Wondering how to make use of bitcoin in India. No worries at all, there are numerous ways through which you can make use of bitcoin in India easily.
Since the time bitcoin has launched, it has grown remarkably in just a matter of few years. It has revolutionized the way we look at the information technology industry. Today there are over hundreds of cryptocurrency exchanges and trading platform available for use from all countries around the world. And there are millions of people who buy, sell or trade bitcoin every single day.
With the increase in value and demand of bitcoins, it was quite obvious that people, merchants, companies and online portals would start providing services and goods in exchange to bitcoins. And this had begun soon after the launch of bitcoins.
Fast forward to today there are plenty of things that you can do with the use of bitcoin in India. And below is the list to it.
12 ways you can make use of bitcoin in India
1. Buy from Amazon India
There are several websites and e-commerce platforms who provide their services and products in exchange to bitcoins. Millions of people have known to use these websites to buy products and services with the help of bitcoin and so you can too.
You can shop on Amazon using a third party service called Purse. Yes, that’s possible, Amazon in India is widely popular and there are thousands of products sold every single day. No wonder you have a list of things in your Amazon cart. And if you have bitcoins with you right now, you can make use of Purse to buy your products.
Purse is a service which helps in converting your bitcoins to Amazon gift cards. You can then use the gift card to complete your purchases in Amazon India.
2. Buy furniture and household appliances.
You can also buy furniture and household appliances at a furniture e-commerce website known as Overstock. This is one of the largest sites to have furniture and household appliances and they accept bitcoin too.
3. Buy games, movies, and apps
You can buy games, movies, and apps on Microsoft’s website. If you’re an Xbox user or if you are planning to buy games or apps to install and use in your windows operating system. Then you must know that you can buy them using bitcoins.
4. Buy books, electronic items, gift items, health care products, and toys
You can purchase books and study materials at a stationary niche e-commerce website. Sapna Online is a book and stationery retailer website which delivers its products to residents across India. Along with stationary, you can also find electronic items, gifts, toys, health care products etc listed for purchase.
5. Buy gift cards and gift vouchers to the top e-commerce websites in India
Nafa.in is a gift card, gift voucher provider, which allows you to convert your bitcoin into gift cards of Amazon, Flipkart, Shoppers Stop, Myntra, BookMyShow, PVR Cinemas, Nike, Pizza Hut, Fastrack, Hidesign etc.
6. Recharge your mobile and pay bills
You can also recharge your mobile with the help of Unocoin and Zebpay wallets. These are Indian cryptocurrency wallets where you can store your bitcoins. And with the help of these wallets, you can pay your bills and recharge your mobile by spending your bitcoins.
7. Buy a domain name and web servers
If you’re a blogger or a webmaster or if you wish to set up your own website, you can do that as well with the help of bitcoins. NameCheap is a very popular web service provider across the globe. And with the help of bitcoins, you can buy your domain name and hosting service in NameCheap
8. Bitcoin trading
Millions of people are attracted to Bitcoin trading. Not because of the trend that’s been going around lately, but because of the people who have known to make thousands and millions of dollars and are living a lifestyle they’ve dreamed off.
Bitcoin trading requires knowledge and a bit of experience to execute profitable trades. If you’re interested in it, you can trade bitcoins from India as well.
9. Bitcoin investing
Many bitcoin enthusiasts have their bitcoins invested for a specific duration of time. And there are thousands of people worldwide who have known to invest in bitcoins every single day. Investing in bitcoin is profitable and returns are high if you know how to do it correctly. You can too start investing and generate some profits for you.
10. Bitcoin debit card
Bitcoin debit card is similar to the traditional debit card. You can use it to buy anything in the online world and you can also swipe your Bitcoin debit card in the ATM’s to withdraw your cash.
You simply need to buy a Bitcoin debit card and load it with bitcoins. Once done you can use it just like any other traditional debit card.
11. Pay for food in Restaurants
One of the best use of bitcoin in India would be if you used it to buy your meal, isn’t it? After all, India is a place filled with food lovers everywhere. There are several restaurants in India who have started accepting bitcoins as payments since 2013 itself.
You can just google for restaurants near you who accept bitcoins, or the best option would be to make use of apps like Zomato. You’ll find a list of restaurants in Zomato who accept bitcoins.
12. Offer services, products and receive bitcoins
If you’re running a business or a mart or if you’ve indulged in any kind of services that you provide for customers. Then you can as well start accepting bitcoins from your customers.
Today bitcoin is no more a new thing to most of the people in India. And a majority of the people have invested or trade using bitcoins. So, you can just put a sign or inform your customers about it and you can start accepting bitcoins for the products and services you provide.
These are some of the services and products where you can make use of bitcoin in India to either purchase the products or use the services. There are thousands of people who already are using these service providers to spend their bitcoins in India. Plus, there’s no much hassle at all. Anyone can easily make use of bitcoin in India with just a few simple steps in these platforms.