The investment, which the electric vehicle maker disclosed Monday in a public filing, comes as CEO Elon Musk has been promoting an alternative cryptocurrency in recent weeks.
Tesla said in its annual report that the company made the move as part of a policy change designed “to provide us with more flexibility to further diversify and maximize returns on our cash.”
Microsoft is the largest company in the world that accept bitcoin as a payment method. Basically, users can transfer bitcoin to the Microsoft account and then use it to buy games, movies, consoles, devices, etc on Microsoft’s Xbox store. Here’s a guide on how to deposit bitcoins to your Microsoft account. Yet, take note that you cannot use bitcoins as a payment method for gift cards neither refund the bitcoins you deposited.
Link: Xbox Official Site
Overstock is an online retailer with a huge selection of items, particularly for home decor and home improvement. The US-Based retailer operates in partnership with Coinbase, one of the largest cryptocurrency exchanges in the market, to enable Bitcoin as a form of payment. The company offers a pretty detailed guide on how to pay with bitcoin. Furthermore, unlike other sites Overstock enables users to get a refund in bitcoin.
Link: Overstock.com | The Best Deals Online: Furniture, Bedding, Jewelry & More
Shopify is a huge e-commerce platform that enables users to set an online shop and sell their products. How huge? According to SimilarWeb, Shopify has 48.5M users per month. Shopify allows users to pay with more than 300 digital currencies as a payment method. Shop owners can accept cryptocurrencies as an alternative payment method. In conclusion, another great platform to use bitcoin and other altcoins.
Link: Start a Business, Grow Your Business – Shopify 14-Day Free Trial
CheapAir.com is another way of using bitcoins. The company allows you to book flights, hotels, and cars with bitcoins and also accepts Bitcoin Cash, Ethereum, Litecoin, and Dash. If you get into trouble with how to complete the purchase, here’s a step-by-step guide on how to book a flight with bitcoin with CheapAir.com.
Link: Cheap Airline Tickets, Airfares & Discount Air Tickets | CheapAir
CryproRocket is a bitcoin-based online trading broker, allowing users to deposit and withdraw funds with bitcoin. Furthermore, the broker has a bitcoin cold storage feature to keep clients’ funds safe and an STP execution model which removes the conflict of interest between traders and the broker. The broker has a selection of cryptocurrencies, stocks, indices, and currency pairs to trade on. Long story short, if you are looking for a place to trade with bitcoins, CryptoRocket is a great choice.
Well, that’s another way to spend your crypto coins. Cryptocurrency-backed loans have risen in popularity in the past year, offering a unique way to get a collateralized loan. You can use your BTC, ETH, or LTC towards a collateralized loan with BlockFi – By using your crypto as collateral, you can unlock up to 50% of the value of your assets in USD, starting at 4.5% interest rate and loan duration of 12 months. You can also use the BIA account that lets you earn monthly interest on the crypto coin you have deposited. Currently, BlockFi is the most popular platform in the market for Crypto-Backed loans.
Etsy is one of the largest online marketplaces in the world in which you can sell or buy homemade crafts and vintage items. It is also one of the largest sites in the world that unofficially allows sellers to add bitcoin as a payment method. But in order to do that, you will most likely have to contact the customer directly. For another way on how to pay with bitcoin on Etsy, watch this video.
Link: Etsy – Shop for handmade, vintage, custom, and unique gifts for everyone
Newegg is an online retailer of computer hardware and software that accepts bitcoin as a payment method. Newegg has a wide selection of items that range from computer systems to apparel and accessories. All you have to do is to select bitcoin as a payment method once you reached the checkout step.
Link: Computer Parts, PC Components, Laptop Computers, LED LCD TV, Digital Cameras and more – Newegg.com
Amazon does not yet accept bitcoins or any other cryptocurrency as a form of payment method. You can purchase a gift card and then spend it on Amazon but Purse.io is even a better solution. Simply put, Purse.io is a platform that allows you to purchase on Amazon with cryptocurrencies. However, the platform has mixed reviews so we suggest that you test it with a small amount before you make constant transactions but overall, it seems like a pretty solid platform.
Link: Purse: Save +20% on Amazon. Spend Bitcoin / Bitcoin Cash.