What Can You Buy with Bitcoin in 2023?

Wondering how to spend Bitcoin online to buy products and services? There are now hundreds of online retailers accepting crypto, covering everything from smartphones and laptops to real estate, art works, and online courses. In this guide, we explore what you can buy with Bitcoin across 10+ product types. Let’s start it.

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List of Things You Can Buy With Bitcoin

Here’s a snippet of what you can buy with Bitcoin and other cryptocurrencies in 2023:

1. Smartphones
2. Watches
3. Laptops
4. Gaming Consoles
5. Real Estate
6. Cars
7. Luxury Clothing and Bags
8. Jewelry
9. Cameras
10. Collectibles
11. Online Courses
12. Website Domains

Best Ways to Spend Bitcoin in 2023

In this section, we take a closer look at how to spend Bitcoin online:

Smartphones

The smartphone market continues to rise year-on-year, with Samsung and Apple dominating this space. Many platforms not only accept Bitcoin to buy smartphones, but some of the best altcoins, such as Ethereum, Dogecoin, Tether, Litecoin, and others.

Watches

Watches are another popular product with people exploring what can you buy with Bitcoin. In fact, the luxury watch market is expected to be worth over $33 billion by 2026, representing a compound annual growth rate of 3.9%. Whether it’s a luxury Rolex or an entry-level Tag Heuer, there are some best place marketplaces to buy it.

Laptops

It is also possible to buy laptops with Bitcoin and other cryptocurrencies. Buyers can also purchase high-end gaming laptops with crypto.

Gaming Consoles

There was been a huge increase in the number of people playing video games since COVID was declared a pandemic. In the US alone, for example, the number of new gamers entering the market has increased by 46%. As such, when exploring how to spend cryptocurrency, another option is to buy video game consoles.

Those preferring Xbox will find the Microsoft Series X console for a cheap price. Older models are also available for those on a budget.

Real Estate

In addition to long-term crypto investments, many investors will look to build a portfolio of real estate. Crucially, it is now possible to invest in properties with Bitcoin and other cryptocurrencies. The process works much the same as buying a property in the traditional sense; but with crypto instead of fiat.

Cars

When asking the question – how can you buy a car with Bitcoin? Actually, a range of car dealers will start the distribution process as soon as the crypto payment is received. There are a huge selection of cars to suit all budgets, such as motorbikes, trucks, vans, and supercars.

This means you can buy Lamborghinis with BTC, as well as Ferraris, Rolls-Royces, McLarrens, and Bugattis.

Luxury Clothing and Bags

Another option when exploring what to buy with Bitcoin is luxury clothing and bags. Some of the most sought-after designer brands include Gucci, Burberry, Prada, Alexander McQueen, Versace, and Balmain.

Jewelry

Thinking about buying gold with Bitcoin. Another product to consider when exploring what you can buy with Bitcoin is jewelry, including necklaces, earrings, rings, and bracelets. Products are available from $100 to over $10,000. Men can also buy Rotating Gear Cufflinks with cryptocurrencies.

Cameras

Looking to get into photography and wondering what you can buy with Bitcoin? Apart from common cameras, you can also use bitcoin to buy compact digital, instant, video, and action cameras. This is in addition to lighting and studio products for those looking for a professional set-up.

Paintings and Collectibles

Fine art is another high-growth market that can now be accessed with Bitcoin and other cryptocurrencies. Like many of the other project types we have discussed so far, paintings can be purchased at various pricing levels.

Collectibles, and trading cards, in particular, are also appealing to many buyers. Card collectors can buy some of the rarest products available. Sports fans will appreciate the Lionel Messi 19-20 Match Worn Training Shirt FC Barcelona.

Crypto Mining Set-Up

Crypto mining can be a profitable business, especially when the right set-up has been achieved. While not cheap, having access to the world’s most advanced mining hardware is crucial. Many platforms accept Bitcoin to buy products for Bitcoin mining, as well as some other consensus mechanisms.

Website Domains

When exploring what can you buy with Bitcoin, another option to consider is website domains. Just like collectibles, many consider quality domains a rare commodity with long-term growth potential. This will interest someone that is looking to build a new online website linked to Bitcoin.

Online Courses

Another way to put idle cryptocurrencies to good use is to take an online course. For example, there is a course called Artificial Intelligence A-Z™: Learn How To Build An AI. This teaches complete novices the basics of building AI programs. via tutorials and real-world solutions.

Presales

Many crypto investors that have some spare digital tokens to hand will also explore presales. These are brand-new projects that are looking to raise funds from growth investors. And in return, the project will offer its new cryptocurrency tokens at discounted prices. Many presales will go on to generate huge gains after being listed on a crypto exchange, which is why they remain popular.

Which Cryptocurrencies Can You Use to Buy Products Online? 

Bitcoin is the largest cryptocurrency by market cap, so many merchants accept BTC tokens. With that said, it is also possible to use other cryptocurrencies when making purchases online. This is often the preferred option, as altcoins are usually cheaper than Bitcoin, in terms of transaction fees.

For example, the following coins are widely accepted:

• Bitcoin
• Litecoin
• Ethereum
• Dogecoin
• XRP
• Tether

Is it Safe to Buy With Bitcoin? 

Unlike fiat payment methods, there is no protection when buying things with crypto. This is because most cryptocurrencies are decentralized, meaning that no single person or authority controls the network.

With this in mind, it is important to conduct plenty of research and learn how to pay with Bitcoin before buying things with BTC or another crypto.

In terms of legality, the vast majority of governments around the world enable people to buy things with crypto. This is the case even though crypto is not considered legal tender (other than in El Salvador and the Central African Republic).

Where Can I Buy Bitcoin?

To buy Bitcoin, the 1st step is to find your preferred crypto exchange offering BTC for trading. There are different choices for crypto exchanges so you need to compare the features and prices to make the best decision. Notable options for purchasing Bitcoin include Binance, BTCC and Coinbase. Among these, BTCC is one of the best exchanges as it witnesses a large trading volume of Bitcoin. Compared to another two big exchanges, BTCC has no regulatory concerns and is also available in U.S., Canada and many other countries in Europe. Furthermore, BTCC exchange is highly recommended due to its favourable attributes such as low fees, user-friendly interface, excellent customer support, and robust security measures with no reported hacks or security breaches to date.

Buying Bitcoin on BTCC is simple. Once you’ve created an account, you can choose to purchase BTC with USD and USDT. You can also choose to deposit BTC with a minimum single deposit of 0.01BTC.

Related Guide:

How to Trade Bitcoin Futures on BTCC

Best Place to Buy Bitcoin in 2023

What Can You Buy with Bitcoin – Summing All Up

In summary, we have discussed what you can buy with Bitcoin and other cryptocurrencies in 2023. Options are plentiful, with established retailers listing TVs, smartphones, jewelry, watches, headphones, clothing, and luxury bags. Some platforms even enables customers to buy cars, motorbikes, and real estate. We also briefly outline where you can buy Bitcoin with extremely low fees and high leverage.

FAQs

Can you use Bitcoin the same way as money?

Hundreds of merchants now accept Bitcoin and other cryptocurrencies, supporting fast, low-cost, and speedy transactions.

Can I use Bitcoin to pay bills?

Some companies now accept Bitcoin and other cryptocurrencies for paying bills – with AT&T introducing the service in 2019.

Can you buy gift cards with Bitcoin?

Yes, Bitrefill sells hundreds of gift cards, ranging from Amazon, Walmart, and Target to Apple, PlayStation, and Steam.

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