Undoubtedly, cryptocurrencies are becoming an increasingly common payment instrument in our everyday lives. Just a few years back, if you told someone that you would invest in cryptocurrency, they’d look at you as if you had gone insane.
However, things have changed significantly since 2018. As a matter of fact, the global user base of crypto increased by approximately 190 percent between 2018 and 2020. This increase made the crypto trend through the roof.
With all the advancements in the crypto world, the presence and importance of cryptocurrency in our everyday lives are becoming normal.
So, without further delay, let’s look at how and where crypto can be utilized in our everyday life.
How and Where Can You Buy Everyday Items Using Crypto?
As the number of people diving into its potential increase, the power that it gains increases as well. But the question that comes to our mind is how can crypto be used in our daily life?
Even though cryptocurrencies don’t have the same penetration level as the fiat currencies – in everyday spending – there are already many brands that have added crypto as a direct payment method. However, if you’re willing to purchase any item from a brand that doesn’t accept crypto as a direct payment method, there may be an alternate route as well.
That being said, let’s look at some of the items that can be bought directly or in-directly using your crypto wallet.
1. Food and Drinks
Usually, food and drinks are bought using the traditional fiat currency. However, times have changed now, and as of now, you can even use your crypto wallet to make payments to satisfy your food cravings. Even though we haven’t reached that stage where you can pay directly using your crypto wallet at any restaurant as it may not accept it, there is a solution to this problem.
Several famous restaurants, such as Starbucks and Dunkin Donuts, may not accept crypto. Still, luckily, they do offer gift cards that can be bought using Bitcoins or other cryptocurrencies at sites like Coingate. These cards can then be redeemed at the stores without going through any hassle.
Here are some of the other famous restaurants that accept payments via gift cards.
- Pizza Hut
- Papa Johns
2. Electronic Gadgets
We’re all surrounded by electronic gadgets, and they have become more of a necessity in today’s world. It may not be in your knowledge, but you can actually purchase a variety of electronic gadgets with cryptocurrency.
Even though it may be a bit hard to find any store that allows direct purchases via cryptocurrency, you’ll always have the option of purchasing stuff using gift cards.
Here are some of the famous eCommerce stores that offer and accept gift cards.
Many people like to engage in something exciting in their recreational time. Playing online games is one of the ways that help people enjoy their free time and let out their stress. While some people prefer to do console gaming on consoles like PlayStation and Xbox, others prefer PC gaming.
Despite the platform you’re playing on, in order to play games, you need to purchase them first. And if you’re someone with some crypto stash, it would be good to have an option of making game purchases using the crypto wallet. You can purchase gift cards with crypto, redeem the amount, and use it to buy games or make in-game purchases.
Here are some of the famous gaming platforms that allow you to redeem gift cards.
- PlayStation Store
- Microsoft Store
- Steam Store
If you’re one of those people who love to shop all year round, you would be glad to know that your shopping needs can now be met using your crypto wallet as well. Choosing to make an online purchase rather than visiting the store to purchase your favorite clothes does sound extremely time-saving, right?
If the brand you wish to purchase from doesn’t allow direct crypto payments, you can buy their gift card and redeem it online to earn the equivalent balance in your account. One of the well-reputed brands from where you can buy quality clothes is Macy’s, and it offers gift cards of several amounts as well.
Summing It Up
There is no doubt in saying that cryptocurrencies offer innumerable advantages, therefore, giving contact-less payments a new stance. Blockchain technology has already made an entry into the lives of many people and has matched well with the requirements of an everyday consumer, which shows the immense potential it holds in the coming future.
We hope that our list of everyday things helped you resolve your query about how and where you can buy everyday items using your crypto wallet.