Topic: Do you pay with crypto??? - page 5. (Read 1384 times)
People that will pay bitcoin is a the country government is in support of payment with cryptocurrency because any country that refused to honor bitcoin will be difficult to make salary payment and buying of food items with bitcoin, among cryptocurrency bitcoin is the one the name is pronounced and if we are to make payment with, it will be bitcoin because it have more power than any other coins, some people say that they can buy car with bitcoin and i have not done that before, and is here that i heard that someone buy pizza with bitcoin that means i can buy something with bitcoin for everywhere.
That's not the case in my country. We have to exchange it for fiat first. Cryptocurrencies are prohibited from being used as transactions here. That would make the image of cryptocurrency bad in the eyes of the government, we try to obey the rules with it. Cryptocurrencies here are commodity assets.
it seems that there are still many countries that do not allow the direct use of crypto to be used as a legal transaction tool. but if you want to trade or something like that then it is allowed as long as you have to exchange it to fiat first. but actually there is no problem with events like yours as long as there are no restrictions on crypto trading.it does take quite a bit of time for the government to be able to accept crypto as a recognized tool. because each additional use for each transaction clearly requires regulation so that it cannot be misused or conflicted with the use of fiat itself.
Yes, I like pay with cyprocurrencies. Payment transactions with bitcoin or other cryptocurrencies are fun, I've been shopping for clothes several times and paid with bitcoin, payment with bitcoin can be faster and cheaper than payment via bank transfer.
In the case of bank transactions, you have to go through many rules and regulations. But when it comes to trading with Bitcoin, there is no problem. Bitcoin transactions are the most popular of the next generation Will become known as the medium of transaction.
Although so far I have not been able to trade my country with Bitcoin or other coins. But when I was living in Malaysia, I was able to buy the things I needed to exchange for Bitcoin. Bitcoin can be exchanged for necessities in my neighboring country India.But my country has not yet emphasized on bitcoin.
So far I haven't used my crypto assets to buy anything, but maybe in the next few months I will try this, just to feel how I take out the assets I have in crypto to buy something 
actually I'm not too interested in making payments to this crypto but it doesn't hurt to try this once so I don't wonder what it will taste like
actually I'm not too interested in making payments to this crypto but it doesn't hurt to try this once so I don't wonder what it will taste like
Yes, I like pay with cyprocurrencies. Payment transactions with bitcoin or other cryptocurrencies are fun, I've been shopping for clothes several times and paid with bitcoin, payment with bitcoin can be faster and cheaper than payment via bank transfer.
I am interested what do you guys use for payments.
I like Litecoin paying the most (superfast and supercheap) but I am not afraid to pay with Bitcoin.
Doing this little research because I am preparing project
I will appreciate honest answers and comments
Thank you
There is no enough scope to pay through crypto in my country because still Bitcoin and other crypto are not acceptable as a legal currency. I hope within very short possible of time, we'll be able to pay through cryptocurrency. Currently it is possible to pay some smm panel and p2p transaction. I like Litecoin paying the most (superfast and supercheap) but I am not afraid to pay with Bitcoin.
Doing this little research because I am preparing project
I will appreciate honest answers and comments
Thank you
Until now I have never paid with cryptocurrencies, this is because in my country it is difficult to find outlets or online shops that accept crypto, I've seen online shops that accept bitcoin and ethereum, unfortunately when I tried to pay with ethereum it turned out to be a large transaction fee of up to around $9 and i cancel for crypto transaction.
Bitcoin is extremely precious for me to spend. You never know that if you pay for a play station console using bitcoin today, the same amount of bitcoin can buy you buy you a car in 2 next two years. So I personally wouldn't prefer paying with bitcoin for anything at all.
I would rather use USDT or BUSD or any other stablecoins. Because their value is fixed as per the market rate if the underlying asset and don't have extreme upside or downside potential.
I would rather use USDT or BUSD or any other stablecoins. Because their value is fixed as per the market rate if the underlying asset and don't have extreme upside or downside potential.
Bitcoin is really precious for me too. I used Bitcoin and also altcoin as my digital asset . Now a days I'm not prefer any digital currency to pay my bills because of
security issues.
Bitcoin is my investment option.
But we can use stable coins like tether to buy things so we don't need to bear any lose here. I know only few shops are allow to use digital currencies now but we can definitely hope it will change soon and one day bitcoin will going to become future currency.
That's not the case in my country. We have to exchange it for fiat first. Cryptocurrencies are prohibited from being used as transactions here. That would make the image of cryptocurrency bad in the eyes of the government, we try to obey the rules with it. Cryptocurrencies here are commodity assets.
it seems that there are still many countries that do not allow the direct use of crypto to be used as a legal transaction tool. but if you want to trade or something like that then it is allowed as long as you have to exchange it to fiat first. but actually there is no problem with events like yours as long as there are no restrictions on crypto trading.it does take quite a bit of time for the government to be able to accept crypto as a recognized tool. because each additional use for each transaction clearly requires regulation so that it cannot be misused or conflicted with the use of fiat itself.
I am interested what do you guys use for payments.
I like Litecoin paying the most (superfast and supercheap) but I am not afraid to pay with Bitcoin.
BNB, Litecoin and other low fee coins for transaction. If we are talking about transactions so we need accepted coins which has low fees so the buyers don't get charged too much for the fee from every transaction you make. Just imagine paying $10+ fee just to pay $5 transaction for example the steam wallet. That's quite ridiculous. I would avoid those merchants and looking for the other one. I like Litecoin paying the most (superfast and supercheap) but I am not afraid to pay with Bitcoin.
Well, I am a fiat guy so unless it is really urgent and have no fiat available (which I doubt would happen since I always have emergency fiat available) I would prefer using xrp since it is more commonly used by most of the people I know right now. But really, as long as it isn't that urgent or a matter of life and death, I would jever touch any of my crypto holdings I value them too much just to spend them at will. Of course pyrchasing nfts or other alts is a different story, but if fiat is available, why not use it?
I use to pay with bitcoin in my country because there are many bitcoin users who accepted bitcoin as payment in their stores. They make more money from their business than those who are not accepting bitcoin for payment in the market. Bitcoin transaction is very easy to become successful for you to buy what ever you want from the store. Now the price of bitcoin has increased, it will draw more sellers to start accepting bitcoin payment in their businesses to have more bitcoin users as their customers in the community.
Nope, I am for Fiat expenses and only keep my Crypto on hold or converting into Fiat , In past i tried buying online but i realized that i am devaluing my coins when the value is dropping so since then at least i will use fiat or will convert my crypto before paying,
also i have Paypal and other online wallet so there is no rush in using my crypto for payments.
also i have Paypal and other online wallet so there is no rush in using my crypto for payments.
If I want to spend something with crypto currency then the coins that are often used are usdt and busd because the coin is already classified as a stable coin so that we are more in use, but unlike other coins whose prices are always changing so that we arise regret when the price increases but the coin we have spent by buying certain items, like the history of bitcoin at that time can only get a pack of burgers with 1 bitcoin if the person concerned is still monitoring the current value of bitcoin then the biggest disappointment and regret he feels right now.
So far, I never pay something with cryptocurrency because there are no merchants that accept crypto in my country. It relates to our country's regulations. So it is impossible to do that right now.
I am feeling very lucky in this case because now I can use my bitcoin and Litecoin for many things even I am not able to use this in my country but right now having few merchants those are accepting these as payment method from me and I already start few buying's with this all its give me really pleasure because sometime back I was not able to do these things which are now possible just because of crypto. Can buy many products which are not in my area and have difficult payment methods, but crypto bring all world in my one click. Payments through Binance network BSC is also very cheap atm.
Anyways have you tried Bitcoin segwit? if mempool isn't flooded with transactions then you'll likely the confirmation at 1sat/B which is around 100 satoshis.
It's better to check "mempool.space' before making transactions at 1sat/B.
But unfortunately, not all crypto gateway payments or platforms accept BSC networks. I really hope that this will spread soon to many more platforms, Because well we know that the fees of this BSC network are lower than others. Anyways have you tried Bitcoin segwit? if mempool isn't flooded with transactions then you'll likely the confirmation at 1sat/B which is around 100 satoshis.
It's better to check "mempool.space' before making transactions at 1sat/B.
It's sad, where I am, I can only pay electricity bills, buy electricity credit, prime credit, speedy, and cash it in an application, and even then only Bitcoin, has not seen at all Altcoins' role as a means of payment for something.
Just a variety, hopefully this will be taken into consideration for the future so that we can do it better and make online transactions easier.
you are lucky a bit because you got opportunity to use crypto with some real life cases. Just a variety, hopefully this will be taken into consideration for the future so that we can do it better and make online transactions easier.
in my side i only use crypto to refill my phone by bitrefill but i think it's services not necessary to use with crypto,
i will get same service but easier with fiat.
As far as I remember, I only used btc for payment purposes but that was when btc was in the 20k level. Because today, if you try to use btc as payment, the fees are quite expensive so it is not practical. It is better to convert your crypto to fiat and then, just pay fiat. Because if there's available payment method as crypto, usually their charges are quite unreasonable. Also, as long as I can hold, I will hold. But if not, I convert my crypto to my local fiat and use it as payment, not really in direct payment of crypto.
Litecoin is what I use to do transactions. I used to use bitcoin for transactions, but with the high network fees, I switch to litecoin for payments. Most crypto payment gateways now accept it and the transactions are fast.
Payments through Binance network BSC is also very cheap atm.
Anyways have you tried Bitcoin segwit? if mempool isn't flooded with transactions then you'll likely the confirmation at 1sat/B which is around 100 satoshis.
It's better to check "mempool.space' before making transactions at 1sat/B.
Currently I still use fiat as a means of payment, because in my country there is no acceptance of payments using cryptocurrencies and the country does not recognize bitcoin as a legal medium of exchange. so i became bitcoin as asset to invest and seek profit in short term and long term.
You can use bitcoin to pay online for the things you need without having to do transactions face to face, I am pretty sure that is what the majority is doing anyway as there are not many businesses that are accepting payments for bitcoin directly at the time, so if you have not made a transaction to buy something that you want I encourage you to do it as we must remember that bitcoin is not only an investment but the best form of money available at the moment.
in this payment I prefer a payment system with stable coins, where prices are stable and transactions also run well because stable coins do not experience volatility. I think it's probably the most valid thing for now
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