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Author Topic: I want to spend my crypto, where do I go?  (Read 212 times)
brendongl (OP)
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May 14, 2018, 10:46:13 AM
 #1

So far its pretty hard to spend crypto on a daily basis.
There are some services out there which allow me to pay my bills with it, but the fees are high and takes away the usefulness if I have to pay fees.
Zeex is a new ICO which seems pretty cool, you can buy gift cards for various retailers with crypto directly.
Check it out at zeex.me
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May 14, 2018, 10:49:53 AM
 #2

If you want to spend it without suffering exchange it for usd, there is no very easy way to spend the crypto like usd for now. But in the future, you can't use usd instead of btc  Cheesy
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May 14, 2018, 10:56:56 AM
 #3

You mean to say, you have already a crypto stocks, and your asking where do you want to spend for that? Well, if you want a cash money, then exchange it into real money, but if you want to invest it in crypto coin, then go and find good coin, a lots of altcoins now newly introduce in the market that has a cheap price, but it will surely grows for the next hours only or days, but you need also monitored all the time about the price, so that you can sell it when price grows.
Jaycee99
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May 14, 2018, 11:23:23 AM
 #4

Same Idea here when I was reading bren's topic and here I quoted the second that we have same idea exchange it to USD but it means in exchange to USD, that is BTC--> USD speaking here because When I pay using wallet there is no fees but if your wallet have fee when paying bills yes I am with the point of exchange it and cash it out and waste your time on traffic and your travel expenses or if you have a car you traveling time you waste your gas just to pay bills.

Think about it but if your fees is much more rather than travel and gas expenses go and just cashbit out and in vise versa wehen travel expenses is much more in a cost well go and just be contented in the cost of fees.
Kaller
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May 14, 2018, 12:20:51 PM
 #5

You would have to change it to USD and then change it to your local currency if your local currency isn't USD. There are not a lot of places now for you to buy things with your cryptos online as a lot of the places which used to accept it have taken it off due to the currency being incredibly volatile and unpredictable. I know it is not what you are looking for right now but you would have to change it to fiat.
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May 16, 2018, 06:06:12 AM
 #6

You can buy from so many place that accept crypto. So i believe it is not that much hard you are thinking. However, spend it you also can invest in your referred ICO as well.
kier010
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May 16, 2018, 06:11:02 AM
 #7

where do you live? there should be local exchange in your place you can sell your crypto to fiat. now you don't have to worry spending it. there are not many stores accepting cryptocurrency yet your currency choice is to exchange your crypto.
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May 16, 2018, 06:15:45 AM
 #8

So far its pretty hard to spend crypto on a daily basis.
it is not hard, it is impossible to spend altcoins because they are not currencies and nobody accepts them. there are only rare exceptions such as Litecoin that is accepted as a currency in some places but the rest of them are completely useless.

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There are some services out there which allow me to pay my bills with it, but the fees are high and takes away the usefulness if I have to pay fees.
third parties are never trusted in crypto space they are 99% scams or scams waiting to happen.

Quote
Zeex is a new ICO which seems pretty cool, you can buy gift cards for various retailers with crypto directly.
Check it out at zeex.me
this is another useless ICO token which was created to scam people out of their money.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
sainaselalisa
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May 16, 2018, 09:28:00 AM
 #9

i also wish thay we have to get more options to spend crypto a daily basis. maybe not now, but hope fully in near veture we will get this kinda beautiful opertunity, desparetly waiting for it.
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May 16, 2018, 09:31:59 AM
 #10

first you have to convince the shops to accept the crypto you want to spend then spend it. or simply use bitcoin because there are a lot of places that accept it or use fiat because everyone accept it Cheesy

saying that i have a feeling that this topic was created to advertise that ICO though...

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The_prodigy
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May 16, 2018, 09:32:43 AM
 #11

i also wish thay we have to get more options to spend crypto a daily basis. maybe not now, but hope fully in near veture we will get this kinda beautiful opertunity, desparetly waiting for it.

its up to you where do you spend your cryptocurrency, maybe change it into fiat moey and make small business or buy a house. but if you don't want to use it in here or maybe if you have an house or business then you can use it to shopping and buy an luxury item. there are many online shop that accept cryptocurrency
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May 16, 2018, 09:36:06 AM
 #12

Now many project that have aim to make crypto more easy to use and spend it in daily basis, one of them is Pundi x, this project also very interesting because has working product and the token price was increased more than 10 times just in 2 month. With many project that has the same purpose in the future crypto will be the same fiat that easy to use it for buy product and service anywhere and anywhen.
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May 16, 2018, 09:43:43 AM
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At the moment there is a large number of services, thanks to which you can sell your crypto currency quickly and safely. You can use exchanges to buy or sell your crypto or tokens!

Ctn
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May 16, 2018, 09:52:54 AM
 #14

There are many more sites like that and hopefully we will catch more as we move with the time. Thing is that, not many industries or companies are getting close to acceptance yet as government is trying ban them everywhere. So definitely it will take time for all the globe to come along. Then we can spend as much crypto currencies as we want. However each and every country is different and they have different attitude towards the crypto currency. Thus, in later time we can see things changed a lot and we might just open lot of options for us.
len23
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May 16, 2018, 10:01:26 AM
 #15

Cash it out so that you can use it easily,this is the easiest way to spend you money you can buy whatever you want and go travel where ever you want.
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May 16, 2018, 11:14:28 AM
 #16

Yes, it's kind of difficult of you want to spend cryptos for daily activities. You have to at first exchange it to USD and then into local currency. I think , in near future all these hassles would reduce a lot.
Quincy01
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May 16, 2018, 11:33:38 AM
 #17

Spending your Crytos directly on a daily basis will be a little bit difficult because there are several countries and organizations that are yet to adopt the use of Crytos in their systems. The easiest way of spending is by using an exchange to change into USD and do your spending because USD is accepted globally.
matjas
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May 16, 2018, 11:40:37 AM
 #18

I've quite some stores where you can pay with crypto, for sure with bitcoin, maybe with ETH. I think now it gets more and more popular, so many stores are thinking of integrating cryptocurrencies into their payment systems. And for paying bills I'd say we still have to wait for a while.

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May 16, 2018, 11:43:24 AM
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Check out some crypto debit cards offered by several companies now. It will depend a lot on which country you are from and these debit cards are always facing some issues whenever Visa changes their mind as they are the main facilitators of this card, but we are looking at quite a few projects trying to make this debit card with crypto support a seamless process. Monaco is one project but it looks to have problems. My idea is to look at challenger banks in UK after they get their banking licenses. Crypto friendly they usually are.

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leoliln45
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May 16, 2018, 01:33:53 PM
 #20

It's a good time to invest in crypto market right now. The market price is a bit stable right now. So, the best invest you can make by investing on bitcoin. This is the most popular and fastest growing crypto currency and a bit less riskier than the other coins. SO, go for it!
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