"Cryptocurrency is the future and the solution to payments." These were my remarks when I could top up my phone from my cryptocurrency wallet.
Cryptocurrency and its underlying technology, blockchain, have grown rapidly, bringing significant change to individuals across various industries as it emerged as a solution to traditional finance's challenges.
As a result, earning cryptocurrency has completely changed how I manage my finances. For example, before obtaining a remote job that pays in crypto, my expenses were always in my local currency, as that is what my employer pays in. Interestingly, since receiving crypto payments, rather than converting all of my earnings to fiat currency and incurring income tax, bank fees, and other levies, I only convert a small percentage to fiat to carry out basic operations within local stores that do not accept crypto as a mode of payment.
Crypto As Every Day Payment Solution
So, as much as I can, I carry out my expenses with cryptocurrency as it protects me from inflation and tax deductions. In addition, I use my crypto for my daily financial obligations, such as making hotel and flight reservations, paying off debt, and going shopping.
Interestingly, using crypto saves a significant amount of money that I would have had to pay with fiat currency. For example, I do not use third-party online payment merchants on e-commerce websites, book my flights directly without any local deduction, and make other direct payments without incurring processing fees.
Therefore, while doing my monthly financial review and making comparisons of my spending with crypto and fiat, I realized how much I incur in paying for phone bills for myself and my grandparents using fiat. Undoubtedly, I can't avoid paying phone bills because I can't function without my smartphone, especially because I use it for work communications. However, I was startled to learn how much I had spent each month serving my phone bills as a regular subscriber.
Unfortunately, I cannot utilize any other payment method for my top-up because my service provider only permits mobile top-ups while my bank app is linked. And aside from the regular payment for phone bills, my bank also takes their charges as the third-party merchant for processing the transactions. Indeed, this wasn't good for my finances. As a result, I wanted to save costs on the recurring unavoidable monthly phone bills. Then I wondered if I could also pay my phone bills with cryptocurrency as with my other expenses.
An Alternative To Traditional Mobile Phone Top-Up
After discussing my concerns about my excessive monthly phone charges with my colleague, who also works remotely from India and is more enthusiastic about cryptocurrency than I am, He then revealed that given that India levies a 30% tax on the conversion of cryptocurrency profits, he has been utilizing cryptocurrency to cover practically all of his expenses, including his phone bills. He mentioned how, if he were to use his local currency, the price of paying his phone bills in a month would be enough to pay for a meal at a classy restaurant.
Without hesitation, I inquired about how he has been utilizing cryptocurrency to pay his phone bills and whether the service was unique to his location only. He admitted that he has been topping up his phone utilizing the Cwallet mobile refill feature. Surprisingly, he has been utilizing the service to pay his relatives' mobile recharges who are not in India, particularly his grandparents, who are always worried about losing their money if they enter the numbers incorrectly.
Indeed, it was a relief to learn that the Cwallet mobile refill service is accessible in 40+ countries globally and that I can top up my account for more than 40 prepaid mobile network operators using a variety of more than 380 cryptocurrencies. And the most interesting part of it all is that the service is free!
Using Cwallet Mobile Refill To Pay Phone Bills
It was necessary to have a Cwallet crypto wallet to access the mobile refill features and other awesome features of the platform. Interestingly, opening a crypto wallet with Cwallet was the quickest I've ever seen. It was as simple as viewing a webpage, as no email address, KYC procedure, or time-consuming verification process was required. All I had to do was sign up with my mobile number, and my Cwallet account was promptly created.
I could instantly top up my mobile with just a few clicks on the Cwallet dashboard. It was simple to use, quick, and free! As mentioned earlier, I could top up my prepaid mobile phone from over 380+ cryptocurrencies available on the platform. Furthermore, Cwallet mobile refill is quick, easy, and secure, and I could instantly top up over 40 prepaid mobile network operators for FREE!
Using the Cwallet mobile refill saved me a lot of charges I would have incurred while purchasing with fiat currency. There was no turning back for me as I could also top up my relative's phone in their various locations without incurring any additional charge or international conversion rate. Thanks to my colleague for bringing me the one solution for all my crypto needs. You can also follow the step-by-step process to top up your mobile via the Cwallet and enjoy seamless payment without incurring any transaction fee.
Cwallet: The Only Multi-functional Crypto Wallet You Need!
Cwallet is a unique cryptocurrency wallet that combines custodial and non-custodial features. You can manage and trade more than 800 cryptocurrencies in one location with the help of this integrated on-chain and off-chain wallet, which offers security, simplicity, and flexibility.
The Cwallet provides complex crypto needs of individuals or businesses through tools like the tip code, airdrop game, giveaway tool, mobile refills, bulk payment, request invoice, payment button, etc. It is more than just a cryptocurrency wallet where users can send, receive, buy, sell, or hold and swap.
Cwallet does not charge any deposits, withdrawals, and token swap fees. Therefore, using the Cwallet wallet is absolutely FREE!
So, what are you waiting for?