How to Pay with Cryptocurrency?

Paying with crypto plays a big part in your investments however, it is not always easy to know how or where you can do so. That’s why we are going to elaborate on the subject. Because the crypto industry is ever-growing, there are now more options to pay with cryptocurrency directly. Crypto payment cards and apps, Bitcoin ATMs, crypto websites, peer-to-peer (P2P) and so much more are being created as we speak. Let’s find out how to pay with cryptocurrency.

Crypto Payment Cards and Apps

There are now several crypto payment cards and apps available depending on your country of residence. Not only you can pay with crypto, but you can also buy some (despite a reduced selection of coins available). Here are some to name a few:

Hi Debit Card and Application

The Hi app is an application on which you can connect your crypto wallet, buy, sell, and pay with crypto as well as using Fiat (traditional currencies, USD, CAD, GBP, EUR, CHF, and others).

They also have an ‘Earn’ section in which you can earn passive income by depositing some tokens. They offer different debit cards, each comes with their benefits and fees. There are 6 cards to choose from, hi Basic, hi Black, hi Silver, hi Gold, hi Platinum, and hi Diamond.

There is also the possibility to earn more rewards and access higher-ranked cards if you hold some $hi (their token).

Crypto.com Debit Card and Application

Crypto.com is another crypto app that allows users to do several types of transactions. On their app, you can buy and sell crypto, use Fiat, earn passive incomes (by staking), access NFTs (Non-fungible tokens, unique digital items) marketplace, buy and store them, access a ‘shop’ section, and more. You can get a digital card as well as a virtual one. What is also really interesting is that you can earn rewards when checking out with ‘Crypto.com pay’ by up to 10% cashback. As lots of crypto companies, you can buy their merch (socks, hoodies, Jackets, and more).

Bitpay Debit Card and Application

On this app you can create, import, or join a shared wallet, you can buy and swap cryptocurrencies as well as store them since there’s an implemented wallet.

You can also buy gift cards, shop online, including travel and leisure, electronics, give to charities, pay for restaurants, clothes, and more. There is even the possibility to pay for your bills. They also have the Bitpay payment card. Please note that the Bitpay app is only available to US residents at the moment.

In the same spirit, there is also Binance which offers a payment card system. However, this payment card is only available in some countries such as Austria, Belgium, Croatia, Denmark, France, Germany, and others. And although Binance did offer the card to some countries we’d advise you to double-check if they are still available in your country now, as it isn’t in some countries anymore.

Cryptocurrency ATMs

If you wish to withdraw some of your crypto and use it in the form of cash you can opt for crypto ATMs. Depending on your country of residence, you can have access to these ATMs and withdraw your Bitcoin (BTC). The machine will provide you with a QR code thanks to which you will be able to withdraw some cash.

Cryptocurrency Websites

There are now several websites where you can pay directly with your cryptocurrency.

Travala.com

A traveling website that allows you to pay with different cryptocurrencies including but not limited to:

Bitcoin (BTC)
Ethereum (ETH)
Binance Coin (BNB)
Tether (USDT)
Ripple (XRP)
Tron (TRX)
Litecoin (LTC)
Polkadot (DOT)
Chainlink (LINK) and others

Not only you can pay for your flights, but you can also pay for stays and activities. There is also a reward program when using their site and paying with some specific cryptocurrencies.

Alternative Airlines

Alternative Airlines is another traveling website on which you can pay with crypto. If you go to the payment section on their website, they have a drop-down menu where you can check accepted payment methods per country.

Some of the accepted cryptocurrencies are:

Bitcoin (BTC)
Ethereum (ETH)
Litecoin (LTC)
Tether (USDT)
Ripple (XRP)
Dogecoin (DOGE)
VeChain (VET)
Uniswap (UNI)
Cardano (ADA) and others

You can also earn rewards when shopping with their partners such as Crypto.com.

Shopping.io

A platform on which you can buy a large variety of items such as clothing, electronics, accessories, and others and pay with cryptocurrency.

They also offer the option to subscribe to one of their plan and earn rewards amongst 5 plans:

Asteroid
Moon
Planet
Star
and Galaxy

They have a system of NFT staking with which you can earn rewards too. Last but not least, you can donate crypto via their platform and select the organization of your choice.

Coinsbee

Coinsbee is a platform on which you can buy gift cards with cryptocurrency. There is a very large variety of options such as:

E-commerce
Games
Entertainment
Clothing
Restaurants
Health and Spas
Travels
Payment cards and others

They accept over a hundred cryptocurrencies, wallet services (Binance pay, Crypto.com pay, and Remitano), as well as fiat payments.

In order to pay for a gift card, you need to select your region, and the value in fiat (traditional currencies) and choose the crypto of your choice. They’ll display the value in your chosen cryptocurrency before validating your purchase.

BTC Wine

A platform selling wine that accepts cryptocurrency payments. They also accept fiat currencies. You can pay with:

Bitcoin (BTC)
Bitcoin Cash (BCH)
Ethereum (ETH)
Ripple (XRP) and others.

However, they state that there may be KYC (Know Your Customer) procedures required when placing an order on their website. This means that they may ask you to provide them with some of your details such as your full name, email address, home address, phone number, etc.

They offer an affiliate program and have a Wine NFTs section. You can also earn rewards when shopping with one of their partners, crypto.com.

Peer-to-Peer (P2P) Payments

You can pay someone for a service or simply send crypto to someone thanks to the peer-to-peer (P2P) system.

This payment system is available on most Centralized Exchanges such as Binance, KuCoin, Coinbase wallet (and not through the Coinbase app), OKX, and others. This system is simply an exchange of currencies (fiat and crypto) between two individuals on a crypto platform. This type of transaction may offer lower fees.

There are also lots of places that accept cryptocurrencies, Starbucks app (in the US only at the moment), Burger King (in Paris), Shopify, Axa Insurance (in Switzerland, they accept Bitcoin payments), and lots of others.

Written by
Siana Marcellus
Educator