Out of all altcoins, Ethereum certainly turned out to be the most successful one. Due to this, the growth of businesses that allow customers to pay with Ethereum anonymously is gaining momentum. Perhaps it’s time to learn more about one of the most important global cryptocurrencies.
If you want to know where you can pay with Ethereum and what perks it will help you achieve, continue reading to find out.
Advantages of Ethereum Payments
Before we look into how to buy goods and services with Ethereum, it makes sense to consider what this token has to offer. Ethereum payments embody all the core benefits that ordinary blockchains possess and more:
- Cheap – Traditional means of payment are often associated with pretty substantial fees. Ethereum is a much more profitable payment option since there are no intermediary institutions.
- Fast – Blockchain transactions are processed instantly. Rather than waiting for lengthy, manual verification and clearances, the payment is processed in a fraction of the usual time.
- Guaranteed security – As long as you keep your passwords safe, there is practically no risk of malicious hacks. Besides, Ethereum has three times more nodes than Bitcoin for transaction verification.
How to Buy Goods With Ethereum
There is no elaborate scheme for paying with Ethereum. If a company accepts ETH, it will be indicated on their website. As long as you have enough ETH in your e-wallet, the process should be straightforward.
Now, as for specific, companies that have already integrated Ethereum payments, let’s look at some major examples. Bear in mind that we’ll only be able to give you a short list. In reality, you will have to check with individual services whether they support Ether.
Major Collaborations with Ethereum
This section doesn’t exactly cover services that accept ETH as payment. However, we still wanted to mention some world-known name and explain the extent of their collaboration with Ethereum:
- Amazon allows users to purchase Amazon gift cards with Ethereum. The offer is available for a limited range of sellers. Nevertheless, it’s a step in the right direction. Similar offers are made on platforms like eGifter, Bitrefill, Paxful, and Bidali.
- Microsoft recently launched an Ethereum development kit on Azure. Developers that want to integrate blockchain can readily take advantage of Ethereum’s processing capabilities. Blockchain apps (dApps) and games are already using the feature.
- Wikipedia accepts donations in several cryptocurrencies. Through a new partnership with Coinbase, the organization has opened yet another way to support it.
- Expedia has positioned itself as a crypto-friendly travel booking platform. Currently, over 700,000 Expedia Group hotels and accommodations are available for renting in crypto. This partnership unlocks greater accommodation choice for all international customers.
- Overstock is a popular online store that sells everything from furniture to bedding. Not all products can be paid with altcoins, but the selection is growing steadily.
If you’re ready to pay with Ethereum for goods online, you’re in luck. Here are a few platforms (out of many more) that offer this payment option:
- Flubit is the largest UK-owned marketplace. Here, you can purchase over 1 million branded goods, which are usually even cheaper than on Amazon. The selection features products from all categories – toys, books, health & beauty, home & garden, etc.
- Direct Voltage specializes in Ardunio components, LED light chips, 3D printers, and 3D printer parts. ETH payments are especially beneficial for international customers since the company ships worldwide. So, you won’t be subjected to currency conversion fees and will simply make instant crypto payments.
- Zorket is a women's and men's clothing business. Here you can buy apparel, accessories, bags, and shoes - and with Ethereum support, you will be saving time and money on each purchase. The company ships worldwide as well.
- OpenSea can be described as eBay for crypto assets. The company offers collectables, gaming items, and other virtual goods backed by a blockchain. If you’re excited about unique digital assets, this is the right place for you.
- Amagi Metals is an online semi-precious, precious, and base metals dealer. While they have several physical locations across the US, the most convenient way to shop here is directly through the website. Some of the goods offered include bullion, coins, rounds, and bars.
The list of where to buy things with Ethereum isn’t limited to products. Companies that offer Internet service are also taking steps in a more crypto-friendly direction:
- Hosting.co.uk is one of the biggest hosting companies in the UK, and is primarily focused on a hosted computing environment and business continuity. With their Midlands data centre, the service can offer fast speeds to visitors across the UK, Europe and the rest of the world.
- FlokiNET is a domain registration and web hosting company. One unique feature the website offers is the ability to build whistleblowing websites. With the reliability and anonymity of crypto transactions, it’s a perfect arrangement to do so.
- Snel provides a fast dedicated and cloud hosting platform. This well-recognized Dutch hosting provider aims to make server management easy for everyone. If you come across any issues (payments included), the team ensures quick resolution.
- P2Pvps doesn’t use centralized and expensive data centres, which goes to the core of blockchain technology. Anyone can host the network through personal computers and IoT devices. Needless to say, users can rent their server space by paying in crypto.
- Hostplax is a company specializing in web, VPS, cloud and cloud shared hosting, domain registration, and dedicated server renting. Pricing plans are extremely affordable, but you still get high-quality resources, such as disk space, RAM, and computing power.
Lastly, it’s important to mention several payment processors that facilitate ETH storing, sharing and transferring. Those wondering how to pay with Ethereum will vastly benefit from these payment gateways:
- CoinPayments is a financial service provider. Specifically, it involves facilitating new currency developers with appropriate support – merchant acceptance, blockchain explorer, free coin faucets, and listing in its store directory. Those looking for checkout system for numerous cryptocurrencies should find it here.
- WestWallet is a multicurrency crypto wallet for storing, sharing and transferring funds at record speed. All you need to do is enter the recipient’s address with no verification or delays. You can also automate bills or integrate the wallet in applications.
- Ethlance is a unique job market platform, built entirely on blockchain. The only payment method they use is through cryptocurrency. While being not entirely a payment processing provider, it does entirely rely on crypto while connecting freelancers and developers with employers.
- Freelance For Coins is another example of service solely reliant on crypto payments. The platform allows people to publish their bids and offers in ETH and other currencies, and it also facilitates deals between users.
As you can see, there is a good number of Ethereum-based purchases at your disposal. For the time being, Ethereum remains a niche payment method and doesn't cover some of the biggest platforms, but it may change.
It’s evident that the number of customers paying with Ethereum is growing, and more merchants are taking notice. So, we’ll likely see the list of crypto-friendly services expand further in the nearest future. Hopefully, we’ll see more major brands jumping on the crypto bandwagon. For now, we can only rely on smaller companies for ETH support.