You can’t use cryptocurrency directly on Amazon, but you can use a service that accepts bitcoin as an intermediary, called Purse.io, illustrating that innovation is happening. Amazon may offer it in time, but here’s a list of big recognisable brands accepting cryptocurrency right now Express VPN – One of the world’s most popular VPN services Amazon via… Continue reading Where Can I Spend Crypto?
Category: 5. How and where to spend crypto
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Spending Bitcoin via the Lightning Network
Bitcoin has proven an effective store of value, but it isn’t suited to small, time sensitive transactions. The Lightning Network, however, can enable fast and instant transactions, utilising Bitcoin blockchain. You can see the growing list of sites that accept Lighting here. We’ve a separate articles on how to use the Lightning Network and how it solves Bitcoin’s… Continue reading Spending Bitcoin via the Lightning Network
Crypto backed debit cards
Paxful Binance Coinbase Other services work like a regular debit or prepaid card, giving you cash back in crypto on regular Visa purchases. Crypto.com is one of the leading examples of this, with rewards paid their own token – CRO. There are services, such as Nexo, that issue a loan for every purchase, which can be paid off in… Continue reading Crypto backed debit cards
Why retailers and services might choose to offer cryptocurrency
Given the distinction between coins and tokens, it shouldn’t be a surprise to learn that most of the cryptocurrency tokens out there aren’t widely used outside of trading or their specific blockchain ecosystem. Even though cryptocurrencies that are intended to be used as money, they face a challenge in convincing merchants to incorporate them as… Continue reading Why retailers and services might choose to offer cryptocurrency
How & where to spend crypto
What you’ll learn How different cryptocurrencies are created for specific purposes Why retailers & services might choose to offer cryptocurrency The most common things you currently spend cryptocurrency on A list of the most popular websites & services accepting cryptocurrency right now Cryptocurrency is a new form of internet money with properties that suggest it… Continue reading How & where to spend crypto