Bitcoin is the new norm of spending in this technological era where people use this form of virtual e-money to make an investment or spend. Bitcoin in simple terms is a cryptocurrency that can be used for transactions but only completely virtual. As this is still at a developing stage, people are less aware of how to earn Bitcoin in the first place before thinking of spending it. The best way to get your cryptocurrency so far is from the forex market. Bitcoin uses a peer-to-peer system, and you need to have only a Bitcoin address to send and receive money online.
Where Can I Buy Bitcoin?
If you are a forex trader, you will have no trouble in purchasing Bitcoin. Here you can use BTC-E Company if you need to make an investment on Bitcoin. Apart from the exchanges that can be performed in the forex market, Bitcoin can also be purchased on eBay or other similar auction sites. If you are hoping to make a good investment, the ideal way is to purchase it directly from forex and sell it at a higher price to gain a profit. Yet, before making an investment, it is important for you to go through an extensive research and find out whether cryptocurrency will be able to fulfill your financial goals.
Where Can I Spend Bitcoin Online?
Bitcoin is still a new invention, and this cryptocurrency technology cannot be found in all retailers and services found online yet. However, there are some significant e-commerce sites where you can spend your Bitcoin. Some even give you access to purchase goods from websites that don’t allow Bitcoin as a form of payment.
Overstock. Com is a large online retailer pioneering in selling a range of products. You can spend your Bitcoin here as an investment to purchase many good products like laptops and television sets.
You can even begin to travel abroad using your cryptocurrency now. Expedia which is one of the premier travel agencies operating online is accepting Bitcoin as a form of payment now. Even though payments are only accepted for hotel booking at the moment, it will definitely expand into other services in future. This will prove that your investment on Bitcoin is not a bad choice after all.
If you are worried that you can’t spend your cryptocurrency on places you love, here is the perfect solution. You can purchase gift cards for your favorite online stores from eGifter using Bitcoin now. eGift is a popular gift card site that lets you purchase gift cards for all sorts of online stores and therefore consider spending on this site as an investment.
Bitcoin will almost seem as a useless investment if you can spend it on food items you love! So, Foodler gives its customers an amazing choice and is proud to be one of the earliest Bitcoin adopters. You are able to pay for food from 20,000+ restaurants partnered with Foodler even though these places don’t accept cryptocurrency themselves.
So, if you have made a choice of investing on Bitcoin in forex or any other auction sites, you will definitely be seeking for places to enjoy spending it. These are some of the few places that proudly accept cryptocurrency and have stepped into the usage of virtual money. So, if you are looking forward to enjoy the investment you made on Bitcoin, look out for these amazing online sites!