Thursday, 04 June 2020
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Great Ways to Spend Your Cryptocurrency

Cryptocurrencies are quickly becoming a more secure and faster way to buy things and pay for services. More and more companies allow their customers to make a purchase using digital coins, so if you’re new to the cryptocurrency world or you’re only looking for new ways to spend your coins, the possibilities are (almost) endless. It will all depend on what you like or need, but we have gathered here some of the most popular and advantageous ideas for you to find inspiration.

Sports betting

If you are a fan of sports, you follow some disciplines on a regular basis, and you have some knowledge of the topic, you can use it to make some money. Websites like sportsbet.io that accept cryptocurrency as payment are popping like mushrooms and gaining popularity these days. This technology (especially blockchain) brings additional safety measures, which are always valuable when it comes to money. Bookmakers allow you to bet on all possible sports all over the world, so don’t hesitate and try yourself. You can also bet if you have no idea about sports, but then, you will be betting entirely on luck. In both cases, remember to start small and never play big money.

Buy gift cards

While some companies and services may not enable you to pay with a cryptocurrency directly, it may still be possible to do it. For example, services like Bitrefill allow you to use your digital coins to pay for various gift cards. So even though you can’t pay bitcoins directly for your Uber, Spotify subscription, or these books you’re planning to buy on Amazon, you can purchase gift cards for those services to use them later. Bitrefill enables you to download their app and always keep your digital wallet ready for shopping. Most of the gift cards are ready to use immediately, or you can use them as actual gifts for your family and friends.

Support charities

You can also use your chosen cryptocurrency to spread some goodness across the world, help others, feel better and make a difference. It’s not only possible with your digital coins, but also easier and safer. First of all, with traditional payments, you don’t really know where your money is going. Charities are non-profit, but they do have some expenses, and there are those who aren’t 100% sincere about their spendings. Thanks to the technology, you are able to track your coins and make sure that your money is being spent the way you wanted them to be. Cryptocurrencies also eliminate the need for any third parties, so it’s actually more beneficial and efficient. Plus, there’s no risk of identity fraud or being hacked, as all information is encrypted and anonymous. Among charities accepting donations in cryptocurrencies are, for example, Wikipedia, Red Cross and Green Peace.

Travel the world

None industry could have stayed blind to the rising popularity of cryptocurrencies, and a lot of them have been trying to keep up, tourism and travel included. There are travel agents that accept digital coins as payment now, among them such established companies like CheapAir or Destinia. They allow you to book flights, rent cars, book hotels and apartments using your cryptocurrency, most probably bitcoin or ethereum. Cryptocurrencies also make it easier to convert your money into any currency in the world you may presently need in most major cities around the globe.

Low-cost and safe money transfers

A lot (if not the majority) of people who decide to use cryptocurrencies do it because of cheap and secure money transfers. They enable you to send and receive money at low cost and incredibly quickly. Even when they are huge amounts of money on the move, the fees are ridiculously low, and the transfers are being completed in no time, on the contrary to the financial intermediary where a big-money transfer costs a lot and takes even several days (or longer, if it’s going abroad).

Online gambling

Online gambling is one of the most rapidly growing industries these days, as it’s much safer, more comfortable and quicker than regular gambling. To make the experience even more secure, more and more online casinos decide to start accepting cryptocurrencies as payment. It allows players to stay anonymous and keep their private information private and enables both sides to eliminate the risk of fraud. And the online experience is just as exciting as a visit to a brick-and-mortar casino.

Be smart

Be smart about your digital coins, just like you are cautious and protective of your real money. There are multiple ways to spend your chosen cryptocurrency, and we have listed only several to give you an idea. At first glance, it may seem like you can’t do a lot, but there are ways to buy basically everything with these coins. All you need to do is research.


source: zerocrypted.com

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