Wednesday, September 30

10 Ways You Can Spend Bitcoin

Although there are several cryptocurrencies in the digital market, Bitcoin stands to be the best in real-world adoption. Even after eleven years of successful trading and application, there is a lot of confusion about how to use the currency. Here is a list of 10 broad domains where one can spend their Bitcoins.

Buying Coffee or food

In 2018, the coffee giant, Starbucks, announced a partnership with Microsoft on the new Bakkt app. Therefore, anyone can enjoy their favorite latte or cappuccino by paying through bitcoin using the Bakkt app. There are many such mobile applications available to help in payments through bitcoins in various restaurants around the world.

Travel

Bitcoin Revolution can make traveling to favorite destinations possible. The holder can book hotels on Expedia, fly with CheapAir, or take a cruise with Ships & Trips Travel. They accept over one cryptocurrency to make things more convenient.

Home Décor

Buying a fancy dining table or fresh bedding sets is now possible with the online platform called Overstock. It sells everything from kid’s toys to smart home decor systems. This online retailer started accepting Bitcoins in 2014 and is now accepting over 60 cryptocurrencies after its partnership with ShapeShift exchange.

Gift Cards

Dealing in over 250 kinds of brands, eGifter.com accepts multiple cryptocurrencies, including Bitcoin. Some of these brands are Best Buy, Macy’s, iTunes, Dunkin Donuts, and Uber. Hence it is the best way to use Bitcoin in products where the brands don’t accept crypto payments directly.

Cars

Many auctions and car-makers accept Bitcoins for selling vehicles. There have been several examples like a car dealership in Canada sold a brand new Tesla S P85 to a customer for 5,447 LTC. Today these coins are worth more than $400,000. The world’s first Bitcoin-only automobile car boutique is famous known as Bitcars. The boutique provides unique oldtimer classic cars and premium supercars to the crypto community.

Luxury Goods

Platforms like The White Company purchase tickets to a VIP Event, rare paintings, expensive watches, and other luxury items easy. It accepts payments in Bitcoins, Litecoins, and Bitcoin Cash for all its items.

VPN Subscriptions

Since the priority of VPNs is privacy, many providers accept payments in Bitcoin along with other cryptocurrencies. Some examples are VikingVPN, AirVPN, TorGuard, and Cloak VPN. Determining VPN quality is very difficult, but if they accept cryptocurrencies, things become easier.

Charitable Donations

Several charities accept Bitcoins and other cryptocurrencies. One of them, Sean’s Outpost, is one of the biggest meal-providers to the homeless in Florida and a renowned homeless outreach charity to accept cryptocurrency.

Windows and Xbox Content

Microsoft started accepting Bitcoins in 2014 and is accepting many cryptocurrencies at large. Some transactions stopped during the crash of 2018, but they are back in action again. Therefore, buying movies, games, apps, etc. in the Windows and Xbox stores is possible.

Cloud Mining Contracts

Cloud mining has become a trendy technique that is getting along with cryptocurrency. Now, they also don’t need cash or bank transfers. Bitcoins can also help the purchase of high-end hardware.