Bitcoins are taking over the crypto-currency marketplace. They’re the largest and most well-known digital currency. Many large companies are accepting bitcoins as a legitimate source of funds. They allow their online products to be bought with bitcoins. With the extreme facilitation of transfer and earning of bitcoins, it would be a mistake not to accept these new-found online coins as cash. With a fluctuating value, the funds can either help or hurt the company. This fluctuation of inflation can be a boon to business, unless the market is valuing the coins insanely high, sometimes reaching 1000$! So really who accepts bitcoins?
List of Companies Who Accepts Bitcoins as Payment!
Many companies are accepting bitcoins, many are not. Here is a list of the biggest (and smaller) names who accepts bitcoins as a currency.
(2)Overstock.com – A company that sells big ticket items at lower prices due to overstocking.
(3)Subway – Eat fresh
(4)Microsoft – Users can buy content with Bitcoin on Xbox and Windows store.
(5)Reddit – You can buy premium features there with bitcoins.
(6)Virgin Galactic – Richard Branson company that includes Virgin Mobile and Virgin Airline .
( 7) OkCupid – Online dating site.
(8)Euro Pacific – A major precious metal dealer .
(9)CEX – The trade-in chain has a shop in Glasgow, Scotland that accepts bitcoin
(10)Straub Auto Repairs – 477 Warburton Ave, Hastings-on-Hudson, NY 10706 – (914) 478-1177 .
(11)PSP Mollie – Dutch Payment Service.
(12)Intuit – an American software company that develops financial and tax preparation software and related services for small businesses, accountants and individuals.
(13)ShopJoy – An Australian online retailer that sells novelty and unique gifts .
(14)Lv.net – Las Vegas high speed internet services.
(15)ExpressVPN.com – High speed, ultra secure VPN network .
(16)Grooveshark – Online music streaming service based in the United States.
(17)Braintree – Well known payments processor.
(18)SimplePay – Nigeria’s most popular web and mobile-based wallet service
Note: More who accepts bitcoins companies, stores, merchants will be added as they’re announced! With many companies accepting the change and others getting ready to, bitcoins are an extremely fast-spreading currency. Small businesses aren’t missing out on the action; many small shops have made the switch as well. QR codes are the biggest help in real-world bitcoin transfers. Using a smartphone and a Bitcoin wallet app, a user scans a label and presses a small buttoned aptly named “spend.” The list above is a current list of who accepts bitcoins. We’ll keep adding to this list as more companies get on board! Transferring digital funds is becoming easier with the day by the use of growing technology. Smartphones and tablets make a cold, online transfer of money a more personal one. Many retail stores carry gift cards that can be bought with paper money. You plug a code into an online wallet, and the funds will be transferred to you.
Though not all companies have made the switch, most have taken notice of the quick trend. The New York Times, a newspaper company, is currently looking for third party affiliates to help host the bitcoin currency. This is just a small example, there is no doubt many more companies are making the switch. Even newly legal pot shops in Washington are beginning to back the bitcoin as a viable currency. Some companies have lingering doubt, due to the infancy of the market. Only introduced 5 years ago, Bitcoin is still growing. Without a government backing the cash, the value fluctuates rapidly. Though some companies have taken the risk, some still doubt the currency.
Author: Temitayo Olojede | Career Advisor | Job mandate | email@example.com