Cryptocurrency trading is an interesting process and involves buying and selling currencies through an exchange platform. However, spending becomes even more complicated as there is no physical proof of cryptocurrency.
However, using https://altcoinsidekick.com/, spending cryptocurrencies is getting easier as it is included in the infrastructure, and more companies and businesses have started to receive payments in the form of cryptocurrency.
We will talk about the different ways to spend cryptocurrencies without selling them. There are several methods of doing this, including paying several bills to companies that allow payments through cryptocurrency. You can also transfer your cryptocurrency to your MasterCard and use it as a credit card. Let’s talk in detail about some of these methods. Cryptocurrency Debit Cards
To spend your cryptocurrency, you can link it with a debit card and then let it spend in ways similar to spending cash. A few major debit card companies, such as Visa and MasterCard, issue such credit cards that imply that Visa will work wherever it is expected.
Most of these cards use Bitcoin as it is the most valuable and reliable cryptocurrency on the market. However, other cryptocurrencies have also begun to catch up. Examples of some debit cards that allow you to do this with cryptocurrencies include Shiftcard, CoinsBank, Xapo, Uquid, and Spectrocoin, among others. Altcoin Debit and Credit Cards
The debit cards mentioned above mostly accept Bitcoin. However, some companies accept altcoins such as Uquid, Tenx and Polybius. They accept a large number of cryptocurrencies.
However, most of them accept Ethereum. You can use these debit cards to shop at locations that accept these brands. Apart from these debit cards, many places have started to accept crypto coins, especially Bitcoin. How to Spend Your Cryptocurrency Directly
In addition to spending cryptocurrencies with the help of special debit cards, you can also spend it with the help of third-party processing applications such as Cryptopay and Bitpay. Several retailers accept crypto payments through these apps, and some of them are mentioned below:1. Uninterruptible
With the help of Streitwise, you can make purchases at Real Estate with Etherium (ETH) or Bitcoin (BTC) that you own. Primetrust, the escrow broker used by Streitwise, helps facilitate the transaction between customers and merchants.2. Surplus
Surplus stock is considered an early executor of this trend and is one of the oldest companies that started accepting payments in the form of cryptocurrency. Coinbase processes payments for Overstock, which allows you to pay from your crypto wallet at checkout.3. Microsoft
Microsoft has made it possible for customers to stock their Microsoft accounts with Bitcoins. However, there is a catch for this. Stocked Bitcoins can only be used in the Windows and Xbox stores. Paying with the help of cryptocurrency through the Microsoft Online store is not yet supported.4. Save the kids
You can also use your cryptocurrency for the well-being of society. Bitpay allows you to donate your bitcoins to an organization called Save the Children, which aims to provide necessities to children around the world. Bitcoin can also be donated to a few other causes and NGOs. Crypto-Friendly Payment Processors
Shopify is a processing system popular among small and local businesses that allows customers to pay with bitcoin on their websites. Square also runs a Bitcoin-based marketplace that allows customers to pay through bitcoins. Another payment processor, Stripe, allows you to integrate a form for bitcoin payments into the websites they serve.
Thus, the massive integration of cryptocurrency into the traditional infrastructure has allowed investors to use cryptocurrency for purposes other than education.
As the days went by and new developments occurred in the Age of Bitcoin, the chances of cryptocurrency being adopted by different industries have become more physical. Dedicated debit cards, crypto-friendly payment processors, and third-party software make it possible for customers to pay businesses through crypto trading.