Running out of ideas on how to use your cryptocurrency? Yeah, neither are we. But, still, we thought some things deserve more love and attention than what we give them. So, we brought to you a handpicked list of 8 fun yet smart things to do with your digital coins.
This is how you play smart! A popular way to increase the value of cryptocurrencies is by storing them as the value of it increases. During the past years, this has become the ideal way to store your crypto. Bitcoin has increased its value by over 600%. But it is safe to do so? You can check the prices on sites like CoinMarketCap on a daily basis. Act, wisely!
Help a Friend
Cryptocurrency can also be used to pay your friends and your friends can use it to pay you back. This is an accessible and easy process for anyone to use. It can come in handy in any situation. You can directly send the money to your friend address and vice versa. Cryptocurrency will give you your own address in the form of strings and letters. However, keep one thing in mind that different cryptocurrencies have different addresses so you can only send bitcoin to bitcoin addresses, ethereum to ethereum addresses etc
Now you’re probably wondering how it is possible to shop online with your crypto-coins. Fear not. Most online stores have made themselves available and accept cryptocurrency such as bitcoin. What could be better than this? Time to go on a shopping haul? You can also use your cryptocurrencies in retail stores. How exciting! Check out more retail stores by visiting Spend Bitcoins.
You can easily invest into crypto funds. Crypto-funds have recently become popular, even though their prices go up and down just like cryptocurrencies. The crypto-world comes with it risks. Crypto20 and ICONOMI are two popular funds, crypto funds can let you buy as many different cryptocurrencies instead of just one.
Yes, it’s possible. Many people have started to trade cryptocurrencies to make a profit. They exchange crypto in order to gain profit for their own benefit. Everything is possible in the world of crypto!
Save the Environment
Most people would be happy to hear that through cryptocurrency that they can help save the planet. Brooklyn Microgrid is a system that helps people sell environmental credits, those who already have solar panels through a phone app. This means using less carbon-based power and more solar-based energy. Mother-Earth must be happy to hear about this one, no?
What’s a better way to spend your cryptocurrency? More schools are accepting cryptocurrency as a form of payment such as The United States, Germany and Switzerland. Bitcoin is the most accepted one, yet. Who knows maybe one day you could spend cryptocurrency like cash!
Travelling has always interested people and now, you can easily travel the word with cryptocurrency. More and more retailers have started to accept bitcoin which is why people are going to have the chance to use them for almost anywhere for anything. CheapAir.com, a travel agency makes you purchase your flights, hotels and many more. So what are you waiting for? Use your cryptocurrency today and treat yourself.