9 Well-Known Businesses That Accept Crypto as Payment
If you have Bitcoin, then there is a way that you will make good profits on your investment. But the thing is, how can you spend the profits you make with Bitcoin? Today, millions of people own Bitcoin, and this cryptocurrency is very valuable. Numerous people are now opening crypto wallet accounts from companies like Metamask and Coinbase (check out the Metamask vs Coinbase comparison here). However, the main goal of Bitcoin was to replace the use of traditional fiat currencies.
But for this, companies and businesses have to accept Bitcoin in order to be able to spend it and use it as a means of payment. Fortunately, there are numerous companies that accept Bitcoin today, and we’ll introduce you to the 9 best ones here, so get ready.
It is truly a modern age when you can spend your digital money to buy your favorite coffee. Well, Starbucks doesn’t currently accept Bitcoin. However, Starbucks has decided to accept crypto payments at certain locations starting in March 2020. Users must use the Bakkt app, which allows them to convert digital money into fiat money. That money will then be transferred to your Starbucks app. With these two apps, you can easily make payments for your orders.
If you want to buy homemade and unique items, you should visit the Etsy platform. It now accepts Bitcoin payments, which allow you to make purchases and pay with your digital coins. Plus, Bitcoin payments are fast and secure, so you don’t have to worry about any small thing.
Do you want to tinker with your Bitcoin? If so, then Home Depot is the best decision for you. This company has announced that it will accept Bitcoin payments starting in 2019. You’ll be pleased to learn that it’s the largest home improvement and homeware store that accepts Bitcoin payments through the Flexa platform. Your experience buying things on this platform will be worth it, and you won’t regret it.
Best of all, one of the largest grocery chains, Subway, is now accepting Bitcoin payments. However, Bitcoin is not accepted in every branch. So you can use your Bitcoin to buy Subway meals, but make sure the branch accepts Bitcoin payments beforehand.
Food company Burger King accepts Bitcoin as a means of payment in the Netherlands. After that, some other Burger King branches in America have also begun to accept Bitcoin as a means of payment. To do this, the Burger King platform must work with the crypto buyer app, which helps with a settlement with the crypto exchanges.
ALSO READ: How Companies Adopt Bitcoin and Cryptocurrencies
You’ll be amazed to learn that Microsoft has been accepting Bitcoin for a while now. In 2014, Microsoft temporarily removed this payment method. But in January 2021, the company decided to accept Bitcoin payments again. You can use this cryptocurrency to pay for the Xbox services, the Microsoft App Store, and more.
It is a popular online marketplace that allows users to open an eCommerce store at any time. It also allows sellers to allow crypto payments. This site also accepts Ethereum, Litecoin, and many other cryptocurrencies.
The company Whole Foods now also accepts Bitcoin payments. However, they don’t do it directly, and they have to use the Flexa payment system, just like Home Depot. This system helps to convert digital currency into fiat money, which makes it easier to carry out transactions and spend Bitcoin. So the next time you go grocery shopping, you should use your cryptocurrency for payments.
In the last year, PayPal has started to accept cryptocurrencies. PayPal is one of the most comprehensive online payment methods and now accepts cryptocurrencies as well, which is a great thing. You should know that PayPal now accepts Bitcoin payments and converts them into fiat money when you want to pay for your purchases. In addition, the company allows customers to receive educational content that will help them learn more about this cryptocurrency system.