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Author Topic: Buying goods or services using crypto  (Read 24946 times)
fairtan
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October 24, 2023, 11:29:41 AM
Last edit: October 27, 2023, 12:22:20 PM by fairtan
 #421

Ultimately, the future of cryptocurrencies and their widespread adoption will depend on many factors, including government policies, technological advances, and public acceptance. Today you can make money on cryptocurrency in different ways. One of the areas is crypto exchangers. Many people use the services of crypto exchangers. I chose https://exolix.com/ for myself. Crypto exchanges are the easiest and most reliable way to buy cryptocurrency.
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November 17, 2023, 04:09:13 AM
 #422

Ultimately, the future of cryptocurrencies and their widespread adoption will depend on many factors, including government policies, technological advances, and public acceptance. Today you can make money on cryptocurrency in different ways. One of the areas is crypto exchangers. Many people use the services of crypto exchangers. I chose https://exolix.com/ for myself. Crypto exchanges are the easiest and most reliable way to buy cryptocurrency.
Maybe the OP mentioned here what things you want to buy with crypto currency or what things you have bought with crypto currency so far. Exchange is virtual here you can only buy virtual coins and sell virtual coins but you can never buy a car or a house or anything else through this exchange. Here we talk about buying and selling real things through Bitcoin or other currencies. Many people here commented that he will buy car with crypto currency and some mentioned that he will buy house with crypto currency everyone has a dream to buy house or other things with bitcoin. Hope you also have dreams of buying some real things with crypto currency.

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wallet4bitcoin
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December 02, 2023, 03:51:53 PM
 #423

If the emphasis is on the bear market and if you happended to acquire your asset when it was the bullrun era, chances are, you are in a negative position.

From the above mentioned, I will not advice you to buy anything rather than holding for a return of the bullrun, except if you feel like using it and the narrative above isn't applicable.

Currently, we are perceived to be in a bullrun, I can say for a sure that your assets have appreciated a little. You can use it for purchase if you so wish since it has gained some profit (possibly) and if it hasn't been used already.

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December 25, 2023, 06:47:10 PM
 #424

Op I clicked on the link you provided and I registered to see if their service is good and when I have finished the registration, I checked the interface and the exchange platform is not really encouraging to use. I don't know if the it is because of the first time which I don't know where to find the appropriate links. At first I was looking for my country currency so I can compare Bitcoin price to my fiat BTC/NGN but I couldn't.

The first stage of p2p then the last stage of Bitcoin government approve. Once government adopt Bitcoin then p2p will be strengthen. Now the peer to peer is not working very effectively because government is still restricting in their countries. And when government adopt Bitcoin and make it as a legal tender then Bitcoin will be the key investment of the country. And at that time we can use it to buy things of our choice.

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January 15, 2024, 09:29:32 AM
 #425

In this present world, there are many things that will soon happen and part of those things are the acceptance of cr- ypto as a major means of payment. Though some govern- ments are placing a ban on crypto acivi in there countries. Asking the banks in such country to close any account related to crypto. This is a major set back, but with time I know things will get better. I see a world of free and transparent means of transacting. A world where fraud will be impossible. And I believe crypto can make that happen. It's  only a matter of time, the world will know the importance of this Digital currency. Very soon it will happen. And everybody will see it.
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February 02, 2024, 05:06:03 AM
 #426

I have been associated with crypto currency for a long time and some people around me are also aware of crypto currency but I have not seen any such real crypto service in our country because cryptocurrency is not legal in my country. In other countries transactions are done through crypto currency, various products are bought and sold through crypto currency. In my country, I don't get the opportunity to buy and sell any product through this currency.

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February 02, 2024, 02:51:29 PM
 #427

I have been associated with crypto currency for a long time and some people around me are also aware of crypto currency but I have not seen any such real crypto service in our country because cryptocurrency is not legal in my country. In other countries transactions are done through crypto currency, various products are bought and sold through crypto currency. In my country, I don't get the opportunity to buy and sell any product through this currency.
Yeah it is true that in so many countries it is still legally not possible to buy real life products and services using crypto. but I heard many people doing that under the table. there are communities in such countries and small wonders who accept bitcoin for their services.
besides that you can buy online services and digital products with your bitcoin. 
it is funny that crypto is not legal in those countries but still those countries have huge number of crypto users. that proves that no one can control crypto. govt, banks. none.









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February 03, 2024, 04:32:47 PM
 #428

Yeah it is true that in so many countries it is still legally not possible to buy real life products and services using crypto.
Correction: In no country can you legally buy goods and services except with the national (local) currency. With the exception of those few countries, like El Salvador, that are trying to give bitcoin legal status.

but I heard many people doing that under the table.
No need to do this under the table. Ordinary P2P trade directly between people. No one except the two participants in the transaction will know what was purchased and for what amount.

there are communities in such countries and small wonders who accept bitcoin for their services.
besides that you can buy online services and digital products with your bitcoin. 
If only sellers (more) were ready to accept bitcoin as a means of payment, there would be no problems with the purchase.

it is funny that crypto is not legal in those countries
Bitcoin doesn't need to be "legal" for people to use it.

Bitcoin doesn't have legal status in almost all countries, but at the same time it is not prohibited almost anywhere.

but still those countries have huge number of crypto users. that proves that no one can control crypto. govt, banks. none.
This is the whole miraculous power of decentralization.
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February 03, 2024, 08:32:54 PM
 #429

Correction: In no country can you legally buy goods and services except with the national (local) currency. With the exception of those few countries, like El Salvador, that are trying to give bitcoin legal status.
They are not trying, Bitcoin is already a legal tender in El Salvador.  Wink
The Central African Republic also have Bitcoin as a legal tender, so you can use it as legal currency, and I saw several websites in EU, United States and Japan that openly accept Bitcoin payments.
In Turkey you can legally find small Bitcoin exchanges everywhere, you can even purchase stuff with BTC, and in Slovenia you can pay almost anything with Bitcoin and other crypto.

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MFahad
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February 04, 2024, 11:45:55 AM
 #430

No no I don't buy anything goods or services using cryptocurrency online virtual currency because my country don't directly permit bitcoin as trading system.
Lots of people still use Bitcoin to buy Goods and Services even if their countries don't permit to use of Bitcoin. the thing is even if govt don't allow that, it is technically impossible to stop anyone from using Bitcoin in online sources.
yes, you can't use that in real life. but there are still countless ways of spending Bitcoin online. you can even buy physical products with Bitcoin. like Mobile phones, laptops, hardware wallets, collectibles, and much more.
and no one will ask you how you paid for them. unless it's a noticeable thing.









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March 31, 2024, 02:32:59 PM
 #431

Maybe buying pizza with btc Grin
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May 30, 2024, 07:44:37 AM
 #432

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May 31, 2024, 05:15:26 PM
 #433

No no I don't buy anything goods or services using cryptocurrency online virtual currency because my country don't directly permit bitcoin as trading system.
Lots of people still use Bitcoin to buy Goods and Services even if their countries don't permit to use of Bitcoin. the thing is even if govt don't allow that, it is technically impossible to stop anyone from using Bitcoin in online sources.
yes, you can't use that in real life. but there are still countless ways of spending Bitcoin online. you can even buy physical products with Bitcoin. like Mobile phones, laptops, hardware wallets, collectibles, and much more.
and no one will ask you how you paid for them. unless it's a noticeable thing.


It is true what you say, most countries prohibit or impose restrictions on the use of Bitcoin, because it creates legal problems for users. However, the fact is that many transactions use Bitcoin, even though it is against the law, they don't care about it. Please note that everyone who takes risks in their work must have thought about it at the beginning.

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August 31, 2024, 12:00:17 PM
 #434

If you are uneasy with holding thinking price will go down instead of buying ,best is to invest in potential ico or invest in altcoin which have solid community
I disagree about telling people to invest in potential ICOs. It's no longer a thing today and even if there will be some that still does it, you're just wasting your money finding one to invest with your money. And as for altcoins with solid communities, not all of them are worth to invest any buck.

but if you want to buy there are sites such as purse which can help you to buy product through Amazon or other egiftcard service where they
This is way better of spending your crypto if you want to contribute to the ecosystem by spending your cryptos through giftcards from e-commerce websites. But it's still better if you ever find a website that offers services and allows direct acceptance of crypto and start that out from searching through having keywords first like 'crypto'.

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September 14, 2024, 07:16:24 PM
 #435

I’ve used OpenSea for buying NFTs and Bitrefill to spend crypto on gift cards and other stuff. Both have been pretty reliable for me, but I always check reviews and do a bit of homework on sellers to avoid scams.
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September 25, 2024, 05:55:10 PM
 #436

I’ve used OpenSea for buying NFTs and Bitrefill to spend crypto on gift cards and other stuff. Both have been pretty reliable for me, but I always check reviews and do a bit of homework on sellers to avoid scams.

It sounds like you’re taking a nice approach by doing your research how i am not comfortable with both of the platforms on my personal reasons. I think both OpenSea and Bitrefill have their pros and cons and one should be cautious in the crypto space. You wll usually find higher rates at bitrefill but if you are willing to pay through bitcoin/crypto, you can use this site. On the other hand, i never interested in NFTs as they are dead investments and only you are lucky to get you purchased NFTs in trend.

Anyways regarding all the crypto sites the checking reviews and seller ratings can help you avoid potential scams. Have you had any specific expectational experiences that stood out to you while using those platforms?

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October 02, 2024, 09:16:51 AM
 #437

Cryptocurrency has rapidly evolved from a niche digital asset to a viable medium of exchange for goods and services. While traditional payment methods like credit cards and cash remain dominant, the adoption of cryptocurrencies is steadily increasing.

Benefits of Using Crypto for Purchases:

Decentralization: Crypto transactions are not controlled by a central authority, making them potentially more secure and resistant to censorship.
Global Reach: Cryptocurrencies can be used to make payments across borders without incurring high transaction fees or conversion rates.
Anonymity: While not entirely anonymous, crypto transactions can offer a degree of privacy compared to traditional payment methods.
Innovation: Cryptocurrencies are driving innovation in various industries, such as gaming, finance, and supply chain management.
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