Four Places You Can Use Bitcoin Online
It’s 2024 and Bitcoin is now more than 15 years old – and what a ride it’s had! What was once a digital currency worth less than $0.01 in 2010 is now a colossal currency that’s sought after by many, and worth a LOT of money. If you’ve found yourself (lucky you) having bought into the rise around a decade ago, you’ll be part of the collective few that have now made over $60,000.00 per coin – and are looking to spend it online. Bitcoin is far more than just a digital coin; it’s a revolutionary way to make a secure and anonymous transaction across the world. It provides you with a layer of privacy when dealing with others online, and opens up new streams of revenue that traditional formats can’t keep up with.
The coin has grown so much that it is now widely accepted across a plethora of industries. From casinos to cars, here’s everywhere you can spend your Bitcoin in the next year – and what you can spend it on.
What is crypto and Bitcoin?
Before we go on a huge shopping spree, let’s slow it down and talk about what exactly is Bitcoin?
Bitcoin is a type of crypto that was made by an anonymous developer using a secret name – Satoshi Nakamoto. It is the most widely available cryptocurrency on the market and has catapulted into a digital asset that everybody wants. Cryptocurrency can be used as a form of payment, without the need for any centralized banks – meaning it’s a preferred way of paying for things for those looking for security and anonymity. There were around 13,000 different cryptocurrency formats in the world at the beginning of 2024, which equates to a colossal £954 billion – so let’s see where we can spend them!
Where to spend Bitcoin?
1. Online Bitcoin casinos
This may sound obvious by the title of the industry – but stick with us. Bitcoin casinos are relatively new onto the scene and are the regular online casinos we know and love, but better. They are quickly evolving into some of the leaders of the casino space as they offer unrivaled security and convenience at all times. When you play Bitcoin slots real money, you’re using Bitcoin for deposits, withdrawals, and in-game bets, but with enticing bonuses that many regular casinos can’t match up to. These casinos have a reputation for offering some of the most highly advanced games on the market, making them a brilliant way to play.
The advantage?
- Speed of transactions
- Instant deposits
- Withdrawals in moments
- Anonymity
- Security
2. Sports betting websites
In another part of the gambling world, sports betting has been on par with crypto casinos in terms of evolution. You can use Bitcoin to bet on your favorite players or sports teams, making it a great way to win big. Just like with casinos, using Bitcoin offers a super fast experience and lets you get stuck in with the wager at record speed, making people turn toward sports betting with Bitcoin above anything else.
The advantage?
- Withdrawals in moments
- Anonymity
- Security
- Speed
- Huge bonuses and promotions
3. Online shopping
Bitcoin doesn’t solely mean gambling, of course – it can also be used for online shopping. Thousands of online retailers now accept this form of payment, and there are so many benefits from doing so. Companies like Microsoft, Paypal, and Newegg all now accept Bitcoin as a form of payment, which is cementing these brands at the forefront of evolution. It’s extremely secure, like all things with crypto, but also gives you the ability to check out while keeping your details hidden. There are many deals online for using crypto, so make sure to shop around when you’re using a Bitcoin e-commerce website, as there may be coupons you can utilize.
The advantage?
- Coupons
- Speed
- Security
- Variety
4. Holidays
Who would have known that you could book your next vacation using your Bitcoin wallet? Bask in the sun in Santorini after heading on to Expedia to book your trip, with their all-new crypto wallet acceptance. Book flights, hotels, and vacation packages with a huge array of online providers, making it easy to plan your getaway all in one place.
As vacations may not be in places that use your home currency, using Bitcoin while you’re there also means ditching the hefty exchange fees – and saving you a buck when making payments. It’s a brilliant way to find deals, as many websites also offer perks for people who use their digital wallets to check out.
The advantage?
- Low/No exchange rate
- Speed
- Flexibility
- Versatility
Overall, Bitcoin is rapidly turning into a preferred payment method in the eCommerce space and allowing people to use their digital wallets across the globe. Its speed, security, and privacy are the reasons people are turning to using it – and with the rise in retailers starting to accept cryptocurrencies, we can see why they’re growing at a rapid speed.
