Do you pay with crypto???

[DarkDays]

What an interesting find. People pay a lot with BTC than any other alts 

I would have thought to be on the safe side people would convert what they needed into stable and use that as payment. Most merchants now accept stablecoins and there's no risk of devaluation or hyperinflation. That's my reasoning anyway.

Still super interesting to see how people use their alts like LTC and BNB to pay for things - you learn everyday!

[isaac_clarke22]

~

I have a feeling that merchants claiming to be adopting Bitcoin would almost instantly convert them still into fiat if not stablecoins for safety purposes. The volatility of the price of BTC could be too much of a burden for a certain business to still be alive. It is like an eggshell business.

[OrangeII]

• Bitcoin
• Ethereum
• BNB
• Stablecoin

those are the 4 coins that I use as a means of payment on the internet, and the ones I use the most are BNB and stable coins. however, I chose the two coins because they have cheaper fees than bitcoin and ethereum. however, under certain circumstances, I also use bitcoin and ethereum as means of payment on the internet because both coins have wider acceptance than BNB.

[jacobwallace]

Markets for cryptocurrencies are typically unpredictable, and the amount you pay now may not be the price you pay tomorrow.

[Samsungs10]

I also use Litecoin more often for payments, in addition to the cheap fees and very fast service. But in certain situations I also use bitcoin and ETH as other payment options, because I think that's the only safe and I can trust so far. But still enjoy using Litecoin payments.

Actually the habit factor can also determine someone to be able to use something. but i've never used litecoin myself so not much i know. if now it's clear that ethereum is still paying quite expensive so you have to look for other alternative platforms and usually now used are the bsc or trx platforms.
once again the low cost factor is very important in all transactions that we will use and keep it at the same speed and obviously as safe as you say.

[dupee419]

• Bitcoin
• Ethereum
• BNB
• Stablecoin

those are the 4 coins that I use as a means of payment on the internet, and the ones I use the most are BNB and stable coins. however, I chose the two coins because they have cheaper fees than bitcoin and ethereum. however, under certain circumstances, I also use bitcoin and ethereum as means of payment on the internet because both coins have wider acceptance than BNB.

BNB provides a cheaper fee compared to the other cryptocurrencies you mentioned above, I as well use BNB a lot for transactions since it's really cheap compared to other coins, though I use Bitcoin for such payments if the online store only accepts Bitcoin or ETH, I wouldn't want to use Ethereum though because of the gas fee, my go-to cryptocurrencies will definitely be Bitcoin, BNB and Ethereum.

[Ararbermas]

None of the above because i used to convert some of my crypto since most of the online store here in our country are using other digital currency, i mean not decentralised., but obviously i don't want to spend with my cryptos when it comes to such way, especially bitcoin and others wherein i can make good return by holding. Seems a big mistake. Lol i will choose other crypto that very stagnant and covert it to fiat no matter what..  

[adzino]

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

Of all the coins that you have mentioned I have used only Bitcoin, Litecoin, Dogecoin and Ethereum for making payments. Right now I only use Bitcoin when the fees are reasonable (which it is most of the time). Ethereum has some insane fees for which I stopped using it, but currently holding it for long term. Sold all dogecoin. Don't remember when was the last time I used Litecoin though. And for the most of the time I am the "fiat guy".

[jostorres]

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

I have not used Litecoin before although I have heard that it is very fast than Bitcoin and also has cheaper fees. So far what I’ve been using for making payments are Bitcoin, ethereum, and Tron. Among these three I think I like Tron because it is usually fast and also has a really cheap fees that I have to pay for the transactions, unlike Bitcoin and Ethereum where I would have to be paying a lot of fees for a single transaction.

I once had to pay around $15 for a transaction of around $120 for Bitcoin, so at times the transaction fees that you have to pay for Bitcoin is usually too much, although sometimes it also reduces as well, and that’s the same thing with Ethereum.

[barabeku]

Unfortunately, it is forbidden to pay with crypto in my country. We can invest in it, we can work on the crypto market, but we are not allowed to pay with it for any goods or services. But if I had such an opportunity, I would choose stable coins for it, as it is a stable asset and I would know exactly how muck I pay. What is more, I prefer holding Bitcoin, so it is rather an investment asset to me than a means of payment.

[xSkylarx]

Unfortunately, it is forbidden to pay with crypto in my country. We can invest in it, we can work on the crypto market, but we are not allowed to pay with it for any goods or services. But if I had such an opportunity, I would choose stable coins for it, as it is a stable asset and I would know exactly how muck I pay. What is more, I prefer holding Bitcoin, so it is rather an investment asset to me than a means of payment.

What country is this? I think it is something difficult this  because if the country will ban bitcoin completely meaning all sent, received and earning  is prohibited which mostly they do this on the banned the bitcoin in countries. But there are still people in the countries that they invest illegal and also in secret since the government will not know. I am glad that here in our country is they not banning bitcoin so it is good to us

[TheUltraElite]

I have a feeling that merchants claiming to be adopting Bitcoin would almost instantly convert them still into fiat if not stablecoins for safety purposes. The volatility of the price of BTC could be too much of a burden for a certain business to still be alive. It is like an eggshell business.

True, maybe they will understand the volatility will change with time and therefore hold some to sell later. In either case it ends up being the same for them as it was to the previous owner, waiting to sell it for a higher price, in the meantime the previous owner got a chance to use the money to buy something they needed.

Although I have seen that volatility in the bitcoin market tends to remain below 15% every year maximum. Therefore a <100$ transaction would not make much difference in price when the price rise or falls. It is not like gold where you should wait for the market to drop before you buy it.

Markets for cryptocurrencies are typically unpredictable, and the amount you pay now may not be the price you pay tomorrow.

Like I said, a low value transaction that you would likely do for a daily necessity will not be influenced too much by the daily change in price. Some days can be extreme for the markets too but that is lesser in frequency than general.

[Tigerheart3026]

i using those 3 currencies (bitcoin,ethereum and litecoin) to get a few services from online, but now i avoid to use btc and eth because of high transaction fee, ltc is making my work easier because it's a quite lower cost network.

[Pejoh Asu]

Currently the coins that I often use for transactions are BNB, ethereum and Polygon, I rarely use bitcoin because the transaction fees on exchanges are very high up to 0.0003 btc or around $19 per transaction, whereas with BNB I can send money for under $3 if from exchanges and under $1 if using TRUST Wallet.

[Peanutswar]

As for now some of the establishments in my country are supported with the use of the bitcoin payment but it's just limited stores mostly on the fiat currency payment some of them don't want the crypto payment because it's volatile well unless if the platform has the fixed rate of the payment. In terms of payment to some of my known friends make a ripple (xrp) payment if they need to pay ir debts which are good for some of them to get a ride of the market volatility.

[Nathrixxx]

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.

[bitterguy28]

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

the Only option in My country is Bitcoin , ethereum and also Ripple in which can easily use with our local wallets so this means each coins has a value for me using as payment.

but also there are limited use in my place so I may choose conversion to Fiat first before paying .
so what i choose in Poll are the coins I literally use.

[Oasisman]

Unfortunately, it is forbidden to pay with crypto in my country. We can invest in it, we can work on the crypto market, but we are not allowed to pay with it for any goods or services. But if I had such an opportunity, I would choose stable coins for it, as it is a stable asset and I would know exactly how muck I pay. What is more, I prefer holding Bitcoin, so it is rather an investment asset to me than a means of payment.

Well, that's basically the same as spending fiat after being converted from crypto.
You will never going to experience an actual transaction of cryptocurrency like XRP, ETH, or BTC which you might going to pay much or less depends on market volatility when you use stable coins to pay for something.
That's what majority prefers anyway to secure the funds.

[kalon]

Dash. Dash all day.

Good merchant adoption and using services like Dash Direct is so super fast and buttery smooth.

Give it a try and you'll see why Dash is the payments coin to use.

[rozak]

In my country being unable to transact using cryptocurrency it is strictly prohibited. We need a conversion to fiat first. Maybe some digital stores provide it, but not many networks, usually just dogecoin and bitcoin only.

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.