In the past five years or so, buying and selling Bitcoin has become quite common on the internet. Thousands of people have invested in Bitcoin. However, even today, spending Bitcoin is considered a confusing affair for many.
Even many who invest in BTC don’t realize the actual possibilities of spending this most known cryptocurrency. In light of this curious thing, we thought we would intervene. Coins shield prepared a small guide on ways to spend Bitcoin for your day-to-day needs.
To make things easier to understand, we have split the options in two categories.
Finding Businesses that Accept Bitcoin
Thousands of businesses across the globe accept Bitcoin as a payment method. There are even some unique establishments where Bitcoin is the only form of payment. Several companies out there want to accept Bitcoin as a part of their hybrid payment system.
Here are few websites that helps you find businesses that accept Bitcoin:
BitcoinWide is probably the best way to know which businesses accept Bitcoin as payment. For instance, you can search for the term ‘pizza’ on BitcoinWide, and it will show you all the pizza places where you can spend Bitcoin. BitcoinWide is also a business directory, where you can quickly access the contact info, location, and the official website of a selected business entity. We wish if the service had better options to filter results, though. Sometimes, when you search for generic terms, results from different countries pop-up.
Spendabit is another search engine that helps you spend Bitcoin with ease. In this case, however, you would be searching for products instead of business ideas. For instance, if you want to buy an iPhone 12 Pro using Bitcoin, you can search for Spendabit for the keyword. The site will show you individual product listings with essential information. In this case, you can find thousands of places that sell the iPhone 12 and accept Bitcoin. You can also receive some discounts through the website.
Coinmap.org is an innovative way to find local businesses where you can spend Bitcoin. The site can detect your current location and indicate places that accept cryptocurrency tokens. While there is no option to filter the results based on the coin, you can stop worrying since Bitcoin is the gold standard of cryptocurrency. On the bright side, you can use Coinmap.org to find Bitcoin ATMs as well. So, even if you can’t find a place that accepts Bitcoin, you can convert your BTC to cash right away. Sounds good, doesn’t it?
Cryptwerk is another business directory that helps you find places that accept Bitcoin and other tokens. The difference is that you can find online stores like web hosting services that accept Bitcoin. Therefore, if you’re looking for ways to spend Bitcoin the most digital way possible, you should check out Cryptwerk. On the flip side, you can use better options to filter the results. In the end, Cryptwerk helps you find even the unusual places where you’d discover Bitcoin support.
With the help of these coins, you can easily find spaces to spend Bitcoin — offline and online, without a problem.
Other Ways to Spend Bitcoin
While the methods mentioned above are for spending Bitcoins directly, there are less direct ways to go about things. Listen to this:
Even when websites like Travala.com let you pay for your next trip using Bitcoin, companies like Airbnb do not accept cryptocurrency. To overcome this situation, you can use the following services. Ultimately, all these services help you spend (convert and) spend Bitcoin.
Bitrefill is a super-useful website that sells gift cards for popular services, and you can pay for these gift cards via Bitcoin. You can find e-gift cards for many services, including but not limited to Airbnb, Uber, Amazon, Google Play, Walmart, Apple USA, eBay, etc. Of course, you may have to pay a small commission to the gift-making site, but that’s quite negligible compared to the convenience you get. You can even refill your prepaid phone numbers using Bitcoin via this site.
Let’s just say you received a considerable amount of returns from your Bitcoin investments. In that case, you may want to help nonprofits and charities across the world. You can use a site called Bithope, which is one Bitcoin crowdfunding platform for charities. You can explore multiple campaigns on the site and choose one that suits your expectations. By the way, if you’d like to donate to charities directly, you can explore options like Wikipedia and Red Cross.
In addition to these, some luxury brands and service providers accept Bitcoin since it is convenient for high-value payments. So, you can check them out too.