Cryptocurrencies, such as Bitcoin and Ethereum, have been around for over a decade and have grown in popularity and acceptance; despite this, many people still aren't sure how to use them in their everyday lives. Indeed, the concept of digital currencies may seem daunting and confusing to some, but it's actually quite simple to get started. The key is understanding the basics of how they work and how they can be used.
Most people see cryptocurrencies as a store of value and digital assets that can bring huge returns; while this is true, this isn’t what cryptocurrency is all about. In fact, the first cryptocurrency, Bitcoin, was created as a global financial tender, one free of government regulations; however, due to increased value over the years, it has become an investment haven.
In this article, we will explore some practical ways to use crypto in real life and how you can spend cryptocurrency just like your regular dollar bill, with the potential to enjoy faster and cheaper transactions, increased security and privacy, and the potential for big returns. By understanding how to use crypto in these practical ways, you can enjoy the many benefits of digital currencies and make the most of your money in today's digital age.
One of the most popular ways to use crypto is for online shopping. Many retailers and e-commerce platforms now accept cryptocurrencies as a form of payment; this includes big names like Amazon, Best Buy, and Starbucks. By paying with crypto, you can enjoy faster and cheaper transactions, as well as increased security and privacy. For example, if you are looking to buy a new pair of shoes on a website that accepts crypto, you can use your digital currency wallet to make the purchase; this way, it eliminates the need to provide sensitive information such as credit card details, which can decrease the risk of identity theft.
Not just the big boys, but even smaller scale e-commerce websites also accept crypto payments, and if you’re an e-commerce business owner looking to integrate a crypto payment gateway to your website, you can try the Cwallet Payment Button, which allows you to accept payments on your website and credits it into your wallet for free.
Recharging Mobile Phones
Another practical way to use crypto is to recharge mobile phones. Many mobile service providers now accept digital currencies as a form of payment. By paying with crypto, users can enjoy faster and cheaper transactions, as well as increased security and privacy.
For instance, you can use a platform such as the Cwallet Mobile Refills Tool, which allows you to recharge your mobile phone with crypto. Cwallet allows you to top up your mobile phone with 500+ cryptocurrencies and supports nearly 400 operators in more than 40 countries; this means that you can recharge your phone from anywhere in the world with the added benefit of using crypto.
Cryptocurrency can also be used for physical shopping; this can be executed in two ways.
- Via crypto debit cards
- Via code QR payments
Some brick-and-mortar stores still don't accept crypto directly, so you may need to use crypto debit cards that allow you to spend your crypto just like you would with a traditional debit card while the charge is converted to fiat upon withdrawal; these cards can be used anywhere that accepts the card's network such as Visa or Mastercard.
However, for stores that accept cryptocurrency, all you need to do is scan the barcode and make payments like a flash. If you own a brick-and-mortar business and would love to accept crypto payments, you can utilize the Cwallet request tool. This unique tool allows you to create short invoices and accept over ten cryptocurrencies with a single QR code, offering flexible crypto payment options. Best of all? It’s absolutely free to use!
Crypto can also be used to plan your holidays; while most airlines and hotels still don't accept crypto directly, there are several platforms that allow you to use digital currencies to book travel. These platforms convert your crypto into traditional currency, so you can pay for flights and hotels just like you would with cash or credit.
For example, you can use a platform such as Travala.com, which accepts a wide range of cryptocurrencies for booking hotels, resorts, and other types of accommodation. This platform not only offers you the convenience of paying with crypto but also a wide range of options for your travel. With the use of crypto for travel, you can also enjoy the benefits of lower transaction fees, faster processing times, and the ability to avoid currency conversion fees.
In a word, using crypto in real life is POSSIBLE. More importantly, you can enjoy benefits such as faster and cheaper transactions, as well as increased security and privacy.
Several platforms exist to make this a possibility by easing the process of interacting with merchants or even becoming one yourself. Cwallet is one such platform that offers tools for both businesses and individuals to use and accept cryptocurrency for everyday transactions such as online shopping, recharging mobile phones, and physical shopping. It supports 800+ cryptocurrencies and allows for faster, cheaper, and more secure transactions, with the added potential for freebies and giveaways for registered users; sign up and download the mobile app to enjoy massive benefits.