The year 2018 has been the year of Bitcoins currency, it has been seen as the year in which the race is all about who accepts Bitcoins. Why is this so? Companies have been seen to be a status symbol if they are undaunted enough to put the status quo to the test and accept Bitcoin.
Bitcoin has been seen to take over the crypto-currency marketplace; known as the largest and most well known digital currency, it is what is trending on in the digital world. If you are worried about being interrupted by a third party, your worries can come to an end with the Bitcoins taking over the payment system world.
Today, no one does anything without a goal or a benefit. Most of our actions are benefit-seeking ones, and so is the use of crypto-currency.
Why should your business accept bitcoins? Here is why:
- They lower transaction fees
- They eliminate charge-back fraud
- They give free publicity opportunities
- They guarantee immediate availability
- Purchases are not taxed
- User anonymity is kept
Also, those who accept Bitcoins are well aware of the potential that Bitcoin transactions hold. You should know them too. Transaction of Bitcoin is not only comfortable but is also validated and fast.
You are not subjected to high transaction charges when you sell and trade anonymously with Bitcoin.
Furthermore, Bitcoin is far more than what you think of it or what anybody thinks of it; it is not just currency, it is a new dimension of the technology itself.
Bitcoin payment system
With the Bitcoin payment system, it has become very much possible to be able to send and get money from and to anywhere in the world at any given time.
The old worries of crossing borders, rescheduling for bank holidays or any limitations are now long gone, you are in control of your money with Bitcoin.
Currently, there are no, or very low fees in the Bitcoin payment system, transactions have become faster and simpler. Like with other online payment systems, users of Bitcoins can also pay for their coins anywhere if they have access to the internet.
This means that purchasers no longer have to go to a bank or a store to buy their product. Also, the Bitcoin system is all peer to peer with the users experiencing a great deal of freedom with their currency.
High transaction charge
Who does not want to avoid a high transaction charge, who does not want to be allowed to transfer from one business to another in a very transparent and most resistant-proof manner?
With aims and wishes like these, every other business and company today continues to accept Bitcoins for their trades all around the world. Bitcoins continue to serve the purpose-by working marvelously.
There are numerous companies all over the world who accept Bitcoins. If you are wondering where to start, then look no further than these top ten stores for they have been using the system since years now:
1. Overstock.com – one of the very first retailers accepting Bitcoin payments
In the year 2014 on January, Overstock became the largest retailer online shop to accept Bitcoins. They did so through a partnership with the Coinbase.
They were the first and the largest company to deal in crypto-currency. Hence they made their way into the “who accepts Bitcoins” list way before anyone else did. They stepped things up and started taking it when they were $1.4 billion a year company.
The retailers allow and enable its customers to purchase everything that they have in stock, ranging from laptops to television sets and even pillows.
These items are not just available with Bitcoins but are also dealt in other major crypto-currencies. The payment system that runs in the Overstock converts your currency into Bitcoins and then goes ahead to finalize the transaction procedure.
Overstock currently leads the way in crypto-currency technology and the use of the Bitcoin payment method. Not only is the company from those who accept Bitcoins but it also holds to them.
2. Newegg – a company well known to be part of the crypto-currency community
It is a company, which is famous for accepting crypto-currency and that too in Bitcoins. The shop deals in electronics and sells computer hardware in all ranges and all ends of the spectrum.
After recognizing their popularity and name in those who are part of the community, they decided to enter the league of those who accept Bitcoins.
3. Shopify – Bitcoin usage not directly but indirectly
Technically speaking, one cannot buy anything on Shopify itself using crypto-currency. However, when it comes to merchants, Shopify allows them to have the option of selling their products using Bitcoin payments using something like Coinbase Commerce.
If any of you do not know about Shopify, let us tell you briefly that it is a very famous and well-known e-commerce platform where merchants set up their very own products in a similar way to that of Amazon and e-Bay.
During November 2013, every merchant who was a part of the Shopify was allowed to accept Bitcoin payments with the help of Bitpay. This was a number around 75,000+ Shopify merchants who became part of the who accepts Bitcoins race.
4. Microsoft – Bitcoins work here!
Bitcoins can be used to deposit funds into your Microsoft account. These funds can be used in a variety of ways which can prove to be safe and beneficial.
These include the purchase of games, movies, and apps in the Microsoft and X-box stores, however, the Bitcoins cannot be used to buy anything that is present on the Microsoft online store.
Microsoft has the process of crypto-currency well-streamlined. If you are a gamer or an avid movie fan, this is the right service for you to use.
5. Expedia – one of the largest online travel-booking agency
There aren’t many hotels that allow the use of Bitcoins and Bitcoin payments in the system they run. However, Expedia which is one of the largest online travel booking agency has been a part of the who accepts Bitcoins race.
Since June 2014, Expedia users have had the opportunity and option to pay for their payments including hotel bookings with Bitcoins. Just like Overstock.com, Expedia also teamed up with Coinbase to start up their system of crypto-currency.
At Expedia, Bitcoin payments are accepted limited to hotel bookings only, but work is being done on deciding if this option should be extended to pay for flights, other activities, etc.
If you ever feel the need to travel for recreation, relaxation or work, you should definitely book hotels with the Expedia agency as they are from those who accept Bitcoins, which is a blessing in a fast world present today.
6. eGifter – a popular gift card site
You cannot always use Bitcoins at every website or offline store that is out there on the web. However, you can use your Bitcoins to buy gift cards for places that do not directly approve of Bitcoins.
Such a popular site which accepts Bitcoins is the eGifter which is a famous and well-known platform that allows users to buy gift cards for all sorts of places such as JCPenny, Sephora, Amazon, Kohl’s, Home Depot and many more.
Then again, eGifter makes use of Coinbase as their Bitcoin partner. If you were worried about websites that do and do not accept Bitcoins, it is the time that this worry of yours ended. With eGifter, you can simply buy a gift card and use it wherever you wish and please.
7. Reddit – best of all the internet at one place
Reddit gives you the best of the internet all at one pace, altogether. You can get a constantly updating feed of breaking news, stories that are fun, memes, pictures and videos.
It belongs to those sites who accept Bitcoins, this is what makes things even better than before. The option of buying various features in the question and answers forum of the Reddit could be done using the Bitcoin payment system.
However, it is said that they have stopped the use of crypto-currency for a little while now but hope to reintroduce the payment system again due to its many advantages.
Once, it is back; you can use those beautiful coins to have all form of discussions, buy all the features you want to get yourself excited about and to get your views out there on the forum.
8. Bitcoinshirt.co – just the place for Bitcoins!
Do you want to show and express your love for Bitcoins? If so, then you need to check out the Bitcoinshirt.co for this purpose as the developer of this business formed this business for the very reason itself.
With a vast variety of designs and paraphernalia available, all of the crypto-currency lovers will have a wide range of options to choose from. Isn’t that amazing? Sure is.
The store accepts over more than 30 different types of online currency in addition to Bitcoin in order to help the development of “disruptive technology” that has shaken and moved the industry largely.
The above is an online store, which is specialized in unique and funky Bitcoin merchandise. It offers hoodies, mugs, T-shirts, hats, posters and much more with the Bitcoin payment system.
9. WordPress – one of the largest platforms for web development
WordPress is one of the largest platforms that have come into existence for web development. Also, what tops things up is that it was among the early adopters of Bitcoin payment system.
Since the year 2012, they have allowed their users to carry out the payment systems using the Bitcoin currency system.
During their announcement to do so, they clearly said that they are willing to open their doors to Bitcoin currency especially for the aim to reach those areas of the world where traditional payment systems do not work, due to government interference or corporate bureaucracy.
10. Wikipedia – the knowledge-gaining zone
The open-source online encyclopedia; Wikipedia is now in the league of those who accept Bitcoins. They have done so by forming a partnership with the Coin Jolt.
The foundation of the online encyclopedia, which owns and takes care of the work that goes on in the site, announced on its blog that is official about the acceptance of donations in the digital currency. The Wikipedia accepts 13 different payment methods which enable donations from nearly everywhere in the world, adding one more which is Bitcoin.
Didn’t you find your favorite store?
The coinmap is a website that aims to connect Bitcoin owners to various shops and services who are part of the Bitcoin community and have integrated Bitcoin into their payment systems.
The application works almost in the same manner as Google Maps, the only difference being that instead of buildings and apartments, the app deals with those who accept Bitcoin payments.
Apart from the stated function, the application allows journalists who want to study and report on the adoption of Bitcoin in the real economy.
With more companies accepting Bitcoins and dealing with them, Bitcoins are an extremely fast-spreading currency.
It isn’t just big companies who have integrated the system but also small business have made the switch as well. Transfer of digital funds has become easier and simpler.
Despite being introduced only 5 years ago, the use of Bitcoins has grown largely, and the growth hasn’t yet stopped!
Investing in cryptocurrency such as Bitcoin is more than just any investment, not only is it digital, fast and trustworthy but also time-saving.