7 Major Companies That Accept Cryptocurrency


You may be familiar with Shopify, a world-renowned e-commerce platform that allows merchants to set up their own online shops and sell goods in a similar way to Amazon, eBay, and other online giants. In , all Shopify merchants received the option to accept Bitcoin payments with the help of a .

Bitcoins are taking over the crypto-currency marketplace.

2. Expedia

Bitcoin is a virtual currency that blossomed in public consciousness after its price-per-coin rose above $13, in early The cryptocurrency (one of many) forced a complex intersection of privacy policy, banking regulation, and technological innovation.

Not saying that buying pizza with Bitcoin will result in a similar mistake, but nowadays, you can get your pizza by spending close to 50 cryptocurrencies Bitcoin included at PizzaForCoins. The service acts as a sort of intermediary as it first locates a pizza venture close to your location, and then allows you to order it and pay for it digitally. Do keep in mind that a small fee for the service is included in the final payment amount.

From Reeds Jewelers, you can buy anything from jewelry to premium watches and loose diamonds. To purchase cards from Gyft, you need to have a Coinbase account. More Stamps Global allows you to choose from flights, car rentals, hotel bookings, and all sorts of other traveling packages. The online store is renowned for its creative designs, which can be bought using more than 30 different types of online cryptocurrencies.

As expected, this is just a small number of individual online stores and retailers that accept Bitcoin as a form of payment. However, the ones mentioned in our list are well-established stores with good popularity and good community backing, which means that they are very safe options. In fact, they accept over 50 different kinds of cryptocurrency. They started taking it in early Of course, they are not available for everyone because not every city or town has a pizza restaurant connected to them.

The companies listed above are not only accepting digital currencies as payment, they are doing it successfully. Wild swings in cryptocurrency values make it more difficult for smaller retailers and merchants to absorb losses. Furthermore, there is a possibility that the government may decide to start regulating it in the future. All of these reasons could make the acceptance of cryptocurrency seem riskier.

Obviously there are other companies that accept cryptocurrency and are not included on this list. It would be an impossible task to include them all. However, the listed companies that accept cryptocurrency are a few of the major ones most people have heard about. This article was originally published on Due.

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You have selected to change your default setting for the Quote Search. This will now be your default target page; unless you change your configuration again, or you delete your cookies. Are you sure you want to change your settings? Smartphones and tablets make a cold, online transfer of money a more personal one. Many retail stores carry gift cards that can be bought with paper money. You plug a code into an online wallet, and the funds will be transferred to you. Though not all companies have made the switch, most have taken notice of the quick trend.

The New York Times, a newspaper company, is currently looking for third party affiliates to help host the bitcoin currency. This is just a small example, there is no doubt many more companies are making the switch. Even newly legal pot shops in Washington are beginning to back the bitcoin as a viable currency.

Some companies have lingering doubt, due to the infancy of the market. Only introduced 5 years ago, Bitcoin is still growing.