Can You Really Buy Things Using Cryptocurrencies?

GDC Coin Can You Really Buy Things Using Cryptocurrencies?

New Age Currency- Cryptocurrencies Long wait for the existence of “Virtual Money” seems to be over with the birth of Crypto currencies. Technology has made it possible, for this digital currency to exist in an ecosystem which is decentralized, unlike the commonly used fiat currencies.

In spite of being decentralized, the user can perform safe transactions and store it without going to any bank or financial institute. As they are available in limited numbers, and with passing time, the value increases exponentially. This is one of the reasons that the stored value of any cryptocurrencies is shooting like anything.

Also, they operate on a distributed public ledger termed as – Blockchain. The blockchain is records of transactions made by their owners, which gets updated during transactions. In short, this digital currency, by using cryptography, converts legible data into encrypted codes which are impossible to decode. These are used in tracking the purchases and transfers.

Spending Cryptocurrencies‌!!!

If you can buy Cryptocurrencies, make smart investment with them, can you buy things using them? You must be interested to find out, whether they are accepted as legal tenders or not? Do retailers, businesses sell their products and services against Cryptocurrencies?

The answer to all such questions is a BIG- YES! Forget times of initial resistance in last few years, Cryptocurrencies are now accepted by big corporate houses, giant businesses and retailers as well. They are accepted for purchases made on- Online E-Commerce Sites, to get discounts, buy jewelry and much more. Let’s explore what all you can buy with your Cryptocurrency?

Online Shopping

Social Work

Book AirTickets

Spending Crypto currencies

Gift Cards

Merchants Accepting Cryptocurrency

Online Shopping 1.

Microsoft accepts one of the famous CryptocurrenciesBitcoin, for purchasing their Apps, Games, and Videos from its Windows, Window Phones and even Xbox platforms. The global computing giant started accepting Crypto since December 2014.

2. Dell, the computer technology global giant, since July 2015 is accepting Cryptocurrencies for buying their high-end PCs. They even had an introductory offer of 10%.

3. Overstock, the retail giant offering everything from furniture to jewelry to electronics under its banner, has since January 2014 been accepting Cryptocurrencies.

They started accepting it initially with purchases in the US and are now open to purchases in hundred countries.

Gift Card 1. It is easy to turn your virtual money into realworld currency by converting them into “Gift Cards”. Numerous gift card businesses accept cryptocurrencies which can be used for purchases at International brands like- Amazon, Walmart, Target, Nike, Gyft, and GiftCardZen. 2. Gift Off, the U.K. based digital gift card retailer, allows its customers to purchase gift cards using more than fourteen different cryptocurrencies.

You can buy gift cards for more than one hundred eighty retailers including – Marks & Spencer, Ryan Air, and Much more.

Merchants Accepting Cryptocurrency 1. Reeds Jewelers- One of the largest Jewellery chains, with 2.

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64 retail outlets in the US, allow customers for purchases on Cryptocurrency.

The Sacramento Kings, NBA franchise, accepts Bitcoin for products like- tickets, Jerseys, and even hot dogs and beer.

Meatball- Mariana Sandwich can be bought from Subway in Allentown. The Pennsylvania business owner started selling sandwich from his outlet in 2013, accepting digital payments.

Uber offers “Bitcoin Cabs” in countries like- Argentina, Hungary, and London.

You can buy burgers from outlets of “Burger King” in Arnhem, Netherlands.

Book AirTicket 1. You can purchase air-tickets by going to online travel-booking sites of Expedia and CheapAir.com. Both these service providers allow customers do the same using Bitcoin.

2. Since 2014, airBaltic accepts Cryptocurrency for flight bookings to Latvia and the Middle East. The airline became the first ever in the world to do so.

Social Work 1. Charitable organizations, working to eradicate poverty and hunger across the globe like Heifer International accepts donations via Cryptocurrencies.

2. An organization like “Autism Speaks�, working for the physical and mental health of kids, also accepts donations via Bitcoin.

Conclusion These are just a few of the products and services you can buy with Cryptocurrencies. You even buy products like sandals; baby Bibs, meal-planner, properties from real-estate, and even Casket.

You can do much more than just buying products and services. Cryptocurrencies like GDC Coin, allow you to do forex trading, Cryptocurrency trading, virtual currency trading and also act as a financial service provider.

You need not wait for days when almost anything can be bought and sold via Cryptocurrencies. Even your salaries and payments will be done via digital currencies.

Banks will have their own Cryptocurrencies and the transactions will be faster. The value of Cryptocurrencies will be globally accepted as one. Your smart move and investment today will fetch you dividends in the future.

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