Where to spend your Bitcoins???

WONDERING WHERE TO SPEND YOUR BITCOINS?  LOOK NO FURTHER...IT'S EVERYTHING YOU NEED TO KNOW

Firstly, for those who invest in bitcoins and are always confused about how to spend the bitcoins that they ownand secondly, those who are not aware of bitcoins wonder how exactly it functions.

This article is definitely for you and if you fall into any of the above categories I can assure you that you are at the right place. There is something helpful for both the types here so please tune in to know more about the new crush of the speculators worldwide.

Starting with the facts

Bitcoin is the first cryptocurrency based on blockchain database technology. Bitcoins were first released by Satoshi Nakamoto ( name used by an unknown person or a group ) from Japan in January 2009.

What is Bitcoin?

It is a cryptocurrency (a type of a digital currency) that uses encryption techniques to regulate the generation of currency and further verifying the funds' transfer and its independent operations. It can be sold,  purchased or can even be treated as a commodity.

Bitcoins can be instantly bought using credit/debit cards via SpectroCoin  , Coinbase  , Kraken  and other similar exchanges. It is usually fast and within 10 minutes up to 50$ of Bitcoins can be bought. But to acquire a higher amount that is up to 200$ to 500$ you need to prove yourself to be a reliable customer within 4 to 7 days respectively.
Larger amounts can be bought by using local currencies like US Dollar or Euro or INR.

 (ZebPay   is one such online website in India from where it can be purchased )

After the purchase, it can be easily transferred to your wallet. Thereafter,  Bitcoin Debit Cards can be acquired from Bitcoin exchanges for online and offline purchases. The added advantage here to customers is that complete ID verification is not required if they stay within lower debit card limits.
Thus, lesser transparency and more anonymity. 

The crucial question arises... Where can the Bitcoins be spent?

Following are the best recommended online portals in accordance with the categories that will allow you to spend your Bitcoins :

1. If you are fond of movies or games or apps or Xbox stores your to go portal would be  Microsoft

2. In case you are a travel freak like me.  Following are the best sites to spend your Bitcoins on for hotel bookings, holiday packages, flight bookings etc. Expedia  Bitcoin.Travel   CheapAir BerkeleyTravel  

3. If you are somebody who would like to use bitcoins for satellite television or Internet services (VPN connections). Relevant sites for you are...MyDish ExpessVPN  PUREVPN  

4. Buying gifts can be really exciting and to use bitcoins for the purchase of gifts or gift cards for your special ones, these are the two best sites. Egifter   Gyft  

5. Let's go out to eat. If you are a foodie and love spending your riches for your taste buds, doing it with Bitcoins will be much easier at following outlets as it is easily accepted there. PizzaforCoins or the Subway outlets.

6. Always ready for online shopping. 

    Be it for laptops, mobiles, gadgets, regular household items, these are the exclusive online retailers who readily accept Bitcoin currency as the mode of their payments. Overstock.com NEWegg.com   

The above mentioned are the most recommended sites for online shopping using Bitcoins. Looking forward to your comments!!

Hope it helps!

Ayushi Agrawal