Buying goods or services using crypto

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Quote from: Greenwinter on January 09, 2019, 05:11:52 AM

as we've been in a state of bear-trend for almost a year, i'm trying to find another usage of my eth and btc except hodling. do you know any real working crypto-marketplaces? probably it's not a bad option and i would find something really worthful to buy without any doubts of being scammed. kindly waiting for your feedback

you can pay me for video editing, creating landing pages or websites if you want to get rid of your btc and eth

@laboftradesadmin (telegram)

you can also check my other post , iam selling valuable domains in exchange for alts

?

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forestmarket.net might be what you are looking for, it works like eBay but take crypto as payments

MainCharacter

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Did you check out openbazaar or modultrade?

virasog

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I’ve used OpenSea for buying NFTs and Bitrefill to spend crypto on gift cards and other stuff. Both have been pretty reliable for me, but I always check reviews and do a bit of homework on sellers to avoid scams.

It sounds like you’re taking a nice approach by doing your research how i am not comfortable with both of the platforms on my personal reasons. I think both OpenSea and Bitrefill have their pros and cons and one should be cautious in the crypto space. You wll usually find higher rates at bitrefill but if you are willing to pay through bitcoin/crypto, you can use this site. On the other hand, i never interested in NFTs as they are dead investments and only you are lucky to get you purchased NFTs in trend.

Anyways regarding all the crypto sites the checking reviews and seller ratings can help you avoid potential scams. Have you had any specific expectational experiences that stood out to you while using those platforms?

batang_bitcoin

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If you are uneasy with holding thinking price will go down instead of buying ,best is to invest in potential ico or invest in altcoin which have solid community

I disagree about telling people to invest in potential ICOs. It's no longer a thing today and even if there will be some that still does it, you're just wasting your money finding one to invest with your money. And as for altcoins with solid communities, not all of them are worth to invest any buck.

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but if you want to buy there are sites such as purse which can help you to buy product through Amazon or other egiftcard service where they

This is way better of spending your crypto if you want to contribute to the ecosystem by spending your cryptos through giftcards from e-commerce websites. But it's still better if you ever find a website that offers services and allows direct acceptance of crypto and start that out from searching through having keywords first like 'crypto'.

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Quote from: MFahad on February 04, 2024, 06:45:55 AM

Quote from: Kayum10029 on January 15, 2019, 10:50:39 AM

No no I don't buy anything goods or services using cryptocurrency online virtual currency because my country don't directly permit bitcoin as trading system.

Lots of people still use Bitcoin to buy Goods and Services even if their countries don't permit to use of Bitcoin. the thing is even if govt don't allow that, it is technically impossible to stop anyone from using Bitcoin in online sources.
yes, you can't use that in real life. but there are still countless ways of spending Bitcoin online. you can even buy physical products with Bitcoin. like Mobile phones, laptops, hardware wallets, collectibles, and much more.
and no one will ask you how you paid for them. unless it's a noticeable thing.

It is true what you say, most countries prohibit or impose restrictions on the use of Bitcoin, because it creates legal problems for users. However, the fact is that many transactions use Bitcoin, even though it is against the law, they don't care about it. Please note that everyone who takes risks in their work must have thought about it at the beginning.

BARADED

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P.A.C.M.A.N.

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Maybe buying pizza with btc Grin

MFahad

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Quote from: Kayum10029 on January 15, 2019, 10:50:39 AM

No no I don't buy anything goods or services using cryptocurrency online virtual currency because my country don't directly permit bitcoin as trading system.

Lots of people still use Bitcoin to buy Goods and Services even if their countries don't permit to use of Bitcoin. the thing is even if govt don't allow that, it is technically impossible to stop anyone from using Bitcoin in online sources.
yes, you can't use that in real life. but there are still countless ways of spending Bitcoin online. you can even buy physical products with Bitcoin. like Mobile phones, laptops, hardware wallets, collectibles, and much more.
and no one will ask you how you paid for them. unless it's a noticeable thing.

dkbit98

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Quote from: m2017 on February 03, 2024, 11:32:47 AM

Correction: In no country can you legally buy goods and services except with the national (local) currency. With the exception of those few countries, like El Salvador, that are trying to give bitcoin legal status.

They are not trying, Bitcoin is already a legal tender in El Salvador. Wink

The Central African Republic also have Bitcoin as a legal tender, so you can use it as legal currency, and I saw several websites in EU, United States and Japan that openly accept Bitcoin payments.
In Turkey you can legally find small Bitcoin exchanges everywhere, you can even purchase stuff with BTC, and in Slovenia you can pay almost anything with Bitcoin and other crypto.

m2017

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Quote from: MFahad on February 02, 2024, 09:51:29 AM

Yeah it is true that in so many countries it is still legally not possible to buy real life products and services using crypto.

Correction: In no country can you legally buy goods and services except with the national (local) currency. With the exception of those few countries, like El Salvador, that are trying to give bitcoin legal status.

Quote from: MFahad on February 02, 2024, 09:51:29 AM

but I heard many people doing that under the table.

No need to do this under the table. Ordinary P2P trade directly between people. No one except the two participants in the transaction will know what was purchased and for what amount.

Quote from: MFahad on February 02, 2024, 09:51:29 AM

there are communities in such countries and small wonders who accept bitcoin for their services.
besides that you can buy online services and digital products with your bitcoin.

If only sellers (more) were ready to accept bitcoin as a means of payment, there would be no problems with the purchase.

Quote from: MFahad on February 02, 2024, 09:51:29 AM

it is funny that crypto is not legal in those countries

Bitcoin doesn't need to be "legal" for people to use it.

Bitcoin doesn't have legal status in almost all countries, but at the same time it is not prohibited almost anywhere.

Quote from: MFahad on February 02, 2024, 09:51:29 AM

but still those countries have huge number of crypto users. that proves that no one can control crypto. govt, banks. none.

This is the whole miraculous power of decentralization.

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Quote from: Fuso.hp on February 02, 2024, 12:06:03 AM

I have been associated with crypto currency for a long time and some people around me are also aware of crypto currency but I have not seen any such real crypto service in our country because cryptocurrency is not legal in my country. In other countries transactions are done through crypto currency, various products are bought and sold through crypto currency. In my country, I don't get the opportunity to buy and sell any product through this currency.

Yeah it is true that in so many countries it is still legally not possible to buy real life products and services using crypto. but I heard many people doing that under the table. there are communities in such countries and small wonders who accept bitcoin for their services.
besides that you can buy online services and digital products with your bitcoin.
it is funny that crypto is not legal in those countries but still those countries have huge number of crypto users. that proves that no one can control crypto. govt, banks. none.

Fuso.hp

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I have been associated with crypto currency for a long time and some people around me are also aware of crypto currency but I have not seen any such real crypto service in our country because cryptocurrency is not legal in my country. In other countries transactions are done through crypto currency, various products are bought and sold through crypto currency. In my country, I don't get the opportunity to buy and sell any product through this currency.

Banyduge

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In this present world, there are many things that will soon happen and part of those things are the acceptance of cr- ypto as a major means of payment. Though some govern- ments are placing a ban on crypto acivi in there countries. Asking the banks in such country to close any account related to crypto. This is a major set back, but with time I know things will get better. I see a world of free and transparent means of transacting. A world where fraud will be impossible. And I believe crypto can make that happen. It's only a matter of time, the world will know the importance of this Digital currency. Very soon it will happen. And everybody will see it.

Mate2237

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Op I clicked on the link you provided and I registered to see if their service is good and when I have finished the registration, I checked the interface and the exchange platform is not really encouraging to use. I don't know if the it is because of the first time which I don't know where to find the appropriate links. At first I was looking for my country currency so I can compare Bitcoin price to my fiat BTC/NGN but I couldn't.

The first stage of p2p then the last stage of Bitcoin government approve. Once government adopt Bitcoin then p2p will be strengthen. Now the peer to peer is not working very effectively because government is still restricting in their countries. And when government adopt Bitcoin and make it as a legal tender then Bitcoin will be the key investment of the country. And at that time we can use it to buy things of our choice.

wallet4bitcoin

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If the emphasis is on the bear market and if you happended to acquire your asset when it was the bullrun era, chances are, you are in a negative position.

From the above mentioned, I will not advice you to buy anything rather than holding for a return of the bullrun, except if you feel like using it and the narrative above isn't applicable.

Currently, we are perceived to be in a bullrun, I can say for a sure that your assets have appreciated a little. You can use it for purchase if you so wish since it has gained some profit (possibly) and if it hasn't been used already.

fairtan

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Ultimately, the future of cryptocurrencies and their widespread adoption will depend on many factors, including government policies, technological advances, and public acceptance. Today you can make money on cryptocurrency in different ways. One of the areas is crypto exchangers. Many people use the services of crypto exchangers. I chose https://exolix.com/ for myself. Crypto exchanges are the easiest and most reliable way to buy cryptocurrency.

Litzki1990

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Quote from: fairtan on October 24, 2023, 06:29:41 AM

Ultimately, the future of cryptocurrencies and their widespread adoption will depend on many factors, including government policies, technological advances, and public acceptance. Today you can make money on cryptocurrency in different ways. One of the areas is crypto exchangers. Many people use the services of crypto exchangers. I chose https://exolix.com/ for myself. Crypto exchanges are the easiest and most reliable way to buy cryptocurrency.

Maybe the OP mentioned here what things you want to buy with crypto currency or what things you have bought with crypto currency so far. Exchange is virtual here you can only buy virtual coins and sell virtual coins but you can never buy a car or a house or anything else through this exchange. Here we talk about buying and selling real things through Bitcoin or other currencies. Many people here commented that he will buy car with crypto currency and some mentioned that he will buy house with crypto currency everyone has a dream to buy house or other things with bitcoin. Hope you also have dreams of buying some real things with crypto currency.

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Quote from: Renampun on October 11, 2023, 04:59:48 PM

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Quote from: whirlcoin on January 16, 2019, 02:51:36 PM

Quote from: savioroshan on January 15, 2019, 05:08:45 PM

Quote from: sunsilk on January 09, 2019, 06:03:11 PM

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The power of buying goods and buying things for cryptocurrency will not be established still now because we are not a trustable person of cryptocurrency this will leads to the changes but in future if the government accept Bitcoin then we can definitely buy and sell goods for bitcoin.

At one time not all products could be purchased with cryptocurrency, but the popularity of Bitcoin over the past few years has led to transactions and payments being made using Bitcoin in most countries around the world. Cryptocurrency is a trusted institution that most people trust to invest in. At one time, many countries of the world did not approve of Bitcoin, but now developing countries of the world have accepted Bitcoin and made it possible to buy various products with Bitcoin. and this cryptocurrency is now so popular with people who are using it as their future asset and trying to hold it for a long time. Bitcoin will become more popular in the future and will continue to grow as the number of people in the world using Bitcoin will double in the future.

Unfortunately, the government in my country still prohibits the use of Bitcoin or other cryptocurrencies for buying/selling transactions (payments), even these rules have all been stipulated in law. but here we are still free to trade or invest in bitcoin, our government has not banned it, in the next few decades, I don't know if our government will change its mind and make bitcoin one of the legal tenders, I can't wait to use the asset I have crypto to carry out transactions whatever my needs.

Same situation in my country as yours my country government has banned Bitcoin legally. Payment transaction by bitcoin investment and all cryptos are prohibited, that's why people in my country steal bitcoin transactions. Basically we know that our country will improve if the government recognizes Bitcoin but the government sees it as a negative and therefore bans Bitcoin. Since the government has banned bitcoin in my country but we are not stopping but using bitcoin investing trading and doing transactions freely. Of course, if the government in my country thinks about the positive aspects of Bitcoin, then surely we can legalize Bitcoin transactions in the next few years. Governments in various countries around the world have recognized Bitcoin due to which people are making good profits from it by investing and countries are developing economically. But we are hopeful that the government of my country may recognize Bitcoin as legal tender in the future and then we will be able to trade Bitcoin freely.

wallet4bitcoin

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Quote from: whirlcoin on January 16, 2019, 02:51:36 PM

The power of buying goods and buying things for cryptocurrency will not be established still now because we are not a trustable person of cryptocurrency this will leads to the changes but in future if the government accept Bitcoin then we can definitely buy and sell goods for bitcoin.

I don't believe the challenge we're currently encountering is boardered on trust. It has more to do with global adoption than trust. You see, we understand how crypto works because we gave it attention when it came across our paths and we have resources to guide us through meticulously, not everyone enjoys that privilege.

The local retailer doesn't understand what and how crypto is used, that doesn't mean that she hasn't heard about it but her sufficiency of information as concerning it is still at infancy levels and she can't transact until she is confident enough through sufficient knowledge about its operations. She has to commit her financial life to something she properly understands as its business, profit and looses exists.

Topic: Buying goods or services using crypto (Read 25092 times)