There are several options and these options are increasing all the time, which helps Bitcoin to be a more suitable option.
Reward online users and charities
You will find that many forums and sites allow users to reward other users, such as blog authors or people who help, with tips in the form of Bitcoin. If you receive benefits from the work of others, passing on Bitcoin you have collected is a smart way of thanking others and hopefully helping you receive more benefits in the future.
There is also a growing number of charity organisations which accept Bitcoin payment so if you want to do your bit to support a worthwhile cause or organisation, look to see if Bitcoin payment is accepted, and it is, make your payment in this manner.
Buy gift cards
Even though many people are left frustrated at not being able to use Bitcoin to directly buy products on sites like Amazon just yet, there is a suitable workaround that means you can buy the goods you need from the most popular sites with Bitcoin.
This is because there is a growing number of Bitcoin-friendly sites who offer gift cards for a wide range of retailers, ensuring you can use this money to redeem at popular stores.
Pay in stores or restaurants through a suitable app
There is a growing number of apps which allow you to use your Bitcoin with them and then make payments through to the store or restaurant through the app. If you have been left frustrated by the limited options to use Bitcoin directly, this sort of solution will help you use your money in an effective manner.
You should also find that many reputable firms now accept Bitcoin as payment. There are examples of firms in the travel industry, such as Expedia or CheapAir who allow customers to make a direct payment with Bitcoin.
Spending with Bitcoin
If you are looking to understand the process of making a payment with Bitcoin, it is comparable to sending an email. The twist comes with the fact that rather than sending an email to a chosen email address, you will send money to a Bitcoin address.
The anonymity associated with Bitcoin appeals to many people, and Bitcoin enabled systems tend to make the process simple for customers. When buying with Bitcoin, you will be asked to provide one of the following aspects:
- A link to an online wallet you store your Bitcoin in
- A Bitcoin address
- A QR code
Hopefully, this information will give you confidence in using Bitcoin and will ensure that you have plenty of options in knowing where to spend your Bitcoin.
Date Published: Wednesday October 31, 2018
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