Intro: In recent years, cryptocurrency has become more and more popular. In the ever-changing world of cryptocurrency, it can be tough to keep up with all the latest news and trends. As its popularity has grown, so has the number of ways you can use it in your everyday life. But fear not! Here are seven ways you can incorporate crypto into your daily life. From spending your bitcoin at local businesses to tipping service workers with crypto, there are plenty of ways to use your tokens for goods and services. Keep reading to find out more!
- Use crypto to pay for goods and services online:
With the increasing popularity of cryptocurrencies like Bitcoin, you can now use your tokens to purchase goods and services through an ever-increasing number of online retailers. You may also think of having a Bitcoin arbitrage bot to get a good return. Businesses that accept bitcoin include Shopify, Gyft, Expedia, Overstock.com, Whole Foods Market, and Newegg. Several online shops allow you to do shopping online with bitcoin at their online stores.
As a result, you can use your tokens to purchase goods and services from these retailers. For example, you can buy tickets for Disney on Ice using bitcoin! But don’t forget to check out the exchange rate before buying- crypto prices vary widely from one exchange to another. You can also use your bitcoin at local businesses that accept cryptocurrency. These include Square Market, Wall time, Ricardo’s Italian Restaurant, and Brooklyn Boulders Somerville Climbing Gym.
- Pay your daily fares:
Bitcoin is accepted by both New York City taxis and buses through the Metropolitan Transportation Authority (MTA). It makes it extremely easy for commuters to use bitcoin for their daily travel. If you’re a smoker, then there are over 100 online merchants that accept Bitcoin. Some examples include the electronic cigarette store E-Cig Distributors, Smokeless Delite eJuice, and The Lucky Cigar Bar. If you already have some Bitcoin burning a hole in your wallet, then here’s a list of five spas and salons that accept the currency: Adonis Lounge, Spa Castle, Aquasuite USA Corp, Skin by Annie, and A Time for You.
- Exchange crypto for traditional currency to use in brick and mortar stores:
The next step is to exchange your crypto for fiat currency, or traditional currency used by most global businesses. The first step towards using bitcoin in a physical store involves using a Bitcoin ATM. If you’re lucky enough to live near one of Coin ATM Radar’s listings, then you’ll have no trouble finding an automated teller machine (ATM) near you. Otherwise, research businesses that accept bitcoin as currency by visiting websites like Coin ATM Radar and Coinmap. After you find a physical store near you that carries cryptocurrency, withdraw the fiat currency needed to complete your purchase at an ATM or teller machine located inside the same business.
- Community-based social networks:
Sites like Livepeer and Minds connect you with a community of people who share your interests. Using the site’s built-in currency, you earn tokens for interacting with other users, creating content, and voting on your favorite shared content from within the social network. You can then use those tokens to buy or sell things from other users, send tips to other users, pay for in-network advertising, or even tip content creators with a small amount of money. If you’re looking for a way to connect with people all around the world, then you might want to check out Steemit and Minds. These sites use blockchain technology and cryptocurrency as incentives for users who generate content, curate or share exciting posts, and more.
- Have fun with friends and family by offering to pay the bill in crypto:
If you’ve got friends or family that use crypto, offer to pay for dinner or the movies in crypto instead of cash. It lets them save a bit on their purchase while also giving you a chance to make prepaid purchases without having to wait for your card number. If your friends know enough about cryptocurrency, then there’s no reason why they won’t be open to accepting bitcoin as payment for their goods or services. What better way to celebrate a special occasion than at one of these European restaurants that now accept cryptocurrencies? As interest in cryptocurrency continues to grow, more and more businesses are opening up to the idea of taking it as a form of payment. Because you can’t just get cashback for your crypto like you would with a debit card, merchants tend to offer discounts on their goods when they accept payment in tokens instead.
- Donate your crypto:
If you have some crypto lying around, consider using it to support a cause that you believe in. It can be not easy to donate directly to an organization if they don’t accept cryptocurrencies as a form of payment. If you have been paid with cryptocurrency at any point or receive payments from your employer regularly, donating your assets is an easy way to help those who need it most.
You can also contribute to local charities and non-profit organizations by using cryptocurrencies. If you plan to spend your crypto, consider diversifying your portfolio to include lesser-known tokens. Not only will this expose you to new projects, but it may also allow you to take advantage of an unforeseen price increase. One great example of how you can donate or gift crypto is through Blockchain for Good, which will enable you to donate directly via an Ethereum smart contract. You can also use your tokens to donate by purchasing items from local charities, which accept the coins for their cause.
- Give crypto as a gift:
When you want to give an incredible talent, but the person you’re buying for already has everything they could ever want, consider purchasing tokens and giving them as a gift. Not only does this make for a meaningful present that someone will cherish forever, but cryptocurrencies can be worth more than their fiat face value, so you could stand to make some money for yourself.
You can always buy a voucher or gift card with your tokens and use that instead. Just remember that not all online retailers offer the ability to purchase items in crypto, so check their policies before you make any purchases! For example, some crypto holders have been known to donate their tokens as gifts during times of crisis or natural disaster – where fiat is likely to be ineffective or slow to arrive. Just remember that not all online retailers offer the ability to purchase items in crypto, so check their policies before you make any purchases!
So, there you have it! Five ways to use your bitcoin in your everyday life. Whether you’re looking to buy a cup of coffee or pay your rent, cryptocurrency has you covered. Just make sure you keep up with the latest news and trends so you can stay ahead of the curve and take advantage of all the fantastic opportunities this new technology has to offer. How will you be using your bitcoin today?