luxury. 

The process of booking a charter flight does have its benefits, but what if I told you there was a better way. There is a secure and faster way to book your flights by paying with crypto. 

Cryptocurrency is now available as payment for luxury store brands, hotels, and booking private jet charter flights. Don’t have cryptocurrencies but want to make secure payments? 

No worries, we will walk you through the process but first, let’s see how crypto works. 

How does Crypto Work?

Cryptocurrency is a digital currency rather than a physical currency like a US Dollar, Euros, Pounds, etc. Even though cryptocurrencies are digital, there isn’t a single type of crypto. Here are the most common types of cryptocurrencies and their Market Capitalization.

  • Bitcoin $849.5 billion
  • Ethereum $357.5 billion
  • Dogecoin $38.1 billion

These cryptocurrencies use the blockchain for their transactions. The blockchain is spread across multiple computers that manage the records for transactions. This process has many advantages that we can get into later. 

Why are cryptocurrencies so popular?

There’s no secret that cryptocurrencies have become a popular conversation - but why? Let’s go ahead and break it down. 

Many supporters of cryptocurrency say that bitcoin is the currency of the future. For that reason, people are rushing to buy Bitcoin before they become more valuable.  

Many people also favor that cryptocurrency removes central banks from managing the money supply (decentralized). Banks tend to reduce the value of money, so people find cryptocurrency becoming more valuable.

We touched a little bit on this, but people support the blockchain because it is decentralized in its recording process appears more secure than card payments. 

How do I buy cryptocurrency?

Now you are interested in buying crypto for a secure flight? Where can you start if you don’t have crypto? To start, you will need a “wallet.” Now I know I mentioned that cryptocurrencies aren’t physical, so where will you keep your crypto?

Cryptocurrencies will be held in a “wallet,” which can be an online app. More apps are being created to act as a wallet, but here are a few you might have heard of. 

  • Coinbase
  • Gemini
  • Bitpay 
  • Utrust 

These apps that I listed act as a wallet to keep your crypto safe. 

To purchase crypto can vary from country and the cryptocurrency. Bitcoin is available to purchase with US dollars, while some expect you to pay with other cryptocurrencies. 

For this reason, Bitcoin is an excellent place to start and any other currency that allows you to purchase in U.S. Dollars. 

Book Private Jet with Crypto

Now that you have your crypto, you are ready to book a private jet! How can you get your cryptocurrency from your wallet to make a payment? Again some apps allow you to pay with crypto. 

Not all wallets allow you to use crypto as payment, or not all companies might accept payment from that app. At Fast Private Jet, here are the payment options we offer but aren’t limited to them. 

  • Bitcoin
  • Paypal
  • Utrust
  • Bitpay

These are the common forms of payments, but we are open to using others. These options and others allow you to book a secure flight anywhere in the world.

The Advantages of Booking a flight with Crypto? 

Finally, let’s walk through the advantages. You’re probably thinking - If I already have cash, then why pay with crypto? Here are some reasons why. 

Rates are lower, specifically with Bitcoin. As a reminder, bitcoin and other cryptocurrencies are still a currency just like the U.S.; therefore, the rates will differ. 

International payments are also much faster than purchasing a ticket from your bank. As we mentioned, banks manage money transfers, and if you’re spending an exuberant amount, the longer the payment processes will be. 

International payment takes time to transfer the money, which can be up to days. With cryptocurrencies, the process is faster and recorded in the blockchain. 

Lastly, the main reason people might pay with cryptocurrencies is that it’s an anonymous system. A crypto payment doesn’t reveal sensitive information like your card balance from a physical debit and credit card. 

Final thoughts

We are aware of the scepticism towards buying crypto but paying with crypto is another story. Using cryptocurrencies is a safer and more secure way to book your trips. 

At Fast Private Jet, we make it easy to book private jets with crypto. Contact our private aviation advisors to learn more or to charter your private jet by paying with crypto.

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