Top 5 restaurants accepting cryptocurrency as payments
What can be a better way for making your payments easy and secure? Yeah, cash payments can be convenient but carrying cash in the digital world? Isn’t that old-fashioned? But wait, why can’t try cryptocurrency payments? The most in-demand way for making payments almost everywhere. Well, we know you’re wondering how can it be even possible to pay with crypto?
Think about the times when there were no such accommodations like cash, crypto or so on. There was just a single way to pay for anything. That was a barter system. You must be familiar with this term. This system was convenient according to that time. What was this system about? So, it was a process of exchanging accommodations on behalf of payments. Like a horse in exchange for grains or something.
But with the growing times and growing technologies, the world has been changed with that. Cash payments are also left behind us and switched to online payments and cryptocurrency payments.
Let’s see how can someone pay with crypto.
How we can pay with cryptocurrency?
Crypto payments are going to replace Paytm, phone pay, google pay and so on. Cryptocurrency is making a vast change in the world with its technology and blockchain system which is ultimately safe and secure. As the payments are being accepted by most of the companies and brands, it is going to grow in no time.
You don’t know how can you make payments? Don’t worry Emocoin is here to help you with the 4 easiest steps. Find them below:-
Step 1: The very first thing you have to do is to create a crypto account on any wallet of your choice which matches your needs. This will help you the same way bank does, keeping, sending and getting money through other crypto wallets. Always make sure to get the trusted and secured wallet which works on your laptop and smartphone both so that you can track your crypto fluctuations anytime and anywhere.
Step 2: Now, you have to acquire a crypto coin. For doing so, you need to make a purchase from your credit or debit card on any exchange (wallet) platform. The purchase from a credit or debit card tends to lower fees and purchase from a bank account tends to higher fees for a larger purchase. You can buy, earn or purchase them in real. The most convenient way to acquire any crypto is to buy them online you just need a crypto wallet and facilitated cryptocurrency exchange. Earning crypto is also quite an easy option. You can earn by playing games or doing any other activities on various crypto platforms. Some of the cryptocurrency websites pay you for writing blogs or social media content for them. And last but not the least, buying crypto in real life. You can use crypto ATMs for getting crypto in real. It works the same as the regular ATM, but it gives you coins instead of physical currency. You can later add those coins to your wallet via code.
Step 3: So, you have a crypto wallet that is finely set up and also you have purchased the crypto on the exchange platform. Now know if a vendor or shopkeeper accepts the payments via cryptocurrency. You can also check online who accepts which cryptocurrency as payment. Once you get to know the vendor’s preferred crypto then you’re good to go.
Step 4: While making payment you need to know the vendor’s crypto address. Put the address in the specific field of the wallet. Insert the amount of crypto you have to pay and click on the payment option. It is as easy as making payments on phone pay or Paytm. You will see the transaction details almost immediately. And now you’re good with crypto payments.
We have seen the meaning of cryptocurrency payment and how we can pay with it. Now, let’s see what benefits do they carry with them.
The digital world is all about earning benefits over our risks. If you’re also thinking of making payments via cryptocurrency then you must know its benefits so that you can enjoy your transactions more.
Benefits of crypto payments:
With plenty of benefits, cryptocurrency has been placed a unique impression on a new era. As we have already mentioned in our previous blogs the cryptocurrency and blockchain system is a full-proof technology that doesn’t allow any bank, intermediaries, or any other third party to interfere.
Let’s count down the list of benefits you get when you pay with crypto:
All-time availability:
The markets like the stock market, real estate etc. are limited time available markets. They usually work on weekdays only like a 9-5 job. For businesses, traditional markets do not open on weekends, holidays, and at night.
Cryptocurrency is the only market that is available 24/7 for everyone. Investors and visitors can access their crypto platforms anytime and anywhere. There is no time limit for using your cryptocurrency. The only factors which can affect your crypto tractions are lack of good internet access, power outage or centralized exchange outage.
Effortless transaction:
At the minimum fees on cryptocurrency payments, the transaction has been made easier. You can transact your money using the convenient smartphone app, hardware wallet or an exchange wallet. You can send or receive several cryptocurrencies on your wallet online.
Access to a bank account is not always necessary to buy cryptocurrency every time. There are a few cryptos like Bitcoin, Ether, Litecoin etc. that allows you to buy their token via crypto ATMs by paying cash. You can later add those tokens to your wallet anytime with the help of a token code.
Control over money:
The biggest and the best advantage of crypto payments is that you always have control over your hard-earned online money. As we have discussed there are no third-party or intermediaries involved in your cryptocurrency world. This is whole an independent and self-accessible currency.
You are the boss of your own money, no one is allowed to even have a single look at it. You can use it as you want wherever you want and also you can earn or sell them as per your choice.
Privacy:
The blockchain system helps to keep your account safe and secure. It doesn’t allow any hacker, bank or third party into the system. It helps you to keep safe while making purchases of any sensitive items. The anonymity of cash and availability of paying with cards save your time as well as you from any harmful attacks on your account.
With a suitable understanding of crypto payments and their usage and benefits, you have collected a lot of knowledge. Now, let’s come to the most trending feature or pay with crypto.
There are many brands and companies accepting cryptocurrencies as payment. So, here is the list of 5 top restaurants accepting cryptocurrency as payment:-
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Starbucks:
In El Salvador, Starbucks is accepting payments with Bitcoin and Ethereum. The country is the first to accept Bitcoin as a legal tender and on Tuesday it had additionally started accepting crypto payments in restaurants like McDonald’s.
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Burger King:
Burger King has the best burgers of all time. Now, it has allowed its customers to pay with crypto in Germany. It has accepted payments from Bitcoin on its online orders.
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KFC:
The KFC has rolled out the Bitcoin bucket in Canada which only accepts crypto payments. KFC Canada is trending on Twitter for its tweet saying “Sure, we don’t know exactly what Bitcoins are, or how they work, but that shouldn’t come between you and some finger-licking good chicken.”
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Ardor 2.1:
Ardor 2.1 in Cannaught Place, Delhi, India is accepting Ethereum, Bitcoin, and Dogecoin as payment. The owner of the restaurant said, “With this thali Ardor 2.1 is becoming the first Indian restaurant to accept cryptocurrency as a means to pay for it.” The restaurant is also offering 20% off on its thali who pay via cryptocurrency.
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Subway:
Subway was the first-ever restaurant in Allentown, Pennsylvania that accepted Bitcoin as payment. In 2013, correspondents found that no less than three Subway cafés were able to trade their nourishment for crypto.
The Takeaway:
In a nutshell, cryptocurrency is highly exploring the world with its technicalities and protected nature. From being just an investment and buying platform it has come a long way to making payments, earning while playing games, transferring to families and the real-time earning. In addition, cryptocurrency is the real future for the existing and coming generations.
Furthermore, cryptocurrencies are going to replace almost every bank and traditional currency worldwide. The companies, brands, restaurants, and so on started accepting Bitcoin and Ethereum as payment in place of fiat currency. Now, it’s high time to get involved with the crypto world and upgrade the standard of our living.
Invest, earn, pay and become better with us. Today is the day to get joined with the new era of digital and decentralized money where you are free to expend your money however you want.