This Cafe Gives Crypto-Related Advice Alongside Coffee And Cakes

ndtv.com:

The cafe has turned into a haven for cryptocurrency traders.

Cryptocurrencies are increasingly becoming popular and gaining a lot of traction from investors. However, when it comes to knowledge about digital coins, many people are still behind the curve. And, in order to get them started with cryptocurrencies, a cafe in Thailand is providing information related to digital assets. This cafe has turned into a haven for cryptocurrency traders, with screens displaying the latest market movements and investment advice. Customers at the HIP Coffee & Restaurant can be seen staring at their laptops, nervously sipping coffee, or taking a bite of their favourite cake.

Cryptocurrency traders get to exchange information, which they believe gives them a good chance of success, in a volatile market that just saw Bitcoin, the world's oldest and most popular cryptocurrency, hit a low recently.

A Reuters report quoted a cryptocurrency trader, Detnarong Satianphut, as saying that this initiative was “interesting for me since I get to meet others who share my interests”. According to official data, 251 billion baht ($7.62 billion) in digital assets were traded in November 2021, indicating that cryptocurrencies were gaining traction in Thailand.

Another trader Apakon Putnok said that the presence of so many screens was beneficial, as it helped them analyse a trade, consider the factors behind a crash and make decisions accordingly.

Here's a video of the cafe showing its multiple screens:

HIP Coffee & Restaurant in Thailand has become home to cryptocurrency traders, adding screens showing the latest market moves. The café also offers free crypto investment consulting and is planning on starting its own cryptocurrency coin