Where Can I Use Bitcoin to Buy Things| MENAFN.COM

Monday, 04 July 2022 03:08 GMT

Where Can I Use Bitcoin to Buy Things


(MENAFN- CCP Marketing)

Merchants are increasingly adopting crypto into their payment systems, allowing customers to pay for goods and services in Bitcoin. 

Bitcoin is undoubtedly the most popular cryptocurrency, facilitating seamless and instantaneous payments worldwide. Several merchants have already adopted crypto into their payment systems, enabling customers to pay for various products, including groceries, newspapers, and coffee in Bitcoin. However, Bitcoin usage is mainly concentrated among online merchants because it is a digital currency. So, where can one use Bitcoin to buy things? The following article discusses some of the significant Bitcoin-friendly businesses and the items you can buy from them. 

Microsoft 

Microsoft was among the first firms to adopt Bitcoin as a payment method. Since 2014, the company has accepted Bitcoin in its online platform, Xbox Store. They took a temporary pause from taking crypto due to volatility concerns but, customers can now purchase items from their Xbox store in Bitcoin. Microsoft Xbox Store now allows customers to buy various tech products in Bitcoin, including apps, games, and devices. 

Overstock 

Overstock is one of the retail brands leading the crypto adoption today, accepting Bitcoin and other cryptocurrencies. They also hold Bitcoin as an investment, making them one of the most Bitcoin-friendly businesses. Unlike most businesses that use crypto as a marketing strategy to attract customers, Overstock is seemingly in it for the long term. The platform mainly deals in household goods and furniture, with more than a million products on sale. Choose Bitcoin as your payment method during checkout to complete payment after shopping. 

NewEgg 

NewEgg is a popular name in the crypto world, dealing in crypto mining hardware. The company sells a wide range of computer hardware and devices. The good news is that they now allow customers to buy their products in Bitcoin. You can process payments to them directly or through a crypto exchange platform such as Quantum AI Trading

Home Depot 

Home Depot is America’s largest hardware chain store, dealing in many household and construction goods. They accept Bitcoin via Flexa’s checkout systems installed in their stores, eliminating all the frictions in processing crypto payments. That offers customers more options and greater convenience during checkout. 

Starbucks 

Starbucks first disappointed customers when they announced they would not accept Bitcoin directly in 2019. However, they recently changed tact, partnering with Bakkt to accept Bitcoin payments from customers. The Bakkt app is now operational, allowing all Starbucks customers to pay for coffee and other foodstuffs in Bitcoin. 

Whole Foods 

Whole Foods accepts Bitcoin through a spending app called, Spedn. The app allows customers to pay for Whole Foods’ groceries in Bitcoin and other cryptocurrencies. However, it does not limit customers to Whole Foods’ products only. Instead, you can also use the app to pay for goods and services on other platforms like Jamba Juice, Regal Cinemas, Baskin Robbins, and Gamestop. 

Why Pay for Goods in Bitcoin?

Several other merchants also accept Bitcoin payments apart from those discussed above. The other Bitcoin-friendly businesses where you can also purchase goods and services in Bitcoin include Expedia, CheapAir, Namecheap, Coincards, and Lolli. 

Unlike credit cards, Bitcoin payments are more secure and transparent due to the blockchain that validates all transactions on a shared digital ledger. Using Bitcoin to pay for goods will also save you a lot of money due to the low-cost transaction fees. Besides, Bitcoin users do not need to exchange the funds into local currencies to pay for products. Bitcoin transactions often take a few minutes to process since transactions occur exclusively on the blockchain. 

Bitcoin as a decentralized virtual currency enables you to shop and transact with online and offline merchants worldwide. Visit any of the stores discussed above to start making purchases in Bitcoin. 

 


MENAFN21122021006171013398ID1103408516


CCP Marketing

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.