Long before cryptocurrencies have any overall market value or relevance, this concept will be ridiculed by big companies. As of the Covid-19 epidemic, the international market began to see the potential associated with digital currencies, which were previously considered too unstable to be recognized by any major corporate organization or enterprise.
Today, it seems that cryptocurrency news is not far from the front page. The ability to buy and sell cryptocurrencies is becoming more and more common. However, due to its volatility, there are still very few places where virtual currencies can be used.
The number of companies accepting cryptocurrency as an official payment method is expanding in various industries from major to airlines. These companies allow users to use cryptocurrency to pay for goods and services.
The following are the largest and most famous companies that use and accept cryptocurrency.
As one of the world’s largest software companies, Microsoft’s approval of bitcoin transactions has made a significant contribution to building confidence in the use of cryptocurrencies. Cryptocurrencies can be exchanged for top user profiles and credits for various services. The most famous ones are Xbox Live and Skype. This is not the only reason why the company is interested in cryptocurrencies. Microsoft also launched ION, a two-layer recognition tool based on blockchain. The system does not accept payment, but generates a digital ID to verify online identity.
Suppose someone wants to successfully sue Microsoft. In this case, it is logical for companies that pioneered modern digital transactions to do so. PayPal customers in the United States can now buy, trade, and hold a handful of cryptocurrencies, especially Litecoin, Ethereum, Btc cash, and Bitcoin. In addition, the PayPal application will enable you to track cryptocurrencies. The only drawback is the inability to withdraw funds from the company’s digital wallet.
PayPal stated that customers in the UK can now use the company’s website or app to trade Ether, Litecoin and Bitcoin Cash.
PayPal has been silent on whether to expand the service to more countries.
Overstock is now a market leader in the retail and cryptocurrency industries. In addition to Bitcoin, Overstock even accepts various cryptocurrencies.
Overstock not only accepts Bitcoin, but also stores it! These are the providers that provide the best services to the Bitcoin community! They are committed to the long-term and not only use Bitcoin as a promotional tool.
Make sure to choose Bitcoin as the payment method throughout the checkout process.
Starbucks initially announced that it would start accepting Bitcoin payments in stores in 2019, which disturbed the Bitcoin community. Starbucks later stated that these allegations were inaccurate in several respects. First of all, they will not take Bitcoin directly. Instead, they will cooperate with the futures exchange Bakkt. Secondly, Bitcoin transactions will not be allowed until the Bakkt app debuts in mid-2020.
Tesla stated in February 2021 that it had acquired $1.5 billion in Bitcoin.
In addition, it announced that it will accept digital currency to purchase its famous electric cars.
It didn’t change direction until May 13, 2021.
Moreover, although you can’t buy Tesla with Bitcoin right now, Musk stated on June 14, 2021 that once Bitcoin mining is driven by more than 50% of renewable energy, he will repurchase Bitcoin.
Therefore, stick to it-all miners are leaving China, and renewable energy is gradually becoming an important part of the Bitcoin mining industry.
This year, it is reported that Amazon will cooperate with other Internet giants such as Facebook to lay the foundation for its cryptocurrency. The e-commerce company has not directly accepted cryptocurrency payments. However, you can get Amazon coupons through the cryptocurrency company Bitrefill. The website simplifies the life of Bitcoin by turning Bitcoin into gift cards, mobile phone recharges, and other commodities.
The beverage giant’s beverage companies and distributors have cooperated with the Centrapay platform to allow Bitcoin as a payment method. Currently, there are more than 2,000 good prospects in New Zealand and Australia accepting Bitcoin as a beverage payment.
Whole Foods collaborated with the Winklevoss twins’ Flexa consumer app, called “Spend”. Using the Spend app, you can easily purchase all full meal items with Btc, Ltc or Gemini dollars. However, the Spend app does not restrict you from eating a full meal.