In 2010, a developer ordered two pizzas at a restaurant and paid in bitcoin. 10,000 bitcoins to be exact. That would now be worth $60 million at current rates. It is now the most famous bitcoin transaction and perhaps one of the earliest.
In 2010, Bitcoin was virtually unknown. Since then, it has grown by leaps and bounds. So, who accepts bitcoin and why?
One of the major advantages of using a cryptocurrency like bitcoin has to be the fast transaction times. This is especially so when it comes to international transfers.
The other one is, of course, the fact that transactions are immutable. This means retailers and other service providers do not have to worry about things like charge backs.
There are several other advantages that come with using bitcoin. Several retailers are slowly coming to this realisation. As a buyer, using bitcoin comes with extra convenience. So, where is bitcoin accepted? Here are ten major retailers that accept bitcoin payments.
There aren’t many hotels that accept bitcoin directly. However Expedia, the largest online booking agency has been accepting bitcoin payments for hotel bookings since 2014. The company teamed up with Coinbase to make this possible.
eGifter is where you can purchase your gift cards for several places such as Amazon. The good thing is you can pay using bitcoin and use the gift cards to purchase from retailers that do not accept bitcoin payments. Worried about what websites accept bitcoin? Not anymore. You can simply buy a gift card and use it wherever you please.
Time for an upgrade? What online stores accept bitcoin? You can actually buy your electronic products using bitcoin from this exclusive electronics online retailer.
You can buy games, apps, movies on Windows and Xbox stores using bitcoin.
Commercial space travel is as forward-looking as the idea behind bitcoin. People are already booking to travel to space on Richard Branson’s Virgin Galactic. What’s more, you can pay using bitcoin.
Overstock, one of the biggest online retailers started accepting bitcoin payments as early as 2014. You can pay for literally anything listed on the site using bitcoin.
If you are an online gamer and a crypto believer, Zynga is probably your place to be. Here, you can make your in-app purchases using bitcoin.
Subway is one of the places that accepts bitcoin for its “Eat Fresh” products but only in Buenos Aires.
Reddit is one of the sites that used to accept bitcoin. You could buy some premium features on this popular question and answer forum using bitcoin but Reddit stopped accepting bitcoin payments earlier this year after Coinbase migrated to a new platform. However, reports indicate that this feature will soon be reintroduced.
Shopify, is an e-commerce platform similar to eBay where merchants can set up their shops. How many merchants accept bitcoin on Shopify? Virtually all of them accept bitcoin payments.
We are talking of over half a million merchants on Shopify.
Asking how you can find what online stores accept bitcoin? Just be on the lookout for the “bitcoin accepted here” sign before checking out.
Dish Network the US television provider and among the growing number of services that accept bitcoin.
When it comes to shops that accept bitcoin UK has one of the largest. Sweatcoin is one of the start ups incentivising fitness through bitcoin. You can then use the rewards to make purchases depending on what shops accept bitcoin.
Planning on making bitcoin payments? Here are the best bitcoin wallets.