Using bitcoins to buy stuff
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Wholefoods used to accept crypto payments directly, but this is unfortunately no longer the case. Games If you're into both gaming and crypto, you can now merge the two. There are many ways through which you can buy games using crypto. You can buy a gift card online for the vendor of your choice, such as Steam, PlayStation, or Xbox, or you can use a dedicated website that accepts game payments via crypto.
Joltfun is a prime example of a website that accepts Bitcoin for game purchases. Using this site, you can either buy keys for specific games or add funds to another game vendor wallet. You'll then receive an email containing the key code when you buy a key. You can then use this to activate the game on a supported platform.
Other sites, such as Keys4Coins, also offer the same service. Subscriptions You're not only able to buy physical products with Bitcoin. You can buy subscriptions, too! Whether you want to sign up to a VPN provider, cloud storage, or even a streaming service, you can use your Bitcoin to do so.
While some subscription services accept Bitcoin payments directly, you'll have to go through a gift card conduit for others. For example, you can pay for an ExpressVPN subscription on the company site using your Bitcoin, but you'll have to buy a gift card to pay for a Netflix subscription with your crypto. Flights Who'd have thought the day would come when you could travel the world using your crypto? If you're looking to hop on a plane without using traditional cash, that's now very much a possibility.
There are some websites that you can use to pay for flights using your Bitcoin, including Travala, AlternativeAirlines, and AirBaltic. Additionally, you can buy gift cards for accommodation using the sites we mentioned in part three of this list. Fast Food and Takeout If you're looking to grab a quick bite or book yourself a nice dinner, you may be able to use your Bitcoin funds to do so.
Starbucks, Burger King, and select Subway locations all accept Bitcoin as payment, and you can also buy gift cards with your crypto to pay for takeout via Uber Eats, DoorDash, and Deliveroo. Clothing At the moment, there aren't an awful lot of clothing companies that accept Bitcoin payments, but there are still a select few that do, including Norstrom Rack, Etsy for selected sellers , and Pacsun. Many clothing companies that accept Bitcoin use payment processors, like BitPay, to facilitate purchases, so you'll need to check what you need to do before attempting to use Bitcoin to buy clothing from these vendors.
Hardware and Tools Looking to jazz up your home a little? You can now use Bitcoin to do so. One of the U. S's biggest hardware stores, Home Depot, accepts payments in Bitcoin via the payment processor Flexa. With Flexa checkout machines now installed in their stores, Home Depot makes it easy for individuals to pay for their home improvement and hardware products using their Bitcoin.
Homeware Given that Home Depot also has a homeware range, you can grab some great additions for your home from your local store. On top of this, you can also head to Overstock's online store to buy homeware with Bitcoin, as it has a massive range of different products that you can use to spruce up your living space. Shopping with Bitcoin Is Becoming Easier and Easier As Bitcoin becomes more widely accepted, more and more companies are beginning to adopt it as a payment method.
One day, cryptocurrency payments might be commonplace, with all your favorite brands following suit. There's one site that's entirely devoted to getting you pizza with bitcoin! The market has also developed to the point that you can give gift cards with bitcoin. Popular gift card sites like Gyft and eGifter now offers the option to create and pay for gift cards using bitcoins. Whether purchasing something or using bitcoin to add funds to an online account, the process is fairly similar across the board for using it.
Click "Pay with bitcoin," give the site your wallet information often a QR code, especially if you're doing this on mobile , confirm your information, and place the order. This can be done through companies like ShapeShift, which allow for digital cryptocurrency trading. Some desktop sites may also provide the wallet address for you to send bitcoins to. Intuit has also developed a system called PayByCoin to help more businesses accept bitcoin payments.
Even cash apps like Cash App and Square are trying out bitcoin to see if this is something worth getting in on the ground floor. Try to make that order in a timely fashion, though; due to the severe volatility of bitcoin, some bitcoin merchants will only give you a minute window to complete your purchase. After that, the price may update based on the new exchange rate.
Do the proper research on whether a company is currently allowing for bitcoin use, as some may have integrated it at one point but may not be using it at the moment. Steam, Valve's video game distributing platform, stopped allowing bitcoin payments in December , citing the volatility but admitting they may come back to it. Dell claimed it was a lack of interest that led it to stop accepting bitcoin in November But there are plenty of other places that continue to allow you to pay with bitcoins.
What can you buy with bitcoin online? Depending on the retailer you choose, quite a bit. Electronics retailer Newegg has also been a big proponent of bitcoin. Computers, televisions, gaming consoles and more can be purchased with bitcoins on Newegg, with separate methods of payment depending on whether you are on mobile or desktop. Microsoft users now have the option to add bitcoins from their wallet into their Microsoft account, but also make sure you know that when you redeem bitcoin for your account, it's only available to use in the Windows Store and Xbox Store.
Other companies are acting similarly to Microsoft by dipping their toes in the bitcoin waters, and only allowing it for certain payments. Expedia EXPE is known for helping book hotels, flights, cruises and vacation rentals, but currently bitcoin payments are reserved for booking hotels. Should the bitcoin experiment succeed for Expedia, could expanding it for flights and cruises be next?
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Well the simple answer is that you can use Bitcoin for anywhere, for all of your shopping — including picking up groceries from your local mini-market. Shops do not need to accept Bitcoin directly as an increasing number do for you to be able to use your coins with them, as long as you have taken a few moment in advance to be prepared. In this article you will find four different ways to spend your coins pretty much anywhere.
Each method has its own advantages and disadvantages which I will try to make clear, but you should also do your own research to choose the method which suits you the best. Advantages: This is the easiest and most flexible method for spending your coins in physical stores around the world. You can use them in any store which accepts regular credit or debit cards.
Disadvantages: There are fees to pay, and some services require you to convert your coins to fiat in advance of making a payment. Recommendations: ANXBTC — With relatively low fees, a range of global currencies and the ability to use your card at over 25 million ATMs worldwide as well as most retail stores, this card is well worth taking a look at.
BIT-X — With most of these debit cards you need to spend your Bitcoin in advance, to purchase a pre-paid balance in fiat. So they are really very similar to ordinary pre-paid debit cards, except that you can buy them using Bitoin. There are two reasons for this: The first is improvements in cryptocurrency technology. The second is that cryptocurrency is no longer confined to an obscure corner of the financial services industry.
How to Buy With Bitcoin The easiest way to buy anything with bitcoin is to use a crypto debit card. Such cards are preloaded with the cryptocurrency of your choice. While you spend crypto, the retailer receives fiat money as payment. Crypto debit cards partner with payment-processing giants like Mastercard and Visa to ensure that these transactions occur seamlessly.
What You Can Buy With Bitcoin While the number of institutions accepting bitcoin is growing by the day, large transactions involving it are rare. For example, very few real estate deals using cryptocurrency have been reported. Even so, it is possible to buy a wide variety of products from e-commerce websites using bitcoin. Here are some of the most active categories.
Car dealerships Some car dealers already accept bitcoin as payment. The list spans a range of vehicles and encompasses luxury dealers that sell Lamborghinis a favorite with bitcoiners to those offering more utilitarian vehicles like Subarus.
Electric carmaker Tesla has become the biggest and most recent name to join the list of companies that enable you to purchase cars with the cryptocurrency. Tesla founder Elon Musk is a crypto enthusiast, based on his Twitter feed, and has said that he supports bitcoin. In March , via tweet, Musk stated Tesla would accept bitcoin as payment. But, a few short months later, Musk tweeted that Telsa was suspending bitcoin payment, citing environmental concerns.
Technology and e-commerce products Several companies that primarily sell tech products accept bitcoin on their websites. Microsoft currently accepts bitcoin only at its online store, not on its Xbox gaming platform. Overstock, an e-commerce platform selling a wide array of merchandise, was among the first sites to accept bitcoin, starting in ; its founder, Patrick Byrne, was an early proponent.
Many other sites, big and small, also allow you to purchase products with bitcoin. Two examples are Shopify and the Japanese e-commerce giant Rakuten. As far back as , Amazon said it had no plans to engage with bitcoin. That reluctance is puzzling since platforms owned by the company, like Twitch, allow and even encourage the use of bitcoin. EBay mulled allowing cryptocurrency use on its platform after the run-up in bitcoin prices in It has even bought large banner advertisements at cryptocurrency conferences.
But in , the San Jose, Calif. However, by , the company commented to Reuters and said it was looking into the future of all forms of payment, including cryptocurrency, and was interested in the NFT market. Meanwhile, PayPal, which was once an eBay subsidiary, now allows customers to buy, sell, and hold cryptocurrency in their accounts. Jewelry and expensive watches A number of luxury goods makers and retailers have begun accepting bitcoin as a form of payment. The online luxury retailer BitDials offers Rolex, Patek Philippe, and other high-end watches in return for bitcoin and other cryptocurrencies.
Luxury watchmaker Franck Muller even produced a watch encrusted with gold and diamonds and containing a QR code from the bitcoin genesis block. Some other jewelry stores have partnered with payment processors to facilitate crypto-based purchases from their stores. News media Cryptocurrency media outlets generally accept bitcoin for subscriptions or other services.
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