Businesses You Didn't Know Were Accepting Cryptocurrencies
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Businesses You Didn’t Know Were Accepting Cryptocurrencies

by Eric
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Businesses are scrambling to find ways to make money with virtual gold, so it’s no surprise that more and more of them are accepting them as payment, either directly or through third-party services like BitPay or Coinbase.

If you can’t find what you want locally, there are some great online retailers who accept cryptocurrencies too! In fact, there are currently thousands of businesses across the world that accept cryptocurrency as payment. Here are some of the most popular ones that you would want to have a look at.

1) Best Buy

This leading electronics retailer accepts Bitcoin as a form of payment, although only for its digital gift cards. With its focus on technology, Best Buy likely wants to keep up with all forms of currency that people are interested in using, even if they’re still new to many parts of society. For instance, players can buy PC games from Steam using Bitcoin and other types of currency.

Additionally, Microsoft users can use their Bitcoin wallets for in-app purchases for some games, such as World of Tanks and Unturned. And because cryptocurrencies are widely used by small businesses that sell gaming skins or other types of physical merchandise—which is often purchased through Valve — it makes sense that Best Buy would embrace virtual coins.

2) Steam Games

Steam is a digital distribution platform that lets you purchase and download video games. While it’s known primarily for PC gaming, Steam also offers some games for Mac, Linux, and Android—and has plans to expand into smart televisions.

For gamers, Steam is a perfect fit because it enables them to buy games on one platform and play them anywhere, they please. In fact, by accepting Bitcoin payments on its platform, Valve (the company behind Steam) becomes one of only a handful of companies in both gaming and non-gaming industries to do so.

3) Subway

Subway is a sandwich shop that offers fresh bread daily and slow-roasted meats. While Subway doesn’t accept any of its own branded gift cards for payment, you can use any number of other major gift cards to pay for your meal at its restaurants. Gift card options include American Express, Visa, MasterCard, and Discover. While most major credit cards work for payment in Subway stores, personal checks are not accepted.

4) Reddit Gold

Next comes into the list is Reddit; a highly-popular social media application. The platform offers a Gold membership program that Reddit users can buy using a cryptocurrency called credits. According to their website, Redditors can purchase services and products from other users, or donate their coins to specific charities and causes.

5) Newegg

Newegg, an online electronics retailer, is a major e-commerce player that has not only accepted Bitcoin for years but was also one of PayPal’s earliest partners. The company began accepting Ethereum and Litecoin in early 2018.

Newegg isn’t necessarily known for low prices (some users have even called its markups excessive), but its selection is among the most comprehensive out there—and it offers free shipping on virtually everything it sells. Given how large Newegg’s customer base already is, cryptocurrency enthusiasts who already shop with them will probably be happy to learn they can use virtual currencies when making purchases. Read more about How to turn Bitcoin into cash?

6) Gamestop

GameStop is an electronics retail chain that sells video games, consumer electronics, video game consoles, and mobile phones. It operates 7,117 stores across 15 countries. The retailer introduced its first Bitcoin sales in February 2018 and started accepting payments in Ethereum via Shapeshift two months later. Earlier this year, GameStop announced plans to use Microsoft’s Bing search engine as a mechanism for showing users information about cryptocurrency pricing.

8) Namecheap

Namecheap started accepting cryptocurrency for its hosting services in mid-2017. There are multiple forms of cryptocurrencies such as Bitcoin, Litecoin, Ethereum, and Dash available as payment methods. Namecheap also has a partnership with GloBee that allows users to pay for domain names using their digital currency of choice. The company hopes that adding more accessible avenues for buying cryptocurrency will create an environment that is easier for beginners to buy cryptocurrency.

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Conclusion

As more and more popular companies and businesses accept cryptocurrencies, Bitcoin along with other currencies are riding their waves of popularity into financial success in no time.

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