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What to Buy with Bitcoins
What to Buy with Bitcoins: list of online merchants, aggregators and services
Guide on what to buy with bitcoins: video games, travel services, tipping and charity, gift cards, golden bullions
Many people use Bitcoin as an investment, buying the cryptocurrency in an attempt to gain a profit on its fluctuation. Others view it simply as a new way of spending money. The number of places where you can spend your Bitcoins is growing every day. Here is what you can spend your Bitcoins on:
Most major online retailers are still not accepting Bitcoins as a form of payment, but there is a way of buying products from them using only digital currency. See the Gift Cards section below.
Bitcoin’s acceptance as a payment option depends on a particular company’s decision. Hence, there are no specific markets where BTC is universally accepted. Instead, there are various companies in different sectors of services looking to expand their client bases by introducing digital currencies as a new payment option.
Back in the day, you had to visit a physical store to purchase a video game. These days, most gamers shop online. Video games are becoming a digital possession, much like digital currencies themselves. So it is only natural that more and more leading game-selling platforms are accepting Bitcoins.
There are a lot of competing travel-related services and most of them offer very similar toolkits. Offering alternative ways of payment is a great way to attract new customers. Here are some services where you can book your dream holiday and pay for it with your Bitcoins:
Donating money to charity often incurs huge fees. Moreover, some people would prefer to keep their donations anonymous, for one reason or another. Donating money in Bitcoins is a perfect way of avoiding those fees and keeping the donation anonymous.
A list of websites taking donations in Bitcoins
Unfortunately, there are very few major offline retailers that are accepting direct Bitcoin payments. However, it is possible to buy goods from most major shops using BTC, see the Gift Cards section below.
There is a mappable list of establishments that accept Bitcoin payments on Bitcoin.Travel and Coinmap.
There are several taxi dispatch services as well as airport transportation services in various parts of the world that accept Bitcoin payment. Here’s a mappable list of such companies.
A very big part of Bitcoin-related transactions are purchases of gift cards. It is by far the easiest way of buying products from both massive worldwide companies and small local businesses with the cryptocurrency, online and offline.
Several websites allow users to buy gift cards of pretty much any value with Bitcoins, among them are:
eGifter, Gyft, purse.io, Cryfter, Instagift, Yes to Bitcoins! and Fold App.
In the beginning of 2017, Recruit Lifestyle Co., Ltd partnered with Japanese Bitcoin exchange Coincheck to create a point-of-sale app called ‘Mobile Payment for AirREGI.’ The tablet-based app-enabled merchants all over Japan to easily accept Bitcoin payment.
The first rollout saw a chain of 334 eyeglasses store across Japan to begin accepting Bitcoins. Currently, there are around 260,000 commercial facilities, food establishments, drugstores and other retail locations all over the country accepting BTC.
The latest additions to the ever-growing list of merchants accepting Bitcoins include famous capsule hotels such as Comicap and Anshin Oyado, a major consumer electronics retail chain Bic Camera and Kai Corporation, which owns five unique restaurants in Japan.
For those who prefer to store their funds in a heavy, physical form there are companies such as BitGold, which specializes in utilizing gold for payments and savings, including Bitcoin. There is also a company called Amagi Metals, which has been trading Bitcoins for precious metals since 2012.
In 2013, The University of Nicosia, a private school in Cyprus, became the first university to offer a program called “Master of Science in Digital Currency.” Of course, if you wish to study this program, you can pay your tuition fees in Bitcoins.
Meltdown Comic Shop in Los Angeles recently became the first-ever comic book store to accept Bitcoins.
For those who have made their fortune with Bitcoin, there is a luxury BTC marketplace BitPremier, where you could buy a villa in Bali or an $11 mln yacht. Moreover, a US luxury jewelry chain Reeds has recently started accepting Bitcoins as well.
If you’re feeling adventurous, you can try your luck on one of the numerous Bitcoin online casinos and gambling sites.
Lastly, the mysterious dark web is filled with websites and marketplaces, where Bitcoins are accepted for a variety of goods and services, yet they are completely illegal in most countries.
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