Using Your Cryptocurrency: 5 Businesses That Accept Crypto Payments

So you’ve invested in cryptocurrency and now you don’t know what to do next. Maybe you’ve traded some and invested a little somewhere else. Rather than using it all in trade exchange, you could also use it to purchase goods and services. But where can you use a currency that is still so new?

Although cryptocurrency is still gaining its footing as a standalone currency, there are a number of large, well-known businesses that accept crypto as a form of payment. Places like Overstock, Travala, Paypal, AT&T, and Starbucks have all been known to accept cryptocurrency as legitimate payment.

Using Your Cryptocurrency: 5 Businesses That Accept Crypto Payments

In this article, we’ll highlight five businesses that make paying with cryptocurrency possible. There are other businesses not listed here, so it’s worth doing an internet search if you’re curious after reading this.

1. Overstock

Overstock is an online retail site based out of Utah. They carry a variety of items ranging from furniture and home decor to kid/baby items and jewellery. The company started in 1999 and has since grown into a massive online business used by people all over the country.

Not only are they a large retailer, but they also accept cryptocurrency in the form of Bitcoin. Overstock partners with Coinbase, which is a Bitcoin platform so those who want to use cryptocurrency as a form of payment can do so on the website.  When checking out online, you simply press the “Pay With Bitcoin” button and follow the instructions that follow.

Beyond that, refunds can also be processed and returned to your crypto wallet if the situation arises.

2. Travala

Travala is a travel accommodations booking website that launched in 2017. Unlike other travel websites, Travala is the largest blockchain-based travel booking platform currently available. They offer accommodations in 230 different countries in more than 90,000 different locations. On top of that, their prices are also 40% cheaper than most mainstream travel websites.

Travala is also the main system for AVA cryptocurrency. This is incredibly helpful because you know they understand how cryptocurrency works and you’re less likely to run into issues on that front. Along with accepting cryptocurrency as payment, they also accept all major traditional credit cards.

3. Paypal

Paypal is unique in its relationship to cryptocurrency. Not only can you use crypto to purchase a good or service anywhere Paypal is accepted, but you can also download a crypto wallet designed by Paypal to keep track of your currency.

We would also like to note that you can use Paypal for cryptocurrency on any personal Paypal account. The option for crypto isn’t currently available for business accounts or for residents of Hawaii.

Paypal is also good for crypto because you don’t have to worry about making a separate account to keep track of your currency. Once you agree to the terms and conditions for crypto on Paypal, everything will be linked to your regular Paypal account.

4. AT&T

AT&T, the cellular company, now allows for payments to be made with cryptocurrency. They’re also the first major U.S. cellular company to adopt the use of cryptocurrency as a payment option. You can pay your cellular bills with crypto by going through BitPay.

BitPay is a cryptocurrency payment processor that works with Bitcoin. This processor allows you to buy, store, trade, and spend Bitcoin without worrying about any fees. BitPay is an excellent tool for anyone who doesn’t want to trust any website with safely securing their cryptocurrency. Through BitPay, you can shop, manage multiple wallets, and purchase gift cards too.

 5. Starbucks

As if using Bitcoin to pay for your phone bill and your household furniture weren’t enough, you can now get your daily coffee fix with your cryptocurrency too. Starbucks has recently adopted Bitcoin as a form of legitimate payment as part of a partnership with Bakkt, a digital-wallet provider.

Along with that, you can also convert your Paypal cryptocurrency into USD when you want to reload your Starbucks card.

Parting Thoughts on Using Crypto for Payments

While some may tout using cryptocurrency as “nothing but a meme,” it’s quickly growing to be a revolutionary form of payment at many major businesses. Along with the companies listed in this article, other businesses like Microsoft, Whole Foods, and even Etsy are beginning to adopt cryptocurrency as a form of legitimate payment.

As cryptocurrency gains more attention, it’s becoming more accepted everywhere. Now that you know you can actually use your cryptocurrency to make purchases, where are you going to shop today?

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