The cryptocurrency users often had to convert their coins to fiat in order to purchase items from major retailers. However, the scenario is changing for users and they do not have to worry about spending their cryptocurrencies. Some of the world’s major retailers have begun accepting cryptocurrency as a payment mode. The wave of cryptocurrencies has been catching up quickly. So, the ball is in your court if you hold crypto either privately or in an exchange.
As many firms have started accepting cryptocurrency as a payment mode, it will provide the appropriate traction for the mass adoption of cryptocurrencies. Many big retailers have entered the game providing crypto enthusiasts with more options for making real-world purchases. Here is a list of these big names who accept cryptocurrency as a payment mode.
Major Retailers That Accept Cryptocurrency as a Payment Mode
Now, let us see the major retailers that accept cryptocurrency from their customers:
Pay crypto at Food Outlets
The popular fast food outlet Kentucky Fried Chicken (KFC) is accepting cryptocurrency in many countries. Its outlet in Venezuela accepts Dash cryptocurrency for payments from customers. Moreover, KFC Canada has rolled out the Bitcoin Bucket in 2018. It thus offers a separate bucket that users buy with Bitcoin.
Burger King has entered into the cryptocurrency market with the launch of its own virtual coin called “WhopperCoin” in Russia. The users can receive WhopperCoin tokens via a digital wallet with each purchase of the burger chain’s signature. Also, the world-famous fast-food chain in Germany is now allowing customers to pay for their order in Bitcoin. The payment facility will be available in its delivery website and mobile application.
Starbucks is one of the companies that leverage Flexa to accept cryptocurrency payments. Flexa is a U.S.-based payment startup that is helping the cafe giant, as well as dozens of other companies.
Travel by paying Crypto
If a traveler or passenger has bitcoin at his/her disposal, there are many merchants who will accept the digital currency. TravelbyBit is a flight and hotel booking service that accepts cryptocurrency from its customers. It thus accepts Bitcoin, Binance Coin and Litecoin (LTC) as payment. Additionally, one of Europe’s leading airlines, Norwegian Air Shuttle allows its passengers to buy tickets using bitcoin. The air company is also developing its own cryptocurrency exchange called Norwegian Block Exchange (NBX).
Buy Sports Team’s Merchandise with Cryptocurrency
SL Benfica, the major European football club accepts cryptocurrency for its merchandise sales. Fans who want to buy merchandise can pay using UTRUST token (UTK). They can also pay with Bitcoin and Ethereum. The popular English league football team, Watford FC now accepts cryptocurrency for the purchase of goods. Turkish Football Club Galatasaray Sports Club will launch an Ethereum-based fan token. With the official Galatasaray token, the fans can vote in polls and help decide on topics the club has put up for the fan vote.
Shop by paying cryptocurrencies
Many of the shopping malls and complexes have started accepting cryptocurrencies. The customers pay cryptos at these stores and buy their things. On the site of BitPlaza users can buy everything from electronics to groceries and personal care items. You can also shop online through the BitPlaza Shopping Center, or download apps for iOS or Android devices to shop on the go.
Apart from there are also stores for gadget enthusiasts who can buy their things by paying cryptocurrencies. It includes Eyeboot (a platform that sells crypto mining rigs in exchange for crypto), Microsoft, FastTech, and Alza.
These were some of the big retailers that accept cryptocurrencies. With the growing popularity of cryptocurrencies, many retailers have come in terms with the idea of cryptocurrency as a mode of payment. Though the list is small now, many companies will join the list in the future because crypto is here to stay!