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What can I Buy with Cryptocurrency?

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two people holding a bitcoin coin with a white background in NZ

Since the beginning of Bitcoin and its fellow currencies, the world has watched as innovators from all around scheme up new ways to receive this anomalous cybercash as payment for their goods & services – and now we watch as the bigger players begin to follow suit. Before you know it, people with make purchases and buy with crypto as if it was normal fiat currency.

According to Coinmap, on July 10th, 2019, there were 15,093 businesses accepting crypto as payment. Other reports say this figure is in the hundreds of thousands, and will only continue to grow as more adopters enter the market.

ethereum bitcoin and ripple coins next to SD card

Using crypto as a payment method is becoming easier by the day too, with tech firms such as Bitpay working on payment processors that can exchange your crypto straight into local fiat in real-time upon transaction.

Another bigger player now in the race is Visa, with their pre-paid bitcoin card aiming to streamline the digital currency conversion process. These innovations have the ability to pull the volatility problem right out of the transactional equation, but also allow both parties to feel confident that they are sending and receiving the same amount of value.

The sign of a place that accepts cryptocurrency payments in New Zealand to illustrate the idea to buy with crypto

What can I currently buy with crypto?

Airline tickets, Hotels & Cars can now be easily purchased and rented with organizations such as www.cheapair.com and bitcoin.travel.

Real estate can be purchased with cryptocurrency with bitcoin-realestate.com

Virtual real estate can be purchased through places like decentraland.org

Cars can be purchased through websites like buysellcarwithbitcoin.

Tickets to space are able to be purchased from Virgin Galactic.

Online shopping in all shapes and sizes is now available on sites like Overstock.com and Openbazaar.org.

Sweet tech can be purchased on Microsofts Marketplace, spendabit.co and applewithbtc.com.

Donate to charities and organizations such as Wikileaks, The Water Project and Save the children.

Bet on sporting events with sportsbet.io.

Gift cards can be purchased on eGifter providing indirect access to major players including names like Uber eats and Amazon.

Gold & silver can be purchased through websites like MyGold.co.nz.

Your university tuition fee can be paid off if you decide to go to this university in Switzerland.

Clothing can be purchased through Bitgear.co.

Cryptocurrency can be exchanged into other cryptos using Changelly.com.

To see our list of all the places in New Zealand that accept cryptocurrency, click here.

Coin map heat map screenshot

The Image you can see above is a screenshot of Coinmap.org, a regularly updated live map of a great chunk of the businesses that are currently accepting crypto. Though not every business that accepts crypto is up on this website yet, the listed venue’s figure is growing faster and faster every day.

Theoretically, anything and everything that can be purchased using fiat currency can be purchased alternatively with crypto, and who knows, soon we may see organizations only accepting crypto. It’s only a matter of time before the mainstream population will buy with crypto.

Another way to spend your crypto is to buy back some NZD from us!  Click here to trade back at the best rates and speeds in New Zealand

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