How and Where do you spend Crypto?

[hexwin 4931]

1 minute ago, zhaazure27 said:

Maybe for every day maybe not, but for a few weeks maybe i've spent it gambling or playing in the trading market. If my favorite place to accept bitcoin might still be to use local services in my country like Indodax.

Good to hear you are using crypto.

I was amazed how easy is to bet with crypto first time I tried it...  no paper work no waiting time.
So easy and fast.

[hexwin 4931]

4 minutes ago, bitcoworld said:

Where do you use your Crypto at the moment? I mean besides gambling. Do you really spend your Bitcoins?

No man. I mostly hold my Bitcoin long term, and I dont do betting or trading with it.

All my betting is done with Ethereum mostly, and I can also use it buy some stuff online, but not on regular basis.

Edited October 30, 2019 by hexwin

[jeffer35 2]

3 hours ago, hexwin said:

Todos tenemos algunas criptomonedas en Bitcoins en nuestras billeteras, pero ¿alguna vez gastamos criptomonedas o solo especulamos?

¿Gastas criptografía diariamente y con qué propósito?

¿Cuál es tu lugar favorito que acepta Bitcoin y otras criptomonedas?

I spend almost every week spending bitcoin in general expenses on food in electricity payments internet telephone water cable diversion only what I do is change for locabitcoin to money from my country but I can also change it to any currency I want and buy what always be and have several assumptions but usually I can buy whatever I want

[Casinoval 330]

I spent my crypto currencies on betting sites, there is not much you can buy with crypto, I will wait until more small online shops add support for crypto currencies and start spending.

[Lupandina 17]

Well, most part of owned crypto I'm holding, investing or something like that. Smaller part (like 10% of my crypto earnings) I'm accumulating in Wirex wallet. I have their card, so anytime I need, I can immediately exchange some crypto to fiat, and spend with card. Usually it's for daily family needs, but sometimes I'm feeling deserved enough to buy something nice just for myself 🙂

I chose Wirex because I have not much other choices of crypto cards here in my country, but there's one more thing I liked. It's cashback 🙂 it's cool to receive extra btc to wallet every time I paid with card (it's not common practice in my country for any other bank card, so maybe that's why I'm so excited about that :)) 

[I-KUN 422]

4 hours ago, hexwin said:

We all have some crypto in Bitcoins in our wallets, but do we ever spend out crypto, or we only speculate?

Do you spend crypto daily and for what purpose?

What is your favorite place that accepts Bitcoin and other crypto?

I always use crypto to buy some google play cards and steam gift cards on keys4coins.com using bitcoin or sometimes with my doge. I ever buy website domain, VPN also like other people do, paid some bill with crypto. But i spent most of my crypto for gambling on sportsbook in wbet7 and live casino in fortunejack.

[hexwin 4931]

2 minutes ago, I-KUN said:

I always use crypto to buy some google play cards and steam gift cards on keys4coins.com using bitcoin or sometimes with my doge. I ever buy website domain, VPN also like other people do, paid some bill with crypto. But i spent most of my crypto for gambling on sportsbook in wbet7 and live casino in fortunejack.

Looks like most people are using crypto in similar way, mostly for gambling and to buy online stuff.
I was surprised that many people use it everyday to pay bills with some apps.
Nice to hear this

14 minutes ago, Lupandina said:

Well, most part of owned crypto I'm holding, investing or something like that. Smaller part (like 10% of my crypto earnings) I'm accumulating in Wirex wallet. I have their card, so anytime I need, I can immediately exchange some crypto to fiat, and spend with card. Usually it's for daily family needs, but sometimes I'm feeling deserved enough to buy something nice just for myself 🙂

I chose Wirex because I have not much other choices of crypto cards here in my country, but there's one more thing I liked. It's cashback 🙂 it's cool to receive extra btc to wallet every time I paid with card (it's not common practice in my country for any other bank card, so maybe that's why I'm so excited about that :)) 

Nice to hear this.
Is Wirex card available worldwide, and what fees they charge?

Edited October 30, 2019 by hexwin

[Lupandina 17]

2 minutes ago, hexwin said:

Nice to hear this.

Is Wirex card available worldwide, and what fees they charge?

Well, I wasn't researching very deep, but as much I remember, it's worldwide, with some features restrictions to some countries. EU countries without restrictions, didn't check others too much. 

Card + delivery is free. Card account maintenance smth like 1 eur monthly. Online and in-store purchases free, atm withdrawals - can't remember fee, as not using that.

[hexwin 4931]

5 minutes ago, Lupandina said:

Well, I wasn't researching very deep, but as much I remember, it's worldwide, with some features restrictions to some countries. EU countries without restrictions, didn't check others too much. 

Card + delivery is free. Card account maintenance smth like 1 eur monthly. Online and in-store purchases free, atm withdrawals - can't remember fee, as not using that.

Thanks for feedback and information.
I will check for more details on official Wirex website.
I saw so many of this cards, that I don't know what to choose 😕

[Agios 1763]

Most of the bitcoins that I have sold / exchanged with USD to meet my needs, there are also those who buy hosting and domain and antivirus. and the other I keep in my wallet.

[fimolof 66]

for me i use yobit to transefer some bitcoin to usd perfect mony  and i use to recharge my mastercart with local forum in my country than buy items from internet

[myaccount1 584]

1 hour ago, Raihan555 said:

Well my earning from crypto are store in my wallet but I decided to trade but I have enough knowledge so now I try learning about it after it completes i will trading.

This is a very good idea that decided to start trading but friend i will give you suggestion that do not trade in shit coin because it will loss your all amount of money according to my experience so you need to trade those coin who have value in market and have good history.

[Rg123 318]

Well, i used crypto in paying bills, buying loads for texting and surfing and sometimes i exchange it to money and withdraw it to buy some things for me.

[duncun007 3577]

I would really like to thank crypto because with my gains from crypto I was able to travel to 3 different countries and sit back and relax without spending a dime if my salary. Also bought some home utilities with crypto gains.

[Naga 1250]

There are not hotels or stires that accept crypto but I've been making payments for a car from trading profits and I hope to see bitcoin being stable around 9k for a while so alts can finally explode and we see some good gains.

[xBDT Script 4371]

It seems very few persons are spending cryptocurrency in real life activities like paying bills, purchasing something, having coffee or paying rent etc. This is very ridiculous that within 10 years of the cryptocurrency journey, we still can't spend BTC for day to day life. Will it ever be?  I believe it will but the economic condition will also change with that which may also cause inflation.

[hexwin 4931]

5 hours ago, xBDT Script said:

It seems very few persons are spending cryptocurrency in real life activities like paying bills, purchasing something, having coffee or paying rent etc. This is very ridiculous that within 10 years of the cryptocurrency journey, we still can't spend BTC for day to day life. Will it ever be?  I believe it will but the economic condition will also change with that which may also cause inflation.

More people use crypto than you think here.
If you read previous answers you will see that many are using it daily to pay bills.,
and many others are using it for betting on regular basis.
We need to ask more people to accept crypto and then more people will use it

[nameste 16]

I was only pay a web server or virtual server payment with btc just for two times and thats it. But the transfer was fee is very high, maybe that is the reason to still dont use.

[xBDT Script 4371]

3 minutes ago, hexwin said:

and many others are using it for betting on regular basis.

This is not the real use to be honest, we can't call it acceptance yet. Moreover, I think it doesn't have a much of volume per day. Nevertheless, you can't say there are a lot of places for using crypto. I don't know how many  country allow for paying bills (*) with BTC. Very few country even have the option to use in IRL.

 

* Bills refer to paying service charge like for hosting, domain registration etc. I was talking about real life activities like paying electricity bills or paying for other service we take in real life, not virtual.

[hexwin 4931]

13 minutes ago, xBDT Script said:

This is not the real use to be honest, we can't call it acceptance yet. Moreover, I think it doesn't have a much of volume per day. Nevertheless, you can't say there are a lot of places for using crypto. I don't know how many  country allow for paying bills (*) with BTC. Very few country even have the option to use in IRL.

 

* Bills refer to paying service charge like for hosting, domain registration etc. I was talking about real life activities like paying electricity bills or paying for other service we take in real life, not virtual.

How can you ever use it everyday when you see that small spike in Bitcoin and Ethereum  halts all transactions, and don't tell me LN will fix this, as this is only theory and not all people will us LN wallets.

You can't expect that they accept it for all bills, first we need to accept crypto for sell and buy stuff.I think Australia, New zeland, Slovenia, Switzerland and other countries accept payments in crypto, and you can even receive paycheck in crypto if you choose.

Edited October 31, 2019 by hexwin

[Pegem 109]

2 hours ago, Ong Dod said:

wow you have an advance use of bitcoin, that's great so crypto currency really helps us a lot like how you make use of it, i also use bitcoin in that way but buying things for my own? well i'm not that spending for my own because i prefer on saving more money for the future use.

I also save some amount for the future because I know that in the future the price will increase while I cannot save all of my earning because I have to spend some amount on my family living.

[Pegem 109]

4 minutes ago, mumidamie said:

On businesses we can spend our crypto currency.Secondly on forra is a place where to buy and sell everything.overstock. com is another way on how and where to spend your bitcoin. Open sea Digital market place you can spend your crypto currency on this place also for better improvement

You have great information for us. I like it. Before it was not aware of that sites and I was using online marketplace to buy from other people and in my place and in purse. 

[Ajlovez7 594]

On 10/30/2019 at 4:42 PM, igglybuff said:

I only spend cryptocurrencies to buy food, for now it is my highest priority.

I like localbtc because there are many bitcoin options to other platforms, but I would like to find one where they charge less fees and have more alternatives..

I spend crypto & bitcoin on shopping on Amazon through moon wallet !!

Isn't it amazing.

I also use cryptocurreny in various payments through coinpayments gateway!!

[alicenora 144]

On 10/30/2019 at 1:34 PM, xBDT Script said:

I had dinner with bitcoin once, and spend bitcoin in a lot of way because you know bitcoin is legal here and there are some places where I can spend bitcoin. Also purchased a lot of services with bitcoin and still using bitcoin for service purpose.

 

You had a dinner and paid it with bitcoin ? omg it seems amazing.I hope I can do it too.Actually I would wanted to buy things from our market too 

[iloveyobit 6599]

in my country we dont have site and place where we can use bitcoin and cryptocorrency , so i keep them in my wallet untill i get the chance to buy from a site who  can ship to me .