How to Buy Electronics With Cryptocurrency?

Why should you buy electronics with cryptocurrency?

Buying electronics with cryptocurrency offers several benefits. It allows you to take advantage of the accessibility, privacy, security, and incredibly low fees that cryptocurrencies offer. With crypto payments, you can make transactions anytime, anywhere, without having to worry about sharing your personal details or paying exorbitant fees. This hassle-free method of purchasing electronics is becoming increasingly popular today.

Accessibility

You can access a wide range of different electronics worldwide with the click of a button without having to worry about international currency exchange rates.

Transaction speed

Cryptocurrency payments are much faster than fiat payments, meaning that you can buy the electronics you need within minutes.

Privacy

When you shop with cryptocurrency, you don’t have to input your name, address, credit card, or bank account information to make a purchase. Your transactions are encrypted and anonymous, so third parties won’t be able to view your purchase history or personal data.

Cryptocurrency transactions are verified and secured by a network of computers, making it difficult for hackers or other malicious actors to get access to your data.

On certain platforms, you can even use a ‘mixer’ to further obscure your purchase history – this is a service that will “mix” the cryptocurrencies of many users, so it will be even harder to track the origins of the funds or the owners.

Security

Cryptocurrency transactions are highly secure since they use cryptography to secure and verify the transactions on the blockchain. When you use cryptocurrency to purchase electronics, you aren’t providing any personal data to the seller, thus protecting your identity and financial information.

The decentralized structure of the blockchain makes it very difficult for hackers to access and manipulate information. As a result, cryptocurrency transactions are much safer than traditional financial transactions.

Low Fees

Compared to traditional payment methods, cryptocurrency fees are much lower and can even be free. This makes it a great option for those looking to save money on their electronics purchases.

Additionally, since cryptocurrency transactions are processed directly between two users, there’s no middleman taking a cut of the transaction. This means that more of your money is going towards the purchase of the electronics, not just the fees associated with it.

Which electronics retailers accept crypto payments directly?

Electronics retailers that accept cryptocurrency payments include Newegg, Crypto Luxury Store, Crypto Emporium, Withbitz, and Spendabit.

Newegg

Newegg is one of the few electronic retailers that accept cryptocurrency payments directly and has over 40 million registered users. With a wide selection of appliances, TVs, servers, smart home gadgets, and many more, there’s something for everyone. Plus, it’s convenient, as Newegg ships from the US to many areas worldwide.

And if you don’t have a credit card or PayPal account, you can use Bitcoin with ease. During checkout, just select your preferred cryptocurrency, and you’re good to go. The process is streamlined and secure, with the cryptocurrency converted into US dollars at the time of purchase. There are no extra fees, no waiting for a confirmation, and no worries about exchange rates.

Crypto Luxury Store

Another way to purchase electronics with cryptocurrency is through Crypto Luxury Store, an online boutique that accepts crypto payments directly. Customers can find a large selection of laptops, smartphones, monitors and more, and can choose from free shipping 7-10 days, standard shipping 3-6 days, or express shipping 1-2 days.

EU customers don’t have to worry about customs fees, but non-EU customers may have to pay extra. To complete the purchase, customers will be redirected to the payment window of their chosen payment processor, where they’ll see the total cost of their purchase in crypto based on the exchange rate set by the payment service.

You have 30 minutes to send the amount of crypto specified or else the invoice will expire and they’ll have to start the checkout process again.

Crypto emporium

With its founding in 2018, Crypto Emporium has become a go-to for those looking to purchase electronics with cryptocurrency. What makes Crypto Emporium different is that it is a peer-to-peer platform and acts as an intermediary between buyers and sellers.

It offers a wide selection of goods such as PCs, printers, TVs, and laptops, and all payments are made directly with crypto as it is the world’s first crypto-only marketplace.

Crypto Emporium provides a safe, secure platform for such purchases, ensuring that customers can feel confident in their purchases. The company also offers competitive prices, so customers can be sure they’re getting great value for their crypto while receiving a 2% cashback on purchases made on the platform.

Withbitz

Withbitz is an online store that specializes in electronics – computers, cameras, audio, game consoles, and more. It also allows you to pay with various cryptocurrencies, such as Bitcoin and different altcoins.

Shopping at Withbitz is easy and secure. All transactions are encrypted, and the site has a secure payment gateway. The selection of items is also quite extensive, and the prices are competitive.

Plus, there’s a helpful customer service team if you have any questions.

Spendabit

Spendabit is a search engine that makes it easy to find merchants that accept cryptocurrency as it aggregates products from hundreds of stores. Users can search for a specific product or by category.