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Who Accepts Bitcoin as Payment? Top Stores Where You Can Spend Crypto in 2024

Who Accepts Bitcoin as Payment? Top Stores Where You Can Spend Crypto in 2024

Although there are many use cases for crypto assets within the cryptocurrency industry, many Bitcoin and altcoin users naturally want to use crypto as payment for their regular purchases. Coffee, hotels, charity all of these can be bought or donated using cryptocurrency, either directly or via third-party services. If youre wondering who accepts Bitcoin, take a look at our list of top platforms and services that accept crypto as payment.

Major Retailers That Accept Crypto Transactions

In recent years, we have witnessed more and more major retailers recognizing the potential of cryptocurrencies like Bitcoin and Ethereum and actively integrating them into their payment systems. This significant transition marks an exciting step forward in the adoption of digital currency, demonstrating that cryptocurrencies are not just speculative assets but a valid and increasingly popular form of payment alongside traditional fiat payments in the global retail space. Major companies embracing this change highlight the growing importance and acceptance of digital currency in everyday transactions.

If you wonder who accepts Bitcoin as payment, a diverse landscape of industries and companies, from tech giants to local coffee shops, await your exploration. Click here for high-res version.

AT&T

It is the first major mobile operator in the United States that provides customers with the opportunity to pay for services with digital coins. The payments are made through the service bitpay.com.

Microsoft

In December 2014, Microsoft started accepting Bitcoin payments, and that was extraordinary news for all Xbox users since they could pay BTC in the Xbox Store.

Overstock

One of the first companies that started accepting Bitcoin payments was Overstock. It is an American retailer that sells household goods and electronics. In 2014, it enabled users to pay for some goods with crypto. In-store BTC prices are pegged to the national currency American dollar (USD): during the payment process, coins are withdrawn from the clients wallet at the current exchange rate.

What Cars Can You Buy with Bitcoin?

The trend of car manufacturers and dealerships accepting cryptocurrency is part of a broader movement towards digital payment solutions in various industries. This shift is likely to continue as cryptocurrencies gain further mainstream acceptance.

Ferrari

Ferrari has recently started accepting cryptocurrency as payment for its luxury sports cars in the United States. This move is set to extend to Europe following requests from customers. For now, customers can choose among methods including popular cryptocurrencies like Bitcoin, Ethereum, and the stablecoin USDC. Besides, there are plans to expand this payment option to Europe in the first quarter of 2024. Ferrari is one of the first luxury car brands to embrace cryptocurrency payments, demonstrating a growing trend in the auto industry towards digital currency adoption.

Toyota

Toyota has recently started accepting Bitcoin for certain car purchases, indicating a growing acceptance of cryptocurrency in the automotive sector.

Honda

Honda has embraced cryptocurrency, entering into a strategic partnership with FCF Pay to accept Bitcoin as payment for its automobiles. Hondas decision to accept Bitcoin for car purchases is part of a broader trend in Japan, a country known for its forward-thinking approach to technology and financial innovation. Japan has historically been a leader in cryptocurrency adoption, being home to the first Bitcoin online exchange and rapidly integrating Bitcoin ATMs nationwide. Honda, therefore, is not the first Japanese motor company to adopt Bitcoin for transactions: SBI Motors began accepting Bitcoin in May 2022, indicating a growing acceptance of digital currencies in the Japanese automotive sector.

Food Brands Accepting Crypto Payments

The food industry is one of the major areas of consumption in the modern world, which also keeps pace with changes in payment systems. Many businesses actively start integrating Bitcoin as a payment method, in addition to bank cards and cash. There are also big names here:

  1. The famous Pizza Hut chain, for example, accepts Bitcoin (BTC) in Venezuela.
    Starbucks accepts cryptocurrency payments at its coffee shops in the United States. With the help of Speed app technology, customers can pay for their orders not only with cash or a credit card but also with Bitcoin.
  2. Subway is one of the well-known businesses in the industry that has also been accepting cryptocurrencies for several years. Moreover, customers paying with digital currency can get a discount of up to 15%.
  3. Burger King is trying not to lag too far behind competitors. Now you can have lunch at their restaurants and pay for it with your crypto instead of cash or a bank card.
  4. In addition to Burger King and other companies that accept Bitcoin, KFC also implemented the Bitcoin payment option. Currently, its available only to residents of Canada, but the company is thinking about expanding this feature to other countries.

The list does not end here: apart from smaller local businesses that also accept cryptocurrencies, many large companies arrange special offers for crypto enthusiasts. For example, in the USA, if you place an order at Dominos and pay for it with digital currency, you can get a discount.

Namecheap

If you want to spend your Bitcoin (BTC) on a domain purchase, visit Namecheap.com. This platform sells the most popular top-level domains.

Unstoppable Domains

Unstoppable Domains (unstoppabledomains.com) sells domains, such as .crypto, for a one-time fee. After the purchase, this domain will be yours forever, meaning it does not need to be renewed. In contrast to working with regular domains, the user needs special plugins or browsers to interact with blockchain websites.

NewEgg

NewEgg is an online retailer that also has begun accepting Bitcoin as payment. You can buy absolutely everything with cryptocurrency, from all sorts of trinkets to computers and household appliances.

Fold App

This popular app allows customers to get some crypto coins as cashback for making purchases at their favorite retailers. The resource offers its customers to get Bitcoin as a reward for making purchases with a credit card instead of:

  • Airline miles
  • Usual bonus points
  • Other monetary rewards

The Fold App can be conveniently used on mobile phones due to its native user-friendly interface.

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Gift Card Services Who Accepts Bitcoin

Dont know what to get to your significant other? A gift card can be your solution! Heres a list of services that accept crypto.

Zeroth

Zeroth.shop is an e-commerce platform that allows you to purchase gift cards with crypto. Hundreds of goods and services are ready to be gifted: Uber, Apple, IKEA, AMC theaters, Spotify, GAP, H&M, Olive Garden, Burger King, and many more. Let your friends and family enjoy a gift that they will remember.

Gyft.com

On the website Gyft.com, you can use cryptocurrency to purchase gift cards from almost 200 online stores and other service providers, including such companies as Starbucks, Delta Airlines, eBay, Walmart, Nike, Apple, Hotels.com, Uber, Adidas, etc.

CoinCards

This platform is extremely similar to Gyft.com. The resource facilitates buying gift cards from more than 140 merchants using Bitcoin as payment.

Can You Use Bitcoin Payments To Pay for Specific Goods and Services?

Home Depot

It is the largest hardware store chain in the United States. At Home Depot, you can essentially build your entire house by purchasing materials using BTC. The business accepts Bitcoin payments via Flexas in-store checkout systems.

Sports Teams

Virtual money continues its expansion into various aspects of human life. Now, you are able to spend digital currency on goods at the stadium during the game or on tickets to future games at sports clubs websites. Dallas Mavericks and Miami Dolphins are great supporters of cryptos, and a new payment option is available during their games.

Travel

The Latvian airline AirBaltic is one of the first companies in the transport industry that started to accept Bitcoin as payment for basic tariff plans, except for flights to Malaysia, Japan, Lebanon, China, and India.

If you decide to go on vacation, go to Expedia. It is an online travel agency that can help you book flights and hotels using your digital currency.

Cheapair.com is one more business that started accepting Bitcoin for flight booking.

LOT.com, one of the oldest airline companies in Europe, is ready to take you anywhere you want to. The business accepts Bitcoin as a form of payment for its services.

Travala.com is a platform that lets you pay for travel using crypto coins from your digital wallet. On the platform, you can book hotels all over the world and flights to almost any corner of the planet.

BTCTrip, an online flight and hotel booking service, was one of the first companies to accept Bitcoin in its industry. Moreover, one can pay for the services with Litecoin and Dogecoin cryptocurrencies.

Virgin Galactic, the brainchild of legendary Richard Branson, aims to make everyday space tourism a reality. Since the company is futuristic in nature, it is not surprising that you can buy its products with BTC.

You can also use crypto to book a room in a hotel not in a simple hotel, but in the well-known Howard Johnson chain. It will be easy to find their hotel in your destination city.

Holiday Inn: The hotel (Brooklyn) provides an opportunity for customers to book rooms with Bitcoin by phone, online, or on the spot.

One Shot Hotels: The Spanish hotel chain enables BTC payments for bookings across their hotels.

TravelbyBit: This online travel booking platform focuses on hotel and flight booking. You can use Bitcoin as a payment method.

Greitai is a popular search engine for flights, hotels, and cars. You can book all these things using not only Bitcoin as a payment method but also more than 20 altcoins.

Bitcoin.Travel provides an opportunity to book flights, hotels, cars, tours, and other events, essentially enabling you to plan your trips and pay your bills with Bitcoin from your crypto wallet.Webjet is another company with the BTC payment option enabled. On the platform, you can book everything you need for a great holiday: tickets, hotels, cruises, and cars.

Education Organizations That Accept Crypto Payments

Universities are also trying to keep up with the times. Now, you can pay for tuition with Bitcoin in educational institutions in Germany, Cyprus, the United States, Switzerland, and other countries.

One of the first to implement the new technology was the Swiss University of Lucerne, which began accepting cryptocurrency as tuition payment at their art and science school in 2017. The operator of such payments was the famous Swiss company Bitcoin Suisse AG. According to the heads of educational institutions, this is a very convenient option for mutual settlements, which frees many international students from exchanging their national currency for USD.

The European School of Management in Berlin has been accepting Bitcoin since 2017.In addition, the cryptocurrency payment option is available at the Cyprus University of Nicosia, as well as at the famous Cambridge University and Kings College in New York.

What Banks Accept Bitcoin Transactions

Banks do not want to lose a share of profits from crypto enthusiasts. For instance, German Fidor Bank will be happy to charge you a commission for buying or selling Bitcoins.

The oldest bank in the United States and the worlds largest depository bank, Bank of New York Mellon, will store and conduct operations with cryptocurrency in the interests of its customers. Currently, the company is developing an app that will allow users to make transactions with digital money from their wallets, just like with traditional assets.

There are some more banks and payment services that arent opposed to Bitcoin merchants:

  • Goldman Sachs
  • Royal Bank of Canada
  • PayPal

Beauty and Health Stores That Accept Bitcoin As Payment

The well-known cosmetic brand Lush produces eco-friendly products. But still, the main advantage here is that they accept BTC payments directly on the website of their UK branch.

Schmidts allows you to use cryptocurrencies as a means of payment for their collection of natural deodorants and other personal care products.

At the supplier of medical devices Premier Medical Inc., you can easily pay with digital coins for medical products.

Adelline is a Korean cosmetics company that supplies products around the world and accepts cryptocurrency payments.Shiny Leaf from Las Vegas produces skincare and haircare products, as well as a number of products for the body. BitcoinSV is among the various payment methods they accept.

What Stores Accept Bitcoin

Store.Bitcoin.com is an online store where you can look for a cap, a T-shirt, and other useful Bitcoin merchandise. The business accepts Bitcoin payments only.

Lanieri.com is another resource that offers users to buy a lot of interesting things, including shirts, trousers, and other Italian-made clothes, with crypto assets. This service is similar to Overstock. The only great difference is that Lanieri will even repair the clothes for free or offer a full refund if something does not fit you.

OpenBazaar is a decentralized marketplace where all goods can be purchased only with Bitcoin. On the site, sellers interact directly with buyers. You can buy anything you want, from handmade products to food, appliances, clothing, and art objects. In the future, in addition to Bitcoin, other altcoins will be available for payment here, one of which may be Monero. Showroomprive.com is a European company that accepts Bitcoin as payment through the Paymium cryptocurrency exchange. The business assortment includes clothing, cosmetics, and accessories.

Other Platforms That Accept Crypto Payments

PayPal

In late 2020, PayPal began allowing its users to buy, sell, and hold Bitcoin and other cryptocurrencies directly within their PayPal accounts. By integrating Bitcoin and Ethereum into its platform, PayPal has enabled business owners to accept digital currency for everyday purchases, bridging the gap between traditional payment methods and modern digital currencies.

Acting as a payment gateway, PayPal ensures that during transactions, cryptocurrencies are seamlessly converted into fiat payments, making it convenient for both merchants and consumers to engage in crypto transactions without needing to navigate the complexities of the crypto market themselves.

Twitch

Twitch is a platform for online streaming in real time. In simple words, this is a site where anyone can start conducting their own broadcast. To a greater extent, Twitch specializes in computer games and esports tournaments. On the site, it is possible to pay for subscriptions using Bitcoin, Ether, Bitcoin Cash, XRP, USD Coin, and a variety of lesser-known coins like PAX, BUSD, and GUSD.

Non-Profits

Christmas miracles depend on us. The opportunity to help those who are in need is offered by:

  1. The charitable organization UNICEF (unicef.org.uk)
  2. Save the Children project for children in poor regions (savethechildren.org)
  3. The Water project (thewaterproject.org) that provides clean water to communities in sub-Saharan Africa
  4. American Cancer Society (cancer.org)
  5. The American Red Cross (Bitcoin is accepted via bitpay.com)
  6. Royal National Lifeboat Institute (rnli.org), a marine rescue organization and the first British company to accept donations in Bitcoins

Wikipedia

Wikipedia Foundation is a non-profit organization that develops and distributes multilingual educational content. Currently, it is possible to donate not only in fiat currencies but also in digital ones.

Wikileaks

Wikileaks is an international non-profit organization that publishes classified information and news provided by anonymous sources. You can use your crypto balance to donate.

How to Make Purchases With Bitcoin

Bitcoin has become a viable option for making purchases at various stores that accept Bitcoin directly or through a Bitcoin payment service provider. To make a purchase with Bitcoin, follow these steps:

1. Find Stores That Accept Bitcoin: Look for online and physical stores that accept Bitcoin directly. Many retailers and service providers now accept cryptocurrency, making it easier to spend your digital assets.

2. Use a Crypto Debit Card: If a store doesnt accept Bitcoin directly, you can use a crypto debit card. These cards allow you to convert Bitcoin into fiat currency at the point of sale, facilitating transactions at any store that accepts traditional debit cards.

3. Transaction Fees: Be aware of transaction fees associated with Bitcoin payments. While these fees are typically lower than credit card fees, they can vary depending on network congestion and the chosen Bitcoin payment service provider.

4. Capital Gains Tax: Keep in mind that cryptocurrency transactions may be subject to capital gains tax. When you use Bitcoin to make purchases, you might need to report the transaction and pay taxes on any gains.

Bitcoin Payments vs. Credit Card Payments

When comparing Bitcoin payments to credit card payments, several factors come into play:

1. Transaction Fees: Bitcoin payments generally have lower transaction fees compared to credit cards. Credit card fees can be substantial, especially for international transactions, while Bitcoin transaction fees are typically lower and more predictable.

2. Acceptance: While credit cards are universally accepted, the number of stores that accept Bitcoin is growing. Many businesses now accept cryptocurrency either directly or through Bitcoin payment service providers.

3. Privacy and Security: Bitcoin transactions offer enhanced privacy and security. Unlike credit cards, which require sharing personal information, Bitcoin transactions are pseudonymous, reducing the risk of identity theft.

4. Crypto Debit Cards: If a store does not accept Bitcoin directly, using a crypto debit card is a practical alternative. These cards convert your Bitcoin into fiat currency, allowing you to spend it at any merchant that accepts debit cards.

5. Capital Gains Tax: One important consideration is capital gains tax. When using Bitcoin for purchases, you may incur capital gains tax if the value of Bitcoin has increased since you acquired it. Credit card transactions do not have this complication.

By understanding these differences, you can make an informed decision on whether to use Bitcoin or credit cards for your purchases.

FAQ

Does Walmart accept Bitcoin?

No, Walmart does not accept Bitcoin as a payment option.

Which countries accept Bitcoin as payment?

As of now, only El Salvador and the Central African Republic officially recognize Bitcoin as legal tender. El Salvador was the first to adopt Bitcoin, integrating it alongside its national currency for all types of transactions. The Central African Republic followed, accepting Bitcoin for various financial operations and transactions.

Additionally, Argentina is showing a growing interest in cryptocurrency under the leadership of President Javier Milei. The new government has expressed intentions to accept Bitcoin for contractual agreements and other formal transactions, highlighting a positive approach towards cryptocurrencies. This shift indicates a growing trend of crypto adoption in various countries, with crypto recognized beyond just being a legal tender. In Switzerland, the city of Lugano has recently embraced Bitcoin, allowing payments for city-issued invoices, including taxes and municipal services, using the cryptocurrency. This move is part of a broader adoption strategy within the city.

Can I use Bitcoin on Amazon?

As of now, Amazon, one of the largest global retailers, does not directly accept Bitcoin or other cryptocurrencies as a payment method. However, there are alternative ways for customers to use Bitcoin for purchases on Amazon. One popular method is through the purchase of Amazon gift cards using Bitcoin. Some online retailers sell Amazon gift cards for Bitcoin; naturally, these cards can then be used to shop on Amazon.

Another viable option is using a crypto card a special type of debit card linked to your cryptocurrency holdings. These cards convert Bitcoin and other cryptocurrencies into the local currency at the point of sale, enabling you to make purchases on Amazon just like you would with a traditional debit or credit card. This method provides a convenient way to use Bitcoin for everyday transactions on platforms like Amazon.

Does Tesla accept Bitcoin payments?

Teslas stance on Bitcoin payments has changed. Initially, they had accepted Bitcoin but later reversed this decision due to environmental concerns about Bitcoin mining.

Does eBay Accept Bitcoin?

No, eBay does not directly accept Bitcoin or other cryptocurrencies as a method of payment. However, there have been ongoing discussions about the potential integration of cryptocurrencies in the future. eBay users often employ alternative methods, like converting Bitcoin to gift cards that can be redeemed on the platform.

Does Starbucks Accept Bitcoin?

Starbucks does not directly accept Bitcoin in its stores. However, through the use of third-party apps like Bakkt, customers can convert Bitcoin into USD, which can then be used to load a Starbucks card within the Starbucks app. This indirect method allows Bitcoin to be used for purchases at Starbucks.


Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the authors opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

The post Who Accepts Bitcoin as Payment? Top Stores Where You Can Spend Crypto in 2024 appeared first on Cryptocurrency News & Trading Tips Crypto Blog by Changelly.

Read more: https://changelly.com/blog/who-accepts-bitcoin-payments/

Text source: Cryptocurrency News & Trading Tips – Crypto Blog b

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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