Cryptocurrencies

With the ongoing hype of crypto being allowed as a payment mode, everyone is shifting to it. It is a quick and easy process with no delays, no deposits, and no withdrawals. So, it is pretty apparent why everyone prefers crypto over cash for online shopping.

You just have to transfer your digital currency from one platform to another. However, it is a relatively new method, so you must be having some issues processing transactions. Another thing is that you might not know where you can use your digital currency for shopping. 

To help you out, we will let you in on some tips to shop online with cryptocurrencies. 

We will go over the following topics in this article:

  • Process of shopping online with crypto
  • Buy products or services from local dealers
  • Setting up wallet
  • Shop from crypto retailers
  • Using a crypto debit card
  • Paying with gift cards
  • Buy food with crypto 
  • Pay for resorts using cryptocurrencies 
  • Pay through PayPal 

What’s The Process Of Shopping Online With Crypto?

Most online stores have pretty identical processing methods. After confirming your purchase, you will get to see a pop-up stating “pay with bitcoin,” which will provide the store with your wallet information. After that, you can confirm your information to continue placing your orders. 

On the other hand, some websites provide you with a wallet address to send the required amount to. In this scenario, you will have to copy and paste that address into the wallet. Now, the box will show the bitcoins you will need to send before transferring it. 

Make sure to place orders using bitcoin promptly because of its unpredictable change in exchange rates. To prevent any inconvenience, most sellers will only give around 10 minutes for you to make the payment. If you are late and the transaction fails, you will have to pay according to the latest exchange rate.

Buy Products Or Services From Local Dealers 

Due to the surging popularity and high demand for cryptocurrencies, many local dealers have started allowing payments in digital currencies. With over 5.8 million to 11.5 million active wallets, you can easily use a mobile wallet to shop from any local platform without any issues. So before that, you will have to learn how to set up a wallet. 

Setting Up Wallet

You will have to adhere to a few preparatory steps before making any purchase. In other words, establish a wallet to store your cryptocurrencies. You can effortlessly find several wallets online that work pretty well on both mobile and desktop. To set the wallet up, all you have to do is provide your details to create an account. 

After setting up your wallet, you will have to add your digital currency. You can add crypto through any peer-to-peer trading platform, cryptocurrency exchange, or a bitcoin ATM if you only own bitcoins. 

Shop From Crypto Retailers

It is better to shop online using cryptocurrencies only at crypto retailers. Such retailers only aim for users of cryptocurrency so that you will get a hassle-free transaction. However, the only problem is that crypto-only retailers are limited to a few authentic ones. Therefore, it will be tough to spend your money like this.

Use A Crypto Debit Card 

You can make payments through a crypto debit card as well. It allows cardholders to add any type of cryptocurrency to it. In this way, you will be able to use crypto wherever bank cards are accepted anywhere in the world. So, you can do both online and offline shopping with this.

Pay With Gift Cards

Being a crypto user, you can easily buy steam gift card with bitcoin. This platform will allow you to purchase any gift card with bitcoin, and you can use that card to shop online. For instance, you can use steam gift cards at amazon or eBay to make your purchase.

Buy Food With Cryptocurrency

Now it is possible to get food through crypto with just one click. Due to this, you can easily order food while traveling by locating platforms that accept crypto payments. We bet you haven’t heard of this tip before! You just have to google it, and there will be a lengthy list full of restaurants that you can choose from. Doesn’t that sound exciting?

Pay For Resorts

Have to stay a night somewhere but forgot to bring extra cash? No worries! You can simply use your digital currency to book some of the splendid resorts in just one tap. You can even pay for the extra services through crypto. Now, you don’t have to panic because of running out of cash, as you can use your digital money whenever you want.

Pay Through Paypal 

If your preferred platform doesn’t have the option of paying through crypto, you can use Paypal to do so. Paypal enables store owners to allow digital currency by taking care of the exchange on their accounts. So, you can just pay in crypto through PayPal, and it will change it into fiat money.

Conclusion

Summing it up, you can use cryptocurrencies to make payments worldwide, even if some platforms aren’t accepting it yet. You just have to follow our tips and shop till you drop with your virtual money!