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Author Topic: Do you spend crypto? If yes, for what?  (Read 1446 times)
pateo9 (OP)
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March 22, 2022, 11:25:20 AM
Merited by hZti (1)
 #1

Here's a question to the audience. Do you actually buy stuff with crypto, like services or goods? If yes, what kind?

I've recently got a Binance card to play around with and use it to pay for everyday expenses. Works pretty well.
YellowSwap
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March 22, 2022, 11:28:21 AM
 #2

I've paid for app unclock using bitcoin cash and I've also bought VPN service with LTC before, crypto payment options are now getting popular right beside MasterCard payment options, I've not seen or pay with my wallet offline before like in the real world only online.

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pateo9 (OP)
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March 22, 2022, 11:42:16 AM
 #3

I've paid for app unclock using bitcoin cash and I've also bought VPN service with LTC before, crypto payment options are now getting popular right beside MasterCard payment options, I've not seen or pay with my wallet offline before like in the real world only online.

Right, I forgot that I paid for a VPN as well. Also for some IP tv service I've used for a while. Bit, like you, haven't paid for anything in the "real" world.
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March 22, 2022, 12:31:39 PM
 #4

Here's a question to the audience. Do you actually buy stuff with crypto, like services or goods? If yes, what kind?

I've recently got a Binance card to play around with and use it to pay for everyday expenses. Works pretty well.
When it's a talk about spending, i'm much more holder than one who's gonna spend. Think that holding token is very important and crucial when it comes to expanding the community and project, so better trying to earn some especially by p2e gaming, investing some time with MANA ofc, and then started with Sandbox and following new games to came which besides Illuvium, ENGN got my attention and looking sharp so far.
cryptoaddictchie
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March 22, 2022, 01:00:50 PM
 #5

Here's a question to the audience. Do you actually buy stuff with crypto, like services or goods? If yes, what kind?

I've recently got a Binance card to play around with and use it to pay for everyday expenses. Works pretty well.
If only Binance card is applicable in our country maybe I spend some of my crypto for payment using that. But since its not, my tendency is to convert to fiat first from stablecoins then withdraw it to my bank and paid for goods or services. Actually its same but some country enjoy the perks of some good crypto card like crypto.com and binance card.

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pateo9 (OP)
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March 22, 2022, 01:27:24 PM
 #6

Here's a question to the audience. Do you actually buy stuff with crypto, like services or goods? If yes, what kind?

I've recently got a Binance card to play around with and use it to pay for everyday expenses. Works pretty well.
If only Binance card is applicable in our country maybe I spend some of my crypto for payment using that. But since its not, my tendency is to convert to fiat first from stablecoins then withdraw it to my bank and paid for goods or services. Actually its same but some country enjoy the perks of some good crypto card like crypto.com and binance card.

Where are you from? I've actually started this thread for professional reasons as I'm currently building a service that allows payment using crypto to other bank accounts, without the hassle of converting and withdrawing it on your own.
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March 22, 2022, 02:13:23 PM
 #7

Here's a question to the audience. Do you actually buy stuff with crypto, like services or goods? If yes, what kind?

I've recently got a Binance card to play around with and use it to pay for everyday expenses. Works pretty well.
If only Binance card is applicable in our country maybe I spend some of my crypto for payment using that. But since its not, my tendency is to convert to fiat first from stablecoins then withdraw it to my bank and paid for goods or services. Actually its same but some country enjoy the perks of some good crypto card like crypto.com and binance card.
I do the same but only with a certain amount. That is sell only the amount that is needed for everyday expenses. And so try to do this less often because cryptocurrency is needed for many other opportunities. For example, you need another coin and with the help of swap it achieves the result. At this time think it is necessary to sell less and buy more.

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asriloni
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March 22, 2022, 02:41:22 PM
 #8

Here's a question to the audience. Do you actually buy stuff with crypto, like services or goods? If yes, what kind?
I buy some stuff with crypto. Remember that so many services are starting to accept crypto. I bought some stuff from others used stable tokens and native coins like bitcoin or ethereum. I were also using service that can be paid used altcoins.


I've recently got a Binance card to play around with and use it to pay for everyday expenses. Works pretty well.
I have been using it as well and i have good experience with this one. I'm also still using card by cryptodotcom as well. Both are working perfectly for me. I never encounter any problem with both.

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$crypto$
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March 22, 2022, 02:47:14 PM
 #9

I've paid for app unclock using bitcoin cash and I've also bought VPN service with LTC before, crypto payment options are now getting popular right beside MasterCard payment options, I've not seen or pay with my wallet offline before like in the real world only online.

Right, I forgot that I paid for a VPN as well. Also for some IP tv service I've used for a while. Bit, like you, haven't paid for anything in the "real" world.
Likewise, I can only pay for a VPN using crypto, the rest is still difficult to buy goods with crypto because the law on buying goods with crypto is still not allowed except fiat.

But I don't buy physical goods but for internet needs, so I often buy with crypto, it's easy, but for a Binance card my area doesn't seem to cover it.

But I'm sure it will happen in the future.

R


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gurunanakji777
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March 22, 2022, 03:14:40 PM
 #10

I belong to India and I think we don't have the option to apply for the Binance card at the moment. If we get the chance or are allowed to have it I would definitely love to have it so that I can also use my crypto for the payments. Hope I will also use the card in the Future.

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March 22, 2022, 03:20:20 PM
 #11

Here's a question to the audience. Do you actually buy stuff with crypto, like services or goods? If yes, what kind?

I've recently got a Binance card to play around with and use it to pay for everyday expenses. Works pretty well.
Wayback when steam is still accepting bitcoin for me to buy steam credits then i do actively make use of my coins because it is really just convenient for me to do so.

Also, i do make use of my local wallet which i could buy up mobile load but now i do realized that it was just a waste of coin for me to spend those in the past
but it was really a good experience but it do really missed out the chance for me to make good profits if i do able to hold it.

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March 22, 2022, 03:20:55 PM
 #12

Here's a question to the audience. Do you actually buy stuff with crypto, like services or goods? If yes, what kind?

I've recently got a Binance card to play around with and use it to pay for everyday expenses. Works pretty well.
I want to believe the real purpose of this topic is to know the level of adoption or usage of crypto by the people in this forum. If it is so, it is actually a nice attempt. Before now, all I do is to convert crypto to fiat if I want to get goods or services. But recently I have started using crypto to make some purchases. I used crypto to pay for my vpn service, I use crypto to pay for Web services and I use crypto for casino gambling. This has made me limit how I convert crypto to fiat as I now see places I can spend my crypto.

R


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pateo9 (OP)
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March 22, 2022, 04:29:56 PM
 #13

Here's a question to the audience. Do you actually buy stuff with crypto, like services or goods? If yes, what kind?
I buy some stuff with crypto. Remember that so many services are starting to accept crypto. I bought some stuff from others used stable tokens and native coins like bitcoin or ethereum. I were also using service that can be paid used altcoins.


Was there anything you wanted to buy, buy couldn't find a provider that accepted crypto?
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March 22, 2022, 04:36:48 PM
 #14

Here's a question to the audience. Do you actually buy stuff with crypto, like services or goods? If yes, what kind?

I've recently got a Binance card to play around with and use it to pay for everyday expenses. Works pretty well.
I want to believe the real purpose of this topic is to know the level of adoption or usage of crypto by the people in this forum. If it is so, it is actually a nice attempt. Before now, all I do is to convert crypto to fiat if I want to get goods or services. But recently I have started using crypto to make some purchases. I used crypto to pay for my vpn service, I use crypto to pay for Web services and I use crypto for casino gambling. This has made me limit how I convert crypto to fiat as I now see places I can spend my crypto.

As I mentioned in an earlier post, I am developing a service that helps purchase services with crypto, but I'm generally interested in the habits of spending crypto in the community. I believe, having an efficient offramp and payment ecosystem would be beneficial for the community.
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March 22, 2022, 04:42:25 PM
 #15

Pre-2015, I used it several times to convert to and from other digital gateways like Skrill, Paypal and PM. Even after that, I used my coins to top up my mobile several times, still doing it sometimes. I also bought a hosting and some domain names from Namecheap and a lot more domain names from Porkbun both of which supports crypto. I have also bought some VCC, accounts and even game keys with crypto. I have minimized it now but am planning to get a new hosting, this time from hostinger.



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[15.00000000 BTC]


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isaac_clarke22
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March 22, 2022, 04:45:14 PM
 #16

I never really bothered with Binance card although people here are mentioning it quite frequently. I just usually stick to my own wallet in spending or buying stuffs online although it is a bit indirect method since I somehow convert it first to my local currency before dispatching a payment.

Good thing I don't encounter fees though, just a little bit of conversion fees lol.
xzone
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March 22, 2022, 05:08:44 PM
 #17

I made small purchases with cryptocurrencies, but none of them were physical products. It can be useful for purchasing services, but we don't have much use in the real world yet, we can only buy things in a few countries or in a few stores.
I have not made such a shopping choice yet, not had such an opportunity Smiley

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pateo9 (OP)
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March 22, 2022, 05:18:03 PM
 #18

I made small purchases with cryptocurrencies, but none of them were physical products. It can be useful for purchasing services, but we don't have much use in the real world yet, we can only buy things in a few countries or in a few stores.
I have not made such a shopping choice yet, not had such an opportunity Smiley
Is there anything specific you would like to be able to buy with crypto, but cant?
GeorgeJohn
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March 22, 2022, 05:30:37 PM
 #19

I've paid for app unclock using bitcoin cash and I've also bought VPN service with LTC before, crypto payment options are now getting popular right beside MasterCard payment options, I've not seen or pay with my wallet offline before like in the real world only online.
that was then when people castigates cryptocurrency adoptions and cryptocurrency payment, right now some do value cryptocurrency payment than fiat currency payment, i can attest to that, because people prefer making payments crypto because of it fastness during transaction procession.

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wxa7115
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March 22, 2022, 05:41:30 PM
 #20

Here's a question to the audience. Do you actually buy stuff with crypto, like services or goods? If yes, what kind?

I've recently got a Binance card to play around with and use it to pay for everyday expenses. Works pretty well.
Of course I used bitcoin to buy stuff that I need, in fact that is the main reason that brought me to this market in the first place, I have bought a bunch of software, books, video games and some other stuff with my bitcoin over the years.

Now some may argue that was a waste of money since that bitcoin would have been worth more money right now than what I paid for that stuff, but bitcoin needs to also be used and not only be stored away in a cold wallet, it needs to circulate and if you have a reason to use it then you should do so, after all what is the point of taking all of that money to your grave?
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