While many people store cryptocurrency only for trading purposes, you may also use it to buy products and services. Here are some examples of things you can buy with Bitcoin.
Most of us use traditional currencies to pay for goods and services in our daily lives, whether by card, cash, or even our phones. However, you may now pay for a wide range of items with Bitcoin, the world’s first and most valued cryptocurrency. So, what exactly can you buy with your Bitcoin?
What can you buy with Bitcoin?
1. A car
Are you looking for a new vehicle? You might be able to use your Bitcoin to buy the one you want. While not every automobile manufacturer or dealer takes Bitcoin payments, AutoCoinCars, Post Oak Motor Cars, and BitCars are among those that do.
It is worth noting that Tesla does not take Bitcoin. Many people believe that you may use Bitcoin to buy a Tesla since the company’s owner, Elon Musk, has wavered on the choice. However, for the time being, Dogecoin is the only cryptocurrency accepted by Tesla as payment.
2. Gift Cards
While you can’t directly buy anything with Bitcoin, you can get around this by purchasing gift cards with cryptocurrency, which you can then use to pay for any number of traditional items or services.
Bitrefill is a popular website for purchasing gift cards using cryptocurrency. Bitrefill lets you use Bitcoin to purchase gift cards for thousands of businesses, including Amazon, Xbox, Steam, Nike, and Uber. But it does not end there. Bitrefill also allows you to buy gift cards using Litecoin, Ethereum, and other cryptocurrencies.
You may also use your cryptocurrency to purchase gift cards from CoinGate, CryptoRefills, and eGifter.
3. Groceries
Are you about to go food shopping? You might be able to pay for it using Bitcoin. You may buy a gift card for your preferred grocery shop or use payment processing software.
You may use your Bitcoin to buy a variety of grocery shop gift cards, including those from Whole Foods, Walmart, and Kroger. Wholefoods used to accept cryptocurrency payments directly, however, this is no longer the case.
4. Games
If you enjoy both gaming and cryptocurrency, you can now combine the two. You may buy games using Bitcoin in a variety of ways. You may purchase a gift card for the vendor of your choice, such as Steam, PlayStation, or Xbox, or you can utilize a specialized website that allows cryptocurrency payments for game purchases.
Joltfun is one such service that takes Bitcoin for game purchases. You can use this site to purchase keys for certain games or to add dollars to another game vendor’s wallet. When you purchase a key, you will receive an email with the key code.
5. Coffee
Yes, you can now use Bitcoin to purchase a basic cup of coffee. Starbucks, one of the world’s most successful and pervasive coffee businesses, will accept Bitcoin payments at checkout in 2021 after partnering with the digital wallet Bakkt. Customers only need to link their Bakkt digital wallet to their Starbucks app to be able to pay with Bitcoin at any Starbucks store.
6. Electronics
Do you need a new laptop? Are you in the market for a new smartphone? If you have any Bitcoin saved up, you may use them to purchase some tech products.
Newegg is one of the largest technology firms now accepting Bitcoin payments. Newegg accepts Bitcoin payments, along with numerous other cryptocurrencies, using BitPay, a cryptocurrency payment processing service. However, it is vital to remember that Newegg does not provide refunds for BitPay orders.
Crypto Emporium, for example, accepts Bitcoin payments for purchasing tech equipment. On this website, you can even sell your technology for cryptocurrency.
7. Subscriptions
Bitcoin may be used to purchase more than just tangible goods. You may also purchase subscriptions! If you want to sign up for a VPN service, cloud storage, or even a streaming service, you may do so using Bitcoin.
While some subscription services allow Bitcoin payments directly, others need you to go via a gift card intermediary. For example, you can use Bitcoin to pay for an ExpressVPN membership on the company’s website, but you’ll need to purchase a gift card to pay for a Netflix subscription with your cryptocurrency.
8. Flights
Who would have guessed that one day you’d be able to explore the world with your cryptocurrency? If you want to fly without using traditional currency, that is now very much a possibility. Travala, AlternativeAirlines, and AirBaltic are some websites where you may use your Bitcoin to pay for flights.
9. Clothing
There aren’t many clothing stores that take Bitcoin payments right now, but there are a handful, like Norstrom Rack, Etsy (for certain sellers), and Pacsun.
Many clothing retailers that accept Bitcoin utilize payment processors like BitPay to facilitate purchases, so verify what you need to do before attempting to buy clothing with Bitcoin from these suppliers.
10. Hoeware
Because Home Depot also sells homewares, you can get some fantastic upgrades to your home from your local shop. In addition, you may buy homeware with Bitcoin at Overstock’s online shop, which offers a vast selection of diverse things that you can use to freshen up your living area.