What Can I Buy with Cryptocurrency?
So you’ve made a mini fortune from investing in cryptocurrency. Naturally, the thought that comes to mind is to reward yourself with some spending! Despite increased awareness of the concept, not many know where they can spend their newfound riches. Here at Everus, we’re all about making your life easier, so we’ve put a list of things you can indulge in, with some spare cryptocurrency lying around the depths of the blockchain.
Food
Even small business owners have found the time to implement cryptocurrency payment options and seriously, why not? From the US to India to Malaysia, forward-thinking merchants are selling food and drinks in exchange for bitcoin and other cryptocurrencies. Some are even offering additional discounts on top of the service, but understandably, the pick-up rate has been low. At least it’s a light at the end of a futuristic tunnel!
Tickets for NBA games
From next season onwards, fans of the Dallas Mavericks can purchase tickets using Bitcoin and Ethereum, according to a tweet posted by billionaire owner Mark Cuban. The Shark Tank star also confirmed to Bloomberg that the franchise will also accept tokens “originated by companies we have business relationships” with.
It’s not the first time an NBA franchise has accepted Bitcoin for payments though. The Sacramento Kings began offering merchandise for the cryptocurrency as far back as 2014.
Billionaire Mark Cuban is well-known to many as the American businessman and owner of the Dallas Mavericks but did you know he’s also a prominent figure in the world of cryptocurrency? Not only is he invested in Bitcoin, despite calling it a bubble last year, he’s also launched an eSports betting firm called Unikrn, with its cryptocurrency known as UnikoinGold.
Everus Mall
If you have EVR, you can spend it in our very own Everus Mall! With over 4,000 products and high-end brands such as Apple, GoPro, Huawei and much more on our platform, it gives EVR spendability that is hard to match. In addition, items are available at prices below market rate! Fancy a new iPhone X?
Property
The Aston Plaza & Residences is located at Dubai Science Park and offers apartments that can be purchased with either Bitcoin or fiat currency. If you’ve been holding a stash of Bitcoins for years, it might well be worth enough today to splash out on a holiday home there. On top of that, you get a 5% discount if you pay the full amount in a single transaction!
Prices start at nine bitcoins, but with the way the market goes, you could be paying much more or much less depending on when you choose to finalize your purchase!
Hire a freelancer
If you need some urgent work done, outsourcing to freelancers has been a tried and tested formula for many a company and entrepreneur. Freelance website Fiverr used to offer Bitcoin as a payment option, but this has since been discontinued. However, plenty of Bitcoin-focused gig economy platforms remain, which is good news for crypto entrepreneurs around the world. Plus, the smaller numbers tend to look better on the balance sheet!
Book a holiday
Since 2014, travel website Expedia has been accepting cryptocurrency for hotel bookings, although this hasn’t been extended to flights just yet. Not to worry — CheapAir lets you purchase flight tickets with Bitcoin, while several airlines also offer services in return for the cryptocurrency.
If you’re feeling particularly extravagant, you can even book a future trip into space with Bitcoin. It only makes sense that futuristic travel accepts futuristic payments!
A car!
In 2014, the Benz and Beamer car dealership in California accepted payment in Litecoin for a Tesla Model S P85. The owner paid 5,447 Litecoins for his new ride, which at the time was worth about $90,000. At today’s prices, that car would be worth just under US$1 million! Not a bad bit of business by the dealership, and a stellar example of the potential upside of accepting cryptocurrencies as a form of payment!
Cover image from trendtalky.com
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