Cryptocurrency was presented a few years ago as another fantastic gift of technical breakthroughs, but it wasn’t immediately popular. However, as time went on, more and more individuals throughout the world discovered this e-currency that allowed them to do so much more easily.
From making investments to purchasing gift cards, actual gifts, and simply shopping for yourself, the future is all about bitcoin. The fact that the global user base of cryptocurrencies increased by 190 percent in two years, from 2018 to 2020, demonstrates their expanding impact.
However, many people still don’t understand it and have a lot of questions when it comes to buying products using cryptocurrency. So, if you’re perplexed, we’ve compiled a list of the top 5 items you can buy with your cryptocurrency.
Items You Can Purchase With Cryptocurrency
Buying gift cards with your Cryptocurrency is, without a doubt, one of the greatest alternatives. Many well-known websites provide gift cards that you may give to friends and family or use to shop online. Furthermore, gift cards are not restricted to online users; they can be redeemed in any business.
Despite the fact that only a few brands and businesses accept cryptocurrency as payment, the convenience and diversity of these gift cards cannot be overlooked.
Coingate is a well-known and reputable service for purchasing gift cards. You can buy gift cards for a variety of well-known websites, such as Flipkart, that do not accept direct bitcoin payments. Purchase a gift card with your crypto and redeem it on the website as a modern-day hack.
Are you in the market for new furniture? Overstock is willing to accept your Bitcoin. Simply add the items to your cart and select “Pay with Bitcoin” at the checkout. Of course, there’s a catch. Only Overstock.com gift cards, in-store credit, Club O points, and/or discounts can be combined with bitcoins.
Consider Fancy.com if you’re seeking high-end furniture. Fancy, which is based in New York City, sells its merchandise through customers submitting images on social media. You can use Bitcoin or Bitcoin Cash to pay for your purchases on Fancy.
In the United States, purchasing pizza with bitcoins is still difficult. But it is possible. To get started, you’ll only need a third-party app.
To order Domino’s Pizza using bitcoins, you’ll use a service called Lightning Pizza to transfer small amounts of your money to the eatery.
While you’re thinking about food, there are a few fast-food establishments that will accept cryptocurrencies as payment. Subway is one of them. Over the last decade, a number of locations have announced their support of Bitcoin.
A pair of socks
Yes, bitcoins may be used to keep your feet warm. MtSocks sells a variety of interesting socks that can be purchased using bitcoins.
The Unisocks Exchange allows you to buy and sell socks using digital currency if you’re looking for a stock exchange. To get started, you’ll need to connect your digital wallet.
There aren’t many places where you can buy candy with bitcoins because of the processing fees that come with smaller purchases. SweetBit, a Bitcoin-enabled candy dispenser, was created by one manufacturer.
Airline tickets and lodging
Everyone is in desperate need of a relaxing holiday, especially after Covid’s travel limitations. The good news for travel enthusiasts is that you can now pay for your tickets, hotel reservations, and so much more using your cryptocurrency.
While not every airline accepts cryptocurrency as a payment method, CheapAir and Webjet do. Not only can you pay for your airplane tickets with crypto, but you can also pay for your hotel rooms with it.
Purchasing international travel tickets using cryptocurrency is unquestionably one of the most astounding breakthroughs in contemporary history. What’s more unexpected is that if you travel to the United States, you might even locate Bitcoin ATMs in select places.
Car Purchases and Rentals
For those cryptocurrency aficionados who also enjoy cars, you may use your cryptocurrency to purchase Tesla, one of the most popular vehicles on the market today. BMW is another prominent automobile manufacturer that has joined the list; however, purchasing BMW using bitcoin is presently only accessible in the United Kingdom.
In case you’re wondering, the list doesn’t end there. Many rental companies have also entered the crypto game and begun to accept it as a viable payment option. As a result, you can use your cryptocurrency wallet to hire out your favorite car.
Products sold on the internet
Several well-known companies accept cryptocurrencies as payment for their goods and services. PayPal, a former eBay subsidiary that now allows clients to purchase, sell, and store bitcoin in their accounts, is one of the most well-known companies on the list. Newegg, AT&T, and Microsoft are among the other well-known websites.
Aside from its Xbox gaming platform, Microsoft’s online store accepts cryptocurrencies for software purchases. Overstock is a well-known eCommerce site that brings together a variety of businesses under one roof and supports cryptocurrency payments.
Not to mention, well-known luxury manufacturers such as Rolex and Patek Philippe, who offer high-end watches, accept cryptocurrency payments. Other high-end jewelry companies have partnered with cryptocurrency to simplify payment processes and allow customers to use their crypto wallets to make purchases.
The luxury watchmaker Franck Muller produced a watch studded with gold and diamonds with a QR code from the Bitcoin genesis block, demonstrating the expanding importance of crypto payments in the world of luxury businesses.
Services for Networks
Acceptance of Bitcoin as a viable payment option differs from firm to company. Various organizations in various sectors are now providing digital currencies as a new payment option so that customers can avail of their services online in order to increase their worldwide clientele and cater to a bigger number of individuals. Reddit, ExpressVPN, WordPress, and NordVPN are just a few of the well-known organizations that now accept cryptocurrency payments.
Other firms that support the usage of cryptocurrencies as a payment method include Shopify and Twitch. To summarise, you can spend your crypto money on a variety of items such as clothing, accessories, software, technological equipment, and much more.
With the globe getting more advanced every day, cryptocurrency will undoubtedly become an internationally accepted payment option one day. Apart from the five items stated, cryptocurrencies can now be used to purchase a variety of other services and products.