Do you pay with crypto???

[michellee]

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

Using Litecoin as the payment will be an alternative to using bitcoin as the fee is not too high. But I do not use crypto as the payment to buy a product or pay for some services because I prefer to convert to fiat or buy a Paypal balance from my sellers.

I am trying to save my bitcoin and not use it for paying something because I see the potential of bitcoin price rising so high is wide open. After what happen to bitcoin reaching $64k, I believe that the price will increase more than that price.

[Bitstar_coin]

Presently No, majority of my assets are in alts which can't be use for transaction, I have come across some few online sites that accept btc for payment but am more comfortable using fiat for now, besides btc price is volatile and since I don't have much of it I don't plan on spending the little I own on items online when fiat can still serve that purpose, I will rather hold them as assets for a better price.

[wajik-tempe]

Presently No, majority of my assets are in alts which can't be use for transaction, I have come across some few online sites that accept btc for payment but am more comfortable using fiat for now, besides btc price is volatile and since I don't have much of it I don't plan on spending the little I own on items online when fiat can still serve that purpose, I will rather hold them as assets for a better price.

Yeah BTC payment in some sites are not confortable to use, they usually not using the latest update of btc price but it's higher than the current price also with the transaction fee is crazy.
I think it's better to use USDT payment if available, still make sense if we want to make any payment transfer but ofcourse with low fee.
Cryptocurrency still need many improvement if they really want to replace fiat in the future

[xSkylarx]

Presently No, majority of my assets are in alts which can't be use for transaction, I have come across some few online sites that accept btc for payment but am more comfortable using fiat for now, besides btc price is volatile and since I don't have much of it I don't plan on spending the little I own on items online when fiat can still serve that purpose, I will rather hold them as assets for a better price.

Agree that it is far better to keep it than to spend it now, as the price will undoubtedly rise. I believe that a ton of websites are now using those cryptos because they are so well-known, but the issue is the higher fees and the fact that they are extremely volatile. If you want to hold your alts, then Fiat is a great option. Crypto  is both an investment and a fun way to keep just to watch the price change. For the time being, I prefer fiat to alts because they serve the same purpose of payment; I'd rather keep my alts than spend them now.

[YOSHIE]

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

Have you ever tried crypto payment transactions with ETC and ZIL, I saw both crypto nothing in the vote, apart from cheaper fees both crypto are super fast in the payment process.

If you don't believe me, maybe you can try, I guarantee you'll like it, I've done it hundreds of times in payments with ETC and ZIL.

For now I am more comfortable in paying using the two crypto that I mentioned.

[Luzin]

For now I am more comfortable in paying using the two crypto that I mentioned.

Maybe in this case it has to do with transfer speed and cost. Although I've never used LTC and ZIL, I do use DGB a lot. Although sometimes not everyone accepts, but several times I negotiated and was accepted. Because the network is not congested, so it is quite fast and the cost is quite cheap. If I'm not mistaken it costs around 50$/worth about 1100DGB at a cost of 0.2 DGB. Although this is like a P2P transaction it is not an official transaction, because my country forbids using crypto as a legal tender.

[OrangeII]

So far, I'm using TRX and BNB. You know that BNB is very popular right now, and even people are using BSC for it. however, for transactions between exchanges to exchanges, I use TRX. some exchanges only use 1 or 2 TRX for one transaction. so I think, it is the cheapest transaction fee.

[Reatim]

Depend on the availability of which i am dealing because in my country it is Bitcoin in demand or mostly accepted but i also use Ethereum in some cases in the past.

also In some local trades we are dealing using XRP because our local wallet supports this still and having very cheap fees and fast transaction.

But what I am aiming is the time that all crypto will be available so i can choose which to use from my folio .

So far, I'm using TRX and BNB. You know that BNB is very popular right now, and even people are using BSC for it. however, for transactions between exchanges to exchanges, I use TRX. some exchanges only use 1 or 2 TRX for one transaction. so I think, it is the cheapest transaction fee.

Well Binance coin is still on hold in my local wallet but there is a rumor that in this year it will be open so this is also one of my options .

[velo1980]

I see some members mentioned different crypto for payments, that is good really. my focus and i use now mostly usdt and trx. Bnb also I will try in next period. It is good to have choice so we can choose what is best for us personaly.

[bitzizzix]

Presently No, majority of my assets are in alts which can't be use for transaction, I have come across some few online sites that accept btc for payment but am more comfortable using fiat for now, besides btc price is volatile and since I don't have much of it I don't plan on spending the little I own on items online when fiat can still serve that purpose, I will rather hold them as assets for a better price.

Agree that it is far better to keep it than to spend it now, as the price will undoubtedly rise. I believe that a ton of websites are now using those cryptos because they are so well-known, but the issue is the higher fees and the fact that they are extremely volatile. If you want to hold your alts, then Fiat is a great option. Crypto  is both an investment and a fun way to keep just to watch the price change. For the time being, I prefer fiat to alts because they serve the same purpose of payment; I'd rather keep my alts than spend them now.

I also do the same choosing to store it instead of spending it using crypto, and another reason is because in the country where I live it is not available or prohibited from using crypto as a means of payment.
so I'm more comfortable keeping it because I believe in the future it will be much more expensive and even though I need it I have to convert it and even then rarely do it, because I think as long as I can use fiat to do whatever I want why should I use crypto which I think will be more expensive in the future .

[BuNga_cute]

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

Using Litecoin as the payment will be an alternative to using bitcoin as the fee is not too high. But I do not use crypto as the payment to buy a product or pay for some services because I prefer to convert to fiat or buy a Paypal balance from my sellers.

I am trying to save my bitcoin and not use it for paying something because I see the potential of bitcoin price rising so high is wide open. After what happen to bitcoin reaching $64k, I believe that the price will increase more than that price.

Litecoin is indeed an altcoin that has low fees for transactions, but to my knowledge, people who use it as payment is still rare. Most use Litecoin
to send funds, the problem is that it is still very rare for merchants to accept payments with Litecoin, so Litecoin is rarely used for payments.
Most merchants only accept payments with Bitcoin, but we know Bitcoin transaction fees are quite expensive. With the price of Bitcoin reaching $64k
it is better to save rather than spend it on buying something. Because there is a possibility that the price of Bitcoin will continue to rise and reach
new ATH at the end of this year. But if there is an urgent need, I can't help but be forced to sell some of the Bitcoins I have. Because in my country
it is forbidden to use crypto for payments, I will convert my Bitcoins to fiat first.

[Zilon]

From the few transaction I have done using crypto I only meet Bitcoin users and less of altcoins. Although most altcoins have less gas fee compared to Bitcoin but the feel more comfortable with Bitcoin which requires me swapping my altcoins to Bitcoin each time I need to do some transaction.

Another coin I have transacted with is XRP but I think it's only twice. All along it's been Bitcoin all they way and stable coin Usdt when ever it involves boarder transaction

[electronicash]

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

Have you ever tried crypto payment transactions with ETC and ZIL, I saw both crypto nothing in the vote, apart from cheaper fees both crypto are super fast in the payment process.

If you don't believe me, maybe you can try, I guarantee you'll like it, I've done it hundreds of times in payments with ETC and ZIL.

For now I am more comfortable in paying using the two crypto that I mentioned.

altcoins are rarely accepted. i have not seen any merchants going to accept ETC or ZIL. if an altcoin is going to be accepted, it has to be used by the community, dogecoin is being used in casinos that why there are some businesses that use and accept it. 

there are more merchants accepting ETH than any altcoins but it's got to be BTC that businesses like the most.

[ralle14]

I use Bitcoin to pay some of my online subscriptions and gift cards if I want to buy certain products that'll be on sale. Back then I usually convert my crypto to fiat since there's a lot of exchanges that didn't have KYC but now I spend my Bitcoin directly now that a lot of services are starting to accept Bitcoin. I remember paying with an altcoin that one time, they also accept Bitcoin but for some reason, their payment processor didn't have the option available while I was making the payment.

[5sharks]

5Sharks – freelance, the only solution that connects Startups and Business with kickass and proven freelance talent to cover all your needs.

Expand your team, build your brand, connect with specialists, or extend your bandwidth, 5Sharks is the best place to hire the best talent. With 5Sharks you pay or earn in the most talked about currency, CRYPTOCURRENCY. 5Sharks supports over 150 of the most common and popular tokens.

[Rishabh riyz]

Just see the profit and return of holding Bitcoins , don't we all know a guy who spended Bitcoins for some pizza?
Yeah the value are too much inflated as compared to the older days , imagine we buy something with Bitcoins today and the value increases then we would be just overpaying  for the services or good we buy , or take it this way if someone runs a business would they be accepting Bitcoins when the bubble forms and is about to burst? Would they be willing to risk that the value of Bitcoin would be going to get higher and accept huge payments? .

I personally believe that Bitcoins have developed  to such an extent that majority of the people use them as an asset rather than using them as a currency,

[Gudhal Untu]

I once paid for a domain with bitcoin, I think payment with cryptocurrencies is very easy and fast, but the thing that makes me not actively using cryptocurrencies is because of the large transaction fees.

[Marvell1]

I usually use the TRON USDT network to transfer money to my friends or buy something from them, sometimes I have to convert USDT to DOGE because I have a client and he only accepts DOGE. I only use crypto payments for people I know, I still haven't had a chance to pay for crypto in shops and restaurants in my hometown because crypto is not yet popular here.

[The Cryptovator]

Yes definitely, I used Bitcoin to purchase a few things. For example, the domain name from Namecheap for me and for others as well. I have bought an Amazon gift card from the forum with Bitcoin. As I can remember I have used Bitcoin in these two things, I never used any other coin like litecoin or Ethereum to purchase anything. If you are wondering to integrate a payment gateway on your platform then I will suggest using Bitcoin. It is most secured and I am not sure if it is possible for you but you may use a lightning network to reduce fees.

[LogitechMouse]

Paying with crypto? No not at all.
Paying using crypto? Yes but I'm converting it into our own currency and that is what I'm using to pay some bills or expenses here.

I'm involved into crypto for some time already but I never tried to pay some things online using crypto. I wish I could have to but right now, merchants that are accepting crypto are very few. I choose "Fiat guy" since not many establishments are using crypto. Maybe if the pandemic will be gone, I might try to explore different establishments in malls and ask if they are accepting crypto .