Ethereum Who Accepts
Ethereum is a decentralized, open-source blockchain featuring smart contract functionality. Ether (ETH) is the native cryptocurrency of the platform. It is the second-largest cryptocurrency by market capitalization, after Bitcoin. Ethereum is the most actively used blockchain. Ethereum was proposed in 2013 by programmer Vitalik Buterin.Development was crowdfunded in 2014, and the network went. So the purpose of this article is to show you who and where accepts Ethereum for payments. Ethereum is a relative newcomer, compared with the likes of Bitcoin. It was launched July 30th 2015, so is only three years old at this point. As such, you may expect that adoption of Ethereum. Who accepts Ethereum as payment 2018 List of companies that accept Ethereum We accept Ethereum Cryptocurrency Today Does Amazon accept bitcoin or ethereum?
Ethereum is considered one of the most successful altcoins so far. When it comes to payments, the time taken to confirm an Ethereum payment is far less than a Bitcoin payment. A Bitcoin payment approval takes 10 minutes on average, whereas it takes much shorter to pay with Ethereum. Despite being more convenient, one severe issue that Ethereum faces to date is finding enough number of places that accept Ethereum payments. Earning more brand recognition and solving some of the scalability issues would definitely make Ethereum more popular as a crypto payment option in the days to come.
However, since 2017, Ethereum has been speeding up on gaining traction in the market as a medium of crypto payments. The list of stores that accept Ethereum is increasing with each passing day. A lot of Ethereum payment gateways have also come into the scene of late. Here, in this article, we will provide a holistic overview of how to use Ethereum by pointing out the Ethereum payment channels and listing out some of the sellers that accept Ethereum payments. We will also discuss vital functional details pertaining to how to accept Ethereum on this website.
Who Accepts Ethereum as Payment Today?
For Ethereum holders eager to know where can I pay with Ethereum, here is a list of popular sites that will prove useful:
- One of the largest Swiss online retailers Digitec Galaxy accepts Ethereum payments.
- UK’s largest independent marketplace Flubit accepts Ethereum
- Zorket, an international marketplace that offers retail fashion products such as apparel, bags, shoes, and accessories accepts Ethereum.
- CheapAir.com is a flight ticket aggregator that had already accepted more than US$5 million worth of Bitcoins before it started accepting Ethereum.
- Tripio is a company similar to Airbnb that allows homeowners to rent their properties and earn cryptos in return.
- GamerAll is a marketplace that sells characters, weapons, and skins for most of the popular games, such as DOTA 2 and Rust in exchange for crypto.
- Bitcoin Grotto is a brick and mortar store in the UK that accepts cryptocurrency. In exchange for coins such as ETH, BTC, and LTC, customers can buy smartphones, gaming consoles, TV sets, etc from this store.
- A well-known pet supplies retailer CryptoPet accepts Ethereum payments.
- PizzaForCoins, a pizza shop that sells its pizzas exclusively in exchange for cryptocurrency accepts ETH.
- The widely popular VPS hosting service Snel.com accepts Ethereum payments.
- Blockchain coffee is a gourmet coffee sold specifically to ETH enthusiasts. Anyone can pay with ETH for a blend of this coffee.
- Overstock, a popular interior design company that deals with home improvement and offers goods such as furniture, electronics, jewelry, and materials for décor accepts Ethereum payments.
- Tapjets, one of the biggest private jet booking platforms in Crypto in the US accepts Ethereum.
- The popular Scandinavian web-hosting platform FlokiNET accepts Ethereum.
- The popular eCommerce store in Amsterdam Peddler.com accepts Ethereum payments.
- Popular online retailer gift cards eGifter accepts Ethereum.
- Amagi Metals is a place where one can buy gold and silver with Ethereum.
- BitGild is another retailer focused on selling precious metals that accept Ethereum.
- 1000EcoFarms, a store to purchase farm-fresh products, accepts Ethereum.
- The Hungarian travel agency MoreStampsGlobal accepts Ethereum.
There are several other stores and retailers that have provisions for an Ethereum payment. The above list only shows some of the better-known brands.
Does Amazon Accept Ethereum?
Being the largest eCommerce retailer, people are often curious to know whether Amazon accepts Ethereum payments. Well, the answer is that they do. With the help of the Lightning Network browser extension, people can make purchases from Amazon using Ethereum.
The service that makes the transaction possible leverages the services of the Lightning Network to convert crypto to fiat without charging any extra fees. For now, the service is only available in the United States. Amazon also allows buying gift-cards using Ethereum.
Ethereum Payment Method
To accept payments in Ethereum, a store needs to integrate an Ethereum payment gateway. The process is easy and convenient for the sellers. What these payment gateways do
is that they automate Ethereum and other cryptocurrency payments while speeding up the transaction and eliminating the need for intermediaries. These payment gateways offer highly encrypted, secure payments at a much cheaper cost compared to traditional payment gateways.
The development of these payment gateways is based on the building blocks of smart contracts. Contracts that are used for processing and verifying peer-to-peer transactions. Smart contract-based payments offer increased transparency and enhance the level of security. It makes these payments less vulnerable to cyber hacks and attacks. If a seller does not want to go with a payment gateway, they can post their ETH wallet address on the website.
Payments Through Credit Card
There are intermediate services that help make ETH payments via VISA cards. The users only need to connect their ETH wallets to the payment card. These intermediary services then exchange the ETH in the wallet for traditional fiat currency such as US dollars. These intermediaries charge a commission of nearly 2% for making such conversions.
Summary
In terms of market capitalization, Ethereum is the second-largest cryptocurrency. With a market cap nearing US$53 billion, the only cryptocurrency that has a larger spread than Ethereum in the market is Bitcoin. With such a high volume of market cap, it is quite expected that Ethereum will soon become as popular as bitcoin as a medium of payment and peer-to-peer exchange. With growing availability, more and more merchants will set up Ethereum payment gateways to accept ETH.
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Ethereum Who Accepts Money
Cryptocurrencies are so often discussed in terms of their investment potential, it is easy to forget that you can actually buy things with them. However they are currencies and as such can be exchanged for goods and services! So the purpose of this article is to show you who and where accepts Ethereum for payments.
Ethereum is a relative newcomer, compared with the likes of Bitcoin. It was launched July 30th 2015, so is only three years old at this point. As such, you may expect that adoption of Ethereum to be much lower than that of Bitcoin. To some extent this is true, there are certainly fewer places that will accept Ethereum transactions than Bitcoin transactions. However, for such a young currency, Ethereum is very popular. At the time of writing, it is ranked third in terms of market capitalisation, with only XRP and Bitcoin above it.
Ethereum’s rapid rise to fame came because, for many, it represented the next step in the evolution of blockchain technology. It took the central idea of Bitcoin and ran with it. Bitcoin is limited – it can only really function as a digital currency. However, blockchain can do far more than just underpin a currency.
Without going too deep (see our complete guide to Ethereum for that), the technology underpinning Ethereum makes it more than a currency, something more akin to a globally dispersed and shared computer. This has fuelled both Ethereum’s popularity as a digital currency and a whole raft of products that utilise Ethereum’s underlying technology.
Furthermore, compared to Bitcoin, Ethereum payments can be processed very quickly, allowing for much faster merchant consumer interaction.
All this means that, in 2019, there are plenty of ways to spend your Ethereum.
Contents
Moonassets.io
Key Info – Looking To Spend Your Crypto Millions?
- Lambos
- Yachts
- Private Islands
Work Out What You Will Spend Your Ethereum On
For all your supercar, private island and yacht needs, look no further than Moonassets.io – a platform that only accepts cyptocurrencies. In many ways, moonassets is kind of like every cryptocurrency trader’s ultimate fantasy, allowing you to deck yourself out with super luxury items like the Wolf of Wall Street, all priced up in crypto.
Currently, Moonassets lists prices for all its supercars, yachts and private islands in either Bitcoin, Ethereum or US dollars. However, when it comes time to buy, they only accept Bitcoin or Ethereum. This makes Moonassets unique – the only luxury goods site that deals exclusively in cryptocurrencies. At the time of writing, you could pick up a Ferrari California for just under 1240 Ether.
Even if luxury items aren’t your thing, this site is well worth a look for its audacity. It’s certainly something and is the only place on the internet you can buy an island with Ether.
Overstock
Key Info: Spend Your Ethereum On…
- Homeware.
- Furniture.
- Jewelry.
- Electronics.
- Threads to ensure you look fly.
At the other end of the spectrum, we have overstock.com. Started in 1999, Overstock is no stranger to ecommerce. Selling homeware, furniture, clothes, jewelry and a host of electronic gear, you can pretty much buy everything you would ever need on their site. They are based in the US, but will do international shipping.
Central to Overstock’s persistent popularity with online shopper is the value the offer. There are a lot of great deals to be had here. Also, they have always been quick to adopt new internet trends and kept abreast of major shifts in ecommerce over the last two decades. This has lead them to accept cryptocurrencies as payment. In fact, they were the first major retailer to accept cryptos as payment, way back in 2014. Then, in 2017 they announced support for Ethereum, meaning that you can now pay on their site with Ether.
1000 Eco Farms
Key Info: Eat Your ETH
- Get all the nutrition you need thanks to Ethereum.
The one thing that has yet to feature on this list: groceries. However, if you head on over to 1000ecofarms.com, you can even buy fresh food with your cryptocurrencies! The site essentially pools together a host of ecologically friendly farms, allowing you to buy local organic food. Most of its user base are in the United States, although there are some participating farms in Europe, Asia and Africa. The system has payments going straight to farmers, and allows those payments to be in Ethereum, Bitcoin and other popular cryptocurrencies.
Also, in 2017 1000 Eco Farms launched a partnership with the Food Coin – a blockchain ecosystem that is tied to agriculture and food production.
Peddler
Key Info:
- Get bulk discounts on useful items and pay in ETH.
- Request items and Peddler will pool orders together to get you the best price.
Peddler.com uses the idea of collective bargaining to get great deals on all kinds of products. You can either browse peddler for current deals that they have, or can request something that you can’t find on their site. These requests are pooled together, so that peddler can negotiate bulk deals, resulting in savings for the consumer.
Peddler currently allows payments in Bitcoin, Ethereum and Litecoin.
Bitgild
Key Info:
- Use your Ethereum to buy gold and silver.
- Get straight up bullion or numismatic coins.
Bitcoin is sometimes described as ‘digital gold’, due to its portability, divisibility and limited supply. However, if that’s not authentic enough for you, you can buy real gold with your cryptocurrencies from Bitgild.com.
Bitgold sell precious metals like gold and silver, rare coins and other collector’s pieces. They also accept a selection of cryptocurrencies: Bitcoin, Litecoin, Ethereum and Ripple. They aren’t new to the crypto game either, and have been accepting cryptocurrency payments since 2013.
Pizzaforcoins
As any economist will tell you, no currency is truly valuable until it can be exchanged for pizza. Luckily for those of us involved in the world of cryptocurrencies, Pizzaforcoins.com allows you to order pizza and pay in crypto. They have been accepting bitcoin since 2013, although following a partnership with the crypto exchange Shapeshift they now boast acceptance of fifty different cryptocurrencies. So of course, you can buy pizza with your Ethereum!
Bigcoin
Finally, there’s Bigcoin.io. This is an online platform that allows you to pay with cryptocurrencies on a huge range of sites, including Amazon and Ebay. Bigcoin act as an intermediary between you and the site, allowing you to pay pretty much anywhere with cryptos.
The full list of cryptocurrencies they accept is: Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Dash, Monero, Binance Coin and Dai.
Bigcoin do charge a fee for this service though, meaning that in most cases it is probably cheaper for you to buy using regular currency.
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