Ever since cryptocurrency appeared, this concept has been shrouded in mystery. But, that’s only the case for those who don’t know much about it or don’t care to inform themselves. By now, you probably know that cryptocurrencies are an alternative to fiat money, but what can you spend those currencies on?
This is a question a lot of crypto owners have. If you are one of them, you’ve come to the right place.
Here are the top 10 ways to spend your crypto in 2021.
You Can Use At An Online Casino
It’s safe to say that online gambling is one of the most popular hobbies today. If you love to flirt with lady luck and you have cryptos to spare, make sure to research some of the top crypto casinos found on Casino.online. One of those sites is bound to provide you with the fun you are looking for.
Use Cryptocurrency To Buy Things Directly
This is the ultimate goal of the people who are creating cryptos. However, there are still only a few retailers that accept cryptocurrencies, therefore, you will have to do your research and find out which ones do. Once you find a store that accepts crypto, you will be able to spend it like fiat money.
Some of the companies that accept crypto are:
- Microsoft
- Paypal
- Overstock
- Whole Foods
- Etsy
- Starbucks
- Home Depot
Use A Crypto ATM
Truth be told, there aren’t many of them, but crypto ATMs allow you to exchange your cryptos for fiat money. This can be pretty handy, especially if you find yourself in a situation where you don’t have regular money and the store doesn’t accept cryptos.
Put Your Cryptos On A Prepaid Card
There are some card providers that allow you to load your cryptocurrency on your prepaid card and use it to make purchases in most stores. This is one of the solutions you can try if you find yourself in a store that doesn’t accept cryptos.
Pay The Bills
This is an especially good option for those people who have Bitcoin. If you are one of those people, you are in luck because Bitcoin is one of the rare cryptos that you can use to pay the bills. For example, Canadians can do this via the website called Bylls.
Shop At Windows And Xbox Stores
You have the option to stock your Microsoft account with Bitcoin. You can only use the crypto in the Windows and Xbox online stores. Unfortunately, you can’t use those funds to buy things at the Microsoft online store.
Invest In Real Estate
These days, you have an option to invest in real estate by using Bitcoin (BTC) and Ethereum (ETH). If you choose to do this, Streitwise’s escrow agent called Primetrust will facilitate the payment from you to the seller. Therefore, if you don’t have anywhere else to spend your cryptos, maybe it’s time for a little bit of investing.
Make Donations
You can use various cryptocurrencies to donate money to the needy. For example, you can use Bitpay to directly donate Bitcoin to a charity organization called Save the Children.
Get Some Pizza
You have cryptos and you’re hungry for a slice of hot pizza? You are in luck because PizzaforCoins is a website that can turn your cryptos into a pizza from various pizza places in your town.
Sell It Back To The Exchange
If you have cryptos and you don’t know what to do with them, you can simply sell them back to the exchange and get the fiat money.