Nigeria: What Can I Buy With Bitcoin

Here are some of the ways you can use your Bitcoins in retail settings.

1.bit.ly TravelYou can actually book travel online with Bitcoin, depending on the website you use. Expedia allows you to book hotels using Bitcoin, but the transaction is facilitated through Coinbase. You also have to be aware of the network transaction fees and Bitcoin purchases are final. You can also use a website called Travala to book hotels using Bitcoin.


Another option is to look at websites like Bitcoin Travel, which can hook you up with flights as well as hotels, and CheapAir.com has been allowing Bitcoin payment for several years.


Related: Travel Websites to Use When Booking Your Next Vacation


2. Online GoodsSome online shopping portals accept Bitcoin for payment. Popular discount website, Overstock, accepts Bitcoin payment, once again through a partnership with Coinbase. Additionally, Newegg, which specializes in technology-related items, also accepts Bitcoin as payment. Not only that, but platforms like Shopify and Etsy have enabled their users to accept Bitcoin and even other cryptocurrencies. As long as the person you’re buying from accepts cryptocurrency, you can pay for products on those platforms.


If you’re looking to make online purchases and want to use Bitcoin, find out if the online retailer accepts Bitcoin in payment.


3. Website ServicesAre you planning to start a blog? If so, you might be in luck. If you’re registering a domain name through Namecheap, you can pay with Bitcoin. WordPress, the popular blogging platform, accepts Bitcoin and also includes a plugin allowing you to accept Bitcoin as payment for your own products and services.


Additionally, if you’re looking for a virtual private network (VPN), ExpressVPN offers several payment options, including Bitcoin. Other VPN providers such as NordVPN also accept Bitcoin, so if you’re looking for one, you could potentially be able to use your Bitcoin to pay.


4. CarsA few months ago, Elon Musk famously said Tesla would accept Bitcoin for cars. Then he reversed the decision. However, you can still buy a car using your Bitcoin. A website called BitCars lets you buy cars using the cryptocurrency and so does AutoCoinCars. In many cases, though, your car will be second-hand rather than new.


5. HomesBitcoin could be a good choice for large purchases, like homes, even though sometimes it doesn’t seem practical for smaller, everyday purchases. However, home purchases can make sense. Bithome is a website listing homes all over the world - and you can pay using Bitcoin.


Related: Ways to Calculate How Much House You Can Afford


6. Video GamesAre you into video games? If so, you might be able to purchase games and gaming subscriptions with Bitcoin and other cryptocurrencies. You can buy store credits for Xbox with Bitcoin. It’s also possible to use Bitcoin for PlayStation network purchases, but you can’t do so directly. Instead, you need to buy a gift card for the PlayStation store using Bitcoin, and then redeem the gift card.


Looking for gift cards to buy with Bitcoin and then redeeming those cards at your favorite retailer might be one of the best ways to indirectly use Bitcoin to make purchases.


Related: How to Buy Gift Cards Online at a Big Discount


7. PizzaTrying to get Bitcoin to work for small transactions can be a pain, but it can be facilitated for a pizza from Domino’s. You need to use a third-party app, called Lightning Pizza, but it works out in the end. This is a completely different situation from when the first pizza purchase was made using Bitcoin back in 2010.

If you’re more interested in other fast food using Bitcoin, Subway accepts payment this way.

8. Sports Events and MerchandiseThe Dallas Mavericks made history by announcing it would accept Bitcoin as a payment for tickets. You can even get a discount on merchandise when you use Bitcoin at a Mavericks store. Not only can you pay with Bitcoin, but you can also use Dogecoin to make purchases. The Mavericks use BitPay to process its cryptocurrency transactions, making it possible to pay with other coins as well.

You can also use Bitcoin with the Miami Dolphins, although they consider Litecoin their "official" .bit.ly Other sports teams also accept cryptocurrencies for their tickets and merchandise.

9. Movie TicketsIf you’re ready to head back to the movie theater, you can pay for the experience with Bitcoin. MovieTickets.com allows you to buy movie tickets at a variety of theaters with the help of Bitcoin. There are hundreds of movie theaters throughout the United States you can access through MoveTickets.com.

10. CoffeeThe difficulty of scaling Bitcoin for daily purchases hasn’t deterred many from trying. As a result, it’s possible to use the app Bakkt to convert Bitcoin to Starbucks points. Once you’ve done the conversion, you can then use your points to buy coffee at your local Starbucks. Bakkt is working on similar offerings with other rewards programs, making it easier to use your Bitcoin for various purchases.


11. College EducationSelect schools are accepting Bitcoin for tuition payments. King’s College in New York City became one of the first educational institutions to accept Bitcoin for tuition payments.bit.ly There are other universities around the world who have followed suit. It’s also possible to invest in cryptocurrencies. Then liquidate your holdings to pay tuition. However, be aware of the potential for loss, as well as the tax consequences of selling your Bitcoin to pay for college.


Other Ways to Pay With CryptocurrenciesIf you don’t want to go to specific retailers, you can pay with cryptocurrencies in other ways. If you have a PayPal Personal or Premier account, you can buy and hold cryptos and even use them at checkout. Additionally, there are cryptocurrency debit cards and credit cards, some of which even offer cryptocurrency rewards. With these cards, it’s possible to hold crypto, and then swipe to pay.


Related: How to Spend Bitcoin and Other Cryptocurrencies


Final ThoughtsIt’s increasingly easy to use Bitcoin and other cryptocurrencies to make purchases, including small, daily purchases. However, few retailers accept direct Bitcoin payments.bit.ly Instead, they use third parties to facilitate the purchase or you need to use some other payment method such as a crypto debit or credit card as an intermediary. If you’re interested in using Bitcoin to make purchases, make sure you understand the implications, including tax issues and network fees that might come with using cryptocurrency to make daily purchases.