Bitcoin and other cryptocurrencies are primarily about decentralized, worldwide financial independence and freedom, as well as the opportunity to own your assets wholly and entirely. Bitcoin is a censorship-resistant, borderless digital currency that is accessible to anybody with internet access anywhere in the world. As a result, crypto lends itself nicely to being an asset class for international travelers or “digital nomads,” at least in theory.
As the popularity of blockchain technology and cryptocurrency grows, it’s only natural that we’ll see more methods than ever to spend and travel the world with cryptocurrency. As a result, we’ll go over a few methods that will highlight how you can spend your cryptocurrency while traveling in this article.
Why Should You Travel With Your Crypto?
Some crypto aficionados may wonder why you would want to spend your cryptocurrency in the first place. Finally, if you believe in the principles of Bitcoin and the protocols detailed in the Bitcoin whitepaper, the only way for Bitcoin to truly become a worldwide, peer-to-peer electronic money is for some people to spend it.
As a result, there is a global demand for crypto merchant solutions for customers who want to spend their cryptocurrency. Here are a few more reasons why someone would opt to tour the world using cryptocurrency:
Local Business Environments
Some people who are experiencing financial difficulties and hyperinflation of their native fiat currency will be able to keep their wealth by switching from fiat to crypto.
Getting Rid of Cash
When you travel the world with crypto, you won’t have to deal with the hassles of local currency exchanges when you arrive or depart a different nation. Instead, all of your cash is thought to be saved electronically, either online or on a portable device such as a smartphone or a cold wallet.
Some claim that not carrying cash on your person while traveling in a foreign country reduces your personal risk of being mugged or attacked.
Furthermore, in the event of an emergency in your home country, you can move cryptocurrencies across the globe at any time, 24 hours a day, seven days a week, for a fraction of the cost of a traditional foreign exchange rate. It’s reassuring to know that you can help your relatives or friends from anywhere in the world without having to deal with cross-border intermediaries.
If you wish to open your account for cryptocurrency trading, visit bitqt-pro.com.
Crypto: How To Travel The World
In 2013, CheapAir.com became the first online travel operator in the United States to accept Bitcoin as a payment method. Litecoin, Bitcoin Cash, and Dash are now taken on the multi-service booking platform.
Expedia, the world’s largest online travel agency, began taking Bitcoin as payment for ticket bookings in 2014 then discreetly phased out the option in 2018. Expedia, on the other hand, announced a connection with Travala.com in the summer of this year.
With access to millions of hotels and villas worldwide, Travala allows future travelers to book trips using more than 30 common types of cryptocurrencies, including top active coins like Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), and Travala.com’s native cryptocurrency (AVA).
Holistic travel sites that combine flight and hotel bookings are becoming increasingly popular. Some of these, such as Travala/Expedia and Destinia, have already been noted.
Customers can examine offers in various currencies when they land on the Destinia homepage; however, if they miss it before checking out, they are led to the GoCoin merchant plugin, where they can choose which cryptocurrency they want to spend.
CheapAir.com, based in the United States, also offers lodging options on their website. Though A Bit Sky is primarily a flight planner, it has teamed with Booking.com to give its millions of users access to crypto payment alternatives when arranging their next trip away.
Food & Beverage
CoinMap is a search engine for anyone looking for crypto-friendly hospitality establishments. CoinMap has been the savior for locating the closest café, bar, or restaurant that accepts Bitcoin, including big chains like Subway and independent suppliers using crypto merchants, as highlighted by Felix Weis and many other crypto influencers in the scene.
Purchasing a gift card online through Gyft or eGifter is a popular alternative to paying hospitality merchants directly, with eGifter offering a 5% discount for Bitcoin transactions on gaming, streaming, and take-out related cards.
Papa Johns, Dunkin’ Donuts, Ruby Tuesdays, Dominos, Taco Bell, TGI Fridays, UberEats, and a slew of other restaurants can be found on eGifter. Simply choose a gift card for a specific amount with your BTC, eGifter will handle Bitcoin transactions using BitPay, and you will receive a digital gift card to use in stores — it’s that easy!
Travel and Car Rentals
Abitsky.com, as previously indicated, offers automobile rental deals that are easily accessed on their homepage. Expedia, CheapAir, and Destinia all have websites where you may book transfers or car rentals while you’re on vacation.
If you don’t want to rent a car while you’re abroad, Gyft and eGifter both have Uber gift cards ranging from $15 to $500. This gives you the option of paying for your transfers with a variety of cryptocurrencies, including Bitcoin, Bitcoin Cash, Bitcoin SV, Ethereum, Litecoin, and Dash.
If you haven’t already guessed, Gyft and eGifter will come in handyl when it comes to traveling the world with crypto. Groupon offers a wide range of local indoor and outdoor activities, and since both gift card shops provide Groupon cards, you may use your bitcoin for thousands of different activities!
Bitcoin is a worldwide currency, but only a small percentage of the population is aware of its actual potential. While traveling, meeting others with similar interests in crypto could lead to learning something new, finding a business partner, or creating lifelong friends.
In the not-too-distant future, practically every hotel, bar, restaurant, and shop will have an electronic wallet that accepts Bitcoin and, most likely, other cryptocurrencies as well. Many African countries are leaping for technology, aiming to have access to smartphones and the internet. They are even embracing cryptocurrency as a need in everyday life.