Bitcoin has finally risen up out of the long crypto winter. We’re now seeing things like Fidelity Investments announcing their new bitcoin trading services for institutional clients. Over 30 million bitcoin wallets exist today and the value of one BTC at this writing is $5861. While some people like to HODL or otherwise use this crypto as an investment, others are wondering how to use their bitcoin for everyday things, like buying a coffee or shopping online.
As each year goes by and bitcoin gets a little older, more people are using and accepting it for goods and services. But the lists of bitcoin-friendly entities that are available online are often vastly outdated. Most of them list sites that no longer accept BTC, making it frustrating and time-consuming to find real places where you can spend it.
So for the avid bitcoin believer (and spender), we’ve curated and double checked 39 ways to use bitcoin in 2019.
39 Ways to Use Bitcoin Today
1 – Go out to eat
If you want to find a restaurant that takes cryptocurrency, you have several options. Ask around locally, or check an online site such as the following:
- United States: Search SpendBitcoins.com to find the right cuisine for you.
- France: Order out for sushi.
2 – Hire a freelancer
Do you need some consulting work done on your smart contract? Maybe you need a web developer or are looking to add to your marketing team. Check out Working for Bitcoins to find a freelancer that will work for bitcoin.
3 – Find a job
If you’re ready to look at some jobs that pay in BTC, set up a profile at CryptoGrind. It’s a great way to get your hands on some bitcoin.
4 – Buy a domain
Now you have two choices for domain purchases using bitcoin:
- Buy a standard DNS domain using NameCheap.
- Buy a .zil Unstoppable Domain that provides a censorship-resistant domain on the Zilliqa blockchain.
5 – Trade it to stake another coin
6 – HODL on tight
If you’ve been holding on for dear life throughout the crypto winter, your BTC might be burning a hole in your wallet. But maybe it’s best to HODL a little more, given the wild bitcoin price predictions we’ve seen of late.
7 – Buy some other coins
Bitcoin has certainly shown it is worthy of attention in the world of trade. But how about some of other up and coming altcoins like HEDG? Getting in early on coins that have a bright future is a great way to invest in crypto. But it’s up to you to research each project thoroughly before buying in.
8 – Participate in an airdrop
With airdrops, you can do some research into the projects you like. Then if you find one that clicks with you, go ahead and get a little free coin by participating in their airdrop. It also helps up and coming crypto startups to grow their community and the buzz around their project. To find projects that are planning airdrops you can browse around at AirDrops.io.
9 – Try an ICO
Yes, ICOs still exist! And now you can participate in one of these Initial Coin Offerings through an exchange, in the newly fangled Initial Exchange Offerings. Be sure to research the project well before participating and take care to follow closely the team’s instructions during the ICO. When you send your bitcoin to invest in the ICO, make sure you know exactly what URL you need to be sending it to.
10 – Mine it
Yet another way to earn some coin, bitcoin mining may not be for everybody. But if you have a good Internet provider, ample low-cost electricity and some tech know-how, this may be a great way to build up your BTC balances.
11 – Run a node
Tired of waiting for your BTC transactions to be confirmed? Are you wanting to have more control of your currency? Running a bitcoin node might be right for you.
12 – Lend some to earn
Bitbond.com offers bitcoin lending services. In their words, it helps to “diversify your portfolio globally and help businesses grow all around the world.” Check out other bitcoin lending platforms in our article about Bitcoin Lending Resources.
13 – Borrow some bitcoin
Need a loan? You could try borrowing bitcoin. We’ve got a guide for that which breaks down all the best bitcoin lending platforms.
14 – Invest with bitcoin futures
Bitcoin futures may help to maximize returns by leveraging profits with complex trading strategies. While speculative in nature, futures trading has long been an integral part of the investment ecosystem. For those experienced futures traders, you can check out the Digitex Exchange, or Kraken’s Futures Platform, details of which are below:
If you’re new to futures, we’ve created a guide called, “What is a Futures Contract?” just for you!
15 – Earn from a trade prediction and convert to bitcoin
Trading prediction platforms like HedgeTrade allow experienced traders to use BTC to buy their token. Then users can publish trading predictions for lesser experienced traders to purchase. When a prediction is correct, the trader earns more tokens, which can later be traded on exchanges or converted to more bitcoin.
16 – Try copy trading
New to the crypto market but still eager to start trading? Follow the pros on HedgeTrade’s upcoming crypto predictions platform. Use BTC to buy HEDG tokens so you can purchase the Blueprints of your favorite expert traders. Then you can share in their success. Learn all about it in our How it Works tutorial.
17 – Donate to charity
Why not make your charitable giving a crypto donation? Organizations that accept BTC include:
- The Water Project (clean, safe water)
- Tuna Panda (youth empowerment)
- The Tor Project (Internet safety and privacy)
- The American Red Cross (crisis relief and support)
18 – Place a bet
If gambling is your thing, you can now try your luck with one of the many crypto gambling games available on sites like Stake.com. At your own risk!
19 – Buy bitcoin through an ATM
Bitcoin ATMs are cropping up all over the world. You might find one at the local mall or just down the street. All you need is the QR code from your wallet and you’re in business. Exchange rates vary.
20 – Store it on a hard wallet
Try using a Ledger Nano S to safely keep your bitcoin locked into cold storage and away from hackers. Naturally, you can pay for Ledger products with BTC.
21 – Find a new friend
Meet someone new on Badoo’s “Social Discovery Network”, which accepts bitcoin as payment. Over 25 languages are supported on this global connections site.
22 – Make a hotel reservation
Taking a trip? Maybe you’re already are familiar with Expedia.com, the big online travel agency. They used to accept bitcoin, but no more. Fortunately, we now have BitcoinTravel, a site endorsed by CoinDesk and Forbes.
23 – Buy a video game
Find your new favorite video game at Zynga and pay for it with bitcoin! They’ve offered that option since 2014.
24 – Accept bitcoin at your Etsy or Shopify store
Etsy does not have an automated BTC payment system in place. But it’s still possible to set up your Etsy store to accept BTC. On the other hand, Shopify now offers the bitcoin payment option for merchants using their platform. (Even eBay was advertising virtual currencies at Consensus 2019 but nothing has yet been confirmed.)
25 – Buy some gold
At Amagi Metals, you can purchase all sorts of precious metals, including gold. And when making your buy, be sure to use your very own digital gold – bitcoin!
26 – Upgrade your computer
Not surprisingly, some of the first companies to accept bitcoin were big tech sites like Microsoft. They now allow you to add bitcoin to your Microsoft account to buy movies, games, and apps in the XBox and Windows stores.
Electronic retail platform Newegg now accepts bitcoin as well. Overstock, another bitcoin enabling commerce site, offers a variety of computer desks to round out your purchase.
27 – Order a bottle of wine (and a bunch of other things!)
Spendabit’s bit-commerce site gives you plenty of options for online shopping using bitcoin, most notably a selection of wines.
28 – Rent a car
US based EZ Rent A Car gives you the option to pay in bitcoin for your rental.
29 – Buy a gift card for someone
Want to make it easy for that crypto skeptic in your life? Buy them a gift card using bitcoin at Gyft.com!
30 – Accept payments
Do you have your own business and want to accept bitcoin as payment? You know your customers will want it! Coinbase Commerce makes it very easy to do so, though watch out for costs and delays in transference.
31 – Go shopping
Ready for some shopping? Zoom in on your country on CoinMap to find establishments accepting bitcoin in your area.
32 – Pay it forward
Have you ever been on the receiving end of a pay it forward? It’s happened to me twice, once through Dunkin Donuts drive up, and another time at an animal shelter. In both instances, the person before me paid for the next person, making it free for me. It makes you want to pay it forward as well for the next guy. Announce on Twitter that you’re paying it forward in BTC and watch the wallet addresses drop into the comments. We can’t guarantee the next person will do the same, but it still feels good to give.
33 – Buy mining equipment
If you’re serious about bitcoin mining, you’ll need more ASICs and other parts and supplies to keep your ship running tight. Order them on Newegg.com and pay for them in BTC.
34 – Shop on Amazon
Until Amazon comes out with their own coin, we have Purse.io to help us shop with BTC on the massive online commerce platform.
35 – Buy a gift for that special pooch
Try a little shopping at CryptoPet to pick out a bed, a collar or even a little tasty treat for your beloved pet.
36 – Get a VPN
Many bitcoiners like to have a Virtual Private Network (VPN). Paying for one with bitcoin is right up their alley.
37 – Pay a bill
If you like automatic bill payments and you’re a crypto hound, you might want to try setting up automatic payments using BTC. There are a few entities that we know of that are offering this service, including:
Additionally, US residents are now able to pay their AT&T phone bill in BTC via BitPay.
38 – Stay in a trendy hostel
Quite possibly one of the trendiest ways to use your crypto, Tribe Theory Hostel offers accommodations designed specifically for startup entrepreneurs. Find them in Singapore, Bali, Yangon, Hong Kong, and Bangalore.
39 – Open a bitcoin savings account
There are now companies that offer interest-bearing accounts for bitcoin. Blockfi is one that is now advertising a 6.2% APY on their bitcoin savings accounts. Keep in mind that someone else holding your BTC many not be as safe as when you hold your own private keys in cold storage. Also, rates and terms are subject to change.
Now that you know how to use bitcoin in 39 different ways, which one will you try first?
Also published on Medium.