Now that you’ve loaded your Wirex wallet, you might be wondering where to spend Bitcoin balances, or even how to spend Bitcoins. For first-time users, spending Bitcoins might seem strange. However, many vendors accept Bitcoin payments.
How to Spend Bitcoin
There are several merchants worldwide which accept Bitcoin payments for services and goods, and the list continues to grow. Some of the most popular merchants include:
- REEDS Jewelers
As more companies recognize the borderless benefits of accepting, holding and transacting in Bitcoin, consumer demand for the limited currency will continue to outpace supply. Wirex allows account holders to convert up to three currencies (USD, EUR, GBP) as well as a growing list of Altcoins into Bitcoin balances. Find out more on How to spend your Bitcoin.
Converting from Bitcoin to Local Currencies
Another popular way to spend Bitcoins is by converting them into local currencies and using your mobile wallet to access these balances via a virtual or plastic card.
The plastic Wirex card allows you to convert Bitcoin into FIAT and spend them using a traditional keypad payment processor. As with the application, authentication is by entering a PIN that is separate from the PIN you would use at the ATM.
Spend Bitcoin Anywhere
With so many online vendors accepting Bitcoin payments for goods and services and almost all offline vendors accepting the Wirex card in the same way they might accept Visa or debit with their PIN-and-chip machines, you really can spend Bitcoin converted into FIAT anywhere!