What Can I Buy with Bitcoin? Check the answer here!

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Bittime - Bitcoin is one of the most popular and influential crypto assets in the world. Bitcoin was created in 2009 by a person or group using the pseudonym Satoshi Nakamoto. Bitcoin serves as a peer-to-peer payment system that does not require intermediaries such as banks or central authorities.

Bitcoin as a Payment Method

Bitcoin uses blockchain technology to record and verify all transactions that take place on its network. Bitcoin has become popular as one of the digital payment methods that can be used for various transactions, both online and in the real world.

While it sometimes has higher transaction fees than many other cryptocurrencies, Bitcoin remains an attractive option for large transactions due to its strong security. In addition, Bitcoin also has a high and volatile exchange rate, which makes it attractive to speculators and investors.

What Can I Buy with Bitcoin?

1. Online Shopping

One of the most common ways to use Bitcoin is to shop online. There are many online stores that accept Bitcoin as a payment method, both selling general and specialty items. Here are some examples of online stores that accept Bitcoin:

Online Shops That Accept Bitcoin

• Overstock: A well-known online store that accepts and supports payments with Bitcoin. Overstock sells a wide range of products, ranging from furniture, jewelry, clothing, to electronics. Overstock was also one of the first major companies to accept Bitcoin as payment in 2014.
• Home Depot: The largest home improvement chain in the United States. Home Depot accepts Bitcoin through its Flexa payment platform, which allows customers to pay with the cryptocurrency at more than 30,000 retail stores in the US. Home Depot sells a wide range of products for household needs, such as tools, building materials, kitchen utensils, and others.
• Newegg: An electronics retail giant that accepts payments with Bitcoin for most of its goods. Newegg is one of the largest online stores that sells electronic products, such as computers, laptops, cameras, printers, and others. Newegg started accepting Bitcoin as payment in 2014.
• Shopify: An e-commerce platform that allows users to create their own online stores. Shopify accepts Bitcoin as one of the payment options available to sellers and buyers. Shopify has over a million online stores that sell a wide variety of products, from clothing, accessories, books, to food.

2. Online Services

In addition to shopping online, Bitcoin can also be used to pay for various online services, such as streaming, VPN, email, and others. Here are some examples of service providers that accept Bitcoin:

Service Providers That Accept Bitcoin

• AT&T: A mobile service provider that accepts Bitcoin as a payment option. AT&T is one of the largest cell service providers in the U.S., offering telephone, internet, and TV service. AT&T began accepting Bitcoin as payment in 2019 through its BitPay payment platform.
• Twitch: A live streaming platform that supports payments with Bitcoin. Twitch is a popular streaming platform among gamers, which allows them to broadcast and watch video games live. Twitch accepts Bitcoin as one way to buy Twitch credits, which can be used to tip, subscribe and purchase virtual items on the platform.
• ExpressVPN: Secure and fast VPN network. ExpressVPN is one of the best VPN providers in the world, offering VPN services that can protect users' privacy and security while surfing the internet. ExpressVPN accepts Bitcoin as one of the payment methods for subscribing to its service.
• ProtonMail: An end-to-end encrypted email provider. ProtonMail is one of the most secure email providers in the world, offering an end-to-end encrypted email service, meaning only the sender and recipient can read the contents of the email. ProtonMail accepts Bitcoin as one way to pay for its premium service, which offers additional features such as larger storage, custom domains, and priority support.

3. Video Game Purchases

For video game enthusiasts, Bitcoin can also be used to purchase games, add-ons, and subscriptions on various game sales platforms. Here are some examples of gaming sales platforms that accept Bitcoin:

Game Sales Platforms That Accept Bitcoin

• Xbox: Uses Bitcoin to pay for Xbox Live games, add-ons, and subscriptions. Xbox is a game console produced by Microsoft, which offers a variety of popular games, such as Halo, Forza, Gears of War, and others. Xbox accepts Bitcoin as one way to replenish your Microsoft account balance, which can be used to purchase games, add-ons, and Xbox Live subscriptions, which gives access to online games, free games, and exclusive discounts.
• Humble Bundle: A digital store that donates a portion of its revenue to charity. Humble Bundle is a digital store that sells games, books, and software at prices set by buyers. Humble Bundle also donates a portion of its revenue to various charitable organizations, such as UNICEF, Doctors Without Borders, and others. Humble Bundle accepts Bitcoin as one of the available payment methods.
• Big Fish Games: A casual gaming company based in Seattle, Washington. Big Fish Games is a gaming company that specializes in casual games, such as puzzle, arcade, adventure, and others. Big Fish Games accepts Bitcoin as one way to purchase games and virtual items on its website and mobile app.

Also Read How to Buy Crypto:

How to Shop with Bitcoin?

To make a purchase using Bitcoin, you can visit a website or online store that accepts this digital currency as a payment method. Usually, you will be asked to scan a QR code or enter your Bitcoin wallet address to send the amount of Bitcoin that corresponds to the price of the goods or services you purchased. You can also use a Bitcoin wallet app on your phone to ease the payment process.

In addition, you can also use Bitcoin gift cards to shop at places that do not yet accept Bitcoin in person. Bitcoin gift cards are cards that can be purchased with Bitcoin and can be exchanged for goods or services in certain stores. Some examples of Bitcoin gift cards are:

• Bitrefill: A website that sells gift cards for various online stores, services, and popular brands, such as Amazon, Netflix, Starbucks, and others. Bitrefill accepts Bitcoin as one of the ways to purchase its gift cards.
• Fold: An app that allows users to buy gift cards with Bitcoin and get cashback in Bitcoin. Fold offers gift cards for a variety of retail stores, restaurants, and services, such as Home Depot, Uber, Domino's, and others.
• Gyft: A website that sells gift cards for various online and offline stores, such as iTunes, Target, Sephora, and others. Gyft accepts Bitcoin as one of the ways to purchase its gift cards.

Conclusion

Bitcoin has grown as a payment method that is widely accepted by various online stores, services, and even large corporations. While not all places accept Bitcoin as payment, there are plenty of options available for those who want to use the digital currency to shop for goods and services. With the growing adoption of Bitcoin, it can be expected that more businesses will start accepting Bitcoin as a payment option.

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How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and secure way through Bittime. Bittime is one of the best crypto applications in Indonesia that has been officially registered by Bappebti.

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. In addition, also make sure that you have enough balance by depositing some funds into the wallet. For your information, the minimum asset purchase at Bittime is Rp10,000. After that, then you can make a crypto asset purchase in the application.

Monitor the price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.

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DISCLAIMER: This article is informational in nature and does not constitute an offer or solicitation to sell and buy any crypto asset. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices may change significantly from time to time and Bittime is not responsible for fluctuations in crypto asset exchange rates.