Bitcoin how to spend

How to Spend Bitcoin – All Your Options in One Article

After holding onto your BTC patiently, it’s now time to use some of it!

Over the last couple of years, Bitcoin has managed to make an impressive price recovery. More businesses are now adopting blockchain technology, and the popular cryptocurrency has proved its ability to survive both the downturns of the market, as well as Black Swan events.

With this, many users find themselves at a profit and are now wondering how to spend Bitcoin. The money they invested a while ago is now worth a lot more, proving the coin’s potential as a store of value.

Now, it’s time to explore Bitcoin as an alternative form of payment. See how easy you can use it for digital payments. But is this really better than HODLing on even longer?

Why you should use your Bitcoin

Bitcoin is a great way to pay for things on the web in a fast and easy way. While the majority of investors prefer to HODL, Bitcoin’s primary use case is its function as an alternative currency.

By sending BTC from one wallet to another, a tiny fee is paid to the miners in the network. The more transactions made on the network, the higher the amount these miners receive. As a result, the Blockchain is supported by more nodes, which in turn increases the security of Bitcoin.

So let’s see how to spend Bitcoin, exploring the different possibilities available. Further below, we will show you the steps required to actually spend your coins, so make sure you read until the end.

Where to spend Bitcoin – All your different options

Back in Bitcoin’s early days, the only thing you could do was send Bitcoin directly to others. As time went on, more and more platforms started offering the opportunity for users to start exchanging Bitcoin for products and services, as was the case with Silk Road.

Those early days are now long gone, and Bitcoin has evolved massively. Currently, there are many more different ways to spend your Bitcoin. While, in essence, you still send your BTC to other wallets, there are not systems in place to allow a larger variety of options. Let’s take a look at the different ways to use your funds.

1. Send it to friends or family

Have you ever wondered how to send Bitcoin to a friend? What about a family member? Sending BTC to others is a great way to get them interested in the concept of cryptocurrency. When a financial reward is highly likely to occur, people will show more interest and follow the news of the market. Didn’t we all start this way?

If you decide to send BTC to others, make sure they understand how to properly store it. Show them how to create a wallet and save the seed phrase. Otherwise, there is a high chance of them losing access to the Bitcoin you send them.

2. Donate it to charity

While there is no chart that illustrates the amount of BTC donations year over year, it has been observed that there are more donations when the cryptocurrency is performing well. In 2017, Fidelity Charitable received more than $69 million in donations from cryptocurrencies.

This, in turn, motivated several big organizations to structure an easy way to donate crypto for a broad number of causes. Websites like Binance.charity and GiveCrypto are some of the most popular options when looking to donate Bitcoin and other cryptocurrencies.

Additionally, you may often see non-profit organizations accepting direct BTC donations for their services. Popular examples include Wikipedia, Wikileaks, and others. Even the world’s most popular charities, like Unicef , and the Red Cross are now accepting BTC.

Ideally, you’d want to perform some preliminary research into the organizations that you’d like to support, and see which accept BTC.

3. Use it on retailers that accept BTC

One of the biggest improvements for Bitcoin in the last two years is the possibility for merchants to accept Bitcoin payments. This happens in two ways:

1. The merchant wishes to receive Bitcoin for their product/service, and thus allows their customers to send BTC to their wallet address. We have previously created an extensive list that outlines many different stores that support BTC payments. You can check the 160+ stores here .
2. The merchant wishes to receive fiat currency but implements a payment gateway, allowing customers to pay using cryptocurrency. The coins will then automatically convert into FIAT currency, which the merchant receives in their bank account. This is possible through widgets like Coinbase Commerce and Bitpay .

The number of merchants and retailers that are accepting BTC is constantly growing. We expect to see a lot more platforms adopt cryptocurrency payment gateways in the short-term future.

4. Exchange BTC with gold and other precious metals

If you have been holding Bitcoin for its investment potential, you probably know about the importance of diversification. In essence, the risk is decreased by investing your money into several investment options. If one of your investments ends up performing badly, your overall portfolio will not be affected that much.

This is where gold, silver, and other precious metals come in. When wondering how to spend Bitcoin, you will also be able to exchange your digital coins for precious metals. This will effectively turn your investment from a “high-risk high-reward” option, into a more stable store of value.

We recently published a guide that educates people on different ways to purchase gold. In it, you will also find a number of platforms that accept Bitcoin payments in exchange for precious metals.

5. Use it for traveling

Apart from products and services, you can also use Bitcoin to buy experiences – more specifically traveling.

You can purchase plane tickets, train tickets, bus tickets, and any other means of transportation, by using your BTC.

You can even book hotel rooms or cruises. Once again, you can start by checking this list . In the next section of this article, we will give you an overview of the steps you need to follow to purchase a plane ticket using BTC.

6. Dip your toes in online gambling

For those that like to enjoy some gambling in a responsible manner, there are several online casinos that accept BTC deposits. Users can use their crypto to place bets, play poker, or try their luck on digital slot machines.

Here is a short list of trustworthy gambling platforms:

Note that most platforms will offer a lucrative starting package, which usually multiplies the amount of BTC you choose to deposit. Make sure you check all the platform shown above and decide which fits you best.

7. Get gift cards

Another great way to spend your Bitcoin is by getting yourself some gift cards. The options are literally endless, and there are several websites that list all the available options. To get started, head over to eGifter.

Once there, scroll down, and you will see 100’s of different options, across several industries. Choose the gift card you like most and buy it using BTC. You can now redeem the card or give it as a gift.

Other websites that support this function include:

How to spend Bitcoin – The process explained

Obviously, when looking for a definite guide on how to spend Bitcoin, it will look different depending on the type of product (or service) you wish to buy. When buying electronics online, the process will look different that the process you follow when making a donation to charity.

In this article, we will give a brief explanation of the steps you need to follow to buy plane tickets using Bitcoin. The process is just as easy as buying with another payment method. Let’s see how it works.

Step 1 – Have some Bitcoin in your wallet

Before you are able to pay with Bitcoin, you first need to have some BTC in your possession. To do this, you will first need to create a wallet and buy some Bitcoin. We recommend Electrum or Bitpay , as they are both popular and easy to use by beginners.

• Download the wallet and follow the on-screen instructions to install it on your device. In our case, we are using Bitpay, which can be downloaded both as a desktop and mobile wallet option.
• Once the wallet is set up, head over to Paybis, and buy any amount of Bitcoin using your preferred payment method.
• Enter your Bitcoin wallet address (public address) to indicate where you wish the BTC to be sent.
• As soon as you make a payment, the Bitcoin will be sent to your wallet.
• Once the funds become visible, you will be able to use them as you please.

Step 2 – Decide how you want to spend your coins

In the section above, we showed you where to spend Bitcoin. While these are certainly not all your options, they are a great place to start. Choose how to spend Bitcoin by picking one of the options.

Head over to the website of your choice and make a new order. In this example, we want to buy plane tickets. Therefore, we will give you a brief step-by-step on how to buy tickets using airBaltic. Note that the process will look similar for all airlines that accept BTC.

Step 3 – Make a Bitcoin payment

As soon as you select the flight of your preference, and arrive on the payment page, select cryptocurrency as your payment method.

The moment you arrive at checkout, you will be able to select which cryptocurrency you want to pay with. Choose Bitcoin.

Select the wallet you want to use for this transaction. The system will ask you this question to later offer you the possibility of a payment request. While you don’t need to pay directly from your wallet, you will need to select the wallet you are paying from.

As soon as your Bitcoin wallet is selected, you will proceed to the payment page. Once there, you will see the amount you need to pay, a QR code of the wallet address and an option to send a payment request directly to your wallet.

The most common way to complete the payment is by doing so manually. Copy the BTC wallet address by clicking on the orange BTC symbol in the middle of the QR code. Then, head back to your wallet.

You will now need to send the coins from your wallet to the wallet of the recipient. As soon as the transaction is completed, you will receive a payment confirmation and your plane tickets.

Conclusion

Bitcoin was created as an alternative way to store and use your money. While there are many benefits – mostly profit-oriented – in storing your Bitcoin away for a long time, this is not your only option. You can spend Bitcoin in many different ways and on many different things.

In this article, we looked at the most common options, but these are certainly not the only ones available. To sum up, here is what we looked at:

• Sending your BTC to friends and family
• Making donations to charity
• Paying at stores that accept Bitcoin
• Exchanging Bitcoin for precious metals
• Spend your Bitcoin on traveling expenses
• Use your funds for online gambling
• Buying gift cards for yourself or loved ones.

Now that you have a better idea of the different options, as well as the steps involved, you can go ahead and use your coins. Doing so empowers the blockchain and shows the unlimited potential of Bitcoin, not only as a store of value but also as an alternative currency.

As always, make sure to let us know what you think and, in case of questions, leave a comment in the section down below.

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Where Can I Spend Bitcoin in 2021? The Ultimate List

I’m sure you do not often ask yourself: “Where can I spend Bitcoin!?”

I know. I know. You love to HODL ; grip your bags of coins tightly to your chest and never let go. But why?

There are so many fun places to spend it! What’s the use of HODLing all your wealth, like Smaug in The Hobbit? Better to live like a king.

Therefore, I present the Ultimate 2021 list of places and websites where you can spend Bitcoin.

Quick note. This list isn’t just for spenders. It’s for sellers too. Did you know that Shopify offers thousands of sellers the ability to accept BTC? It’s true. There are myriad of creative ways, shops, and websites where you can spend Bitcoin. Read on for all the details.

I’m sure you do not often ask yourself: “Where can I spend Bitcoin!?”

I know. I know. You love to HODL ; grip your bags of coins tightly to your chest and never let go. But why?

There are so many fun places to spend it! What’s the use of HODLing all your wealth, like Smaug in The Hobbit? Better to live like a king.

Therefore, I present the Ultimate 2021 list of places and websites where you can spend Bitcoin.

Quick note. This list isn’t just for spenders. It’s for sellers too. Did you know that Shopify offers thousands of sellers the ability to accept BTC? It’s true. There are myriad of creative ways, shops, and websites where you can spend Bitcoin. Read on for all the details.

Bitcoin Payments Aren’t Dead, They’ve Just Gone Niche — Leigh Cuen

Shop ‘til you drop!

Purse.io

For whatever you need. And I do mean whatever, check out Purse.io — they help you buy anything you fancy when you want to spend bitcoin on Amazon — for crypto!

SpendaBit

Hands down the easiest, breeziest way to buy whatever you’re looking for with Bitcoin. Spendabit is like the Google of spending with crypto. Just type in anything (“graphics card,” “tshirt,” “glasses”) And their niche search engine will tell you where to buy it. Easy.

Newegg.com

Fancy a new computer monitor? One of those 4k, ultra HD, gaming ones? Anything PC and laptop related, parts included, can be purchased on Newegg, one of the websites that accept Bitcoin.

Rakuten. Shop. Earn. Get Cash Back.

You want to spend your Bitcoin, but perhaps there are some items that aren’t available on Amazon because they’re too exotic or too new? Rakuten and their Tokyo based company should fit the bill.

Feeling Lucky, Punk?

Sportsbet

Sportsbet is a global sports betting spot who accepts bitcoin. They even offer betting on MMO’s and online games such as DOTA2. Though they have MMA too.

BetOnline

BetOnline is one of the leading sports betting sites which operates in many countries with have regulatory issues, such as the U.S., UK, and Australia. And guess what? They accept Bitcoin and other cryptocurrencies.

NitrogenSports

Say you enjoy getting specific. You enjoy following and betting on football, tennis, or women’s basketball. You can find all things sports on NitrogenSports. You just need to know how to pay with bitcoin.

Betcoin

Be an online James Bond. Dress in your best suit. Mix a martini. Sit down at your PC or phone and test your luck on Betcoin. Blackjack, horse betting, roulette, you name it. Betcoin is another place that accepts Bitcoin.

FortuneJack

Care to widen your opportunities? FortuneJack has sports betting, dice, casino, live casino, and even a fascinating area called Provably Fair. After you’re done winning — go shop with BTC.

Travel on Bitcoin

This is my favorite category, as I traveled the world for 1 year — on 1 Bitcoin. Wish I knew about these sites. Certainly could have extended my 1 BTC with these travel sites.

TravelbyBit

TravelbyBit does it smart — they list upcoming Blockchain events, conferences, and summits — and help you get there. Hopefully when you arrive at those blockchain conferences they’ll also let you pay with Bitcoin.

CheapBizClass

Why travel all cramped next to crying kids — when you can fly business class for the same price.

Destinia

Hotels, flights, and travels — all using crypto. With Destinia, the horizon is yours for the taking. Ideal when you ask yourself: “where can I spend bitcoin.”

ABitSky

Cheap flights, long haul flights, exotic vacation destinations — all right from ABitSky.

AirBaltic

Live in the Baltic region of Europe? AirBaltic offers flights all over Europe, all for crypto — I just wish I knew where to spend bitcoin when I got there.

CheapAir

If you’d like to stretch your coins as far as they’ll go — something I’m quite familiar with — then CheapAir is a godsend. It’s one of the biggest websites that accept cryptocurrency.

Future.travel

Future.travel claims to have a great way of catching airfare at its cheapest. You be the judge.

AirTreks

Need to go from point A to point B via Point C and can’t miss Point X? AirTreks say they’re the #1 solution for complex trips.

BtcTrip

BtcTrip’s name says it all. So does their slogan “Fly with Bitcoin.”

PrivateFly

If you’re a whale — well then why not book a private jet with PrivateFly? It’s the easiest way to join the mile high club! For those prices, I hope they’ll even teach you to say “where can I spend bitcoin?” in the language of the countries you fly to!

MoreStamps

Seems like these days for those traveling on crypto — they’re spoiled for choice. MoreStamps another place to find flights, trains, and hotels.

CryptoCribs

Now if you’re a fan of AirBnB — Cryptocribs is a site almost exactly like AirBnB except it accepts Crypto.

Bitcoin.travel

Bitcoin.travel is a slick, modern site for standard travel needs. Really spoiled for choice here since they are one of the many companies who accepts bitcoin and other crypto.

Food = Life

ArrowHead Beef.

Beef, it’s what’s for dinner. Get your steaks, ribs, and filet mignon on ArrowHead Beef. I just wish it was one of those places that accept bitcoin near me. But hey, they deliver!

Undead Coffee.

Poetic name, isn’t it? Before I get my daily cup of coffee I do feel dead. But buying it for crypto — I’m woke.

Bee Bros.

Listen to this: “Our honey caramels blend the rich buttery flavor of a traditional caramel with the extra depth of flavor from Cache Valley honey.” I don’t know about you, but I’m getting me some honey.

Nothing Fishy.

Omega 3. It’s where it’s at. A natural supplement for a healthy body and brain. Get some on Nothing Fishy — one of the cool new companies that accept cryptocurrency.

A Game for Every Mood

Keys4Coins

If AAA games and traditional PC and console games are more your style, then you can buy their access keys with Keys4Coins since they are a website that accepts crypto.

CJs CDkeys

Where can I spend my bitcoin? Right here, on the newest games. Pick your poison: Steam, Origins, Playstation, GOG, you name it — you buy it with CJs CDkeys.

Zynga.

Perhaps mobile games are more your style. Something to help you get through the long commute, long lecture, or your girlfriend/boyfriend laundry list of complaints.

Look Good — Feel Good

Tortuga Backpacks

For those with gaming laptops to carry, equipment to lug around, or for those who simply need room for all their snacks. Check out Tortuga Backpacks.

Minku

Leather goods. Embossed names and dedications. Minku is hip, trendy, and quite awesome. When you’re wondering “where can I spend my Bitcoin?” Think Minku for quality leather.

Want to see the world through rose-tinted glasses? Tens’ a site with all sorts of glasses. That rhymed! Let’s try another: where can I spend bitcoin online? Right here — and I’ll look damn fine

ShirtWasCash

Want to look like the next startup prodigy? Sport a fly shirt and blazer. Get it from ShirtWasCash.

BitcoinShirt

BitcoinShirt offers even more shirt options. But this time crypto specific. Also: mugs, scarves, and water bottles. An easy choice when wondering how to spend bitcoin.

Hipptee

Graphic Tees only. These guys live up to their name though. They’re Hip; Hipptee use the Lightning network! Next time you wonder “where can I spend Bitcoin on the lightning network?” Think Hipptee, but only for orders under $50.

Electronic Hobbyist

Eyeboot

Eyeboot offers products for the crypto mining enthusiasts. ASIC’s, miners, and more. If you’re buying from here, chances are you already know how to pay with bitcoin.

For those in the UK and those willing to pay international shipping — Alza is your go-to store for computers, phones, and … beauty products.

FastTech

Shop with Bitcoin on FastTech — a big, broad store for all things electronic: lasers, e-cigs, photography, car accessories.

MSPinc

MSPinc offers medical supplies available for crypto.

Microsoft

Yup. The global giant. Software, tablets, phones. If it runs Windows, you can buy it. It may well be one of the biggest, if not the biggest companies that accept bitcoin.

Do Good. Donate.

Pathways To Education.

Drop some Satoshi’s here to help kids learn and become productive members of society. Make sure to teach them how to use bitcoin too.

BitGiveFoundation

The BitGive foundation uses its own system called GiveTrack to bring transparency to giving with crypto.

Gadgets Galore!

GoDark Faraday Bags​

GoDark Faraday Bags protect your phone, tablet or electronics from hacking, location tracking, and EMR damage by blocking all incoming and outgoing signals between 600 MHz and 5 GHz, including Wi-Fi, Cell Phone, Bluetooth and GPS.

Aloha Tuners

For the guitar players and string instrument masters. Tune it up.

Spokester

Putting loud things on your bicycle wheels. It’s a hilarious website that accept cryptocurrencies.

TrickMugs

Special mugs. They change color, reveal hidden messages, and generally help the coffee kick in. Plus when your coworkers ask where you got that fun mug you can tell them, and teach them where to spend bitcoin!

Mobisun

Portable solar panels. Great for hikes with people who love to Instagram.

Zen Magnets

Where can I spend my bitcoin that gets me something fun? Here! Zen Magnets provides the highest quality rare earth magnet spheres for creating all sorts of fun geometric things.

Shield n Seal

Vacuum pack your leftover pizza with Shield N Seal. It’ll last longer. Probably taste better too.

Poster Burner

Order a custom poster at Poster Burner. Perhaps a screenshot of your winning trade or the crypto that paid for the poster.

Vape Crypto

E-cigs and supplies for the Vape enthusiast.

Headphones.com

Headphones and accessories for all those who appreciate Vivaldi in crisp, clean high definition.

Gift cards for every occasion!

Giftoff

Turn gifting into competition with Giftoff! See who can buy the biggest gift card. Plus you can proudly tell friends and family that they can now shop with bitcoin!

Don’t know what present to gift someone? Just give them a loaded card to their favorite store from Gyft. Let them figure it out. After all, they do know best.

eGifter

Gift cards to Nike, Lowe’s, and other fine American establishments sold here. Once again, they will in fact be shopping with bitcoin.

Big Ticket Items

Denarium

Physical Bitcoins and other cryptos — encased or even made of gold and other precious metals. This has got to be one of those cool shops that accept Bitcoin.

Reeds

Diamonds. A girl’s best friend. A guy’s biggest bill. Spend your big bags of crypto on shiny things with Reeds.

Queen Bee of Beverly Hills

Designer handbags. Treat yourself. Treat your lady. Treat someone else’s lady. Shopping here, you definitely know how to spend bitcoin.

BitShopping

Your stop for Furniture and other large and costly to ship items.

BitDials

Incredible watches, cuffs, and elegant accoutrements from BitDials for the newly crypto rich.

BitcoinRealestate

Villas, resorts, even whole islands. Regular homes too, of course — but wow, you should see some of these penthouses going for only a few hundred BTC. All on BitcoinRealEstate.

Kobelli

Handmade jewelry. These craftsmen from Kobelli — and they truly are craftsmen — have exquisite taste. I wish this was a place where I can spend my bitcoin.

Pharmaceuticals & health

Modafinilxl

A cheap, online pharmacy with myriad generic brands available.

Essential Oil Wizardry

In case you’d like to pair prescriptions with oils for homeopathic remedies.

Santyka

Santyka is another well-stocked online pharmacy.

Mindfulness Books.

In case you’re into the natural side of things, here you can learn to unwind, relax, and center yourself. You’ll need it if your one of those high strung crypto traders.

Naughty America

Did you know that masturbating “significantly lowers a man’s risk of prostate cancer.” #truestory. Bring your coins to Naughty America and beat cancer (plus they have VR porn for amateurs).

Spend Bitcoin From A Lot More Businesses with Gift Cards

Don’t have enough BTC to afford a house? Want something else besides the specific things above? Buy gift cards for your friends and family (or yourself) from eGifter! They have over 250 retailers to choose from such as Macy’s, Uber, Target, Nike, Best Buy, Walmart, and so many more. Bonus: earn points on their site by using Bitcoin!

How to get those perfect gift cards

Gift cards are, in my humble opinion, the ideal gift. Some people argue that gift cards are not as thoughtful. I argue — they are more thoughtful. I’ve seen too many “thoughtful” gifts go unused or worse, be re-gifted. But a gift card is perfect because it gives the special person something great — freedom. Freedom to buy whatever their heart desires. So how do you get them these magic gift cards?

If you do have BTC, just head on over to Purse.io or eGifter and they will guide you through every step of the way.

What if you do not have BTC yet?

Well, if you don’t have BTC, I recommend starting with Coinbase. Coinbase is legally compliant in US, UK, Canada and other countries. They are also FDIC insured. From there you can get BTC and then the gift cards or gifts on the list.

Want More Awesome Knowledge?

Be the expert for your friends and family, check out our best resources!

That’s all for now, folks. We’ll be updating our list over time. Mark my words, the list will grow! BTC adoption is happening, bear market or not.

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