Dominyka is a Copywriter at CoinGate. During her career as a copywriter, journalist, and communication specialist, she had the opportunity to handle a wide range of topics, from human rights to lifestyle articles, technology, and now crypto. She sees the importance of new technologies spread and a need for educational and usable content.

Vilius is a seasoned copywriter and bitcoin enthusiast specializing in blockchain and cryptocurrency topics. He's been with CoinGate since 2018, writing blogs, social media content, sales materials, newsletters, FAQs, and more. He's relentless in pursuing knowledge and a better understanding of the crypto industry, which helps him create meaningful and engaging content every day.

The official CoinGate blog for product news, how-to guides, statistics, crypto industry highlights, education, and more. Subscribe for weekly content ...

CoinGate - Your Gateway to Cryptocurrency Payments

A place to find info & news about CoinGate products, services, promotions, plans, ideas and thoughts.

CoinGate Blog

Keep up and get notified about crypto news.

Subscribe to our Newsletter

Subscribe now

These cookies are used to measure, understand, and report on your usage of the service.

First party analytics, third party analytics.

Looking for something more? Try Gift Cards

Cookies are small pieces of data stored on your computer or other devices when websites are loaded in a browser. They ensure a consistent and efficient experience for visitors and perform essential functions such as allowing users to register and remain logged in.

Cookie Policy

Try your luck by using different search parameters instead.

Sorry, but no results were found 😞

Save preferences

Strong partnerships

It’s the best way to effortlessly hear about our new offers and promotions for gift card deals and more!

Follow us on social media!

Buy, Sell or Accept Cryptocurrency with CoinGate

Sign Up and Get Started

These cookies are essential to a website in order to enable a user to move around and to use a websites features, such as remembering information entered on forms when a user moves between pages within a browser session.

Strictly necessary for service.

These cookies may be used to collect information about you when you visit our website and you with interest-based advertising or other targeted content. Third-party cookies are covered by the third parties privacy policy.

Third party advertising cookies.

CoinGate is a Lithuanian-based fintech company founded in 2014. The company offers cryptocurrency payment processing services, as well as trading options.

Start accepting Bitcoin and other cryptocurrency payments on your online or brick & mortar store. Get bank settlements in Euros weekly, or keep the coins.

Due diligence information comprises the facts about a customer that enables us to assess the extent to which the customer exposes it to a range of risks.

Send cryptocurrency bills via email instantly | Set up subscription plans for your customers | Receive blockchain payments in BTC and 70+ cryptos recurringly.

Find guidelines for CoinGate brand assets and rules. This information is useful for journalists, bloggers, as well as current and potential business partners.

Accept payments or donations on your website with customizable payment buttons—one invoice for +50 crypto assets. Receive Euro settlements to a bank account.

Buy and sell any cryptocurrency, including Bitcoin, Ethereum, Cardano and other securely with CoinGate. Low fees, superior customer support and seamless KYC.

Buy Bitcoin, Ethereum, XRP or other cryptocurrencies with your bank account. A single SEPA transfer straight to your wallet | Sell cryptocurrency for fiat.

Use your VISA/Mastercard credit or debit card to buy Bitcoin, Ethereum, XRP, Nano, TRON, BitTorrent Token (BTT) and other cryptocurrencies safely and fast.

Use any debit or credit card to buy Ethereum (ETH) seamlessly through CoinGate. No registration and account needed. Low fees and fast payout

Spend your mobile balance to buy Bitcoin, Ethereum, XRP, Nano or other cryptocurrencies straight to a wallet | Sell crypto for Euros to a bank account.

UAB DECENTRALIZED (operating the CoinGate) - a private limited liability company, established and operating under the laws of the Republic of Lithuania.

Contact different CoinGate departments directly. Fill in the contact form, and our team members will reach out to you in 24 hours or faster.

Contact our compliance department if you have any issues with your verification process or similar inquiries. Fill out the contact form to get in touch.

Reach out to our marketing department to discuss communication and collaboration ideas. Describe your intentions in this form, and we’ll get back to you soon!

Get in touch with CoinGate sales department if you have questions about the product and integration of crypto payments. Fill out the contact form!

Sell Gift Cards on Coingate shop. Fill out the form to become a provider

Having a problem? Contact our support department, and we’ll solve your inquiries in 24 hours. Use this contact form to describe the issue.

Cookies are small text files that are stored by your browser on your device. We use them to make websites work in a better, more efficient way. Learn more.

Find where to spend Bitcoin online | Learn how to accept crypto payments | Buy bitcoins with SEPA transfer, credit card or mobile credit | Sell BTC for Euros.

Find where to spend Ethereum | Learn how to accept crypto payments | Buy ethers with SEPA transfer, credit card or mobile credit | Sell ETH for Euros.

Find where to spend Litecoin | Learn how to accept crypto payments | Buy litecoins with SEPA transfer, credit card or mobile credit | Sell LTC for Euros.

Find where to spend NANO | Learn how to accept crypto payments | Buy NANO with SEPA transfer, credit card or mobile credit | Sell NANO for Euros.

Find where to spend XRP | Learn how to accept crypto payments | Buy XRP with SEPA transfer, credit card or mobile credit | Sell XRP for Euros.

Try out how Coingate invoice works in the selection of our example shops.

Please read the document carefully. It shall become legally binding upon marking “ACCEPT TERMS AND CONDITIONS” checkbox and clicking “CREATE ACCOUNT” button.

Buy gift cards with Bitcoin from more than 2000+ brands. Bitcoin, Litecoin, Ethereum, XRP & many more cryptocurrencies accepted | Instant Email delivery

Buy and receive gift cards for Amazon, eBay & other e-commerce websites that allow you to shop for anything. Pay with BTC, LTC & 10+ cryptos, use instantly.

Use your cryptocurrencies to purchase gift cards & vouchers dedicated to having fun | Go to the spa, watch movies, play golf & more | Instant email delivery.

Use your cryptocurrencies to buy gift cards & vouchers for Xbox, PlayStation or Nintendo consoles and get the latest video games today | Email delivery.

Dine in the finest restaurants and drink your favorite beverages using gift cards | Pay with BTC, LTC & 10+ cryptocurrencies. | Instant email delivery.

Use your cryptocurrencies to purchase gift cards & vouchers dedicated sports | Sportswear, footwear, accessories & more | Instant email delivery.

Use your cryptocurrencies to buy gift cards & vouchers for booking hotels & apartments, flight tickets, rentals and more | 100% instant email delivery.

2000+ Gift Cards For Crypto | Amazon, eBay, iTunes, Microsoft, Starbucks eGifts And Vouchers | Buy With Bitcoin, Litecoin, Ether, XRP And +70 Crypto Assets.

Pay for Gift Cards with cryptocurrency like BTC, ETH, LTC, NANO, DOGE, TRX and others, get them delivered straight to you or your friend via email, instantly. Bitcoin & Litecoin Lightning Network supported.

CoinGate | Buy or sell Bitcoin, XRP, Nano and other cryptocurrencies for Euros | Accept crypto payments in +50 coins risk-free with settlements to fiat!

Integrate crypto payments using several CoinGate integration methods. API, Plugins, Button and billing solution - all allowing to collect crypto payments seamlessly. 

Bitcoin and Litecoin (micro) transactions are faster and cost less with Lightning Network. No need to set up any nodes! Sign up and get started right away.

Implement Your Crypto Asset on CoinGate Payment Gateway!

Please make sure that you fully understand all potential risks relating to Virtual Assets before taking advantage of CoinGate services.

CoinGate company announcements, news, featured press releases, as well as press kit and contacts for journalists and other media representatives.

Start accepting Bitcoin (BTC), Litecoin (LTC), Ether (ETH) and +70 other cryptocurrency payments on your OpenCart website with CoinGate bitcoin plugin.

Browse the vast selection of electronic gift cards for payment cards such as Mastercard, Visa and many more. Additionally buy mobile refill gift cards - Vodafone, T-Mobile, Orange, AT&T and many more. All gift cards are available to buy with cryptocurrencies only, instantly delivered by email.

Use plugins for WooCommerce, Magento, PrestaShop, OpenCart, WHMCS and other websites to accept payments in Bitcoin, XRP and +50 other crypto assets.

Use Point-of-Sale app for Android and iOS or web version to accept cryptocurrency payments anywhere. Get settlements to your bank in EUR or keep what you get.

Accept Bitcoin (BTC), Litecoin (LTC), Ether (ETH) and +70 other cryptocurrency payments on your PrestaShop site with CoinGate module. 

CoinGate charges a standard 3% fee for trader operations and 1% flat fee for merchant payment processing services. Additional services have different costs.

CoinGate follows the requirements of the European Union General Data Protection Regulation (GDPR) and other laws protecting information about you.

The number of customers that pay with bitcoin depends on how well you present it as an available payment option. Start with the Bitcoin logo on your website!

Introduce new users or businesses to CoinGate services and earn Euros, Bitcoins, USDT | Get 1% reward from each completed order | Sign up to start building passive income!

Wondering who accepts bitcoin? Visit CoinGate's Bitcoin merchant directory to find hundreds of online shops that accept payments in Bitcoin, and other crypto

Want to support Ukraine? Donate Crypto directly to the National Bank of Ukraine. CoinGate will process all payments with 0% fees.

Check whether a particular CoinGate service is available in your country at the moment. The list of supported countries might change over time.

Find information about what cryptocurrencies are available to use for different services such as accepting crypto payments, buying or selling crypto assets, and more.

Start accepting bitcoin, litecoin, ether & other crypto payments with an official WHMCS plugin powered by CoinGate. 

Accept Bitcoin (BTC), Litecoin (LTC), Ether (ETH) and +70 other cryptocurrency payments using an official WooCommerce (WordPress) plugin, powered by CoinGate

404 - CoinGate

About Us | Milestones And Achievements - CoinGate

Accept Bitcoin and other Cryptocurrency Payments | CoinGate

AML/CTF Policy - CoinGate

Email Billing | Instant & Recurring Crypto Bill - CoinGate

Brand assets | Info For Media And Partners | News - CoinGate

Payment Buttons for Bitcoin, Nano, Ether, XRP & More - CoinGate

Buy and Sell Cryptocurrency Online | CoinGate

Buy Bitcoin & Other Crypto With Bank Account - CoinGate

Buy Bitcoin, Ethereum With Credit or Debit Card - CoinGate

Buy Ethereum (ETH) with Credit Card | CoinGate

Buy Bitcoin, Litecoin, XRP & More With Mobile - CoinGate

Career at CoinGate

Data Processing Agreement | AMC/CTF Policy - CoinGate

Contact Forms For All Departments - CoinGate

Become Gift Cards reseller

Compliance Department Contact Page - CoinGate

Press (Marketing) Department Contact Page - CoinGate

Sales Department Contact Page - CoinGate

Support Department Contact Page - CoinGate

Cookie Policy - CoinGate

Learn about Bitcoin cryptocurrency - CoinGate

Learn about Ethereum cryptocurrency - CoinGate

Learn about Litecoin cryptocurrency - CoinGate

Learn about NANO cryptocurrency - CoinGate

Learn about XRP cryptocurrency - CoinGate

Disclaimer for Purchasers - CoinGate

CoinGate example shops

CoinGate

Gift cards Terms and Conditions - CoinGate

Gift Cards for Bitcoin, Litecoin, XRP & More - CoinGate

Spend Bitcoin to shop online with gift cards - CoinGate

Entertainment Vouchers | Pay With 10+ Crypto - CoinGate

Gift Cards For Gaming | Pay With 10+ Crypto - CoinGate

Eat & Drink With Gift Cards | Pay With 10+ Crypto - CoinGate

Gift Cards For Sports | Pay With 10+ Crypto - CoinGate

Gift Cards For traveling | Pay With 10+ Crypto - CoinGate

Buy Gift Cards With Bitcoin & Other Cryptocurrencies - CoinGate

Checkout - CoinGate

Order details

Buy Gift Cards, pay with Bitcoin & other crypto currency

Top Bitcoin and other Crypto Payment Processor | CoinGate

Cryptocurrency integration methods |  CoinGate

Collect Bitcoin payments via Lightning Network - CoinGate

Terms and Conditions for Merchants - CoinGate

News & Media Info | Cryptocurrency Payment Gateway - CoinGate

Accept Crypto Payments with OpenCart bitcoin plugin | CoinGate

Crypto Payment Plugins for eCommerce Platforms - CoinGate

Point-of-Sale (PoS) App for Bitcoin & Other Coins - CoinGate

Accept Crypto Payments with PrestaShop Module | CoinGate

Pricing & Service Fees - CoinGate

Privacy Policy - CoinGate

Learn How To Promote Your Crypto Payment Method - CoinGate

Purchaser terms and conditions - CoinGate

Terms and Conditions of Referral Program - CoinGate

Earn Rewards in Euros, Bitcoins, USDT | CoinGate Referral Program - CoinGate

Risk Warning Disclaimer - CoinGate

Who accepts Bitcoin? CoinGate's Bitcoin Merchant Directory

Support Ukraine | CoinGate

Supported Cryptocurrencies For Each Service - CoinGate

Supported Countries For Each Service - CoinGate 

Terms and Conditions - CoinGate

Terms and Conditions for Traders

Terms and Conditions for Merchants from the United States of America

Terms and Conditions for Traders from the United States of America

User terms and conditions - CoinGate

Accept Crypto Payments with WHMCS Plugin | CoinGate

Accept Crypto Payments with WooCoommerce (WordPress) Plugin | CoinGate

Join a giveaway of $850 worth of Litecoin.

<a href="https://sweepwidget.com/view/58858-a2shi8bf">Join a giveaway of $850 worth of Litecoin.</a>

It is fair to say that the impressive rise of the video games industry took most people by surprise, especially during the last decade. In fact, the exact same goes for the blockchain industry, and Bitcoin, in particular.



<figure class="wp-block-image size-full"><img loading="lazy" width="1856" height="960" src="https://wp-blog-assets.coingate.com/2022/06/7f312a8c-videogames_crypto_blog.png" alt="Buy video games with Bitcoin and other cryptocurrencies." class="wp-image-5959" srcset="https://wp-blog-assets.coingate.com/2022/06/7f312a8c-videogames_crypto_blog.png 1856w, https://wp-blog-assets.coingate.com/2022/06/7f312a8c-videogames_crypto_blog-300x155.png 300w, https://wp-blog-assets.coingate.com/2022/06/7f312a8c-videogames_crypto_blog-1024x530.png 1024w, https://wp-blog-assets.coingate.com/2022/06/7f312a8c-videogames_crypto_blog-150x78.png 150w, https://wp-blog-assets.coingate.com/2022/06/7f312a8c-videogames_crypto_blog-768x397.png 768w, https://wp-blog-assets.coingate.com/2022/06/7f312a8c-videogames_crypto_blog-1536x794.png 1536w" sizes="(max-width: 1856px) 100vw, 1856px" /></figure>



Not only have both industries become multi-billion-dollar markets, but also the driving forces for many technological innovations. The pioneers of these industries paved the way for many exciting developments that are yet to come into our daily lives.



But the fascinating thing is how both industries can complement each other, particularly regarding instant purchases and seamless micro-transactions.



<h2>Retailers expand their customer base with cryptocurrency payments</h2>



The gaming community is likely one of the most demanding people out there. The hunger for innovations and advancements prompted major gaming industry players to constantly evolve rapidly. As those in the gaming business always have to catch up with never-sleeping competitors, their community is much keener to accepting sudden change as long as it causes a positive impact.



This is where blockchain technology steps in. Since cryptocurrencies such as Bitcoin and Ethereum started to gain traction, some video game retailers took it as an opportunity to cater to their tech-savvy community. It did not take long for them to realize how huge the cryptocurrency markets are getting and what potential they carry.



Considering the vast spending power that cryptocurrency enthusiasts possess, it is no surprise that the game sellers are looking for ways to curb it. After all, the additional payment options for retailers only expand their customer base.



<h2>How to Buy Video Games with Crypto</h2>



If you want to spend your well-earned crypto gains and buy games with bitcoin, you can choose one of these options. You can use your bitcoin (or other cryptocurrencies) in gaming companies that already accept crypto payments or use crypto to buy <a href="https://coingate.com/gift-cards/all?category=gaming&amp;country=all&amp;per_page=24&amp;sort=default" target="_blank" rel="noreferrer noopener">gaming gift cards</a> through CoinGate.



So, for example, if you want to spend your BTC on games without a need to exchange your crypto gains for fiat, all you have to do is have a wallet with some spare cryptocurrencies, visit the <a href="https://coingate.com/gift-cards/all" target="_blank" rel="noreferrer noopener">CoinGate gift card store</a> and pick the card you want. Then select the denomination and the gift card’s value, go to the checkout, fill in the required information, scan the QR code and make a payment. It’s as easy as it sounds. Although, <a href="https://coingate.com/blog/post/how-to-buy-gift-cards-with-crypto" target="_blank" rel="noreferrer noopener">click here</a> if you want to read a full step-by-step guide on how to buy crypto gift cards.



Read along if you are searching for gaming platforms that already accept direct crypto payments!



<h2>Use Bitcoin to buy in-game items, levels, subscriptions, game credits, and more with gift cards</h2>



It might take some time for mainstream gaming platforms like Steam, PlayStation, or Xbox to accept crypto as a payment method. It might take even longer for gaming legends like Minecraft, League of Legends, or Fortnite to implement BTC into their services.&nbsp;



But don’t quit the idea of buying games using only crypto, and take a look at our top-selling gaming gift cards!



<h3>PlayStation</h3>



<figure class="wp-block-image"><img src="https://lh3.googleusercontent.com/ksA1uK86CzGY69G6Tx95ERcJ-dtTkduEtD4S0oRdJ8KXjpOYfriWsG083Ijd4jmSGV2rhkZlrdH8wsidc0U9ojAVo0caK5xqclDeHVJVVxvCbTsKMPfV5LUxnkQlsgdY5I0jM9_1_N_tSTe-Qw" alt="Buy Sony PlayStation with crypto"/></figure>



Shop at PlayStation store with <a href="https://coingate.com/gift-cards/playstation" target="_blank" rel="noreferrer noopener">PlayStation (PSN) gift cards</a> and bring your gaming experience to a new level. This single voucher makes God of War, Rocket League, Marvel’s Spider Man, and many more must-try games, missions, maps, and other PlayStation store gems available. PSN gift card is available in more than 20 regions and will arrive at your email instantly after you make a purchase.&nbsp;



<h3>Steam</h3>



<figure class="wp-block-image"><img src="https://lh6.googleusercontent.com/GUNCN4GXz2eKox1IQvSRNDoDFh-nOF0dCCIXmw_K7O7Y0-c4Yj8mXc8bRgMCCOS6yawqmmkQRXwhy_8NmgyMwX3oSxWP9-qKhuGyOhR_giz7AmXQrhnxUgx5-dL60Xr0efFXLS8HXpSApEsS0Q" alt="Buy video games from Steam with Bitcoin and other cryptocurrencies"/></figure>



Steam is one of the most popular online gaming platforms and a true heaven for gamers. One Steam Gift Card opens a door to 40 000+ Steam games, which can run on the most popular PC operating systems like Microsoft Windows, macOS, or Linux. Purchase your favorite Steam games with bitcoin using a <a href="https://coingate.com/gift-cards/steam" target="_blank" rel="noreferrer noopener">Steam gift card</a>.



<h3>Xbox</h3>



<figure class="wp-block-image"><img src="https://lh3.googleusercontent.com/sgMYrKsxa7Gn8ZOaPW2_0aaPpZ9CFd-C7iN3NMVCRra-UN4PbCwWQMf3a7oFoga7fJf46gOoFaefoACL0TegRN7aSMMVFQ66P4pG7M-K0dT7Wko9-tMmTHXxQrxTb814oOqLAVI2JUSOPnff-Q" alt="Buy video games from Xbox with Bitcoin and other cryptocurrencies"/></figure>



Xbox and Xbox live gift cards are the key to having a good time. All you have to do is choose the right game! <a href="https://coingate.com/gift-cards/xbox" target="_blank" rel="noreferrer noopener">Buy an Xbox Gift Card</a>, and you will get an instant email delivery. Use your preferred cryptocurrency and redeem this gift card in one of many available countries.



<h3>Twitch</h3>



<figure class="wp-block-image"><img src="https://lh3.googleusercontent.com/N_2p7dmzN7jcL2_mD8lrR68zLstrczrKgQkjv6B6NilDx9ZS2ANSRHf8UKouzKomAFfEBgh_NGCTkRpAJtv3Lx12KLVeqs9pu7aXJSny_ap7Md6EMU1YA32CyidpnnEvgV9QVEJBPPIw52nUBQ" alt="Buy Twitch subscriptions with bitcoin
"/></figure>



If you have a favorite gamer, you could probably learn something by watching their streams. Thousands of streamers share their live content through Twitch. Millions gather to watch, chat, comment, and show some love and support for their favorite streamers by subscribing to their channels. Do that and more with a <a href="https://coingate.com/gift-cards/twitch" target="_blank" rel="noreferrer noopener">Twitch gift card</a>!



<h3>Google Play / Apple App Store &amp; iTunes</h3>



<figure class="wp-block-image"><img src="https://lh4.googleusercontent.com/492riGzwnZveZJwFOvFxSGTC6Ku5tu6Dng5ApPR9tTfN6I-X89m47kQd89BoWzF8DQgMJuaqpKwvPFVPFWLFUb85XjDY7Zfydc36Aa1gIJKZ9NXkdLHNg3WjxFwq0tH0tBdk_2NOajrQPWO3mQ" alt="Buy games, books and more with Google play gift card"/></figure>



If you prefer mobile games over PC games, then <a href="https://coingate.com/gift-cards/google-play" target="_blank" rel="noreferrer noopener">Google Play</a>, <a href="https://coingate.com/gift-cards/itunes" target="_blank" rel="noreferrer noopener">Apple App Store &amp; iTunes gift cards</a> might be what you need. Play your favorite mobile games, listen to music, read an e-book, or watch a movie right on your phone with either Google Play (for Android users) or Apple App store gift cards!



<h3>Razer Gold</h3>



<figure class="wp-block-image"><img src="https://lh4.googleusercontent.com/oBPs0UMTioXgeiM9tGKCjulO2DvLylpDcM1wb0xlPxFw9wg7hRRbnoagS30yllb0B-35GUvMVMS3mdMN8Vs5wPgC8iQpTwPVkWP-iuI_SO6aTNq52GPANs0KIXi6LhVA_nK9MO9QzYju_EotIw" alt="Use cryto to buy in game materials with Razer Gold gift card"/></figure>



Gamers who would love to step up their game and buy in-game materials, like weapons, skins, additional maps, etc., should really enjoy the <a href="https://coingate.com/gift-cards/razer-gold-rixty" target="_blank" rel="noreferrer noopener">Razer Gold gift card</a>! Gamers worldwide use the unified virtual Razer Gold credits to purchase games and entertainment items. Use bitcoin or other popular altcoins to buy a Razer Gold gift card and join them.



<h3>Eneba</h3>



<figure class="wp-block-image"><img src="https://lh4.googleusercontent.com/iVvq7ZNjfqM4LVMSh_LmmeEq2DSVvQm27QqMj23T4tZrPf6oHn8qx4o9dR_UNmX2G_ITPD8UQyApUKFlRYXY2dTiZEMlfRmdd8n2u9z2ZJ6cdTqTsMrjsiV7gh0ed0-2emG0d_kl-xclj_Tb5A" alt="Buy games and gaming accessories with Eneba gift cards"/></figure>



Eneba is heaven for every gamer out there. PlayStation, Xbox, Nintendo games, game subscriptions, consoles and gaming accessories, PC games, and even PC parts are all in there! <a href="https://coingate.com/gift-cards/eneba" target="_blank" rel="noreferrer noopener">Eneba gift card</a> can fulfill all your desires and gaming needs, and it’s all available for bitcoin payments.&nbsp;



<h3>Roblox</h3>



<figure class="wp-block-image"><img src="https://lh6.googleusercontent.com/cBWtVHynW05oyNBkOyLOFett7I5fP3li_mCoriyNIR8NA-XnLaONoLjxcRAGBgCjF1fD7WA0kaIzUa01qkNwsXHASOhFu4LpgG-Ruh7JPLEulViSt-cHnc4Wqf9IypzFGewbBP2axtbIf_nP8A" alt="Create games with Roblox gift cards. "/></figure>



Roblox strongly believes that the world can unify through play. It’s a platform where you can play games, create experiences and build a game yourself! Roblox is not like anything you’ve seen before. It is more like a PC platform Steam, but where people come to play and develop various miracles, which we call games. With a <a href="https://coingate.com/gift-cards/roblox" target="_blank" rel="noreferrer noopener">Roblox Gift Card</a>, you can create a world of your own.&nbsp;



<h3>Blizzard</h3>



<figure class="wp-block-image"><img src="https://lh3.googleusercontent.com/Nv8wcEuA-htR7mi1IqwmFWI18PURxSXxMh-V6Qn2uRaao-GFmOo8eQiQJd0Nf_IRu43knL_QKnOf1AbT960-UuRfOi0marpWKgzNghADsdhD3SX5nGH-foy1n9dhu06Zu4QnEbYk-CvbPiQZ5A" alt="Use crypto to buy video games with Blizzard gift cards"/></figure>



Have you ever played games like World of Warcraft or Diablo? Gaming giant Blizzard Entertainment created these legends and thousands of other games. With a <a href="https://coingate.com/gift-cards/blizzard-entertainment-usa" target="_blank" rel="noreferrer noopener">Blizzard gift card</a>, you can find new gems to play and dive into a fantasy world.



<h3>Fortnite V-bucks</h3>



<figure class="wp-block-image"><img src="https://lh6.googleusercontent.com/k_QCcPtryRFu0z64n9VIS7gDEDILTBJgCDOtORjmxo2K0isKNNGTlEa1RQjelKmg12ou9UIlX5oOjtqp8TkAOLuFEHZSLRA8vKs0viotYUa1r2bQqn6MmMLWBb7Nd20M3PDjsHu7_g7gqwOJyQ" alt="Use bitcoin and other cryptocurrencies to buy Fortnite gift card"/></figure>



From kids to adults – everyone enjoys a good battle royale from time to time. Use virtual currencies to buy a <a href="https://coingate.com/gift-cards/fortnite" target="_blank" rel="noreferrer noopener">Fortnite gift card</a> and enjoy the play! Fortnite gift voucher allows you to convert this into V-Bucks, a type of in-game currency used to purchase items for characters like outfits, wraps, emotes, and Battle Passes.



<h3>Mobile Legends Diamonds</h3>



<figure class="wp-block-image"><img src="https://lh6.googleusercontent.com/d2h7EeCuYIUs3--NwzCu_jEl8dTrMQlTge84i0U56WBACiI1pfebpc0TcacqIPT6lqjzdugPBjG91BzmRuYvgUOZZk-8ghC9_rV_Y5IlH8jY0-EYIw3Wmcyzziun7S7T07B9U5EScg-jAhZ7gQ" alt="Become a real champ of Mobile Legends with a Mobile Legends gift card!"/></figure>



Mobile Legends (ML) is a mobile multiplayer battle arena game. Become a real champ of Mobile Legends with a <a href="https://coingate.com/gift-cards/mobile-legends" target="_blank" rel="noreferrer noopener">Mobile Legends gift card</a>! Redeem it to ML Diamonds (in-game credit) and unlock premium content and gaming accessories like skins, rewards, passes, etc.



<h3>League Of Legends</h3>



<figure class="wp-block-image"><img src="https://lh4.googleusercontent.com/6JJ_HGk8ODIoJXCaFKAVUfLNB-sfmC2HAh2BlXTztmkVTwTb7FOJilpGgXPgTIX0T_cVEMXSmNIyIaOnDQr9nTQIuM6FhPcnyaHKMnz3zRYnvTZsjJ1onLQvbvg-sRVRyTxTiCC7etcuyTbn2Q" alt="Play League of Legends and customize your character with League of legends gift card
"/></figure>



League of Legends is a multiplayer online game. Choose your fighter, lift up your team’s spirit and win the battles! Customize your character with in-game purchases and build your way to the top with a <a href="https://coingate.com/gift-cards/league-of-legends" target="_blank" rel="noreferrer noopener">League of Legends gift card</a>.



<h2>Platforms Selling Games for Crypto</h2>



For crypto HODL’ing PC and console gamers out there, we provide a list of video game retailers that are already accepting Bitcoin payments.



Although, companies that use our payment gateway accept over 70+ cryptocurrencies. Ether, Litecoin, Bitcoin Cash, NANO, Tron, and other major altcoins included. Buy video games at thousands of online vendors worldwide.



Let’s jump right into it:



<h3>GAMIVO</h3>



<figure class="wp-block-image"><img src="https://lh6.googleusercontent.com/2BqSKQynU_6vvSeRr0yk1T8MDDLCrDucWajVyHsrCBf9E2u1lUC1tUtPtrmz6CPtJoM1s7UmqqIvY9Wcw4vq98B4oHoX1LQveK39cRHK0zLDxkbAbm0iQHUb-oMRr38jWdToifyNrXe-Ty33Uw" alt="GAMIVO marketplace for gamers accept Bitcoin payments
"/></figure>



<a href="https://www.gamivo.com/" target="_blank" rel="noreferrer noopener">GAMIVO</a> is quite a global marketplace. As it says on their website, it is a platform run by gamers for gamers. In fact, it seems like you can find anything there. An endless list of PC games, PSN cards, Microsoft products, Amazon gift cards, and so on.



<h3>GamesOnly.at</h3>



<figure class="wp-block-image"><img src="https://lh5.googleusercontent.com/qB3zzGkKgeplivow2FMxDuLQ6HwWK-_WQkB9u6mP5P5Q1SFx9DOryvQKsC48Ouoa9I1PGK_QPcyG_2cay7mROwO_FTE1B5COjfkKXURiiROSUPPM7cLlev2ih0FiSkoNjO8WsXZBkET2LkT_IA" alt="Crypto-friendly video games platform GamesOnly.at
"/></figure>



If you are more of a hard-copy type of person,<a href="http://gamesonly.at" target="_blank" rel="noreferrer noopener"> GamesOnly.at</a> is a go-to place. It is yet another crypto-friendly retailer that mainly focuses on serving German-based customers but is definitely not limited to them. They offer video games for PC, PS4, Xbox One and Switch, and even older consoles. Additionally, they sell video game-related merchandise.



<h3>Skinbay</h3>



<figure class="wp-block-image"><img src="https://lh3.googleusercontent.com/VCf7wvkUfkIT6CcMw9q_HrXGcr-H-EA9s5I0s7ky6fTmKnbapcQ4f2zH4Ti0e_boIF5D0JbufH1YIIMCVRGn4sF9Pwwf_UXFX2FIup-PmLJaJRHDS2xcu8htwS77cW50p_FC4AYI8dbhnoPHHA" alt="CS:GO, DOTA 2, Team Fortress, Rust, and Z1 Battle Royal games from Skinbay available with bitcoin
"/></figure>



It’s important to note from the start that <a href="https://skinbay.com/" target="_blank" rel="noreferrer noopener">Skinbay</a> does not sell video games in particular. Instead, it is a marketplace dedicated to Steam items for CS:GO, DOTA 2, Team Fortress, Rust, and Z1 Battle Royal games. Boasting of a stunning item variety, this site will not disappoint those looking to obtain or sell the rarest skins, weapons, clothing, or any other item available in mentioned games.



<h3>IndieGala</h3>



<figure class="wp-block-image"><img src="https://lh6.googleusercontent.com/u6-mLwnubmZOFI3Pa1kkMKHsY87ROlxcfuOqLqVXN7q6PisnGniVox2Ll8cZEmmPyaf2BP1pfEJGOUFx6H9FYHA4KL5tsDNU0YmWGuytDOaXrYZIdsTw5hm6dlxQQMeCf9r7iSGHH8PD-6DBXw" alt="Buy video games with crypto from IndieGala"/></figure>



<a href="https://www.indiegala.com/browse" target="_blank" rel="noreferrer noopener">IndieGala</a> works with more than 300 publishers and individual developers such as BANDAI NAMCO Entertainment, Techland, Deep Silver, and more. The company sells Steam game keys and bundles for PC, constantly offering amazing deals. The good thing is that the discounts can get even bigger if you pay with cryptocurrency.



<h3>DailyIndieGame</h3>



<figure class="wp-block-image"><img src="https://lh4.googleusercontent.com/RAkC2PgwHd_jKGsYKEKpbo7EFEg3UDTGsfPS7LsGJQ7P75Rp4-3B7fwKkvACuHeb0jM1uFMDZakr_FXUn1yV-z2EBPAciFo_W6mj7FSaMxaXDejG_qPv7z3WZfTh-1-ikTWWbhoTgZl62xIMlg" alt="DailyIndieGame games available with bitcoin
"/></figure>



This particular video game retailer mainly sells Steam keys for PC games. But more importantly, you can find plenty of games there that cost just a few pennies with a 98% discount label!



Also, as the name suggests, <a href="http://www.dailyindiegame.com/site_list_topsellers.html" target="_blank" rel="noreferrer noopener">DailyIndieGame</a> also focuses on selling and publishing various Indie games. So, in a way, DailyIndieGame is not only a retailer but also an established publisher of video games.



<h3>G2A</h3>



<figure class="wp-block-image"><img src="https://lh6.googleusercontent.com/JoZV8oP4WLn1YujbRYe6OtJpkX0D-Pw0jVCmNROLuVGVbFyV6BvggKpJaQWKYo75yAd8Qe2VBVagY1pRzS2vmO1bQ41emGv8ycBG6EcR29SYe7gKWbMYsbGkz-M1E2vsT3SRpAGZb6IgLkoovQ" alt="Purchase keyboards, mice, headphones, and a bunch of other things with bitcoin"/></figure>



One of the biggest retailers on this list, <a href="https://www.g2a.com/" target="_blank" rel="noreferrer noopener">G2A</a> does not limit itself to just video games. There you can purchase keyboards, mice, headphones, and a bunch of other things. But when it comes to the gaming merchandise, G2A fails to disappoint.



Not only do they sell the most recently released video games on PC, Xbox One, and PS4, but also a variety of other gaming-related goods and services. It includes subscriptions, gift cards, board games, online gaming courses, and even software for creating video games.



<h2>Gaming and blockchain going toe-to-toe</h2>



The gaming industry was always upfront with the technology. By choosing to accept cryptocurrencies, game retailers make one more step towards the future by introducing gamers to a wider variety of modern payment options.



Our hope is that, in time, blockchain technology will welcome even more companies to avail of its benefits. Until then, keep up with the news as more is always coming.

It might take some time for gaming platforms like Steam or PlayStation to accept crypto as a payment method. Use Bitcoin to buy in-game items, levels, subscriptions, game credits, and more with gift cards.

How to buy video games with Bitcoin (and altcoins) for PC and consoles

If you’re looking for a way to swap cryptocurrencies without going through crypto exchanges or DeFi products, you’re in the right place.



<figure class="wp-block-image size-large"><img loading="lazy" width="1024" height="530" src="https://wp-blog-assets.coingate.com/2022/06/c5b18b5e-howtoswap_blog-1024x530.png" alt="swap crypto on coingate" class="wp-image-5931" srcset="https://wp-blog-assets.coingate.com/2022/06/c5b18b5e-howtoswap_blog-1024x530.png 1024w, https://wp-blog-assets.coingate.com/2022/06/c5b18b5e-howtoswap_blog-300x155.png 300w, https://wp-blog-assets.coingate.com/2022/06/c5b18b5e-howtoswap_blog-150x78.png 150w, https://wp-blog-assets.coingate.com/2022/06/c5b18b5e-howtoswap_blog-768x397.png 768w, https://wp-blog-assets.coingate.com/2022/06/c5b18b5e-howtoswap_blog-1536x794.png 1536w, https://wp-blog-assets.coingate.com/2022/06/c5b18b5e-howtoswap_blog.png 1856w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



CoinGate allows swapping 12 cryptocurrencies to 28 assets with over 250 pairs for a 0% fee. Make a single transfer from your wallet and receive the asset to your provided crypto address.&nbsp;



This step-by-step guide showcases the swapping process and briefly explains how it works.&nbsp;



<h2>Exchanging cryptocurrencies: a step-by-step guide</h2>



Swapping cryptocurrencies on CoinGate is easy. Once you <a href="https://dashboard.coingate.com/register" target="_blank" rel="noreferrer noopener">create a personal account</a> and <a href="https://coingate.com/blog/post/verify-trader-account-guide" target="_blank" rel="noreferrer noopener">verify your identity</a>, go to your account dashboard, select the “Trader->Buy &amp; Sell” menu section and choose the “Exchange” option, or <a href="https://dashboard.coingate.com/account/trader/trade#swap" target="_blank" rel="noreferrer noopener">click here</a> to begin.



<figure class="wp-block-image"><img src="https://lh6.googleusercontent.com/lr3OkDXrxI7nw99OzUyBeOH1CGnXo5nElNLcdFm2JNMuYb7d576p2rDi7OsuDX4ClUXoAKLgnhj2lxSxBnCKvn3wveuLsjxOJErKnnYY_phak8RjQzvn1Kw7KGNBeWKmAjPp-706Qo4VRJ-E5A" alt="buy and sell"/></figure>



<h2>#1: Select coins to swap</h2>



The first step is to select cryptocurrencies that you wish to swap.&nbsp;



<figure class="wp-block-image"><img src="https://lh4.googleusercontent.com/Rvc0nRUSZrrUMnMX__IEWVLeMmkTBXLPdG4gubJsifQ3ky81ado-aKYs9HCjpyJ9bljafP7PFIbTBBHT2EwrdGD5uFRqB9GxfrpIvUv1AK3UtPYJbURXWP5Ss62x9lIDADKZ8aGmlLENvHb5UA" alt="select coins to swap"/></figure>



You can swap any of these coins…&nbsp;



Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), Tether (USDT), Bitcoin Vault (BTCV), Binance USD (BUSD), Dogecoin (DOGE), Litecoin (LTC), Bitcoin Cash (BCH), TRON (TRX), and Dai (DAI).



…to any of these coins:



Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), Tether (USDT), XRP, Dogecoin (DOGE), Chainlink (LINK), Wrapped Bitcoin (WBTC), Litecoin (LTC), Basic Attention Token (BAT), Bitcoin Cash (BCH), TRON (TRX), Dai, BitTorrent [OLD] (BTTOLD), Nano (XNO), USDC, Binance USD (BUSD), Filecoin (FIL), The Graph (GRT), Loopring (LRC), Decentraland (MANA), Maker (MKR), Waves (WAVES), Compound (COMP), Crypto.com Coin (CRO), Axie Infinity (AXS), and The Sandbox (SAND).



<h2>#2: Enter the sell/receive amount and review payment details</h2>



Enter the amount to sell or the amount to receive in respective cryptocurrencies. It does not matter which one you enter first – the exchange rate will be calculated and presented to you in the “Order Details” section either way. You will also notice that the exchange rate is locked for one minute.



Order details will also include the service fee, which is 1% of the total amount deducted from the sent amount.&nbsp;



<figure class="wp-block-image"><img src="https://lh6.googleusercontent.com/G-srQ4fnQIaMOTNwIkYhc_x1jqMasKWZUy1bA0wqDCNEnvmsbJSv9wQv00WqwWVCfjlJKtq0aL2u-XBQ-B-zdlidrYWK4ZpGzbGRlJwPVUotwRRHJr3c9YLhKFTGowMEFzHNpgmHZ_eWmow31A" alt="payment details"/></figure>



When done, click “Continue”.



<h2>#3: Make a payment from your wallet</h2>



After clicking the “Continue” button, an invoice will appear. That’s when you need to make a payment. Scan the QR code or copy and paste the receiving address to your wallet, then send the exact amount shown on the invoice.&nbsp;



After the invoice is generated, the exchange rate will remain locked for another 20 minutes. Note that if your payment does not clear in 20 minutes, the exchange rate will be recalculated.



The invoice will detect the incoming payment automatically, and the automated message will let you know that the payment has been received. Your balance will appear in the “Balances->Accounts” menu section.



<div class="wp-block-image"><figure class="aligncenter"><img src="https://lh3.googleusercontent.com/4gsKK9S8EcyPecmMu-U-76CeYT5moLGzeVci210TNrirhPSqI8CQGEVBnKma4mfAG9P9ZI9yMDxfCOUVctrCU4WwkNJtpFNwxR2ABv7KiqYw7IHW-fuz7nL_kDXvK3qlbpJAdbT5TKz0VoAE0Q" alt="coingate invoice"/></figure></div>



To avoid any potential issues, it is recommended that you make a payment from a wallet rather than an exchange.&nbsp;



There are two reasons for it. First, payments made from an exchange account could arrive later, which would result in a different exchange rate. Second, exchanges might charge a withdrawal fee from the amount sent, which would mean that the payment would not be paid in full.



<h2>#4: Add a payout address</h2>



If this is your first time using the service, you’ll need to add a payout setting for the cryptocurrency you’ll receive after the swap is done.&nbsp;



In this example, you’d need to attach a bitcoin address to your CoinGate payout settings. You only need to do it once, and you’ll be able to use it later again.



Go to the “Account Settings->Payout Settings” menu section, click “Create a new payout setting” and select “Bitcoin” (or, in your case, a particular cryptocurrency you’re swapping for).



<figure class="wp-block-image"><img src="https://lh3.googleusercontent.com/HnjNEdG5yV6TNH7qMtvthauH0mpOiuIx6Sq0VEJNhhxs5xJQGR3DHFjGBmf9pGTqomT17eQ9MCs-7ukpJBas5RJgIyHWfeb6rX0g6I2SB_QxWBuRhlf4wTUS4-vJcnJ9l2u6qwHvfK791J2gLA" alt="payout crypto address"/></figure>



Then, fill in the information required to set up a payout setting: select currency network, add title, wallet address, and 2FA code (two-factor authentication).&nbsp;



When done, click the “Save payout setting” button. You will get a confirmation email in your inbox. Please confirm the payout setting for it to activate.



<h2>#4: Withdraw the funds</h2>



The funds will appear in your CoinGate balance when the payment is confirmed. To withdraw, go to the “Balances->Accounts” menu section on your dashboard and click the “Withdraw” button.&nbsp;



<figure class="wp-block-image"><img src="https://lh5.googleusercontent.com/3UvN7-7gVOYah_Dvg8644E6xrkEVSPx10i_DI_HHvpG8LDkhO6v6yKJO_IW5TJ_wzP0xc58FSDWuDzJsgOGdjk7--1MxcRyiHZnGXwErE7so3BOfjPW1vaRbqff96DNnrI5VdGUA9ngR9et1Dw" alt="fund withdrawal"/></figure>



The funds will be transferred to your wallet that you indicated in the payout settings.



Are you also interested in buying crypto on CoinGate? If so, <a href="https://coingate.com/blog/post/how-to-buy-bitcoin-litecoin-xrp-on-coingate" target="_blank" rel="noreferrer noopener">this guide</a> might be handy.



If you have any additional questions, please consult our <a href="https://support.coingate.com/hc/en-us" target="_blank" rel="noreferrer noopener">FAQ page</a> for more information, or contact our support team at support@coingate.com.

Swap Bitcoin, Litecoin and +25 more cryptocurrencies without using crypto exchanges or DeFi products. Here's a step-by-step guide.

How to swap one cryptocurrency for another on CoinGate | CoinGate

How to swap one cryptocurrency for another on CoinGate

Getting familiar or, even better, comfortable with bitcoin can take you a long way, assuming that the most popular cryptocurrency in the world will remain no less relevant and will continue to pave the way for the next-generation financial structures.



<figure class="wp-block-image size-large"><img loading="lazy" width="1024" height="530" src="https://wp-blog-assets.coingate.com/2022/05/a9fd73ac-howtouse_btc_blog-1024x530.png" alt="how to use bitcoin" class="wp-image-5883" srcset="https://wp-blog-assets.coingate.com/2022/05/a9fd73ac-howtouse_btc_blog-1024x530.png 1024w, https://wp-blog-assets.coingate.com/2022/05/a9fd73ac-howtouse_btc_blog-300x155.png 300w, https://wp-blog-assets.coingate.com/2022/05/a9fd73ac-howtouse_btc_blog-150x78.png 150w, https://wp-blog-assets.coingate.com/2022/05/a9fd73ac-howtouse_btc_blog-768x397.png 768w, https://wp-blog-assets.coingate.com/2022/05/a9fd73ac-howtouse_btc_blog-1536x794.png 1536w, https://wp-blog-assets.coingate.com/2022/05/a9fd73ac-howtouse_btc_blog.png 1856w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



As of now, it seems that bitcoin is not going away anytime soon or likely ever. On the contrary, the momentum it carries implies that the King of crypto is here to stay, and the best thing you can do is learn how to use it.&nbsp;



Some might say it’s a steep learning curve, and it’s true – many questions need to be answered before one starts to wrap his head around this entirely new breed of assets.



What do you need to start using bitcoin? What is crucial to understand about bitcoin before buying it? How do you obtain and secure it? Is there a way to spend bitcoin, and where?&nbsp;



We will answer all of these and other frequent questions with the aspiration to bootstrap your lifelong bitcoin journey and prepare you for the imminent future, all in our best effort.&nbsp;



Just know that you don’t need to understand bitcoin deeply to use it in your daily life, just like you don’t need to understand how Twitter or YouTube works. But it’s healthy to know at least something, and that’s what this article is all about.



<h2>So what is bitcoin, anyway?&nbsp;</h2>



To quote the famous <a href="https://bitcoin.org/bitcoin.pdf" target="_blank" rel="noreferrer noopener">Bitcoin whitepaper</a> written and published in 2009 by a mysterious figure known only as Satoshi Nakamoto, Bitcoin is “a purely peer-to-peer version of electronic cash (that) would allow online payments to be sent directly from one party to another without going through a financial institution.”



<figure class="wp-block-image size-large"><img loading="lazy" width="1024" height="530" src="https://wp-blog-assets.coingate.com/2022/05/ed8ef0eb-howtouse_btc_blog_image1-1024x530.png" alt="what is bitcoin" class="wp-image-5885" srcset="https://wp-blog-assets.coingate.com/2022/05/ed8ef0eb-howtouse_btc_blog_image1-1024x530.png 1024w, https://wp-blog-assets.coingate.com/2022/05/ed8ef0eb-howtouse_btc_blog_image1-300x155.png 300w, https://wp-blog-assets.coingate.com/2022/05/ed8ef0eb-howtouse_btc_blog_image1-150x78.png 150w, https://wp-blog-assets.coingate.com/2022/05/ed8ef0eb-howtouse_btc_blog_image1-768x397.png 768w, https://wp-blog-assets.coingate.com/2022/05/ed8ef0eb-howtouse_btc_blog_image1-1536x794.png 1536w, https://wp-blog-assets.coingate.com/2022/05/ed8ef0eb-howtouse_btc_blog_image1.png 1856w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



But that’s just a glimpse of what it’s supposed to be. The idea of the Bitcoin network was conceived in the aftermath of the financial crisis of 2008 in hopes of providing humanity with the means to transfer money without being dependent on financial institutions or governments and protect wealth from the never-ending inflation (or collapse) of government-backed currencies.&nbsp;&nbsp;



With all that in mind, the Bitcoin network was designed using blockchain technology to intentionally be predictable, decentralized, permissionless, censorship-resistant, and immutable.



On top of it, bitcoin as a currency unit also emits all the <a href="https://coingate.com/blog/post/bitcoin-best-monetary-system" target="_blank" rel="noreferrer noopener">properties of regular money</a>: it’s divisible, portable, durable, acceptable, limited in supply (scarce), fungible, and liquid, among several other unique features. As a result, there’s no reason why it can’t be used to pay for goods and services just like regular cash, as long as merchants accept it for payment.&nbsp;



Today, bitcoin has proven itself a viable alternative to regular currencies and many traditional financial instruments. It continues to be adopted even on a national scale in several countries as an official legal tender.



<h2>The importance of bitcoin in today’s world</h2>



<figure class="wp-block-image size-large"><img loading="lazy" width="1024" height="530" src="https://wp-blog-assets.coingate.com/2022/05/0ad6d0e0-howtouse_btc_blog_image2-1024x530.png" alt="why btc is important" class="wp-image-5886" srcset="https://wp-blog-assets.coingate.com/2022/05/0ad6d0e0-howtouse_btc_blog_image2-1024x530.png 1024w, https://wp-blog-assets.coingate.com/2022/05/0ad6d0e0-howtouse_btc_blog_image2-300x155.png 300w, https://wp-blog-assets.coingate.com/2022/05/0ad6d0e0-howtouse_btc_blog_image2-150x78.png 150w, https://wp-blog-assets.coingate.com/2022/05/0ad6d0e0-howtouse_btc_blog_image2-768x397.png 768w, https://wp-blog-assets.coingate.com/2022/05/0ad6d0e0-howtouse_btc_blog_image2-1536x794.png 1536w, https://wp-blog-assets.coingate.com/2022/05/0ad6d0e0-howtouse_btc_blog_image2.png 1856w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



So how come countries such as El Salvador, Panama, and the Central African Republic already made bitcoin their national currency? Why do companies like MicroStrategy and Tesla pour billions of US dollars into bitcoin without ever dumping or planning to dump it back into the market? What’s the catch here?



<h3>Why do countries use bitcoin?</h3>



As it pertains to the countries above that have adopted bitcoin over the past year, the reason is relatively simple – to become less reliant on foreign national currencies, such as the US dollar.&nbsp;



It is especially relevant for developing countries that have weak currencies and are much more vulnerable to alien market changes that could lead to rampant inflation, as seen many times in the past in countries like Zimbabwe or Venezuela.



By adopting bitcoin as a legal tender, such countries immediately become part of a global economy and are less influenced by local market conditions, questionable political decisions, or economies of other countries.&nbsp;



In addition, bitcoin provides inclusivity for businesses and individuals to participate in the financial landscape without relying on traditional banks and financial service providers.&nbsp;



<h3>Why do companies use bitcoin?</h3>



Recently, more and more companies began adding bitcoin to their balance sheets as a diversification strategy.&nbsp;



The business intelligence firm MicroStrategy boasts of the largest allocation to bitcoin. Today, the company has approximately 125,051 BTC on its balance sheet. Michael Saylor, MicroStrategy’s Chairman &amp; CEO, justifies this move by providing several compelling arguments favoring bitcoin as a superior asset class.



To briefly sum up M. Saylor’s convictions, bitcoin’s fundamentals provide means to securely store and grow wealth long-term better than any other existing asset (including gold) and, as a result, counter the adverse effects of the inflation of the US dollar.&nbsp;



For a company that has a problem of billions of US dollars just sitting idle on a balance sheet, bitcoin and its scarcity serve as a lifeboat that can safeguard it from slow, inevitable diminishing of its value, as long as one doesn’t mind bitcoin’s short-term volatility.&nbsp;



Companies are also becoming keener to accept bitcoin payments for several other reasons. Reasons are as follows:



<ul><li>Businesses can receive payments with no delays from any corner of the world;</li><li>They also cut several unnecessary middle-men from the payment process;</li><li>Businesses also collect and share fewer data about their customers;</li><li>Accepting bitcoin helps to save money on transaction and banking fees;</li><li>Companies do not have to worry about fraudulent chargebacks on purchases when accepting bitcoin;</li><li>By accepting bitcoin, merchants can attract a broader spectrum of customers;</li><li>Offering to pay with bitcoin can give you a competitive advantage over your competitors.</li></ul>



If you’re interested in learning more about the benefits of bitcoin payments for businesses, <a href="https://coingate.com/blog/post/why-should-business-accept-crypto" target="_blank" rel="noreferrer noopener">read this article</a>.



But what’s the use of bitcoin for regular people like you and me?



<h3>Benefits of bitcoin for a casual person</h3>



Like companies that utilize bitcoin as a countermeasure to inflation, regular folks can do the same thing – accumulate hard-capped BTC using an ever-inflating fiat currency and, hopefully, increase your savings more effectively.&nbsp;



Besides that, there are more benefits that bitcoin brings to the table, especially when used as a payment currency.&nbsp;



People who use bitcoin to buy goods and services can retain anonymity when paying. Bitcoin transactions do not disclose any personal information about the payer and don’t require 3rd party services to execute the payment.&nbsp;



It’s also faster and cheaper to pay with bitcoin rather than wiring money internationally through a bank or money transfer services. And, if one uses <a href="https://coingate.com/blog/post/lightning-network-payments-intro" target="_blank" rel="noreferrer noopener">Lightning Network</a> to transfer bitcoin, the transactions become immediate and cost close to nothing to execute.



Lastly, bitcoin enables you to hold an immutable, unseizable asset and allows you to be responsible for your own money without depending on banks or other legacy financial institutions.&nbsp;



<h2>What do you need to get involved in bitcoin?</h2>



Becoming part of the bitcoin community poses no real challenges. It’s as simple as creating a wallet, buying bitcoin, and storing it safely.&nbsp;



<figure class="wp-block-image size-large"><img loading="lazy" width="1024" height="530" src="https://wp-blog-assets.coingate.com/2022/05/805a8759-howtouse_btc_blog_image3-1024x530.png" alt="" class="wp-image-5887" srcset="https://wp-blog-assets.coingate.com/2022/05/805a8759-howtouse_btc_blog_image3-1024x530.png 1024w, https://wp-blog-assets.coingate.com/2022/05/805a8759-howtouse_btc_blog_image3-300x155.png 300w, https://wp-blog-assets.coingate.com/2022/05/805a8759-howtouse_btc_blog_image3-150x78.png 150w, https://wp-blog-assets.coingate.com/2022/05/805a8759-howtouse_btc_blog_image3-768x397.png 768w, https://wp-blog-assets.coingate.com/2022/05/805a8759-howtouse_btc_blog_image3-1536x794.png 1536w, https://wp-blog-assets.coingate.com/2022/05/805a8759-howtouse_btc_blog_image3.png 1856w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h3>Choosing a bitcoin wallet</h3>



There are countless various wallets that you can use. As long as you own your private key (a.k.a. the only thing that can allow access to bitcoin that the wallet stores), you’re good to go. One of the main differences to look out for is whether the wallet is considered hot or cold.



In essence, wallets that are connected to the internet are called hot wallets. On the contrary, all wallets kept away from the Internet connection are considered cold wallets.



<h4>Hot wallets</h4>



Hot wallets are helpful for everyday use, like buying goods and services, sending crypto to friends or family, moving coins to an exchange, etc. These typically come in free and easily accessible software, such as a mobile app.



<h4>Cold wallets</h4>



On the other hand, cold wallets, or cold storage, are physical hardware wallet devices designed for far more secure, long-term BTC storage. Although anything can be considered a cold wallet – even a piece of paper with a private key written on it would be classified as such.



Learn more about types of <a href="https://coingate.com/blog/post/wallet-hot-cold-meaning" target="_blank" rel="noreferrer noopener">hot and cold wallets</a>.



<h3>Ways how to buy bitcoin</h3>



When it comes to acquiring bitcoin, it can be done in several different ways. Buying bitcoin is feasible with a bank account, <a href="https://buy.coingate.com/" target="_blank" rel="noreferrer noopener">credit or debit card</a>, or by exchanging other cryptocurrencies for it.



CoinGate offers every single method to <a href="https://coingate.com/buy-and-sell">buy bitcoin</a> and other cryptocurrencies directly to the wallet of your choice.&nbsp;



<a href="https://coingate.com/blog/post/how-to-buy-bitcoin-litecoin-xrp-on-coingate" target="_blank" rel="noreferrer noopener">Learn more</a> about buying bitcoins on CoinGate.



<h3>Storing and securing bitcoin</h3>



Another important aspect of choosing a wallet is understanding whether it is custodial or non-custodial.&nbsp;



A custodial wallet refers to a type of wallet where a third party holds private keys on behalf of users and is considered less safe. On the opposite side, non-custodial wallets allow users to hold their private keys on their own.



For any bitcoin user, it’s recommended to have a cold wallet for long-term storage and a non-custodial hot wallet for daily use.&nbsp;



Custodial wallets (such as exchanges) are usually transitory and are not recommended to store wealth for a long time. Being centralized, they are vulnerable to multiple risks that non-custodial wallets are not, and wallet service providers always have an option to seize your assets if deemed necessary.



As the famous saying goes, ‘not your keys, not your coins’, so be mindful.



<figure class="wp-block-image size-large"><img loading="lazy" width="534" height="1024" src="https://wp-blog-assets.coingate.com/2022/05/d1a153ea-howtouse_btc_blog_infographic-534x1024.png" alt="how to use bitcoin infographic" class="wp-image-5893" srcset="https://wp-blog-assets.coingate.com/2022/05/d1a153ea-howtouse_btc_blog_infographic-534x1024.png 534w, https://wp-blog-assets.coingate.com/2022/05/d1a153ea-howtouse_btc_blog_infographic-156x300.png 156w, https://wp-blog-assets.coingate.com/2022/05/d1a153ea-howtouse_btc_blog_infographic-78x150.png 78w, https://wp-blog-assets.coingate.com/2022/05/d1a153ea-howtouse_btc_blog_infographic-768x1472.png 768w, https://wp-blog-assets.coingate.com/2022/05/d1a153ea-howtouse_btc_blog_infographic-801x1536.png 801w, https://wp-blog-assets.coingate.com/2022/05/d1a153ea-howtouse_btc_blog_infographic-1068x2048.png 1068w, https://wp-blog-assets.coingate.com/2022/05/d1a153ea-howtouse_btc_blog_infographic.png 1856w" sizes="(max-width: 534px) 100vw, 534px" /></figure>



<h3>How and where to spend bitcoin?</h3>



Once you have your bitcoin in your wallet, it’s up to you what to do next. The good news is that you can spend it at any time for pretty much anything you can imagine.&nbsp;



Numerous companies worldwide accept bitcoin for payments. You can find plenty of such merchants on the <a href="https://coingate.com/stores" target="_blank" rel="noreferrer noopener">CoinGate merchant directory</a>.



However, even if a merchant doesn’t accept bitcoin, you can always <a href="https://coingate.com/gift-cards/" target="_blank" rel="noreferrer noopener">buy a branded gift card with bitcoin</a> from the CoinGate gift card store and then spend it where you want. Choose from hundreds of gift cards from the most popular brands in the world and enjoy living on bitcoin.



Not sure how to make a payment with bitcoin? Here’s a <a href="https://coingate.com/blog/post/how-to-pay-bitcoin-invoice" target="_blank" rel="noreferrer noopener">step-by-step guide</a>.



<h3>Can I convert bitcoin back to cash?</h3>



You can sell bitcoin for EUR or GBP on CoinGate at any time and receive payment to your bank account. Log into your account and go to Trading > Buy &amp; Sell, then click the ‘Sell’ button, or click <a href="https://dashboard.coingate.com/account/trader/trade#sell" target="_blank" rel="noreferrer noopener">here</a>.

Getting familiar or, even better, comfortable with bitcoin can take you a long way.

How to swap one cryptocurrency for another on CoinGate

Subscribe now

Bull vs. Bear Market: What’s the Difference?

Top cryptocurrencies to buy at CoinGate: The ultimate guide

CoinGate integrates the Shiba Inu token into its services

Subscribe to our Newsletter