While many Bitcoiners prefer simply to hold their coin, plenty also love to spend it. Over its history, more and more companies have integrated support for Bitcoin. It’s not just for gambling anymore – you can purchase almost anything with it. Here CCN provides a…
While many Bitcoiners prefer simply to hold their coin, plenty also love to spend it. Over its history, more and more companies have integrated support for Bitcoin. It’s not just for gambling anymore – you can purchase almost anything with it.
Here CCN provides a detailed list of companies which are currently accepting Bitcoin as of December 2018, as well as other methods of spending Bitcoin at locations which don’t accept it directly. We noticed a lack of such comprehensive lists out there, with many of the ones we came across being severely outdated and even referencing businesses that hadn’t accepted Bitcoin in more than 2 years or some that had been out of business altogether, like Grooveshark, for years.
You can book flights, buy web domains, pay for computer products, buy household goods, and so much more with Bitcoin, and places that use BitPay for crypto transaction processing generally all support Bitcoin Cash as well. We hope this guide makes it easier for you.
The situation at present is that food is mostly purchased by Bitcoin through gift cards pre-purchased online. While there are a limited number of restaurants in major metros around the world that accept and support Bitcoin, large outfits that exist around the world are a bit slower on the uptake, so we suggest using gift cards when wanting to spend coins on food.
Bitcoin is a global currency, and the landscape of merchant adoption is ever-changing. This being the case, running a website that directs people on where to spend their cryptocurrency is a sub-industry all its own. Perhaps the elder service in that space is called SpendABit. CCN once interviewed its founder, and the site was going strong at time of writing with over 3 million products listed and verified as being able to be purchased with Bitcoin.
A newer entrant into this space is called spendbitcoins.com, and they offer a similar service.
There are two indirect ways to spend Bitcoin. One is to get a Bitcoin-powered credit card from somewhere like Xapo, Bitpay, or Uquid. There are options coming and going from the market all the time in this department, though these three seem to be standing the test of time and regulation.
Doing the above, however, requires a good deal of commitment to the company offering the credit card, and often has regional and other restrictions resulting from the global lag in Bitcoin acceptance.
As a result, a few quality sites are devoted to selling gift cards for Bitcoin. While there are plenty of sites that do not accept Bitcoin directly, almost every site where people shop these days has some form of gift card program. Between eGifter, Gyft, GiftOff, and BitRefill, you can find most major retailers like Walmart and Target as well as many chain restaurants including Dominos, Burger King, and Legal Seafood.
BitRefill also offers bill payment services. Speaking of which, Australian users can use Bitcoin to pay bills using Living Room of Satoshi or PaidByCoins, while US persons can use CoinBills or BillPayforCoins. In the EU, there is BitBill.
Perhaps one of the most impressive ways to use Bitcoin online is to spend it at Amazon through Purse.io, for a healthy discount up to 33% off regular prices. The way it works is you find something you want on Amazon, put a link on Purse.io with the amount of discount you want, and then someone buys it for you and has it sent to your house in exchange for Bitcoin. Often the Bitcoin rates are much different on Purse.io than anywhere else, to the Bitcoiner’s advantage. Purse users take advantage of Prime shipping and other Amazon perks, and thus they have not yet expanded to any other retailers.
Featured image from Shutterstock.
Last modified: January 10, 2020 9:54 AM UTC