Topic: Shopping Products using Alt Coins? Do you have an experience? (Read 366 times)
I've bought and sold some video game items on various internet forums, sellers really like to deal with crypto since they don't have the issue of having people chargeback with paypal payments.
Some products and stores have used Bitcoin / altcoin as their payment method, but to be honest I personally haven't experienced this.
I personally have never had the experience of buying items using altkoin because it is currently very difficult to find traders who use altkoin services, but I am sure that someday in many countries it will instill a trading system using the blockchain system slowly.
may be in future but the crypto's problem is higher fee and speed. 
I think today it will not be claimed. The exchange rate is constantly changing and very significantly. Today you can buy products for $ 100, and tomorrow these same coins will rise in price by 100% (for example)
This think will make cryptocurrencies are not feasible to be use as payment system. I just thought that regulation who made for cryptocurrencies to be use as payment system will make its price goes up drastically but I don't understand when regulation is allowing to do that but the user of cryptocurrency just use it as an asset only which can make them got wealth from it. It will be good if we use cryptocurrencies as payment system or we use it as an asset simultaneously, at least it will make newcomers not hesitate to use that. 
Is there anyone who has tried purchasing Products using Alt coins? So what do you think if crypto is fully available to shop products from websites and retail stores? Do you think the existing e-commerce platforms will be interested in adapting the crypto as a payment method?
There is a coin in our country that is growing till now. The loyal coin or lyl. I bought 130K of it last year because it has been available in purchasing goods and products in some mall in Manila. However, I am currently in the province and I think I can't use it. For the mean time, I sold my lyl coins. I wish I could experience also to buy products using my altcoin or bitcoin.
I think today it will not be claimed. The exchange rate is constantly changing and very significantly. Today you can buy products for $ 100, and tomorrow these same coins will rise in price by 100% (for example)
Is there anyone who has tried purchasing Products using Alt coins? So what do you think if crypto is fully available to shop products from websites and retail stores? Do you think the existing e-commerce platforms will be interested in adapting the crypto as a payment method?
Not at the moment and I guess there only few sites that offers altcoin to be a purchasing currency or maybe there’s nothing available yet?But this will be a good move for some crypto enthusiasts to open such offerings because we all know that in future altcoins will be the next big thing specially when all the bitcoin has been mined and will Ben harder to owned
Though I don’t really sure about this but I’m looking forward to have one,since I only use bitcoin now to pay for bills and some online stuff with limited access
At this moment, a huge number of sites or the store will take your crypto money for payment. Now, this method of payment is not surprising - my bank accepts some cryptocurrency. I think the process is not moving as fast as it would like - but it goes. In the future, companies without the possibility of paying cryptocurrency will be left behind competitors.
Frankly, I didn't have coz the fee is too expensive. Otherwise, I'd love to buy something with xrp.
Is there anyone who has tried purchasing Products using Alt coins? So what do you think if crypto is fully available to shop products from websites and retail stores? Do you think the existing e-commerce platforms will be interested in adapting the crypto as a payment method?
For existing e-commerce platform?Adopting crypto would be still on neutral phase because they do know about cryptos volatility and possible fee rates.This is why we haven't seen any big e-commerce sites do adopt but its possible if a seller do directly offer such payment option.
Shopping will not be possible with the altcoins I believe.
Since I know there are many online buying sites to make the products with the bitcoins and altcoins. The best one I know is in e-commerce purchase is purse.io
In this site you can access the amazon.com and make the purchase with bitcoins easily. Even you can get the some percentage offers.
Since I know there are many online buying sites to make the products with the bitcoins and altcoins. The best one I know is in e-commerce purchase is purse.io
In this site you can access the amazon.com and make the purchase with bitcoins easily. Even you can get the some percentage offers.
More and more altcoins are finding there way to stores and websites since it getting easier to implant it.
That wasn't true when you wrote your post here, and it's not true now. It'll probably never be true. I tried finding places to spend Dash last year, and I could count the number of merchants accepting it without using up all of my fingers. And Dash is one of the more mainstream coins, is it not? It's also very useful as a currency since the transaction times are lightning-fast and fees are extremely low. But does it get used as a currency? Nope.
I have seen some retailers taking litecoin and ETH, but there aren't many and all of the ones I've seen mainly accept bitcoin. I don't think there's a business in existence that only accepts altcoins. It would be fantastic to see such a thing, but I doubt it's going to happen in my lifetime. It's such a shame that the main use of altcoins is trading. If that's all they're ever going to be used for, I can't imagine most of them surviving all that long. People will lose interest, especially as more and more get created.
There are probably people who accept altcoins as payments whenever they sell something online. But I haven't heard any big companies that accept altcoins as payment because bitcoin and cryptocurrency are still being introduced to most of them and is not popular.
Im not have that experience. Personally in my country still difficult to use altcoin as payment. But im also never use altcoin to pay my shopping in digital market in another country. I want to try it later.
http://allforcrypto.org/ is your best bet for spending crypto. We currently doing a update and relunch but the website will look better then ebay amazon when finished
Shopping with altcoin on ecommerce still very risky, if they providing you escrow service, then you can do safe purchase.
Many hosting and tech product company allow altcoin, those are safe. But before purchase you must check review.
Many hosting and tech product company allow altcoin, those are safe. But before purchase you must check review.
I think here we need to think about the legislation of the countries. This is a very complex process. I mean paying taxes. Of course, the underground shops are already accepting cryptocurrency. But I think that a regular store will not be able to switch to a payment system using cryptocurrency soon.
I bought lot of item, on Internet using crypto. Most site using coinpayment and bitpay as payment method. I safely purchase all time and get no issue in product.
Honestly, I have never done that because it is still very difficult to find a shopping place that accepts bitcoin or altcoin in my country, but hopefully it will be available soon.
Jump to: