How to use bitcoin in day-to-day life

Photo by Crypto Crow from Pexelsbitcoin
Photo by Crypto Crow from Pexelsbitcoin

How to use bitcoin in day-to-day life

haps Magazine Korea

Nowadays, everyone from Australia, South Korea, Greenland, or any other country across the globe has heard of Bitcoin. Bitcoin has become a significant technological innovation that paved the way for the development of other virtual currencies as well as the entire crypto market. 

Thanks to Bitcoin, not only today are we able to easily and securely make purchases online, but also it boosted the technological progress in the crypto sphere and helped with the evolution of different blockchain-based solutions. Today after the significant bull cycle of Bitcoin in 2020, there is a surge in the number of businesses that accept BTC as well as other cryptocurrencies. 

So, it’s not only that you can use Bitcoin as an investment or for trading purposes, but actually, there are many ways that you can use BTC in your daily life. Here we will cover how you can use Bitcoin in your day-to-day life. 

Transfer of Funds  

You can use Bitcoin as it was intended to transfer funds securely on the blockchain network. There are major brands like PayPal, Square, Venmo, and even MasterCard, which support Bitcoin payments. 

Plus, Danal is one of the major payment services in South Korea that accepts BTC. It is also worth mentioning there are Bitcoin ATMs which allow you to send BTC and even trade online.

Online Gambling 

Many online casinos followed the latest trend in the sector and actually decided to accept crypto payments. Bitcoin undoubtedly is a top cryptocurrency in many casinos, and actually, there is a surge of Bitcoin casino sites on the market that accept BTC and allow casino members to wager on casino sites with their Bitcoin funds.  

Furthermore, Bitcoin is considered a safe crypto payment method in online casinos because the processing time for BTC transactions is short and, in many cases, instant. The Bitcoin transactions are attributed to lower transaction fees regardless of the location of the users. So, it doesn’t matter if you’re located in Australia or Korea. And lastly, it’s easier nowadays for crypto users to gamble with their Bitcoin funds since there is an increasing number of Bitcoin casinos on the market.  

Shopping 

As we mentioned earlier, there is an increased number of online shopping sites as well as brick-and-mortar stores that accept BTC transactions. Thanks to the innovative nature of Bitcoin, customers are able to purchase different goods and services not only from online e-commerce stores but also from land-based stores. 

But, whether the brands accept BTC transactions or not solely depends on their policy. There are some countries where there are better regulations when it comes to Bitcoin, and it’s easier for businesses to accept the same payments and vice versa.  

When it comes to the major brands that accept BTC, there are well-known global companies like Microsoft, Samsung, McDonald’s, Burger King, OkCupid, Home Depot, and many more, which support Bitcoin and accept BTC transactions. 

In the future, we expect most online businesses to accept BTC and crypto payments and make it easier for customers to seamlessly shop online as well as offline. In conclusion, you can use Bitcoin for everything from online shopping nowadays to playing casino games and even trading online.  

Subscribe to our Stripes Pacific newsletter and receive amazing travel stories, great event info, cultural information, interesting lifestyle articles and more directly in your inbox!

Follow us on social media!

Facebook: Stars and Stripes Pacific
Flipboard: Stars and Stripes Community Sites

Looking to travel while stationed abroad? Check out our other Pacific community sites!
Stripes Japan
Stripes Korea
Stripes Guam

Tags:

Recommended Content

Around the Web