Full Service eCommerce Agency (2024)

1. What Can You Buy With Bitcoin? – From Virtual Currency to Real-World Goods
2. Everyday Things You Can Buy With Bitcoin
3. Larger Purchases
4. High-Value Assets You Can Buy With Cryptocurrency
5. Conclusion

Bitcoin is a decentralized digital currency that was created in 2009. It operates on a global peer-to-peer network and is not controlled by any government or central authority. Over the years, Bitcoin has grown in popularity and adoption as both a store of value and a payment method. Companies all over the world are looking forward to adding abilities to accept crypto payments with KUNA Pay, for instance. To see how much your Bitcoin is worth in Canadian dollars, you can easily convert btc to cad using various online tools. But what can you actually purchase with Bitcoin today? While it may not be accepted everywhere just yet, there are many things you can buy with Bitcoin, ranging from everyday consumer purchases to high-value assets and investments.

Everyday Things You Can Buy With Bitcoin

Online Shopping

Many major online retailers and marketplaces now accept Bitcoin as a payment method, which allows buying with crypto. On e-commerce platforms like Overstock, Newegg, and Shopify, you can use Bitcoin to purchase everything from electronics and clothes to home goods, jewelry, and gift cards. There are also niche online stores tailored specifically to the cryptocurrency community where you can use your Bitcoin. Overall, when shopping online, Bitcoin gives consumers more options for purchasing without needing credit cards or fiat currency.

Food Delivery

If you want to order food for delivery and pay with Bitcoin, services like PizzaforCoins and Takeaway make this possible. It can be convenient to get food delivered without needing cash or going through the hassle of converting your Bitcoin to fiat. More restaurants and food delivery apps are starting to integrate Bitcoin payments as well, so you have the ability to buy with Bitcoins.

Gift Cards

Popular gift card sites like eGifter and Gyft allow customers to purchase gift cards for a wide variety of retailers directly using Bitcoin. This gives consumers more flexibility in where they can spend their Bitcoin by indirectly shopping at stores that don’t yet accept cryptocurrency. You can quickly buy gift cards for many major retailers like Amazon, Walmart, and Home Depot with Bitcoin.

Bill Payments

You can use buy with Bitcoins for your bills for services like cable, internet, utilities, cell phone service, and more. Companies like BitPay and Coinbase Commerce partner with firms to enable bill pay by Bitcoin. This can help you avoid transaction fees and optimize how you spend your Bitcoin.

Transportation

Some transportation providers are beginning to integrate Bitcoin as well. CheapAir and Destinia accept Bitcoin payments for flights and hotels. There are even metro systems and toll roads in certain cities that let commuters pay with Bitcoin, like the MTA in New York.

Larger Purchases

Real Estate

There are many ways how to buy things with Bitcoin, and purchasing real estate is one of those. Bitcoin can even be used to purchase real estate in some scenarios. Platforms like BitMainTown facilitate Bitcoin real estate transactions. Though not widely adopted yet, paying in Bitcoin allows buying property faster, more privately, and without bank delays compared to traditional real estate financing.

Cars

Major auto manufacturers like Tesla, Lamborghini, and BMW accept Bitcoin directly for car purchases. Additionally, some smaller, independent used car dealerships also accept cryptocurrency for payment. Paying in Bitcoin provides an alternative financing option outside of traditional auto loans.

Luxury Goods

For purchasing luxury goods, many high-end retailers, jewelry dealers, and watchmakers provide the ability to buy with cryptocurrency. Bitcoin is preferred by some holders for making large, anonymous purchases at luxury retailers. Since Bitcoin does not require personal information, large crypto transactions are less likely to be flagged as suspicious compared to cash deals.

Travel

In the travel industry, Bitcoin is also becoming a more viable payment method. Leading travel booking sites like Expedia, CheapAir, Destinia, and TravelbyBit integrate Bitcoin payments. You can book flights, hotels, rental cars, cruises, and other travel using Bitcoin. This can be especially useful when traveling on short notice, when credit cards may put holds on large purchases.

High-Value Assets You Can Buy With Cryptocurrency

Precious Metals

Precious metal retailers like JM Bullion, APMEX, and LibertyX permit using crypto to buy things like gold, silver, platinum, and other metals. Converting Bitcoin into precious metals allows diversifying into alternative asset classes outside of crypto. You can take delivery of metals purchased with Bitcoin without needing to link bank accounts or go through credit checks.

Artwork

To purchase high-value artwork and collectibles, Bitcoin is accepted at major auction houses and galleries for fine art purchases. For high-profile or anonymous collectors, paying in Bitcoin provides privacy benefits and discretion. Large multi-million dollar paintings and sculptures can be transacted instantly with Bitcoin without traditional financing.

Real Estate Investments

In addition to buying with crypto real estate for personal use, Bitcoin can enable quick purchases of investment properties like rental homes, commercial real estate, and fractionalized property shares. Platforms provide access to institutional real estate deals using Bitcoin. In certain cases, buying real estate with Bitcoin may have tax advantages compared to cash purchases.

Large Purchases

For truly big-ticket items outside the traditional banking system, Bitcoin makes transactions possible without financing. These could include things like yachts, aircraft, or other high-value goods. Some luxury companies now also allow people to spend Bitcoin for expensive services like private jet charters, making purchases faster and more convenient.

Conclusion

As Bitcoin continues to gain legitimacy and adoption, the variety of goods and services that can be purchased with it is substantially growing. From everyday spending to high-value assets, Bitcoin enables purchases both small and large. As more companies integrate Bitcoin payments, expect the scope of purchasable items with Bitcoin to expand even further. Bitcoin provides flexibility, privacy, and convenience for buying goods without credit cards or bank account restrictions. While Bitcoin may not replace fiat currency completely, its digital advantages make it a useful payment method, especially for large online purchases and cross-border transactions that allow buying with crypto.