Bitcoin is a virtual currency that everyone is interested in as every person who has knowledge about bitcoins wants to use them. If you want to trade bitcoins online, https://bitcoin-revolutionapp.com/ is an excellent platform for you. But unfortunately, most users don’t have enough knowledge about it as they are not aware of the ways in which bitcoins can be spent. You can read below to learn about some of the fantastic ways to spend your bitcoins.
Send Gifts
If you have some spare bitcoins in your bitcoin wallet and you are confused about where you can spend them, gifting them to others is one of the best options. You can either directly send bitcoins to any of your friends or relatives, but for that, you need to ensure that the recipient has a bitcoin wallet, as, without it, you won’t be able to send bitcoins to him. If he doesn’t have a digital bitcoin wallet, you can convert the bitcoins into gift cards and send them to him. Gift cards allow any users to make online purchases from a particular e-commerce website. All you need to do is choose any online shopping website and purchase a gift card for it using bitcoins.
You can take the help of some services to convert bitcoins into cards easily. Every gift card has a unique code on it that is used to make online purchases. So, you can simply share that code with whoever you want to give that gift card. It is a fantastic way to surprise your loved ones and use bitcoins to send them incredible gifts.
Food and travel
Food and travel are something that almost every person needs on a regular basis. Everyone spends a considerable portion of their income on food and travel. So, if you want to make the best use of bitcoins and spend them for the right purpose, travel and food are two of them. Several restaurants and hotels have started accepting bitcoin payments which allow you to buy your favorite food or drink with bitcoins. There is nothing new in it, as the first purchase made with bitcoins was of two pizzas. So, you can easily find a coffee shop or restaurant near you, where you can chill, eat food, and make the payment with bitcoins.
Along with that, you can also travel with bitcoins as it allows you to book flight tickets, hotels, ship tours, etc. if you are fond of traveling all over the world, you must use bitcoin as it will help you to have a perfect trip at minimum cost. You can use bitcoins for making purchases in any country as it is accepted everywhere. Moreover, with bitcoins, you can make easy international transactions without any major formalities or paying any extra charges.
What are the Different Ways to Pay with Bitcoins?
Now, you have learned where to spend bitcoins, but you also need to know how to spend them. There are different ways to make bitcoins payments, and you need to have knowledge about each one of them. There are mainly three ways to make a bitcoin payment; via bitcoin address, via QR code, and via wallet.
Via QR Code
It is one of the quickest and simplest ways to pay with bitcoins, as all you need to do is scan the QR code from your wallet, and the amount will be directly deducted. It is the perfect method if you have a mobile app for your bitcoin wallet as it will remove the need for filling the bitcoin address. You can simply scan the code, and payment will be made in a flash of seconds.
Via Bitcoin Address
The most common and traditional way to spend bitcoins is by paying to a bitcoin address. Every bitcoin wallet has an address which is termed a bitcoin address. So, if you make a bitcoin transaction using this method, you can simply insert the recipient’s bitcoin address and make the payment. But you must double-check the bitcoin address as if there is any mistake; the funds may get transferred to the wrong person.