Things to buy in India using Bitcoin
Despite several warnings by Reserve Bank of India, many people are investing in Bitcoin in India. The high-ranking government officials have expressed their concern about Bitcoin and all the other blockchain-based technologies. So, if you have already invested in Bitcoins sitting in India and worried about it, be sure that there are many things that you can buy using Bitcoin. And the list is increasing day by day. It is said that Bitcoin is going to bring a revolution in the field of the world economy and if you want to be a part of that revolution, here is the list of things that you can buy using bitcoins in India:
1. You can do shopping in Amazon.in through Purse
Well, it sounds too good to be true, but you can purchase things in Amazon by using Bitcoin. Although, the process is bit circuitous. Amazon doesn’t accept Bitcoins directly, but you can utilize a facility called Purse to purchase products, which are available in e-commerce platform. Also, you can use ‘Name Your Discount’, which is program conducted by Purse where you can provide yourself with a well-ordered discount on Amazon gift card.
2. You can purchase household appliances, furniture and many more at Overstock
In 2014, Overstock was one of the first companies who started to accept Bitcoins after joining hands with Coinbase. Overstock allows you to buy thousands of products like engagement rings, coffee machines, bed linen and many more, by using Bitcoins. As Overstock has shipping facility to India, you can buy anything using Bitcoins, which are available in the list.
3. You can also buy a domain name and web host by NameCheap
If you are thinking of renewing your domain name or planning to start a blog, then you can have a look at NameCheap. It is one of the most well-known domain registrars and web-host that accepts payment through Bitcoin. You can look for some other names on the list apart from NameCheap like Hostinger, Host1Plus and HostWinds who accept Bitcoin as a mode of payment.
4. Movies, Games and Apps can also be bought by Bitcoin
One of the biggest companies to accept Bitcoin as a legitimate mode of payment is Microsoft. By using Bitcoin, you can buy MS office software or Windows 10 from the Windows store. Also, you can buy any of the games, which are above 1300, from Xbox using Bitcoins. But, keep in mind that Microsoft online store will not accept Bitcoin if you want to purchase something from it.
5. Mobile recharges can be done by Bitcoin wallets
Zebpay and Unicoin are the Bitcoin wallets, which you can use to recharge your mobile and DTH as well. Amongst others, these two are the most popular wallets, which can come handy when your mobile balance is over.
Bitcoin has experienced an astronomical growth within the last few years. And as a result of that, RBI and governments are scratching their brains and are planning to impose strict regulations about it. But, you don’t have to worry because it is not that easy. So, till then enjoy the privileges of Bitcoin as much as you want.