New Ways to Use Your Bitcoin in 2021

Bitcoin has been around for over a decade now. Unfortunately, despite its popularity, Bitcoin enthusiasts haven’t had too many opportunities to spend their Bitcoin savings on much. Due to the novelty of cryptocurrency and the misinformation spread about it through both traditional media and the internet, many different fields weren’t too excited to take the risk on this great technology. Luckily, things these days are very different. With the benefits of Bitcoin becoming more and more well-known around the globe, tons of new businesses are opening their doors to the use of Bitcoin. With that in mind, here are some of the best new ways to spend your Bitcoin.

Travel the World

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Most people yearn to travel the world and explore all of the beauty it has to offer. Our planet is a magical mix of different locations, cultures, and people, so getting the chance to experience all of the diversity it has to offer is a blessing. Those that aren’t too big on seeing what the world holds can still benefit from a nice tropical vacation near crystal blue waters and sandy beaches. In both cases, spending some of your savings on travel is one of the best things you can do, and now you can enjoy this opportunity with the help of Bitcoin.

More and more Bitcoin travel websites have been popping up lately. These websites offer Bitcoin enthusiasts a chance to book airline tickets to gorgeous locations all over the globe, and even hotel bookings to the most luxury resorts you can find out there. Of course, the whole process can be done online which makes everything more convenient, so planning your trip from start to finish can take you less than twenty minutes! While there are quite a few excellent travel booking websites on the web that accept Bitcoin, Expedia and Destinia are among the most popular options.

Keep on Investing

img source: bitdegree.org

Investing in Bitcoin isn’t exactly a novel idea, and it’s most likely how you made your Bitcoin stash in the first place. With Bitcoin trading becoming more and more popular each day, new ways to trade and invest in Bitcoin are popping up. Thankfully, this is a good thing. A great introduction to trading and all of the new trading methods currently out there are investment blogs. Most of these new methods of investing in Bitcoin through BitcoinBilliionaire app can be a good way to put your stash back on the market and get even more value out of it, so reading up on how they work is a smart move.

One popular new way of investing in bitcoin that’s been going around lately is Bitcoin interest accounts. Just like the traditional way of storing your money in a bank and seeing it earn interest over time, Bitcoin interest accounts do the same thing with your Bitcoin. If you’re not planning on using your Bitcoin to cover any expenses anytime soon, then letting it grow in an account like this is a great option. Bitcoin interest accounts are pretty new, so we urge you to do thorough research on the service provider you’re thinking of using beforehand.

Experience Unique Shopping

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Most of you already know that there are more than a few great retailers that accept Bitcoin as a payment method. Up until recently, shopping with Bitcoin was mainly available in smaller shops, but recently one of the biggest online shopping platforms has joined the fray! Of course, we’re talking about Etsy. Etsy is a platform that hosts a ton of great stores that offer unique and handmade items you can use for decorating your home, trying out something new, or as creative gifts. There’s no limit to what you can find on the platform, so go explore all of the awesome items it has on deck!

Play Video Games

If there’s one thing we can say with complete certainty, it’s that gaming has become one of the most popular activities in the world. Pretty much everyone these days spends a few hours a week playing video games, and who could blame them? With visually stunning titles like the upcoming Resident Evil game being easily accessible, everyone wants in on the action. As expected, it seems that Bitcoin enthusiasts aren’t immune to the charms of a good video game either, which is clear by the many new video game shops popping up online.

In most cases, these websites sell keys to licensed versions of popular games that players can pick up. The best thing about these websites isn’t just the incredible amount of variety they have, but the fact that they offer games for nearly every console out there! Whether you prefer playing on your expertly assembled gaming computer or the latest consoles, these websites have you covered through and through.

Buy Gold

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Gold has always served as an instrument to protect people against uncertainties, inflation, etc. Currently, the price of one bitcoin is slightly over the price of one ounce of gold. Thus, you can invest your bitcoin to buy gold.

Head over to any certified Gold selling website and add your desired bullion to the shopping cart. Making purchases using cryptocurrencies is relatively straightforward. Now, during the checkout, select “bitcoin” as the payment option. The payment will be deducted from your digital wallet. A majority of the websites also offer a certain percentage of discount if you pay for your bullion using these digital coins. Moreover, you can also avail of refunds, and the amount corresponding to the current market value of the bitcoins will be credited into your account.

Start Affiliate Marketing

There are numerous affiliate marketing platforms present on the web that allows users to monetize their bitcoins. You can also find numerous affiliate marketing schemes all over the market.

However, all of them differ from each other. Thus, you need to carefully observe each of the plans before investing your digital coins and time into it.

Teaching People About Bitcoins

img source: kiplinger.com

Bitcoins have been in the market for around ten years now. After seeing their popularity, more and more people want to know about these digital coins’ working and whether they are safe to invest in. Thus, you can share your knowledge about cryptocurrencies with budding traders.

There are only a handful of writers who share new knowledge about cryptos with their readers. The majority of them keep rehashing the same content again and again. So, if you already know about it and have good writing skills, you can write about it. You can also give a demo to your readers by actually putting your bitcoins to use.

Gambling Bitcoin

You can also try your hand at gambling and put your cryptocurrencies to good use. People have made a career out of gambling bitcoins. However, it would help if you took care not to bet away your digital assets all at once. Also, learning a few basic gambling techniques before you step into this industry can prove fruitful. You can find numerous sites on the internet where you can gamble using bitcoins. However, make sure to verify that these sites are genuine.

Purchase Gift Cards

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If you have been looking to spend your bitcoins uniquely, buying gift cards is one of the best ways to do so. You can either use them yourself or can give them to your friends or families. Gift cards are used on numerous eCommerce websites for purchasing things.

However, you should know that although Bitcoin is a very popular cryptocurrency, only a few sellers accept these coins during payments.

Final Word

There are numerous ways of spending your bitcoins. In this article, we have mentioned a few unique ways of spending them. After purchasing bitcoins, you will need a digital wallet to store these coins. From here, you can use them for several purposes, as mentioned above.

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