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How Can You Spend Your Bitcoin?

Posted on April 17th, 2018 by EM Search Consulting

Buying Bitcoin in Los Angeles is easy thanks to our RockItCoin ATMs. But now that you’ve bought it, what can you do with it? It can be confusing what you can and cannot buy. Did you know that over 100,000 merchants worldwide accept Bitcoin as a feasible currency? This blog post is a good starting point and can act as inspiration when it comes to spending your Bitcoin.

Online Purchases

The easiest way to spend your Bitcoin online is by giving it to a charity. This will likely make you feel the best, too! There are tons of great causes to which you can donate your Bitcoin. Depending on the company, you can also buy common household items, e-gift cards and video games.

Offline Purchases

An increasing amount of food and drink establishments are accepting Bitcoin as a valid form of payment. Fun fact, there’s actually a coffee shop in Prague that only accepts Bitcoin! Certain travel companies accept Bitcoin as well. You can pay for hotels, cruises and flights with Bitcoin instead of traditional cash. Car dealerships are just beginning to get involved in the world of Bitcoin.

With time, more and more companies and organizations will accept Bitcoin as a feasible form of payment. Until it is universally used and accept it, spend it where you can and be patient! If you don’t have any cryptocurrencies yet and you want to buy Bitcoin in Los Angeles, utilize our RockItCoin ATMs for fast, safe transactions every time.