Unexpected Things That You Did Not Know About What You Can Buy With Cryptocurrency
Most people buy and store cryptocurrencies in the hope that one day it will replace fiat currencies and therefore become more valuable. However, according to a recent survey , some of them are increasingly eager to spend them : 40% of cryptocurrency holders plan to make a purchase in the next year.
While the options are still limited (and confusing), retailers are offering more and more ways to actually use your cryptocurrency as a currency. Here are some of the things you can buy with cryptocurrency right now:
- Gift Cards: In exchange for currencies like Bitcoin and Ehtereum, sites like eGifter and Gyft offer gift cards to all kinds of retailers like Sony, NBA Store, Spotify, Southwest Airlines, and Nordstrom. Of course, gift cards present an additional challenge if you would rather spend money directly with these retailers, but for now, gift cards allow you to spend money at a large number of retailers who don’t normally accept cryptocurrency.
- Sports: The Sacramento Kings, Dallas Mavericks and Miami Dolphins accept cryptocurrency for tickets, as does the San Jose Sharks from the NHL. MLB’s Oakland A now also accepts bitcoin for a select number of luxury boxes.
- Home furnishings: American retailer Overstock offers home furnishings, home renovation supplies, and jewelry. They also accept bitcoins directly, without the need for intermediary applications or gift card exchange.
- Coffee: You need an app called Bakkt for this , but you can convert bitcoins to credits on the Starbucks app. If you are already a regular customer and user of the application, this can be a convenient way to spend cryptocurrency.
- Travel: All kinds of travel agencies accept crypto for airline and hotel reservations (we have recorded all your options here ). Standing apart is Travala , which works with Expedia; Cryptocurrency holders can also spend it on Expedia Group’s over 700,000 hotels and accommodations.
- Art: Auction houses Sotheby’s and Christie’s accept Ethereum and Bitcoin cryptocurrencies for large commodity auctions. And while this art will be completely digital, you could plunge into the highly speculative world of non -fungible tokens or NFTs. There are also a variety of marketplaces to choose from.
- Porn: Mindgeek, which has many porn sites (including Pornhub), accepts cryptocurrency, just like Chaturbate. As the New York Times notes , cryptocurrency can be used anonymously, making it the preferred payment option for people who don’t want their spending to be tracked.