Cryptocurrencies are often used as investments, but there are a number of goods and services you can buy with cryptocurrency. So, what can you buy with cryptocurrency(2022)?
Here is a list of what you can buy with cryptos -
(NOTE: a given company could start accepting more cryptos or less.)
- Shopify and Square. These platforms let small business accept crypto.
- Many websites including WordPress, Newegg, Etsy, and Overstock.
- Steam (the PC gaming service). Steam was accepting Bitcoin, but Bitcoin's rapid rise in value caused them to pull out of that deal. Perhaps they will accept another cryptocurrency moving forward.
- Gambling sites, the New York State lotto, and some Casinos (like the D). If your country or state allows gambling, then there is a good chance you can find a gambling site that lets you gamble with crypto. I don't advise it, but it is a thing.
- Anything on Ethereum's blockchain. Any application on the network is bound to accept payments in Ether. From crypto kitties to ICOs, you can buy it with Ether.
- Any Place that Accepts Crypto Credit Cards. Essentially you can buy anything that you can buy with a credit card if you put your Bitcoin on a Bitcoin credit card like Shakepay, BitPay, or Shift Card. Obviously, the entity needs to accept that card .
- Cryptocurrencies. One of the best things to buy with cryptocurrency is more or different cryptocurrencies. They might rise in value faster than a product or service.
There is more than one place to spend your Bitcoin and more than one company which accepts Bitcoin and other cryptos as payment. As digital currency grows in popularity, we can assume even more entities will start accepting cryptocurrency.
