Due to multiple megacorporations adopting blockchain technology, the use of cryptocurrencies has significantly expanded over the previous several years. The initial digital currency, Bitcoin, is still the most valued and well-liked, but later-developed cryptocurrencies like Ethereum and Tether have completely altered the digital economy.
Numerous online platforms, brick-and-mortar shops, well-known websites, and e-commerce sites have increased their support for crypto payment services. This has had a significant impact on the consumer sector, which has accelerated due to the speed of cryptocurrency transactions.
Today’s crypto wallets are capable of far more than just storing your digital assets; some even enable you to store NFTs, browse Web3, use DApps, and perform other functions. When you need to use cryptocurrencies to make purchases, these wallets operate without a hitch. At cryptocurrencyhelp.com, you can find out more about cryptocurrencies and everything linked to them.
Here are the top 10 cryptocurrency-accepting internet merchants.
The businesses listed below include retailers of gift cards, online service providers, and e-commerce stores.
Microsoft has a market valuation of $2.743 trillion, making it the second-largest firm in the world. Due to the company’s early acceptance of cryptocurrency and its status as a tech giant of this size, the public’s confidence in blockchain technology has grown. Users can use Bitcoin to buy anything from the Microsoft Store, including games, movies, and software.
An online store with a focus on consumer electronics and computer hardware is called Newegg Commerce, Inc. Since 2001, Newegg has been providing global product shipping, solidifying its position as a top online retailer and the one-stop shop for all of a gamer’s needs. When using BitPay to make a purchase, the shop takes the majority of the major cryptocurrencies, including Shiba Inu Token, Ethereum, Litecoin, Dogecoin, and more.
Shopify is an online retailer that gives businesses and shops a platform to sell both online and off. It provides a wide range of services to retailers, such as marketing, inventory control, consumer engagement tools, and more. By establishing a mechanism for its shops to accept Bitcoin payments for themselves, the Shopify platform leverages cryptocurrency.
4. Richard Lauren
There is no need to introduce the Ralph Lauren name because it is unquestionably the most well-known fashion brand worldwide. In Miami’s Design District, the company just established its first-ever location accepting cryptocurrency payments. With Bitcoin, MATIC tokens, Ethereum, and other digital currencies, customers can purchase goods in-store. Although the company’s online store does not support the same cryptocurrency payment option.
There aren’t many VPN providers that can compete with NordVPN’s services. One of the fastest VPN connections is offered by NordVPN, which has over 5000 servers spread over 60 nations. With CoinPayments as its cryptocurrency payment gateway, NordVPN takes Bitcoin, Ethereum, and a number of other cryptocurrencies.
Gyft is a digital card marketplace where you can purchase gift cards from hundreds of merchants, including American Airlines, Adidas, Walmart, PlayStation, and Uber Eats. Gyft allows Bitcoin payments, enabling customers to use cryptocurrency at merchants that do not yet offer it.
Users can top up their bits on Twitch, a live-streaming site primarily used for video games, using a variety of currencies including Bitcoin, Bitcoin Cash, Ethereum, USDC, and others. Since 2014, the well-known streaming service has accepted cryptocurrency payments, making it one of the pioneers in the field.
In the first quarter of 2019, the Amazon-owned streaming service stopped accepting cryptocurrency, though only temporarily. The company has been urging its users to embrace cryptocurrency as opposed to traditional payment methods since quickly reintroducing it.
One of the most popular payment systems in the world is PayPal, a Fortune 500 firm. Users of PayPal can pay with Bitcoin, but only US-based accounts can use this service. PayPal administers your cryptocurrencies similarly to any other digital wallet, with the exception that the platform does not give you ownership of the assets. In other words, you can’t withdraw your cryptocurrency from your PayPal wallet without first cashing it out.
Elon Musk, the CEO of Tesla and SpaceX, has long been a fervent advocate for cryptocurrencies. Only Dogecoin is accepted by Musk’s Automotive Company for some of its products. In 2021, Elon Musk introduced Bitcoin payments for Tesla vehicles, but the effort didn’t last long. You can no longer purchase cars using Dogecoin at the Tesla store.
In 2021, Starbucks began taking cryptocurrencies in exchange for coffee and other products. Starbucks has partnered with PayPal and Bakkt so that customers can load funds onto their Starbucks cards using Bitcoin and Ethereum.
Because there are so many platforms that will accept cryptocurrency payments, it’s crucial to remember that you will need to have a supported wallet on hand. The majority of online platforms will easily integrate with BitPay, enabling you to complete transactions quickly.
Amazon and other retailers do not yet accept cryptocurrency payments; however, you can buy Amazon gift cards with Bitcoin and use them like regular cash at the online retailer.