Crypto has come such a long way in such a short space of time. Bitcoin has emerged as a viable payment option for purchasing goods and services online, offering speed and low transaction costs. However, nowadays, many prefer HODL rather than spend it.
Nevertheless, countless online merchants accept Bitcoin and other cryptocurrencies as a payment method for goods and services online.
In this article, we look further into all the things you can purchase online with your crypto.
Online Gaming
The online gaming industry has adopted crypto more than most, with some of the largest companies in the world, such as Gamestop, accepting it as a payment method. You can use it in-store to purchase a video game or on the website.
Moreover, online casinos are accepting crypto as a payment method for both deposits and withdrawals. This is often the case in places such as Canada because crypto gives Canadian players more flexibility compared to mainstream banking options in playing their favorite casino games online.
Nonetheless, finding online casinos in Canada takes time, but comparison sites are there to help. They provide you with comprehensive reviews of each site, give you all the accepted cryptocurrencies, and compare all the best welcome bonuses.
Property
The biggest purchase most of us will ever make is our house, but did you know you can buy property with crypto? Yes, it’s possible through many sites such as Buy Crypto Real Estate and Real Open.
The process is the same as when you purchase a house the conventional way. Lawyers are involved and once the contract between the buyer and the seller has been made, the funds are transferred.
Alternatively, you can even rent a property using your cryptocurrency. A crypto version of the vacation rental company, Airbnb called DTravel allows users to rent property or rooms with their crypto.
Gift Vouchers
Online digital gift cards are one area where cryptocurrency is accepted. Sites such as Prizeout allow you to purchase gift cards for all the biggest brands including Amazon, Airbnb, and McDonalds. You just use your crypto to make the transaction and then you’ve got store credit.
This is also the case in the online gaming world with voucher exchanges. Currently, you cannot purchase a Steam voucher with crypto directly from the site, but you can via a voucher exchange.
The seller can accept Bitcoin or any other crypto on these sites such as Crypto Voucher. As an example, the seller may have a $100 Amazon Gift card and he will sell it to anyone with the equivalent in BTC. The whole process is fast and allows both users to get what they want.
Travel
If you love traveling many companies now accept cryptocurrency as a form of payment. The most famous one is Expedia, where you’re able to book flights, hotels, taxis, and even car rentals with crypto.
Paying for all these things is as simple as when you use your Mastercard or Visa. Just choose what you want and select Bitcoin as a payment method. The easiest way is to connect your Metamask or Binance Chain account and confirm the transaction.
Other companies that accept crypto as a payment method include CheapAir, where you can book flights. After paying, you can even check in to your flight and download the boarding pass just as you would if you paid with your credit card.
Online Services
Many online services embraced cryptocurrency at its inception as a payment method. These include Virtual Private Networks (VPNs), online hosting, domain registration, and online course websites.
With many, such as VPN websites, you might even get a discount when you pay for the yearly plan with BTC. The payment is simple – pick the plan you want and send the BTC to the address provided.
Retail
Online retail stores have started accepting crypto where you can purchase everything from furniture to consumer electronics. However, because of crypto’s volatility, the price will always change on these sites.
The biggest brand accepting BTC as a payment method is Overstock. On the platform, you can buy anything for your home ranging from sofas and lighting to accessories and clothing. Making a purchase is simple, just connect your BTC wallet during the purchasing process.