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Where can you spend bitcoin in the United States? Discover how to use bitcoin in the real world with these crypto-friendly stores, retailers, locations and companies.
While bitcoin and other cryptocurrencies tend to be speculative investments that people hold, buy and sell to build a diversified portfolio, it’s also becoming increasingly possible to spend bitcoin on everyday things.
- Convert your coins to cash via ATMs. See our map above and the searchable list at the end of this article. As a reference, Coinsource is one cryptocurrency ATM operator in the US. Coinsource charges a fee of 4% per withdrawal and 8% per purchase. It boasts “some of the lowest transaction fees in the industry as well as industry-leading Customer Support.”
- Bitcoin debit cards make it easier to spend your bitcoin like any other currency. They usually run on existing card networks like Visa or Mastercard.
- Some major online retailers like Microsoft support bitcoin. Just look for an “accepted here” logo alongside usual suspects like PayPal, Visa and Mastercard. Microsoft uses payment service provider BitPay, which is also supported by e-commerce platforms like Shopify that power smaller retailers, along with other bitcoin payment gateways such as Coinbase and GoCoin.
- If you’re an Amazon fan and you don’t want to go down the crypto debit card route, then services like Purse.io could be an option. The service claims it can help you save up to 15% on your Amazon order using bitcoin. We recommend doing some background reading first to fully understand how it works.
- There are also emerging online marketplaces like OpenBazaar, bitify and the BitMarket subreddit. Even eBay has been widely reported as “seriously considering” cryptocurrency support. Craigslist also quietly added the ability to trade items for cryptocurrency.
- A range of established forex exchanges and brand new platforms are also embracing cryptocurrency trading. Then there’s bitcoin futures trading.
- Aussie start-up CanYa is an online marketplace for services powered by blockchain. Those looking to book someone in the gig economy, such as a plumber or graphic designer, can search, book and pay someone through the platform.
- Other popular companies that currently accept bitcoin as payment are Expedia, Overstock.com, Dish Network, REEDs Jewelers, Intuit Labs, Steam, Virgin Galactic, Tesla, Square, Subway and many more — we expect the list to continue growing.
Did you know
Services like ShapeShift and Changelly can make it more convenient to exchange one cryptocurrency for another (crypto-to-crypto conversion). That can be handy when bitcoin transaction fees can be so high (and transactions so slow) that alternatives like Bitcoin Cash and Litecoin become worth exploring. Just be sure to check what cryptocurrency your ATM or retailer supports ahead of time.
How does a bitcoin ATM work?
Bitcoin ATMs can process two transactions: users can either purchase bitcoins or sell their bitcoins for cash. Before proceeding with either transaction, most bitcoin ATMs require identity verification. This could entail a scan of your fingerprint or palm, or mobile verification via a validation code sent to your cell phone.
How to buy bitcoins from a bitcoin ATM
Once you’ve verified your identity, you’ll have to scan your wallet QR code or have a wallet generated for you — the wallet is where your bitcoins will be stored. Next, insert cash into the bitcoin ATM to have the bitcoins sent to your wallet. You’ll receive a paper receipt, or the option to email the completed transaction to yourself for confirmation.
How to sell bitcoins to a bitcoin ATM
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To sell your bitcoins to a bitcoin ATM, you’ll need a wallet with bitcoins in it and your wallet QR code. Once you log in to your wallet with your QR code, you’ll then be prompted withdraw, sell or receive. Choose the amount you’d like to receive in cash and send your bitcoins to the address QR code given by the bitcoin ATM. Your cash will dispense and you’ll receive a printed or emailed receipt for confirmation.
Disclaimer: Coinmap crowdsource map points used under the ODbL. Data on this page last updated 23 January 2019.
Want your business listed or see an error? Contribute to the map at Coinmap.org.