You made a couple of good crypto moves, took out some profits on time, and now you have some disposable crypto to spend. And getting a new phone is always a good idea in your books. So, why not buy your new smartphone with bitcoin (or some other crypto)?
But where can you do it? A couple of shops actually accept direct cryptocurrency payments, and the number of such places is rapidly growing.
How To Use Your Crypto To Buy a New Phone?
There are three ways you can pay for a cell phone with crypto:
1. You could buy it directly from your crypto wallet on a site that accepts cryptocurrency as a payment method via a crypto payment processor like Bitpay, Coinbase pay or FTX pay.
This method works well for people who already know how to use digital currency to pay for things. Then, just send some crypto to the seller’s address. Your payment is processed immediately without having to wait for the approval.
2. You could use the crypto debit card (like Bitpay card, Coinbase card, Blockfi, Gemini, Uphold, Choise, etc.). You can load crypto onto the card, and once you’ve loaded up enough funds, you can use the card anywhere MasterCard/Visa is accepted. Just swipe it at checkout and enter your PIN number, exactly like you would do with a regular credit card. The merchant doesn’t even know what type of payment you’re making.
3. You could buy crypto gift cards from popular electronic retailers such as Amazon, BestBuy, Walmart, Target, etc. For example, you might purchase a crypto gift card from BestBuy for $100. When you go to make your purchase, you’ll see something like “Litecoin Gift Cards“. Enter the amount of the gift card you’d like to purchase, choose the recipient, and click “Submit.” After the transaction completes, you’ll receive a notification via email. To redeem the gift card, simply show your ID and present it at checkout.
Buy cell phones with crypto directly from your wallet on shops that accept crypto
The number of shops that have crypto payment rails implemented on their platforms is growing by the day. Here are the largest electronics shops that accept bitcoin as a form of payment.
Overstock.com offers a wide variety of products, including furniture, electronics, apparel, housewares, toys, and more. They are one of the largest retailers of brand-name merchandise at discounted prices. Its goal is to provide customers with the best selection of quality products at low prices.
It accepts all regular payments method. The best thing with Overstock.com is that you can pay with cryptos since they partnered up with Coinbase. You will get free shipping if you order over $45. This rule applies when it ships to the 48 states of the USA, which are not Alaska or Hawaii. For orders under $45, you will pay $4.95 for shipping, excluding Hawai or Alaska. Orders usually ship within 1-2 days. International orders are possible, but it has additional costs.
Crypto enthusiasts are turning to online retailers like Newegg to purchase high-end smartphones without having to deal with credit card fees. In fact, one of the best places to do it is via the eCommerce site itself. They offer a wide range of products and are known for selling high-quality items. There are multiple ways to make purchases on Newegg, but the most interesting is as paying with cryptos like Bitcoin, Ethereum, Litecoin, and others. All the payment options are available on the retailer’s website.
The process is simple enough. After selecting the model of smartphone you want, you select the amount of crypto you wish to spend. Then, you enter your email address and password to confirm the transaction. Once complete, you receive a confirmation code that allows you to track the progress of your order.
Use a crypto card to buy cell phones with crypto
With these crypto cards, you can use your crypto to pay everywhere.
A crypto card works just like a regular debit or crypto card and lets you spend your Bitcoin or Ethereum directly at millions of locations worldwide (anywhere where VISA or MASTERCARD are accepted) by converting your coins into fiat automatically when loading up the card.
- Where To Spend Ethereum – Places That Accept ETH
- Where to crypto with gift cards
- How To Buy A House With Bitcoin
- How To Buy Car With Bitcoin (In USA and Europe)
Use gift cards to buy cell phones
Another easy way to buy a mobile device with crypto is to purchase a gift card from an online retailer. A growing number of retailers are offering crypto gift cards. One great example is BitPay, a popular crypto payment processor and crypto card, provider.
To get a BitPay gift card, you just download the BitPay App or BitPay Chrome Extension. Next, choose the amount of your chosen gift card and the store where you’d like to spend it. After that, select your preferred wallet and crypto. Finally, you’ll receive your purchased gift card instantly.
Then there’s nothing left to buy your next smartphone.
CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com