You’ve got your coins, and they are safely stored, but what can you do with them? Since Bitcoin is digital money, any way you currently spend your money could be done with Bitcoin. The only restriction is on the other party being willing to accept them as payment.
While the Bitcoin economy is still young, more and more businesses are accepting this digital currency every day. Even apart from businesses, there is an ecosystem of individuals who are trying to transact as many of their affairs as they can in Bitcoin.
For a list of businesses and websites that accept Bitcoin, visit here. Another good site is here. Here are some of the more popular ways to spend coins.
Bitmit. This platform allows buyers and sellers to list their goods for Bitcoin.
Coingig. Another platform service.
Craigslist. Search for Bitcoin on Cragislist and you’ll find people willing to sell for coins.
Rediff Bitmarket. A subreddit community for buying and selling goods in Bitcoin.
BitcoinTalk Forum. This forum is full of very active users, and has a section entirely dedicated to buying and selling goods and services in Bitcoin.
Gyft. This is a smartphone app that allows you to purchase gift-cards with Bitcoin. Gyft has rapidly become a convenient way to spend coins at stores that don’t accept them directly.
Bitspend. This service allows you to spend your Bitcoin almost anywhere (Amazon is popular). You tell them exactly what you want to purchase, send them the Bitcoin in the corresponding amount, and they make the transaction for a fee. There are several of these services available; Bitspend is currently the most popular.
Bitcoin Store. This site deals with electronics, and has surprisingly low prices. A very popular site.
Wordpress. The largest online blogging platform accepts Bitcoin as payment.
Reddit. This extremely popular content aggregation site takes Bitcoin for its extra services.
Satoshidice. A popular gambling site that lets you send Bitcoin as a bet. It’s fun, but please play responsibly!
OKCupid. One of the more respected online dating sites accepts Bitcoin for their paid services.
NameCheap. One of the larger web domain and hosting sites.
Amagi Metals and Coinabul. These precious metals dealers are well-known and happily accept Bitcoin.
BitPremier. If you’re rich, check out this luxury site. They have everything from high-end sports cars to yachts.
Private Internet Access. A Virtual Private Network (VPN) that allows you to connect anonymously to the internet. One of the first to accept Bitcoin.
Seals With Clubs. Great online poker site, only uses Bitcoin.
Betting. There are multiple platforms that allow for betting with Bitcoin. BetsofBitcoin and BitBet are two of the best.
Charity. Many charities and political organizations now accept Bitcoin. Here is a list of some of the more popular ones.
Hidden services. There are many sites that aren’t accessible through the regular internet that offer goods and services of questionable legality. The most prominent is called The Silk Road, a marketplace for drugs and other items. I would advise against using these sites. Obviously, you do so at your own risk.
This is only the tip of the iceberg. Search around online and you’ll find many opportunities to spend your coins.
Read More: How to Buy Bitcoin with Credit card and Cash
Since this is a growing market, don’t just look for ways to spend your coins—consider offering your own goods or services for Bitcoin as well! You can use the platforms we mentioned above to do this, but you can also use services created specifically for merchants (one of the best is BitPay). Here is a guide for small-businesses who want to accept Bitcoin.
While the Bitcoin economy is still young, more and more businesses are accepting this digital currency every day. Even apart from businesses, there is an ecosystem of individuals who are trying to transact as many of their affairs as they can in Bitcoin.
For a list of businesses and websites that accept Bitcoin, visit here. Another good site is here. Here are some of the more popular ways to spend coins.
Bitmit. This platform allows buyers and sellers to list their goods for Bitcoin.
Coingig. Another platform service.
Craigslist. Search for Bitcoin on Cragislist and you’ll find people willing to sell for coins.
Rediff Bitmarket. A subreddit community for buying and selling goods in Bitcoin.
BitcoinTalk Forum. This forum is full of very active users, and has a section entirely dedicated to buying and selling goods and services in Bitcoin.
Gyft. This is a smartphone app that allows you to purchase gift-cards with Bitcoin. Gyft has rapidly become a convenient way to spend coins at stores that don’t accept them directly.
Bitspend. This service allows you to spend your Bitcoin almost anywhere (Amazon is popular). You tell them exactly what you want to purchase, send them the Bitcoin in the corresponding amount, and they make the transaction for a fee. There are several of these services available; Bitspend is currently the most popular.
Bitcoin Store. This site deals with electronics, and has surprisingly low prices. A very popular site.
Wordpress. The largest online blogging platform accepts Bitcoin as payment.
Reddit. This extremely popular content aggregation site takes Bitcoin for its extra services.
Satoshidice. A popular gambling site that lets you send Bitcoin as a bet. It’s fun, but please play responsibly!
OKCupid. One of the more respected online dating sites accepts Bitcoin for their paid services.
NameCheap. One of the larger web domain and hosting sites.
Amagi Metals and Coinabul. These precious metals dealers are well-known and happily accept Bitcoin.
BitPremier. If you’re rich, check out this luxury site. They have everything from high-end sports cars to yachts.
Private Internet Access. A Virtual Private Network (VPN) that allows you to connect anonymously to the internet. One of the first to accept Bitcoin.
Seals With Clubs. Great online poker site, only uses Bitcoin.
Betting. There are multiple platforms that allow for betting with Bitcoin. BetsofBitcoin and BitBet are two of the best.
Charity. Many charities and political organizations now accept Bitcoin. Here is a list of some of the more popular ones.
Hidden services. There are many sites that aren’t accessible through the regular internet that offer goods and services of questionable legality. The most prominent is called The Silk Road, a marketplace for drugs and other items. I would advise against using these sites. Obviously, you do so at your own risk.
This is only the tip of the iceberg. Search around online and you’ll find many opportunities to spend your coins.
Read More: How to Buy Bitcoin with Credit card and Cash
Accepting Bitcoin
Since this is a growing market, don’t just look for ways to spend your coins—consider offering your own goods or services for Bitcoin as well! You can use the platforms we mentioned above to do this, but you can also use services created specifically for merchants (one of the best is BitPay). Here is a guide for small-businesses who want to accept Bitcoin.
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