Where and How to Spend Your Bitcoins?

[BennyK]

With the current adoption stage for crypto, it is believed that there are cryptocurrency merchants all over the world in various countries and these merchants are responsible for the easy conversion of cryptocurrency to fiat and vice versa. Aside this, cryptocurrency can be used to transfer funds across the globe with the sender being the master of his/her own transactions without any third party interruptions. There are also some online shops which accept cryptocurrency as a form of payment.

[1715523600]

1715523600

[1715523600]

1715523600

[1715523600]

1715523600

[1715523600]

1715523600

[Litzki1990]

In my country i cannot spend my bitcoin because there is no department store or fastfood chain that accept bitcoin for payment but i usually spend my bitcoin in converting to our currency and that is very useful for me because it has big value of bitcoin from our country.

[Periodik]

A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC

As far as altcoins are concerned, it is only with Litecoin that it is widely accepted. Many altcoins are strictly used for certain purposes, mostly within their ecosystem or design alone. But as far as Bitcoin is concerned, it is not that hard. You can pretty well live nowadays with Bitcoins alone. You can, for example, order your clothes from a shop accepting Bitcoin payments. You can also eat at restaurants where Bitcoin is also accepted. Furthermore, you can also travel with your Bitcoins.

[lienfaye]

I cant directly spend my bitcoin since there's no merchant accepting it yet unless the person is a crypto enthusiast/user too and accepting crypto as payment. Through our local wallet we can use btc to load our mobile phone, pay our monthly bills and for purchasing in a popular shopping store online here so its convenient.

[Reatim]

A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC

So far there are limited acceptance of altcoins in our planet though we have a option to convert this first to bitcoin before being use as payment or at least convert that said Bitcoin to Fiat for easy using.

Bitcoin is the most popular cryptocurrency and worldwide there are more likely to accept this but in most 3rd world country there are limited use.

You can exchange, convert into a dollar or euro.
Or you can buy literally anything on the internet.

That is not the way OP is asking lol,why need to buy Bitcoin just to convert only for Fiat?if does then just use your fiat .

[Negotiation]

I don't use any Fiat currency when I spend my bitcoins I use Bitcoin directly to make dollars Bitcoin is a very popular currency And investing is much easier Most people use bitcoin as a dollar and make a lot of profit. The best place to invest in bitcoin is binance There are no bills to pay.

[Kong Hey Pakboy]

Here in my country, we have a crypto wallet that is called Coins.ph that we can use it to pay it through online such as paying billls, buying prepaid loads, gaming pins, and online shoppings. But i basically spend most of my bitcoin in online shoppings that accepts bitcoin as a payment, and i also spend my bitcoins in buying games in steam.

[CarnagexD]

There are a lot of people getting curious about how does the bitcoin works and today one of the fastest and secured transactions today is related to the bitcoin. Bitcoin is like the fiat currency we are using now it has a value and volume it depends on the market movement how it will work and how does the price matters. Today many people using this currency because it has a less transaction fee and also it is faster, some of the online stores today are now accepting the bitcoin because it does not require too much time to manage the transactions just sending only the address, also today we can now make a lot of use of the Bitcoin because we can use this to wage into gambling platforms, make trading and investment to make more profit. These are the things I do today to make more earnings.

Here in my country, we have a crypto wallet that is called Coins.ph.

In Ph one of the best cryptocurrency wallet they have today is the coins.ph by that application you can now pay bills, and buy some load if you want also you can use the wallet to buy bitcoin, ethereum, ripple and bitcoin cash also they supported the game credits if you want to buy wallet codes for your lovely games.

[schuriken]

A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC

for me . i never going to spend any btc even 0.0000001 .actually btc is not for spending ,specially we are so close to halving best action for bitcoin is hold .altcoins are defrent story.depends on the project , maybe u found some good coin just to spend it in shop only for foods or other coin just for buying cloths.we need more time to get there.

[elisabetheva]

Here in my country, we have a crypto wallet that is called Coins.ph that we can use it to pay it through online such as paying billls, buying prepaid loads, gaming pins, and online shoppings. But i basically spend most of my bitcoin in online shoppings that accepts bitcoin as a payment, and i also spend my bitcoins in buying games in steam.

Actually what is done by colleagues above is the same thing I have done so far, but the difference is in our country there is no legal recognition for accepting bitcoin as a legal payment tool. but many third parties provide facilities for us to be able to use bitcoin for payment of all needs. but if you do not want to bother clearly exchanging with fiat and just using it for transactions.

[Paycoinzzz]

A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC

I can spend bitcoin on people who want to buy it. I have a community of over 6k people and lots of crypto trading colleagues. every time I want to buy something at my friend's house, I would suggest with either bitcoin or ETH. That's how I usually pay for an item with crypto. Also, I cannot trade with any store. Because payment in crypto is not allowed in my country. so sad.

[SacriFries11]

A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC

I can spend bitcoin on people who want to buy it. I have a community of over 6k people and lots of crypto trading colleagues. every time I want to buy something at my friend's house, I would suggest with either bitcoin or ETH. That's how I usually pay for an item with crypto. Also, I cannot trade with any store. Because payment in crypto is not allowed in my country. so sad.

Its good to heard that in the way of that you can spend your bitcoin. I also spend my btc the way that you said but its different for now since my friends are not active in cryptocurrency. You can spend your btc by buying tokens or points for games and you can also pay bills and order foods through online by means of crypto app. which is also regulated by our government. Its good to know that we have a lot of way we can spend our btc to buy and pay things we should needed.

[panganib999]

It depends on the owner on how he will manage on using or spending his own Bitcoin. Every individual have their own ways and perception on how they can effectively use their Bitcoin. On my case, I would use my Bitcoin the way it is supposedly use which is a currency using a wallet provided or generated by our own country for us users to be able to use it in any way we do want. It can be used to pay bills, buy loads and even buy goods and services to partner merchants and do it on a cashless transaction. But on the wallet we use in our country, we do still need to convert it into our currency so technically we are not directly using Bitcoin all alone. So far, the way I use my Bitcoin is to purchase goods and services for it is the possible way I can be able to use my  Bitcoin effectively.

[MCobian]

The good news is that many merchants have started accepting payments with bitcoin or altcoins. But I did not choose to spend bitcoin directly.
I choose to convert bitcoin that I have into fiat, then I spend it to buy the necessities of life. Sometimes I spend bitcoin to donate to several
charity institutions, because some charity institutions already accept donations with bitcoin.

[rodskee]

A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC

This moment i have no other plan spending my Bitcoin or even my
altcoin because aside from limit on where to
 spend is i also waiting for the bullrun because there are no other
 way to make this profitable but to wait longer
 and be patient in our viewings.But the possibilities of spending
will come sooner because nowadays there
 are small businesses here that starting to adopt crypto and
 offering their service and  product to
accept bitcoin as payment so basically after this pandemic
 there will be more option from where
 to spend these coins.

[shoreno]

The good news is that many merchants have started accepting payments with bitcoin or altcoins. But I did not choose to spend bitcoin directly.
I choose to convert bitcoin that I have into fiat, then I spend it to buy the necessities of life. Sometimes I spend bitcoin to donate to several
charity institutions, because some charity institutions already accept donations with bitcoin.

you already said that many merchants accept cryptos so why still convert your cryptos to fiats  ?  why not use them directly for purchase   . in that way you will not incure trading fees but you will only pay the fees for using that platform  . your using your crypto directly for dontaing but not for buying   .  thats odd but would it be nice if you spend your cryptos directly for buying while you can still donate your excess fiats for donations   . there are stores outside that have a piggy bank where you can drop pennies  and that can go to thier chosen charities

[Hidden Heart]

I have not any big Bitcoin fund on my Crypto wallet, have a very little amount on my Crypto wallet. And now this time i never want to Spend my crypto on any plan or platform. 

[billykannithi]

You can use Bitcoin or some othercurrentcies to buy stuff, equipment, purchase lincense, etc. Example, you can use BTC to buy styff at a discount on Amazon.com with bitcoins using Purse.io. You also you Bitcoin to buy/sell equipment on steam market. And you also transfer BTC to your fiat money to buy anything if you want. At the moment, payment in bitcoin is not widespread yet, but I believe in the future, it will be popular many times.

[JoMarrah Iarim Dan]

A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC

Honestly, I do not used my bitcoin and altcoins in buying, I am converting it first into peso then cash it out and that is the time I am going to spent it. I find this money a precious thing so i will only used it to buy my needs and of course a thing that I really want or special to me like buying a laptop or renovating our house, or give my mother a present she ever wanted.

[raidarksword]

Today you can do lots of things with your bitcoin, you make profit from it thru trading if you have patience conducting daily trading and have dedications towards it. If your nation already adopted bitcoin as means of online payments in exchange of goods or services, then you can make your bitcoin useful. You can also hold it for better chances of adoption towards the future of cryptocurrency and hope for the best for bitcoin's price to soar up.