What Can You Buy with Bitcoin? Ways to Spend Cryptocurrency

August 2, 2024

What Can You Buy with Bitcoin? Ways to Spend Crypto

Cryptocurrencies have evolved from digital novelty items to trillion-dollar technologies that have the power to change the world financial system within a short period. Bitcoin and hundreds of other cryptocurrencies are currently held as assets by a growing number of investors, who use them to purchase a variety of products and services, including software, virtual real estate, and more. A considerable number of people have been using crypto to pay for goods in the real world.

In this article, we’ll explore what can be bought with Bitcoin and other cryptocurrencies: from retail goods to gift cards or travel and accommodation. Let’s find out how we can use the power of crypto in the real world!

Article contents

1 Crypto Shopping: From Electronics to Real Estate
2 Luxury Items
3 Services
4 Online Services
5 Gift Cards, Charity and Donations
6 FAQ: Buying with Crypto
7 Conclusion
8 How to Buy Crypto?

Crypto Shopping: From Electronics to Real Estate

As cryptocurrency becomes more mainstream, a growing number of retailers and service providers are embracing these assets for everyday transactions. Below, we’ll take a look at different companies that accept Bitcoin and other crypto:

One of the most popular websites that accept online Bitcoin and crypto payments is NewEgg. NewEgg is one of the leading e-commerce stores for computer parts, components, and consumer electronics and began accepting Bitcoin in 2014. Net sales for 2021 were around $2.4 billion, which seems to confirm that the new payment method is popular with customers.
Overstock was initially a retailer for surplus and returned merchandise. Overstock now sells new merchandise, including electronics. The store accepts crypto payments, and you can buy any of their goods with cryptocurrency.
Microsoft has been accepting Bitcoin as payment since 2014. You can use it for products such as Xbox and Windows Phone. In December, 2021, GameStop announced they would accept Bitcoin and several other cryptocurrencies.
One of the famous fashion brands, Gucci, accepts Bitcoin in some of its stores, paving the way for luxury shopping with digital money. Other popular brands that accept crypto payments are Fanatics, a global leader in licensed sports merchandise, and big names in the industry, such as Tag Heuer, Off-White, Ralph Lauren, and more.
In October 2022, Farfetch, a British-Portuguese digital fashion retailing platform boasting a roster of over 1,400 fashion brands like Prada, as well as jewelry from De Beers and watches from Rolex, revealed its crypto payment options to over 37 countries. The platform now accepts six cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC), among others.
French high-end fashion brand Balenciaga began accepting crypto payments such as Bitcoin (BTC) and Ethereum (ETH) for online purchases and in select flagship stores across the U.S. in June 2022. Their plans include expanding the range of accepted cryptocurrencies to offer customers more payment options, including a number of stablecoins.
Known for its comprehensive photo and video equipment selection, B&H is accepting Bitcoin through its partnership with BitPay. BitPay itself is a big hub that offers to pay for clothes, shoes, and more with crypto.

BitPay’s Hub for Online Purchases with Crypto

Luxury Items

If you own some Bitcoin, you can also buy luxury items. Lamborghinis are on the list, and so is Tesla, an electric vehicle manufacturer. They have joined the group of businesses that let you buy automobiles using cryptocurrency. Tesla only accepts Dogecoin, which is one of Elon Musk’s favorite cryptocurrencies. Earlier, Tesla accepted Bitcoin, however, Elon Musk decided to switch to Dogecoin as Bitcoin is not as eco-friendly. After this, Bitcoin’s price plummeted by 15%.

Many global real estate companies also offer their listings in cryptocurrency, and there are real estate platforms that specialize in facilitating crypto real estate purchases. Buying a home with crypto can be like buying with cash. You get around all the hurdles that come with a mortgage (assuming you’re not getting a crypto-backed loan). One such real estate agency is Propy, an international real estate marketplace that is helping people buy international properties through cryptocurrencies. Their system also creates smart contracts so legalities of international properties are taken care of.

Services

Travel and lodging bookings are being completely transformed by cryptocurrencies, as a number of platforms now let customers book their trips with Bitcoin and other virtual currencies.

Travala accepts over 50 different cryptocurrencies for travel anywhere in the world. They offer over 3 million travel products that can be paid for using the Bitcoin Lightning Network. Through its partnership with Travala, Expedia also allows travelers to book hotels using Bitcoin.

Travala’s Website and the Range of Payment Crypto Options

Not only travel agents accept crypto: airBaltic accepts Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Dogecoin (DOGE), and 4 USD-pegged stablecoins (GUSD, USDC, PAX, and BUSD) as a payment for tickets sold on its website airbaltic.com. The cryptocurrency payment option is available when purchasing airBaltic GREEN tickets. Payments are free of airBaltic transaction fee and are available for flights booked at least five days ahead of the scheduled departure.

There are a number of restaurants and food delivery companies that accept digital assets. For instance, the world-famous Domino’s now accepts crypto: at this moment in time, you can buy their pizza via the Lightning Pizza platform for both pick-up and delivery, which accepts five wallets at this point: Zap (desktop and iOS), lightning-app (desktop), Casa (desktop, iOS, and Android), BlueWallet (iOS and Android), and the Eclair wallet (Android).

Another fast food restaurant that accepts crypto is Burger King. All the payments are made through Binance Pay which is in turn powered by Alchemy Pay. And you are not limited to Bitcoin, as you can use over 70 cryptocurrency coins, from Ethereum to Dogecoin.

Online Services

Naturally, as cryptocurrencies are part of the digital world, many online companies took the opportunity to include them into their payment options. PayPal allows US users to use Bitcoin at checkout. You can also buy, sell, or hold Bitcoin in your account. The caveat here is that PayPal acts as your crypto wallet and holds your crypto like a bank does.

Planet Express is a package forwarding service based in California. They ship products for international customers who buy products online in the US. They began accepting Bitcoin soon after launching in 2017 and now accept several other cryptocurrencies as well.

VPN services also accept crypto. One other early adopter of cryptocurrency is ExpressVPN. They began accepting Bitcoin in 2014 and also accept Ethereum, XRP, stablecoins, and more.

ExpressVPN Website and Payment Crypto Options

Another major service that accepts cryptocurrencies is Mega. It is a cloud-based storage and file hosting service based in New Zealand, and has been accepting Bitcoin since 2014.

Gift Cards, Charity and Donations

Gyft is a digital gift card marketplace with over 200 hundred merchants. Even if a store doesn’t take Bitcoin, you can still use it to buy gift cards for them and use them on their website.

Another digital gift card website that offers gift cards for more than 300 stores is eGifter. Just like with Gyft, you may use Bitcoin to buy your gift card and use it just like any other conventional gift card.

Various non-profits and charities also started accepting Bitcoin and other cryptocurrencies. These include SaveTheChildren, the Red Cross, and United Way.

FAQ: Buying with Crypto

Dive into the exciting world of cryptocurrency shopping! Find out what you can buy, how to exchange cryptocurrency, and which leading brands accept digital currencies. Learn how to make the most of your crypto assets today!

Can Crypto Be Used for Purchases?

Yes, it can. The list of goods you can buy with it is quite long.

Can You Buy Things with Cryptocurrency?

You can buy various items, including electronics, luxury goods, cars, and even houses using cryptocurrency.

What Can Cryptocurrency Be Used for?

Cryptocurrency can be used as a means of transferring payments between individuals and also as a payment option where it’s legally allowed.

What Can I Buy on Crypto?

You can purchase a diverse array of items with crypto, including electronics, luxury goods like watches and cars, clothing from brands such as Gucci and Balenciaga, gift cards, and even property. The possibilities are extensive, allowing you to use digital currencies for both everyday items and high-end purchases.

Can I Buy Clothes with Crypto?

Absolutely. Gucci, Balenciaga, Farfetch, Tag Heuer, Off-White, Ralph Lauren are just a few of the brands that accept crypto.

Can You Convert Crypto to Cash?

Yes, you can. Major crypto exchanges, such as Binance or Kraken, can help you there. Moreover, you can exchange crypto-to-crypto or buy cryptocuurency with fiat money on StealthEX: it’s safe, quick, and effortless!

Can I Use Cryptocurrency as Cash?

If you can buy goods and services with it, there is apparently no difference between the two.

Does Amazon Accept Crypto?

Amazon doesn’t accept Bitcoin directly but instead relies on Purse to facilitate the transaction. Purse connects shoppers who have Bitcoin with people who are willing to trade Amazon gift cards in return for that Bitcoin.

Can I Buy a Lamborghini with Bitcoin?

It depends on the car dealer you choose. If it does, you will be able to buy a Lamborghini with Bitcoin.

Can I Buy Tesla Using Bitcoin?

No, but you can buy it with Dogecoin.

Can I Buy a Ferrari with Crypto?

Ferrari announced that it will now accept Bitcoin payments for its luxury cars in Europe, starting July 2024.

Conclusion

As you can see, the answer to the question ‘What can you buy with crypto?’ can be very detailed. As the world becomes more and more digitized, it becomes more clear that digital assets will soon become even more popular. The growing acceptance of Bitcoin and altcoins paves the road for more use cases. Nowadays, it’s easy to explore the various options and make informed decisions about spending your cryptocurrency.

So why not try something new and buy an item using your crypto wallet? Stay updated on new merchants accepting Bitcoin and don’t forget to use StealthEX, an instant crypto exchange, to swap and buy your cryptocurrency!

How to Buy Crypto?

You can buyc Bitcoin privately and without the need to sign up for the service. StealthEX crypto collection has more than 1500 different coins and you can do wallet-to-wallet transfers instantly and problem-free.

Just go to StealthEX and follow these easy steps: