How and where can I spend Bitcoin?
If you’re not sure where to spend your mined bitcoins, let’s have a look at a couple of options, that will help you spend your bitcoins pretty much anywhere.
1. Bitcoin Debit Cards
You can easily fund a debit card from your Bitcoin-wallet balance. This solution provides access to a large selection of merchants, just as any MasterCard or VISA debit card.
Currently this is the easiest and most flexible method.
2. Gift Cards
If the store with the desired item doesn’t accept Bitcoin, you can often find that it will offer gift-cards. And a lot of gift-card businesses accept Bitcoin.
You can even get some discounts using this method, although you need to purchase them in advance and usually the gift-cards are limited to a particular store.
3. Pay with Bitcoin on Amazon
Using such services like Purse.io you can buy anything from Amazon.com. The service works by matching people who have Bitcoin and want to buy something on Amazon with people who want to buy Bitcoin and ready to make a purchase.
You can get some really great discounts using this tool but it only works for making purchases at a limited range of internet retailers, and it can take longer to complete a purchase than it would normally.
As for us here at Hashflare, we deem the Bitcoin Debit Card as the most convenient solution.
If you decide to get your own Bitcoin Debit Card, we recommend using Cryptopay.