What You Can Buy With Bitcoin
- May 12, 2023
- Will Turner
Are you looking to buy goods and services using cryptocurrency? Then, you will be pleased to know that Bitcoin, the world’s first and most valuable cryptocurrency, can now be used to purchase a wide variety of things. Many people hold crypto for trading purposes only, but you can also use them to pay for different products and services and you can easily buy bitcoin instantly with debit card. So, what can you purchase with your Bitcoin funds? Here are 12 things that you can buy with Bitcoin.
1. A Car
Do you have your eyes on a new car? You might be able to use your Bitcoin to buy it. Some car manufacturers or dealerships accept cryptocurrency payments, including AutoCoinCars, Post Oak Motor Cars, and BitCars. However, Tesla does not accept Bitcoin. While Elon Musk, the company’s owner, has gone back and forth on the decision to accept Bitcoin payments, Dogecoin is currently the only cryptocurrency that Tesla accepts for payment.
2. Your Morning Coffee
You can now even buy a simple cup of coffee using Bitcoin. Starbucks, one of the world’s most popular and widespread coffee chains, partnered with the digital wallet Bakkt in 2021 to allow for Bitcoin payments at checkout. Customers just need to add their Bakkt digital wallet to their Starbucks app, and they can quickly and conveniently pay using Bitcoin at any Starbucks location.
3. Gift Cards
Although you can’t buy anything you want directly with Bitcoin, you can get around this issue by buying gift cards using crypto, which you can then use to pay for any number of products or services traditionally. Bitrefill is a particularly popular site used to buy gift cards with crypto. You can buy gift cards for thousands of brands using your Bitcoin, including Amazon, Xbox, Steam, Nike, and even Uber. Additionally, you can buy gift cards with your crypto on CoinGate, CryptoRefills, and eGifter.
If you have some Bitcoin funds stored away, you can use them to buy tech products such as a new laptop or smartphone. Newegg, one of the largest tech companies, currently accepts Bitcoin payments via BitPay, a crypto payment processing app. However, it’s important to note that Newegg does not offer refunds for any purchases made via BitPay. Several other companies also accept Bitcoin payments to buy tech products, such as Crypto Emporium. You can even sell your tech for crypto on this site.
You may be able to use Bitcoin to pay for your weekly grocery haul. You can either purchase a gift card for your selected grocery store or pay via a payment processing app. You can buy many different grocery store gift cards with your Bitcoin, including those for Whole Foods, Walmart, and Kroger. Wholefoods used to accept crypto payments directly, but this is no longer the case.
If you’re into both gaming and crypto, you can merge the two. You can buy a gift card online for the vendor of your choice, such as Steam, PlayStation, or Xbox, or you can use a dedicated website that accepts game payments via crypto. Joltfun is a prime example of a website that accepts Bitcoin for game purchases. Using this site, you can either buy keys for specific games or add funds to another game vendor wallet. You’ll then receive an email containing the key code when you buy a key. You can then use this to activate the game on a supported platform. Other sites, such as Keys4Coins, also offer the same service.
You’re not only able to buy physical products with Bitcoin. You can buy subscriptions too! Whether you want to sign up to a VPN provider, cloud storage, or even a streaming service, you can use your Bitcoin to do so. Some subscription services accept Bitcoin payments directly, but you’ll have to check with each provider to see if they accept it. For example, you can pay for an ExpressVPN subscription on the company site using your Bitcoin, but you’ll have to buy a gift card to pay for a Netflix subscription with your crypto.
It’s incredible to think that you can now use cryptocurrency to travel the world. If you’re looking to book a flight without using traditional cash, it’s now a possibility. A number of websites now accept Bitcoin payments for flights, including Travala, AlternativeAirlines, and AirBaltic. Moreover, you can also purchase gift cards for accommodation from the websites we mentioned in part three of this list. With these options, you can easily plan your next trip using your Bitcoin.
9. Fast Food and Takeout
Using your Bitcoin funds to grab a quick bite or treat yourself to a nice dinner is now possible. Major food chains such as Starbucks, Burger King, and select Subway locations accept Bitcoin payments. You can also buy gift cards with your crypto to pay for takeout orders from popular food delivery services like Uber Eats, DoorDash, and Deliveroo.
Although there aren’t many clothing companies that accept Bitcoin payments yet, there are still a few select ones that do, such as Nordstrom Rack, Etsy (for selected sellers), and Pacsun. However, keep in mind that some clothing companies that accept Bitcoin use payment processors like BitPay to process payments. Before attempting to use Bitcoin to buy clothing from these vendors, be sure to check what steps you need to take.
11. Hardware and Tools
Home improvement and hardware enthusiasts can now use Bitcoin to pay for their purchases at one of the largest hardware stores in the US, Home Depot. Home Depot accepts Bitcoin payments via the payment processor Flexa, and with Flexa checkout machines now installed in their stores, paying with Bitcoin has become much easier. So, whether you’re looking to jazz up your home or upgrade your tools, you can now do so using your Bitcoin funds.
If you’re in need of some new decor and furnishings for your home, don’t overlook Home Depot’s homeware selection. You can find everything from stylish throw pillows to functional kitchen gadgets at your local store. And if you’re looking for even more options, check out Overstock’s online store where you can use Bitcoin to purchase a wide variety of homeware products. With so many choices, you’re sure to find something that will add a little extra style and comfort to your living space.
13. Cryptocurrency Education
Are you interested in learning more about cryptocurrency, how it works, and how to invest in it? Well, you can use your Bitcoin funds to pay for that education.
Several websites offer courses and educational materials on cryptocurrency, and many of them accept Bitcoin payments. Some examples include Udemy, Coursera, and edX.
Overall, the number of things you can buy with Bitcoin is growing every day, and the options for using cryptocurrency in day-to-day life are expanding rapidly. From buying a car to paying for your morning coffee, the possibilities are endless. And with the rise of stablecoins like USDC and USDT, the use of cryptocurrency for everyday transactions is becoming even more accessible and user-friendly. So, whether you’re a seasoned crypto investor or just starting to dip your toes into the world of cryptocurrency, there are plenty of ways to use your Bitcoin and other digital assets to purchase goods and services in the real world.