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What Can You Buy with Cryptocurrencies?

29 Jul 2022 | Cryptocurrency news

There are a lot of skeptics looking down on the crypto market as of late, mostly due to the value decrease that most cryptocurrencies have been subjected to, specifically Bitcoin.

Sometimes people might not realize while the crypto market is very volatile, it is also slowly yet surely being normalized to the point where we can use crypto coins and tokens in everyday use.

While this does not apply to every purchase whatsoever yet though, we can still see that using cryptocurrencies to purchase services, assets or everyday items has been largely successful.

So, in this short article we will be discussing what you can already pay with cryptos, starting with:

Online Shopping 

Believe it or not but it has become quite common to pay for stuff using BitPay these days. For those that are unaware of what we’re talking about here, BitPay is a Bitcoin payment service provider which allows users to pay for anything they want using their Bitcoins. 

There are plenty of websites that allow you to use this app to pay for stuff, including Uber, Barnes & Nobles, Hotels.com, and even Airbnb and DoorDash. 

On top of that, depending on the state that you live in currently, you could also use your crypto wallet directly to pay for stuff, although you will have to look up the place you want to purchase your items from and whether they allow this in the first place before you proceed. 

YouTube Services 

One of the most accepting platforms on the open market right now has been YouTube since they’ve made it their life goal to adopt and support cryptocurrency payments by now. 

You can do anything you want with your crypto wallet on the platform, including donating money, purchasing products, or anything from the creators directly.

Sports and Entertainment Venues 

We all love watching and taking part in sports, gaming, and entertainment venues, so let’s just say that it’s not exactly that surprising to see their integration of crypto as a viable payment option. 

Some of the biggest names in the industry that allow you to pay with a crypto wallet include Twitch, AMC Theaters, Dish TV, Dallas Mavericks, and Sacramento Kings. 

These may sound limiting, but as time moves on more and more of these venues will be available for us, so definitely keep an eye out for your favorite sports or gaming event to see if they attempt to integrate cryptocurrencies into them. 

Travel Expenses

Depending on which website you use to pay for your travel expenses, you can use your crypto wallet to cover everything and more. 

For example, you can purchase different flights if you use CheapAir with Bitcoin or most any other cryptocurrency out there. 

Some other websites such as Expedia will only allow you to book your hotels using your crypto wallet, while other, more popular platforms such as Uber, Airbnb, and the Royal Caribbean are limited to Bitcoin use only. 

Physical Store Payments

This again largely depends on the place you live in, but it is actually not that unheard of for the stores around you to have the option available to allow you to pay for anything using your crypto wallet. 

This will require you to do some research or maybe just ask around to make sure, but for the most part, as long as the place you’re shopping in is up to date with the recent crypto developments, let’s just say that it’s pretty obvious that they’ll be as supportive of the industry as possible. 

Amongst the most popular ones you can go to right now though you have the following: 

  • Microsoft 
  • Overstock 
  • Home Depot 
  • Namecheap 
  • Starbucks 
  • Whole Foods
  • NewEgg
  • Tesla

Top Cryptos Used for Payments 

There are quite a lot of crypto currencies that you can use to facilitate any of the payments mentioned above, but by far the most popular of all of them has got to be Bitcoin. 

This is mostly thanks to BitPay becoming so popular as of 2022, but the more time passes, the obvious it is that more and more cryptos will be accepted by the world, so definitely keep a close eye on the changes that the near future will have to offer. 

Other than Bitcoin though, these following cryptocurrencies are also accepted in a lot of different venues: 

As always, you can purchase any of these cryptocurrencies and more with Fiat directly on our website. If you want to see every option you have you can always just check out here!

Conclusion 

As time moves on, we will most likely see the full integration of the crypto market into our very own lives. We are already witnessing how the governments of the world are trying to get a better grasp of the potential of cryptos, which is why they’re actually so supportive to begin with. 

Hopefully within the next couple of years or so we will be able to go anywhere we want and make any purchases we want using our crypto wallet, but until that day comes, you can still use your profits to purchase any of the items and services we mentioned above.