Whether you’ve been a player in the crypto game since it became live in 2010 or you’ve just recently started dabbling it, Bitcoin and other forms of crypto are more spendable than ever. In the past, it was commonly believed that Bitcoin was merely fiat money that provided little to no worth.
All you could do with your Bitcoin in the past was buy more, sell it back in exchange for your local currency, or trade it for another digital currency. The time of not being able to actually spend crypto cash is long gone. And we’re not talking about making under-the-radar transactions to other Bitcoin enthusiasts.
We’re talking about spending Bitcoin at major retailers and services just as you would spend cold, hard cash. Here’s how you can spend your Bitcoin or another cryptocurrency just like you would real money in 2019.
Overstock.com has been accepting Bitcoin since 2014. The company was the first major online retailer to start this practice. This is why some experts say that Overstock paved the way for exchanging goods and services for crypto. You could essentially decorate your entire home with the products offered on Overstock.
They have everything from throw pillows to dining room furniture. Even if you possess a digital currency other than Bitcoin, you might be in luck. Overstock is now accepting a few cryptocurrencies, including Dash, Ethereum, Litecoin, and Bitcoin Cash.
When you visit the checkout page, just select your desired payment method. Their system will automatically convert whichever form of cryptocurrency you use into Bitcoin, so don’t be surprised by this.
If you consider yourself an adventurer, you probably like to keep an eye on upcoming flight deals. Even if you only have a small amount of cash to your name, you’re willing to book a flight at the drop of a hat. If you’re someone who has invested a bit of cash into the crypto world, you’re in luck.
There are several methods for using crypto to purchase domestic and international flights in 2019. The most well-known is a flight booking site called CheapAir, but another travel site called More Stamps Global has recently started to accept crypto as payment.
CheapAir has been accepting Bitcoin in exchange for sweet flight deals since 2013. The travel company makes the process of using Bitcoin as payment very simple. All you have to do is select your destination and travel dates, choose your desired flights, and make your way to the payment portal.
Once on the checkout page, you’ll be given several payment options, Bitcoin included. Using CheapAir with that extra Bitcoin that has been lying around is an amazing way to travel the world. Just be sure that you have your bits stored in a Coinbase wallet since this is required for the checkout process.
More Stamps Global is much newer to accepting Bitcoin in exchange for air travel. The company announced in August 2018 that they would be accepting not only Bitcoin but nearly 40 unique forms of cryptocurrencies.
Although CheapAir is a bit more seasoned in the crypto payment process, More Stamps Global offers everything from flights to hotels to transportation. You can even book your travel activities through MSG. Essentially, you could book an entire trip, all while using crypto and not needing to spend a dime of your local currency.
All casino fanatics of the world are turning to online casinos to get in their gambling fix – and potentially win some big money. As long as you live in a location where gambling online is legal, you can create an online account at a legit online-based casino. The best casino sites offer slots, table games, and even live dealer games.
Here’s an example of live dealer to give you an idea of what you’d be getting into. Not all online casinos are accepting crypto in exchange for casino funds, but many of them are dabbling into it. BitStarz is a popular one that is 100% willing to take your bits so that you can play slots, spin the roulette wheel, or hit the blackjack table.
This next method for spending crypto basically gives you access to any retailer you could ever imagine. All you have to do is purchase gift cards from eGifter and Gyft to your favorite restaurants, shops, cafes, even gas stations. If using Bitcoin for your regular spending habits is your main goal, this is the way to do it.
You can use eGifter through their website or mobile app. No matter if you use the mobile or desktop version, you’ll have access to hundreds of retailers, including Amazon, JCPenny, Home Depot, and many more. eGifter has been a long-time partner with Coinbase, which is how they’re able to accept Bitcoin.
Gyft works in basically the same way as eGifter, but they offer different options than the eGifter gift card portal. Gyft has partnered with over 200 retailers, even major travel booking sites like Southwest Airlines and Hotels.com. If you don’t want to pay for your flight or accommodations directly with Bitcoin, you can always purchase a gift card first and pay that way.
Shopify is the most reputable resource for eCommerce business owners. This platform gives merchants the necessary tools to successfully run an eCommerce store. Of course, merchants are required to pay for their Shopify accounts. But the good news is that they can now pay through a service called BitPay.
Not only can Shopify merchants pay for their access to Shopify with Bitcoin, but they can also accept Bitcoin payments from their customers. Other eCommerce platforms are following suit. If you are shopping from a Shopify merchant, there’s a very good chance you’ll be able to make your payment with Bitcoin. It’s up to each individual retailer, though, so you may need to reach out directly to see if the store will accept crypto before making a purchase.
Not only can you pay these large retailers with crypto, but there are also small merchants around the world who are willing to accept Bitcoin and other digital currencies. These days, you can even use Bitcoin to pay for homemade crafts purchased from Etsy. Many experts are predicting that the methods for using Bitcoin will just continue to increase in the years to come.