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Author Topic: Where and How to Spend Your Bitcoins?  (Read 13911 times)
Nhor1011
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June 01, 2020, 03:00:46 PM
 #321

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


In our country it's so easy to spend bitcoins and some altcoins like eth,xrp and bch because we have an exchange that we can convert automatically into our local money. But we can also use it directly to pay our bills. It's very convenience to use and hassle free.

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June 01, 2020, 04:17:33 PM
 #322

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


There is a coin with which you can make a large number of settlement transactions through a mobile application. Payment by cryptocurrency Internet and mobile communications does not cause problems. When people understand usability, then there will be millions of times more buying and selling options.

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June 02, 2020, 02:28:28 AM
 #323

There are several online stores like overstock.com, Newsegg, Shopify, PolisPay, DigiHost, divithreads.com, etc that accept Bitcoin and other renowned cryptocurrency. Visit them and get for yourself some good items and services to patronize. Other merchants also provide good avenues to spend Bitcoin. Renowned merchants in Africa, Ecurrency4u and Cofred allows users to use Bitcoin in payment of utility bills like TV satellite and mobile phone airtime credit.

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June 02, 2020, 06:40:10 AM
 #324

Here is a list of companies that accept BTC -. https://www.buybitcoinworldwide.com/who-accepts-bitcoin/

At Amazon you need to work around with their gift cards
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June 02, 2020, 07:05:56 AM
 #325

In our country it's so easy to spend bitcoins and some altcoins like eth,xrp and bch because we have an exchange that we can convert automatically into our local money. But we can also use it directly to pay our bills. It's very convenience to use and hassle free.
We might be living in the same country because we can also spend bitcoin and other alts the similar way like what you've mention. Recently I ordered few items in an online shop and paid it through bitcoin, thats how I spend it nowadays because its not easy to go outside while there's still a virus that we didnt see so its better to stay this way for now.

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June 02, 2020, 07:39:08 AM
 #326

Good question, because more and more people have cryptocurrency.
In some countries, you cannot officially accept bitcoins.
The most popular brands in the world where you can buy bitcoins:
Amazon and eBay accepting such payments through Purse.io.
And also in online stores that are created in offshore zones and are not subject to cryptocurrency laws.
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June 02, 2020, 10:56:31 AM
 #327

There are lot of online supermarket instantly that accepts bitcoin as kind of payments,same as individuals sites that has been shaped and early to construct that will take on bitcoin as overhaul payments an extra are transaction payments for billings And about altcoins.you can simply exchange this to bitcoins and use it as you can.We know bitcoin functions is clear-cut and helpful for users.

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June 02, 2020, 11:06:25 AM
 #328

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.
Because you have no chance of using it right?i mean in your country there are limited things that you can purchase using Bitcoin?
Because if you can buy everything using bitcoin then why need to convert it first?taht is contradicting part right?

Good question, because more and more people have cryptocurrency.
In some countries, you cannot officially accept bitcoins.
The most popular brands in the world where you can buy bitcoins:
Amazon and eBay accepting such payments through Purse.io.
And also in online stores that are created in offshore zones and are not subject to cryptocurrency laws.
Really ?Ebay is accepting Bitcoin now?i thought it is needs paypal first before you can purchase?









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June 02, 2020, 12:50:06 PM
 #329

I have seen Shopify businesses that have the chance to implement bitcoin payment for goods. IMO I think it's a great way to use your crypto... but still, many businesses are waiting for regulation to take place and more adoption of the mass in order to get have the chance of doing more things.

yeah at the moment maybe the best thing to do isn't spending but more about keeping and wait for the right moment to sell.


here is the article:  help.shopify.com/en/manual/payments/alternative-payments/cryptocurrency

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June 02, 2020, 08:03:34 PM
 #330

I like to spend them on paying for stuff that I would usually spend on anyway. Stuff like hiring some coders, designers or maybe spending it on vacations or even if I can I would love to start paying my bills with it one day, right now its not possible to do it directly, I change it to fiat and pay my bills that way, but if one day I could spend my bitcoins for groceries and bills, I will definitely do it.

There are cards now that you can get and has your bitcoin in it, you spend it and they exchange it to fiat for the place you spend, so anywhere that takes fiat (which is everywhere) you can spend your bitcoin on without exchange it to fiat yourself. But for now, I would still suggest best course of action would be to save all your bitcoin as much as you can for the future.

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June 02, 2020, 10:13:55 PM
 #331

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 is very simple. You can spend your bitcoins and altcoins in many ways. You can sell bitcoins to investors or participate in cryptocurrency exchange forums or you can buy goods at stores that accept Bitcoin payments. The best way to make the most profit is to wait for the prices to rise and then sell or buy. Invest in hoarding at the right time to get rich quick, that's a way to make light money without effort.

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June 03, 2020, 08:54:11 AM
 #332

There are numerous ways to spend your digital currency both online and in person for instance, Newegg accept Bitcoin and there are lots of cafes that do too.
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June 03, 2020, 09:31:44 AM
 #333

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.

If trading is your main income, then you have no choice but to sell bitcoin on the exchange and withdraw your earnings to fiat. After all, we all bear expenses in real life and they need to be compensated. But in any case, you need to choose the right time for the sale, so that it brings a large profit.

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June 03, 2020, 12:24:16 PM
 #334

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.

If trading is your main income, then you have no choice but to sell bitcoin on the exchange and withdraw your earnings to fiat. After all, we all bear expenses in real life and they need to be compensated. But in any case, you need to choose the right time for the sale, so that it brings a large profit.

That is the problem why People use Bitcoin as a material to profit?this is Bitcoin a crypto currency,this must be use as payment material but not on how we can make it higher.

Look how many of us fails because of their way on treating this currency and why the issue of volatility always comes against Government supporting this market.

I respect their position because the volatility gives us income and i admit that because i already experience this for many time but a a Holder and not a trader.









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June 03, 2020, 07:43:06 PM
 #335

although in your country there are no payments using crypto but you can spend bitcoin or altcoin on some overseas online sites that accept payments using bitcoin, recently I used several sites to buy some goods

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June 03, 2020, 08:36:53 PM
 #336

I'll spend some of my bitcoins and others coins in trading , also in loading online games , mobile load and other services in online that accept cryptocurrencies as a payment , that is my way of spending.  Just spend our coins in a nice way to be success.

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June 04, 2020, 03:55:22 AM
 #337

I also spent for the purpose of my bitcoin business Because if I succeed in doing business I will be able to make a profit from them  There are many sites in crypto I spend more on gambling and the stock market. I'm still spending and it's a great site for me to make a profit I also spend a lot of time shopping online.

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June 06, 2020, 12:16:53 AM
 #338

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



It's not best time to spend bitcoin rather it would be better if you could accumulate more and hold. The potential of bitcoin price to increase is really high, you'll regret in the next few years or even few months. With whats happening in the world now, bitcoin will become even more relevant to more people, in fact the content in different social media platforms arr related to cryptocurrency. Therew will be a great demand in no time.

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June 06, 2020, 01:06:05 AM
 #339

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 just simply convert my Bitcoin to Fiat and then use it to whatever needs or wants I want to buy. We can also use it to purchase goods in online shops like Amazon using purse.io.

We have a local exchange in our country.

We can use it to pay bills and the same as what you are saying, we have these online stores like Lazada and Shoppee and we can buy points of them to pay online in this online stores. I hope we could use Bitcoin more and not through an exchange but directly paying it by scanning a QR code of their address.
princeyeboah
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June 06, 2020, 02:12:04 AM
 #340

Where and how to spend your Bitcoins depends on the country of residence. In countries where Bitcoin is accepted, there are businesses that have integrated it into the payment systems. There are also cryptocurrency related projects with real life use cases that allow Bitcoin to be used. Example include PolisPay app where users can purchase gift cards, Digihost where users can patronize VPS services, Doc MTC where users can access primary health service etc.

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