Do you pay with crypto???

[taufik123]

not many accept bitcoin or another crypto for transactions. even in a country that doesn't prohibit it, I believe the use and adoption of Fiat will still be greater than the adoption of crypto for trading.
updates such as the use of crypto-assets such as bitcoin for transaction tools, I believe it all must go together. Of course, it will get a lot of opposition, but it must all be well thought out.
I have not used it as a means of payment. only crypto investment and trading assets.

crypto is still too valuable and carries a high risk of losing value due to fluctuations. I only made payments for services using bitcoin a few times and at that time the price of bitcoin was still very cheap. If I held on until now I would probably gain many times over. As you said, crypto is currently only used as a means of investing or trading commodities and some countries that are starting to adopt bitcoin as a means of payment still need to do a deeper study so that it doesn't have a bad impact on their country's economy.

[Zanab247]

Many business men and women in my country prefer bitcoin payment for any goods or services in the community because many bitcoin users are used to bitcoin payment than fiat money in the country. Those business men that is accepting bitcoin for payment are seriously doing well in their businesses than others that accept ethereum and BSC in the market. Bitcoin users are more popular than others altcoin users in the community because most of the people that are accepting bitcoin for payment are making more profits from their businesses than others that expect crypto for payment .
I prefer to buy goods from where bitcoin accepted for payment because, it easy for me to carry out my transaction successful without any delay.

[syedzakir]

Paying with crypto is not applicable in the country where I am living. But my country is working on it to make it applicable as soon as possible.
Paying with crypto for sites that use cryptocurrency for joining or paying any specific fee is possible.

[terrorJR]

it seems that paying for something through crypto is becoming a trend right now because there are so many people doing that.
but don't know why I'm still not interested in using my assets in crypto for shopping or just buying something whether it's a need or a want.
I still love the assets that I have and prefer fiat or real money if I want an item or product.

[qwertyup23]

I am interested what do you guys use for payments.

I like Litecoin paying the most (superfast and supercheap) but I am not afraid to pay with Bitcoin.

Doing this little research because I am preparing project
I will appreciate honest answers and comments

Thank you

Ever since my country has started to be lenient into BTC, merchants nowadays can utilize the option of demanding BTC as payment to their products. Not to mention, GRAB (which is Uber in the Philippines) has this option where you can convert your BTC into their credits so you could enjoy their services being offered to the public.

Though back in 2018-2020 I have constantly used BTC as payment (I viewed it as fiat also), I understood that the value of it is much more valuable due to its inflation and limited supply. That is why currently, I save most of my BTCs and HODL them for long-term value.

[noormcs5]

The interesting part is not what you pay in but the exchange service used for the permanent, considering the rate of transaction charges, you can exchange any coin using different exchanges but the transaction charges is the maajor determinant, as for me i used binance to perform my transactions in bitcoin, all other coins i exchanged to bitcoin which is my desirability.

there is no acceptance of crypto payments in my country at the moment because crypto is still not licensed to use crypto as a means of payment. therefore we never use crypto as a means of payment. On the other hand, it is not appropriate to pay for an item with crypto because the transaction fees sometimes exceed the cost of the product itself.

Locally we also do not have any option to pay with crypto but many times i pay using USDT. There are number of reason why i choose usdt in online payments. One reason is that it is a stable coin and its price do not fluctuate. Secondly by using the trc20 chain, there is almost zero transaction fee which makes it best medium of payment.
If USDT is not an option available in some sites then i prefer ethereum over bitcoin.

[Rajamuda]

It's sad, where I am, I can only pay electricity bills, buy electricity credit, prime credit, speedy, and cash it in an application, and even then only Bitcoin, has not seen at all Altcoins' role as a means of payment for something.
Just a variety, hopefully this will be taken into consideration for the future so that we can do it better and make online transactions easier.

[rodskee]

It's sad, where I am, I can only pay electricity bills, buy electricity credit, prime credit, speedy, and cash it in an application, and even then only Bitcoin, has not seen at all Altcoins' role as a means of payment for something.
Just a variety, hopefully this will be taken into consideration for the future so that we can do it better and make online transactions easier.

Then at least you have option to use crypto and that is the only question needed to be answered , actually it is only YES or NO.

Yes if you are spending your coin for payment .

No if you aren't using this for payment.


Mine? YES i pay with crypto simple as that.

[Tigerheart3026]

It's sad, where I am, I can only pay electricity bills, buy electricity credit, prime credit, speedy, and cash it in an application, and even then only Bitcoin, has not seen at all Altcoins' role as a means of payment for something.
Just a variety, hopefully this will be taken into consideration for the future so that we can do it better and make online transactions easier.

you are lucky a bit because you got opportunity to use crypto with some real life cases.
in my side i only use crypto to refill my phone by bitrefill but i think it's services not necessary to use with crypto,
i will get same service but easier with fiat.

[DewiKirana]

Sometimes I use Dogecoin to pay for goods on forums, I like it because the transaction is fast and I have a large amount of Dogecoin. You have to start transacting using the Crypto of your choice.

[nur rochid]

It's sad, where I am, I can only pay electricity bills, buy electricity credit, prime credit, speedy, and cash it in an application, and even then only Bitcoin, has not seen at all Altcoins' role as a means of payment for something.
Just a variety, hopefully this will be taken into consideration for the future so that we can do it better and make online transactions easier.

you are lucky a bit because you got opportunity to use crypto with some real life cases.
in my side i only use crypto to refill my phone by bitrefill but i think it's services not necessary to use with crypto,
i will get same service but easier with fiat.

Until now, I have never made an official payment using crypto, all of which I converted into fiat currency, only to be able to use it to buy something. Moreover, I think currently crypto is more suitable for making profit from this business, rather than for payment, unless it is a fellow friend who is the same in the world of cryptocurrency

[Lubang Bawah]

If there is an online store that accepts cryptocurrencies then I would prefer to pay with crypto, the thing that makes crypto better in transactions is the cost and speed of transactions which are better than bank systems, and I hope that more online shopping accepts cryptocurrencies.

[isaac_clarke22]

~

Not much here in my country. It is only getting into the  trend news like front page of our local news, due to NFTs not because it is getting adopted by merchants though that would be okay since I do not want regulation anyway in crypto. If there is only way to pay directly with crypto in here, I would pay with that but no, still stuck in being bank slaves.

[Swapzone_pr]

When it comes to paying with crypto, I think Paypal is your best friend, cause it's definitely mine. I usually prefer Ethereum or BCH

[Japinat]

I voted for bitcoin, stablecoin, and none of the above because you did not list XRP which is one of the best online payment systems.

I usually move my crypto for gambling purposes, that's on a regular basis, my other assets are for investment purposes and I'm keeping it for long term. The adoption of crypto will grow in the future but we are or we belong to the early investors so it's wise if we also take the opportunity to hold for long term.

[spyderbilt]

in this payment I prefer a payment system with stable coins, where prices are stable and transactions also run well because stable coins do not experience volatility.  I think it's probably the most valid thing for now

[South Park]

Currently I still use fiat as a means of payment, because in my country there is no acceptance of payments using cryptocurrencies and the country does not recognize bitcoin as a legal medium of exchange. so i became bitcoin as asset to invest and seek profit in short term and long term.

You can use bitcoin to pay online for the things you need without having to do transactions face to face, I am pretty sure that is what the majority is doing anyway as there are not many businesses that are accepting payments for bitcoin directly at the time, so if you have not made a transaction to buy something that you want I encourage you to do it as we must remember that bitcoin is not only an investment but the best form of money available at the moment.

[worldofcoins]

Litecoin is what I use to do transactions. I used to use bitcoin for transactions, but with the high network fees, I switch to litecoin for payments. Most crypto payment gateways now accept it and the transactions are fast.

Payments through Binance network BSC is also very cheap atm.

Anyways have you tried Bitcoin segwit? if mempool isn't flooded with transactions then you'll likely the confirmation at 1sat/B which is around 100 satoshis.

It's better to check "mempool.space' before making transactions at 1sat/B.

[24Kt]

It's sad, where I am, I can only pay electricity bills, buy electricity credit, prime credit, speedy, and cash it in an application, and even then only Bitcoin, has not seen at all Altcoins' role as a means of payment for something.
Just a variety, hopefully this will be taken into consideration for the future so that we can do it better and make online transactions easier.

you are lucky a bit because you got opportunity to use crypto with some real life cases.
in my side i only use crypto to refill my phone by bitrefill but i think it's services not necessary to use with crypto,
i will get same service but easier with fiat.

Until now, I have never made an official payment using crypto, all of which I converted into fiat currency, only to be able to use it to buy something. Moreover, I think currently crypto is more suitable for making profit from this business, rather than for payment, unless it is a fellow friend who is the same in the world of cryptocurrency

As far as I remember, I only used btc for payment purposes but that was when btc was in the 20k level. Because today, if you try to use btc as payment, the fees are quite expensive so it is not practical. It is better to convert your crypto to fiat and then, just pay fiat. Because if there's available payment method as crypto, usually their charges are quite unreasonable. Also, as long as I can hold, I will hold. But if not, I convert my crypto to my local fiat and use it as payment, not really in direct payment of crypto.

[GbitG]

So far, I never pay something with cryptocurrency because there are no merchants that accept crypto in my country. It relates to our country's regulations. So it is impossible to do that right now.

Payments through Binance network BSC is also very cheap atm.

Anyways have you tried Bitcoin segwit? if mempool isn't flooded with transactions then you'll likely the confirmation at 1sat/B which is around 100 satoshis.

It's better to check "mempool.space' before making transactions at 1sat/B.

But unfortunately, not all crypto gateway payments or platforms accept BSC networks. I really hope that this will spread soon to many more platforms, Because well we know that the fees of this BSC network are lower than others.

I am feeling very lucky in this case because now I can use my bitcoin and Litecoin for many things even I am not able to use this in my country but right now having few merchants those are accepting these as payment method from me and I already start few buying's with this all its give me really pleasure because sometime back I was not able to do these things which are now possible just because of crypto. Can buy many products which are not in my area and have difficult payment methods, but crypto bring all world in my one click.