While many new users of Bitcoin are initially drawn to the technology and investment prospects, Bitcoin fundamentally functions as a virtual currency for quick and easy transactions. On top of that, the fees associated with using Bitcoin are trivial compared to conventional methods of using credits cards and PayPal. If you would like to read the fundamentals of Bitcoin, view this article. Also, for how to get Bitcoin, we provided the basics here. The purpose of this post is to provide readers and Bitcoin users knowledge of online merchants that already accept Bitcoin.
To gain an understanding of how many merchants already accept cryptocurrencies online, we visited this resource found on Coinbase. It appears they already have 44,000 businesses that use Coinbase to integrate Bitcoin payments into their services. Some of the most notable businesses listed are:
Of course there are thousands of other merchantson the Coinbase list, however, not all of them offer actual products to be purchased. Many, such as Reddit and Wikipedia, offer Bitcoin as a way to provide donations.
As far as places to purchase actual goods using Bitcoin is concerned, there are already over 100,000 merchants. An excellent resource with search capabilities is spendbitcoins.com. Whether you are in search of electronics or even brick and mortar businesses near you, they offer a way to find a vendor accepting Bitcoin that is also offering what you are looking for. Simply filter buy product or place and search your specific product.
Another large mega-store that accepts Bitcoin is Newegg.com. While they specialize in electronics, Newegg offers a wide range of products to choose from. You may have already purchased from Newegg given it’s popularity. Frankly, its icing on the cake to see that they accept Bitcoin as a mode of payment.
Another mechanism for purchasing from online vendors that do not already accept Bitcoin, but accept gift cards is via eGifter.com.
This website allows you to purchase gift cards for a majority of the popular online vendors with Bitcoin. This in turn opens up an even larger variety of vendors at a Bitcoin user’s disposal! Here is a highlight of some of the places you can purchase gift cards for at eGifter.com:
- Best Buy
- Home Depot
- Cheesecake Factory (mmmm, I love cheescake)
- Bed Bad & Beyond
- Burger King
- Burlington Coat Factory
- Buffalo Wild Wings
- Bass Pro Shops
Click here for a full list of their gift card selection.
Given the tools already mentioned, almost everything and anything can be purchased with Bitcoin online. This fact not only bolsters the foundation of Bitcoin’s use cases, but also provides incentive for potential investors looking to switch over from fiat to cryptocurrencies. Bitcoin is simply the leading coin in online marketplace usability. We hope this article helped you in understanding the means to purchase items online using Bitcoin. If you still have difficulty finding a merchant to purchase from, please feel free to contact us or post a comment.