Who Accepts Bitcoin and Other Cryptocurrencies?
While most people are still perplexed by blockchain technology, numerous significant firms in the United States are hopping on board. Bitcoin has evolved from a hazy virtual coin used by a small percentage of the population to a payment and currency system that millions of people believe will be the future monetary system.
The following are some of the most well-known companies that accept cryptocurrency as payment:
Apart from being able to use cryptocurrency to fill up your Microsoft account, the software giant also allows users to utilize cryptocurrency for other purposes. With Bitcoin, you may pay for Xbox Live, Microsoft software, games, and other digital content.
Wikipedia, the world’s most comprehensive open-source encyclopedia, welcomes Bitcoin payments and financial contributions. The payment platform is BitPay, which is used by Wikimedia, the company that manages it.
Use of PayPal
Paypal clients in the United States can utilize bitcoin at merchants who accept Paypal payments in addition to buying and selling it. Bitcoin, Bitcoin Cash, Litecoin, and Ethereum are all accepted as cryptocurrencies.
Although paying for your morning coffee with Bitcoin at the register is still impossible, you can add funds to your account using the coffee company’s app. Bakkt, a third-party digital wallet, can allow you to convert your Bitcoin to dollars and use it at its merchant partners, including Starbucks.
Through BitPay, a third-party payment gateway, AT&T is the first primary mobile phone carrier in the United States to give customers a crypto payment option. BitPay is an option for customers who want to pay with Bitcoin or other cryptocurrencies.
By working with Coinbase, this well-known online retailer in the United States became the first big retailer to take cryptocurrencies. Overstock was much ahead of Paypal and Microsoft when it came to accepting cryptocurrency as payment.
Twitch adopted cryptocurrency as a payment option in 2014. All the famous and also other lesser-known coins like PAX, BUSD, and GUSD are all accepted by Amazon’s premier gaming streaming video platform.
It still doesn’t take crypto payments directly, but if you want to pay with Bitcoin, you can utilize Purse.io.
The home improvement store accepts Bitcoin via the Flexa digital payment system, which eliminates the need for additional hardware.
Whole Foods uses the Flexa platform in the same way as Home Depot does. Flexa can convert cryptocurrencies to dollars in real-time, allowing customers to make seamless Bitcoin payments.
The online travel firm initially accepted cryptocurrency payments through Coinbase before switching to BTCPayServer. BTC, ETH, USDC, GUSD, and DOGE are examples of stablecoins and digital currencies that can be used to pay for flights or hotel reservations.
You don’t need a separate program to convert Bitcoin to cash on Newegg; it’s as easy as selecting “Pay With Bitcoin” during checkout.
Namecheap has been accepting Bitcoin as payment for web hosting and domain name registration since 2013.
Rakuten Wallet accepts altcoins like Ethereum and Bitcoin Cash and allows users to charge Rakuten Cash with them.
Restaurants that serve fast food
Pizza Hut and Burger King in Venezuela, KFC in Canada, Quiznos in the Denver airport, and many Subway locations are among the fast-food chains that take cryptocurrency.
Expedia, the travel booking giant, accepts bitcoin payments for its hotel bookings. Expedia has entered into a partnership with Coinbase in order to enable such transactions. Mobile payments apps like Cash App and Square also allow for bitcoin payments in order to get a slice of the crypto game.
There are a handful of other entities, such as Zynga (Mobile app/games), OKCupid (online dating), CheapAir (hotel/air booking), etc., where you can get your hands dirty with bitcoin. You can click here for a complete list of companies accepting bitcoin payments.
Since the crypto market is volatile and largely unregulated, a large number of enterprises are reluctant to accept it as a mode of payment. However, as the market matures and bitcoin scales for mass adoption, firms will emerge to take it as a mode of payment. Until then, you can just hold and see the cryptocurrency rise ‘to the moon.’