The digital cryptocurrencies such as Ethereum and Bitcoin have become hot commodities lately. It appears that Bitcoin, Ethereum, and other digital currencies have a confluence of catalyst that accelerated momentum behind them. However, what might surprise many people, including crypto enthusiasts is the number of businesses that accept Bitcoin as a payment method. Here are five businesses that accept Bitcoin with open arms.
While many governments resist on using Bitcoin as a form of payment, Tech giant Microsoft has embraced the method of payment. Microsoft allows users to use bitcoin to purchase content on Xbox stores and Windows. The Tech Giants were behind the launch of Azure Blockchain as a platform that facilitates large-scale business to use blockchain and financial data settlement. Recently, Microsoft announced the adaptation of Excel 2017 where users can format analyze and calculate bitcoin on Microsoft platform.
Overstock.com is among the businesses that accept Bitcoin. It is the first consumer-facing company that led the charge for bitcoin. In 2014, Overstock.com partnered with bitcoin exchange Coinbase in a bid to allow customers to pay for items using Bitcoin. You can purchase anything from laptops to televisions with bitcoin. To use Bitcoin on Overstock.com, check the “pay with Bitcoin” option on their platform to complete your purchase.
Expedia is the world largest online travel agency that accepts Bitcoin. Since 2014, users are allowed to pay for hotel bookings using Bitcoins. Expedia partnered with Coinbase just like Overstock to implement the new payment method. At the moment, only hotel bookings are allowed using bitcoins, but they are planning to expand bitcoin payments to include flights and other activities.
Not all gift shops offline or online accepts Bitcoin. eGifter is a gift card business that accepts bitcoins. You can buy all sorts of gift cards from places like JCPenny, home depot, Amazon, Kohl’s, Sephora and more. eGifter teamed up with Coinbase to be able to allow users to purchase gift cards with Bitcoins.
Most people are familiar with Shopify. Shopify is an e-commerce platform that allows merchants to sell products online similar to eBay and Etsy. Since November 2013, all merchants on Shopify have the option of accepting bitcoin payments using BitPay.
If you are holding onto your Bitcoins because you don’t know where you can purchase products with your bitcoins, these are the top five businesses that accept Bitcoins as a form of payment.