Pages:
Author

Topic: Do you spend crypto? If yes, for what? - page 11. (Read 1480 times)

sr. member
Activity: 987
Merit: 289
Blue0x.com
March 23, 2022, 07:48:47 AM
#43
     Yes, I have and still am specially nowadays when there are a wide variety of ways to spend your crypto easily! One is the binance card You mentioned, the binance pay, and app some apps that accepts crypto in paying for bills and other services that an average person may need or want. While I think it is a bit of a waste, it is actually a good contribution to this industry. And yes, I sometimes am left with no choice when sudden emergencies come one after another. Because sometimes, medical problems costs a lot specially here in my country and insurance alone plus your emergency funds won't be able to cover it.
sr. member
Activity: 1582
Merit: 279
PredX - AI-Powered Prediction Market
March 23, 2022, 07:30:48 AM
#42
For now I have never used crypto to buy something I need because there are still other safer ways for me to use at this time, but in the future of course I will try because very many crypto holders already use this service in buying their needs, and I want to try to buy game equipment that I currently play using crypto if later it is safe then this will be a mainstay future.
hero member
Activity: 1414
Merit: 542
March 23, 2022, 05:37:23 AM
#41
for now, I don't use crypto very often as a transaction tool. i just converted it to fiat, and bought most of the things i needed. So far, I may only buy hosting and domain using crypto, some things also like other digital equipment or services I do with crypto because it's easier. The one I use the most is USDT, because I feel that it is a versatile coin, and is widely accepted on the sites I use. for physical goods, I've never done it because it's still illegal to make payment transactions in my country.

Same here, I haven't used it directly online, I may have to convert it to fiat first, then before we can spend it. But if there is a chance that I can used it then why not? specially for physical goods.

And with the pandemic still around, I'm thinking that there could be more stores online that will accept it, maybe I haven't find the right store that I can used by crypto, but as I have said, I will definitely go with it if there is a chance.
hero member
Activity: 2338
Merit: 737
March 23, 2022, 05:29:42 AM
#40
I haven't yet purchased any goods or services with cryptocurrencies. When usage increases in this direction, cryptocurrencies will be much more valuable. In my country Turkey, 99% of cryptocurrencies are bought for investment purposes  Smiley
It's almost the same with my country where cryptocurrencies are also bought for investment and daily trading purposes in order to get profits with a certain target at any time even though it's not legal to buy goods or services through cryptocurrency, but if it's only for investment at your own risk, then it doesn't matter.
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
March 23, 2022, 03:22:40 AM
#39
for now, I don't use crypto very often as a transaction tool. i just converted it to fiat, and bought most of the things i needed. So far, I may only buy hosting and domain using crypto, some things also like other digital equipment or services I do with crypto because it's easier. The one I use the most is USDT, because I feel that it is a versatile coin, and is widely accepted on the sites I use. for physical goods, I've never done it because it's still illegal to make payment transactions in my country.
jr. member
Activity: 560
Merit: 1
March 23, 2022, 02:31:24 AM
#38
Here's a question to the audience. Do you actually buy stuff with crypto, like services or goods? If yes, what kind?

I've recently got a Binance card to play around with and use it to pay for everyday expenses. Works pretty well.
yes I have, but what I buy with crypto are things related to games that are also developed by game developers who accept crypto as payment. I often convert to FIAT before buying something
full member
Activity: 1302
Merit: 115
Pepemo.vip
March 23, 2022, 01:29:29 AM
#37
I haven't yet purchased any goods or services with cryptocurrencies. When usage increases in this direction, cryptocurrencies will be much more valuable. In my country Turkey, 99% of cryptocurrencies are bought for investment purposes  Smiley
hero member
Activity: 2156
Merit: 803
Top Crypto Casino
March 23, 2022, 12:25:16 AM
#36
I haven't got an opportunity to spend crypto for a product yet. Maybe in the future it will be possible to do it in my country. Cryptocurrency regulation in India might happen this year and after that many new projects would pop up offering service and product for cryptocurrency. At the moment I have to use fiat to buy anything in my country. I know that there are a few services that I can purchase from global vendors but at the moment I do not require those.
member
Activity: 845
Merit: 52
March 22, 2022, 11:47:32 PM
#35
I usually use my coins for international settlement or remittance. My bank restricts how much dollars you can spend on your card per month, and it's a useless cap, the only way I get to send cash over to a relative abroad is via Crypto, while they covert it to fiat there, I basically don't have fiat in my bank account anymore. As a former bank worker, my former colleagues think am jobless since no cash in my bank account.
legendary
Activity: 1414
Merit: 1002
= jasad =
March 22, 2022, 10:27:15 PM
#34
Same here in my country. I can never use crypto directly, i still have to convert it into fiat. But maybe if Binance card and the likes are already available in our country, then its still not usable because most of the merchants here are still not accepting crypto as a payment. Though it can be used online, but physical stores are still accepting fiat only. However, no worries for me, crypto will be more valuable having it as an investment only.
My country still not allowed for using bitcoin as currency payment just stuck with investment or trading assets only so far, but still have good respond with allowed using bitcoin or cryptocurrency as legal for trading or investing. Except cryptocurrency still not allowed as currency payment I think not have to care because bitcoin and altcoin as investment assets and trading way for me how to earn profit in daily day or long term day. Have bad thing if allowed or become legal payment currency with tax paying on each transaction making.
sr. member
Activity: 2324
Merit: 263
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
March 22, 2022, 10:15:29 PM
#33
For most of the crypto that I use I will of course make fiat first. but for transactions using crypto, I bought several wallets for me and my friends.
there are not so many crypto transactions that I use to buy stuff. even more, I spend on gambling platforms.
What gambling platform do you use very often at the moment ? because using crypto by making it into fiat is something that is very commonly done by some people who have been in crypto for a long time even though they are not always active in gambling platforms or the like.
sr. member
Activity: 1372
Merit: 250
Seabet.io | Crypto-Casino
March 22, 2022, 09:53:32 PM
#32
For most of the crypto that I use I will of course make fiat first. but for transactions using crypto, I bought several wallets for me and my friends.
there are not so many crypto transactions that I use to buy stuff. even more, I spend on gambling platforms.
hero member
Activity: 2268
Merit: 588
You own the pen
March 22, 2022, 09:44:09 PM
#31
Here's a question to the audience. Do you actually buy stuff with crypto, like services or goods? If yes, what kind?

I've recently got a Binance card to play around with and use it to pay for everyday expenses. Works pretty well.

I spend them well when buying online because there is this local store like Amazon in our country accepting cryptocurrency payment and to support it, I always choose crypto payment when I want to buy something from that online store. I also use it to buy some items in the online games I'm playing back then but most of the time I use it to buy at the store I said earlier. I haven't tried is to pay someone with cryptocurrencies for their services.
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
March 22, 2022, 06:47:35 PM
#30
Here's a question to the audience. Do you actually buy stuff with crypto, like services or goods? If yes, what kind?

I've recently got a Binance card to play around with and use it to pay for everyday expenses. Works pretty well.
I haven't yet, I usually exchanged my crypto to fiat via P2P thereafter pay for any goods and services, however I am trying to utilize this opportunity of payment using crypto although in my country payment for goods and services via crypto is not allowed yet due to government non recognition of cryptocurrencies, I will test this option of buying of foreign goods using Binance card after requesting for the card, I hope someday the government of my home country will allow and adopt cryptos for payment of goods and services.
hero member
Activity: 2660
Merit: 551
March 22, 2022, 05:47:21 PM
#29
If my memory serves me right, I used my bitcoin to purchase a laptop in 2018, and then some gadgets for my kids as well, but this is p2p, from a person that I know of. But still, I consider it as an accomplished already to try and used it to buy stuff for me and my family. Of course, I didn't regret any of that, although others will argue that it's better to hold bitcoin because the price is going to moonshot in years and it did happen. But I treat it like currency so that is fine with me.
hero member
Activity: 2870
Merit: 594
March 22, 2022, 05:44:20 PM
#28
Here's a question to the audience. Do you actually buy stuff with crypto, like services or goods? If yes, what kind?

I've recently got a Binance card to play around with and use it to pay for everyday expenses. Works pretty well.
I haven't purchase any stuff with my crypto, but I have been using it for years to pay my some of my bills like:

(a) internet connection
(b) credit card
(c) electric consumption

So that's a lot of thing for me, just glad that we have services in our local crypto exchanges that support this and many more like phone load and other stuff. But I will glad to spend my crypto if there is some local merchants that will accept it.
full member
Activity: 1582
Merit: 132
BK8 - Most Trusted Gambling Platform
March 22, 2022, 05:11:02 PM
#27
Here's a question to the audience. Do you actually buy stuff with crypto, like services or goods?
I feel I ever read a thread that has a similar question like this, previously.  Undecided

FYI, it isn't allowed to use crypto for payment purposes in my country. So, I never used crypto coins to pay for both services or goods. I only use crypto coins for digital assets, it is legal in my country. Very sad that the use of crypto is limited for investment only, but at least we still have an opportunity to use crypto coins. Certainly, I will use crypto coins for services or goods when it is legal for payment tools someday.
full member
Activity: 2086
Merit: 193
March 22, 2022, 04:58:12 PM
#26
I tried to buy something before using my cryptocurrency but right now I decided now to buy anything because of the rising value of cryptocurrency, so its more of an investment now than a currency. We know that cryptocurrency has been a store of value to many and very few who really use cryptocurrency to buy things. I just can’t see my total cost of buying a simple bag after 1 month because for sure, the value will increase more same thing with the cost.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
March 22, 2022, 04:54:19 PM
#25
Here's a question to the audience. Do you actually buy stuff with crypto, like services or goods? If yes, what kind?
I've spend it for online shopping. As long as there's a third party service that can convert crypto for those purchases, I'd do that. It's not my entire holdings that I'll spend for it.
But only a couple of funds that I may seem think that's going to be enough to purchase for those items that I'd like to have. Been doing that for years and enjoying it a lot.
hero member
Activity: 2814
Merit: 576
March 22, 2022, 04:46:30 PM
#24
Here's a question to the audience. Do you actually buy stuff with crypto, like services or goods? If yes, what kind?

I've recently got a Binance card to play around with and use it to pay for everyday expenses. Works pretty well.
If only Binance card is applicable in our country maybe I spend some of my crypto for payment using that. But since its not, my tendency is to convert to fiat first from stablecoins then withdraw it to my bank and paid for goods or services. Actually its same but some country enjoy the perks of some good crypto card like crypto.com and binance card.
Same here in my country. I can never use crypto directly, i still have to convert it into fiat. But maybe if Binance card and the likes are already available in our country, then its still not usable because most of the merchants here are still not accepting crypto as a payment. Though it can be used online, but physical stores are still accepting fiat only. However, no worries for me, crypto will be more valuable having it as an investment only.
Pages:
Jump to: