In the beginning, the first product that was sold for Bitcoin was a pizza, which was sold for 10,000 BTC (around $580m today) in 2010. If you were lucky to get into Bitcoin early and are looking for places to exchange them for goods and services, we have made a convenient list for you. There are many different industries and merchants accepting the world’s largest cryptocurrency as it is such a simple payment method.
If you need to move your Bitcoin off the exchange, be sure to read our guide to the best wallets to store safely. So, we have broken down by industry where the best places to spend your Bitcoin online are:
Entertainment
Microsoft has been accepting Bitcoin on Xbox since 2014, so if you are a gamer consider getting an Xbox to buy downloadable content (DLC) and games. Moreover, if you are into mobile games, Zynga accepts Bitcoin as a payment. They are the developers behind classic Facebook games such as Farmville, Zynga Poker, and Slots which are all free to play against your friends. However, if you are looking for more of a thrill, and you wish to play casino games, there are many online casinos that accept Bitcoin. Comparison sites review and select the best operators that offer deposits and withdrawals in BTC to provide players superb gaming experience and complete anonymity, as well as information on the benefits of utilizing Bitcoin as a means of online payment.
As the Non-Fungible Token (NFT) market is beginning to gain real traction, there are many online marketplaces to exchange your Bitcoins for valuable NFT artwork. Whether more tech companies will accept Bitcoin is a question that remains, but many tech Moguls, such as Jack Dorsey (CEO of Twitter/Square) is very bullish on the technology.
The famous company GameStop accepts Bitcoin which is no surprise, being a particular favorite on Reddit and online forums. They sell games, accessories, consoles, and clothes all delivered to your door.
Travel
If you were fortunate enough to accumulate enough BTC, surely your dream would be to travel the world? Well, there are many travel merchants accepting Bitcoin. For example, you can pay with Bitcoin on travel giant Expedia, allowing you to book flights, accommodation, car hire, and insurance all by using cryptocurrency.
Moreover, there are many crypto versions of popular sites such as Airbnb or booking.com. One example of this would be bitcoin travel, which has a simple, sharp, easy-to-use interface, allowing users to book flights and accommodation with the touch of a button.
Cars
The famous meme from holding Bitcoin “when Lambo” is a reality. Many Lamborghini dealerships across the globe allow you to purchase the world’s most famous hypercar with Bitcoin. It is not just Lambos that you can buy, but most supercars. There are now online services such as BitCar that allow you to exchange Bitcoins for Ferraris, Rolls Royce’, and Maserati’s amongst others.
Elon Musk briefly dabbled with the idea of accepting Bitcoin for Tesla but stopped taking payments directly. However, there are car dealerships globally that will sell you one. As the crypto ecosystem develops, there are even more places that accept BTC as payment.
Real Estate
If your crypto assets have gone to the moon, then a great thing to do with them would be to buy property. There are sites that allow you to buy prime real estate around the world using Bitcoin as a payment. On Bithome, you can buy both commercial and residential properties and they provide Escrow services to facilitate a safe exchange.
If you are not interested in buying and want to use your crypto fortune for paying rent there are many crypto estate agents. One of these would be RE/MAX, which finds its crypto client’s properties to rent. They accept payment in BTC, Litecoin, and Dogecoin.
There are many places online to spend your Bitcoin. As cryptocurrencies become more mainstream, more and more merchants are accepting them as payment. Some of the world’s most recognized brands now accept BTC such as Starbucks and Etsy with many more to follow. Digital payments are fast becoming the norm, with cash being phased out of society, a currency such as Bitcoin dubbed “internet money” is therefore only going to grow in stature as more of our lives are spent online. Visit Bitcoin Prime for all your crypto-currency needs.
