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How to actually spend your Bitcoin, Explained

Altszn.com by Altszn.com
July 11, 2023
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How to actually spend your Bitcoin, Explained
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Bitcoin is accepted by various online merchants, travel companies, gift card retailers, food establishments and online service providers, offering diverse options for using cryptocurrency in transactions. While physical stores accepting Bitcoin are less common, they can be found in cryptocurrency-friendly locations.

Online merchants

Bitcoin is a common payment option accepted by many online merchants. Electronics, apparel, home goods and many other products are among the many things you can buy with Bitcoin. Major retailers that accept Bitcoin include Microsoft, Overstock and Newegg.

Travel and lodging

A number of travel companies, airlines and hotel booking websites now accept BTC payments from customers. Customers can use Bitcoin as an alternate payment method when making reservations for travel-related services, such as hotels, airlines or holiday packages.

Gift cards

You may buy gift cards with Bitcoin at a number of venues. These gift cards are redeemable at well-known stores, eateries and online services. 

Online services

A variety of online services, including web hosting, domain registration, VPN services and gaming subscriptions, can all be paid for with Bitcoin. Many online service providers accept Bitcoin as a form of payment.

AT&T, one of the major mobile carriers in the United States, has partnered with BitPay, a reputable cryptocurrency payment processor, to enable customers to make online bill payments using cryptocurrency. 

Charity donations

Bitcoin can be used to donate to a number of charities and organizations. You can donate Bitcoin to social and humanitarian causes by using one of the many organizations and charity institutions that accept it.

Physical stores

The acceptance of Bitcoin in physical stores can vary widely depending on the location. Therefore, you must verify with the specific store before making a purchase.

For instance, All Star Pizza in Miami, Florida accepts BTC via Menufy, an online food ordering and delivery platform that allows restaurants to integrate with their existing websites, allowing customers to browse menus, place orders and make payments online.

Related: How can UK-based businesses accept Bitcoin?





Read More: cointelegraph.com

Tags: BitcoinBTCExplainedspend
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