Best Places to Spend Crypto in Greece
In January, Greece’s Ministry of National Economy and Finance introduced new EU rules to protect cryptocurrency users. This move comes as more people in Greece are using digital currencies, raising concerns about potential scams. The new rules focus on stronger anti-money laundering (AML) measures and clearer tax guidelines for crypto transactions. At the same time, Greece continues to be a crypto-friendly destination, with more businesses accepting digital payments. If you’re wondering where to spend your cryptocurrency in Greece, this article will guide you to the best spots for using your digital assets. Why Cryptocurrency is Thriving in Greece Source: freepik Many people in Greece are starting to prefer digital payments over cash. This is because cryptocurrency allows fast and secure transactions without needing banks. This is helpful for businesses and individuals who want to avoid long processing times and extra fees. More restaurants, shops, and online stores in Greece are accepting cryptocurrency. For example Tavern Agelos is Athen’s first Bitcoin accepting restaurant. This makes it easy for people to use their digital money for everyday purchases, from food and travel to online subscriptions. 3. Protection from Financial Instability Greece has faced economic challenges in the past, including strict bank controls. Cryptocurrency gives people an alternative way to store and move money without relying on traditional banks. This makes it a popular choice for those looking for financial freedom. Best Places to Spend Crypto in Greece With more businesses accepting cryptocurrency, there are many ways to use your digital assets in Greece. From restaurants to online shopping and travel, here are some of the best places to spend your crypto: S/N Best Places to Spend Crypto in Australia Categories 1. Angelo’s Greek Taverna Restaurant 2. Starbucks Food and beverages 3. Travala Travel and Accommodation 4. Expedia Travel and Accommodation 1. Restaurants and Beverage Services Angelo’s Greek Taverna If you’re looking for an authentic Greek dining experience and want to pay with cryptocurrency, Angelo’s Greek Taverna is a fantastic option. They sell traditional Greek dishes like grilled meats, fresh salads, and rich, flavorful dips. Bitcoin and other cryptocurrencies are accepted, making for a smooth and modern payment experience. Starbucks Coffee Shops Another place to spend your crypto in Greece is Starbucks. They accept Bitcoin payments through the SPEDN app by Flexa. Additionally, Starbucks has partnered with Bakkt, enabling direct Bitcoin payments at the register. If you’re using the Starbucks app, you can also pay through iPayYou’s Bitcoin wallet, which automatically converts cryptocurrency into USD in real time via Bitcoin Direct to Starbucks. 2. Travel and Accommodation Source: freepik Travala Planning a trip around Greece? Travala allows you to book hotels, flights, and cryptocurrency. The platform accepts Bitcoin, Ethereum, and other digital assets, making travel planning easier without relying on traditional bank payments. Expedia With Expedia, you can book flights and hotels across Greece using Bitcoin. This service allows you to manage your entire trip without needing a credit or debit card, making travel more convenient for crypto users. Useful Tips for Spending Crypto in Greece Source: freepik Use Crypto Debit Cards Crypto debit cards, like UPay link to your crypto wallet and work like regular debit cards. They allow you to pay for goods and services directly with your crypto, which is automatically converted into euros when you make a payment. Choose Stablecoins for Easier Spending Digital assets like Bitcoin and Ethereum can be unpredictable in price. To avoid this, you might want to use stablecoins like USDC or USDT. Stablecoins are tied to the value of traditional currencies, like the US dollar, which helps keep their value steady. Try Peer-to-Peer (P2P) Platforms With peer-to-peer (P2P) platforms, you can exchange crypto directly for goods and services. You don’t have to rely on a bank or a third-party platform, saving on extra fees and giving you more flexibility with your crypto. Stay Informed About Crypto Regulations Crypto laws in Greece are still changing, so it’s important to stay updated. Regularly check news sources or government announcements to make sure you’re following the latest rules and regulations regarding cryptocurrencies. Challenges of Spending Crypto in Greece Source: freepik While more businesses in Greece are starting to accept cryptocurrency, there are still some challenges to consider. Security Risks and Scams Fraud and scams are a real risk when using cryptocurrency. There have been cases of people losing money due to phishing and fake crypto exchanges. Always use trusted platforms and take steps to secure your assets, such as enabling two-factor authentication (2FA). Limited Acceptance by Businesses Not all businesses in Greece accept cryptocurrency yet. While some restaurants, hotels, and shops might take crypto, it’s still not common. Before making a purchase, check if the place you’re buying from accepts digital currency. Price Volatility and Uncertainty Cryptocurrencies are known for their price changes. The value of your crypto can go up or down quickly, making it harder to use for stable, everyday purchases. You can reduce this risk by using stablecoins or spending crypto on smaller items. Tools and Platforms for Spending Crypto in Greece Source: freepik To help you spend your crypto easily in Greece, here are some helpful tools and platforms: Mobile Wallets for Simple Transactions Mobile wallets like UPay, BitPay and Coinbase Wallet make it easy to store, send, and receive cryptocurrencies on your phone. They allow you to make transactions quickly and conveniently wherever you are. Crypto Debit Cards for Easy Payments Cards like UPay and Binance Cards let you spend your crypto as euros, which is great if you want to shop or pay for services. These cards link directly to your crypto wallet and allow you to make purchases with ease. Payment Apps for Online Shopping Payment apps like PayPal and Bitrefill now support cryptocurrency payments. You can buy gift cards, pay for subscriptions, and shop online using your digital currency without converting it into cash first. Conclusion While cryptocurrency in Greece is still developing, more businesses are starting to accept it. By staying informed, using the right tools,
UK Rules Out National Crypto Reserve, Eyes Blockchain for Sovereign Debt
The UK government has dismissed the idea of creating a national cryptocurrency reserve, distancing itself from the United States’ approach to digital asset accumulation, Economic Secretary to the Treasury Emma Reynolds said Monday at the Financial Times Digital Asset Summit. Speaking during the event in London, Reynolds stated that while the U.S. has shown interest in stockpiling Bitcoin, the UK has no plans to follow suit. “We don’t think that’s appropriate for our market,” Reynolds said, noting that the government’s digital asset strategy would diverge from American efforts. Focus on Transatlantic Cooperation While a crypto reserve is not on the table, Reynolds emphasised that the UK remains committed to close collaboration with the United States on broader digital asset regulation. She pointed to a growing framework for dialogue between the two nations, referencing recent high-level meetings between UK Chancellor Jeremy Hunt and U.S. Treasury Secretary Scott Bessent. The UK and U.S. have also launched a senior official-level working group to deepen cooperation on regulatory approaches. That group is expected to convene in June for a formal “regulatory forum,” Reynolds said. The Economic Secretary highlighted what she called a “big change” in U.S. crypto policy following the Trump administration, implying that the evolving regulatory climate in Washington is a factor in shaping UK engagement. Exploring Blockchain for Government Debt Although a state-held crypto reserve is off the agenda, the UK is exploring how distributed ledger technology (DLT) could be used to issue sovereign debt. Reynolds confirmed that the Treasury has begun a procurement process to identify a supplier for the initiative, with a target to make an appointment by late summer. The move signals an interest in applying blockchain innovations within traditional financial frameworks, even as the government opts for caution on cryptocurrency adoption. No specific timeline was offered for a pilot or issuance, but Reynolds said the effort was part of broader efforts to modernise financial infrastructure.
Best Places to Spend Crypto in Brazil
Key Takeaways An Overview of Crypto Spending in Brazil Cryptocurrency adoption is growing steadily in Brazil, with an increasing number of merchants accepting Bitcoin and other digital currencies as payment. Despite not being an official currency, Bitcoin is widely recognized and used for everyday transactions in various regions of the country. According to data from BTCmap, Brazil surpassed El Salvador in the number of establishments accepting Bitcoin, thanks to initiatives like the “Bitcoin is Here!” project in Rolante, Rio Grande do Sul. This city is a global leader in Bitcoin acceptance, with over 200 locations, including restaurants, hotels, supermarkets, and pharmacies, operating with on-chain payments or the Bitcoin Lightning Network (LN). Other cities, such as Jericoacoara and São Paulo, also have strong crypto adoption through local projects like “Bitcoin Beach Brazil” and “Go BTC.” Prominent businesses in Brazil that accept Bitcoin include Calvin Klein stores in São Paulo, Cine Multi in Florianópolis, and various restaurants like Ribs Express. The list extends to real estate companies, beauty salons, schools, and even veterinary clinics. To enhance usability, merchants and consumers use tools like digital wallets, payment intermediaries, and prepaid crypto cards. These solutions facilitate transactions, provide price stability, and eliminate the complexities of converting Bitcoin to fiat currency. For added stability, many users and businesses prefer stablecoins. While crypto directories like Coinmap help users find Bitcoin-accepting locations, verifying the information directly with merchants is recommended to avoid discrepancies. Brazil’s growing crypto ecosystem showcases its potential to integrate digital currencies into everyday life, driven by local projects and innovative payment solutions. Best Places to Spend Crypto in Brazil Source: Freepik S/N Best Places to Spend Crypto in Brazil Categories 1. Calvin Klein Fashion 2. Cine Multi Entertainment 3. Tecnisa Real Estate 4. Ribs Express Food and Drinks 5. Dubh Craft Express Drink 6. Walkrupp Clinic Health 7. Faccio Steakhouse and Restaurant Food and Drinks Calvin Klein Calvin Klein now accepts Bitcoin payments at four stores in São Paulo, Brazil, through a partnership with Foxbit, a leading Latin American crypto exchange. The stores that have started accepting the payment method are the Oscar Freire, Shopping Morumbi, Shopping Iguatemi, and Shopping JK Iguatemi stores. Payments are made via a QR code, which the customer has to scan to make their payment. It also does not include extra costs, as is the case with credit cards. Cine Multi Cine Multi, a cinema in Florianópolis, Brazil, has partnered with cryptocurrency payment startup Bancryp to accept Bitcoin payments. This makes it the first cinema in Brazil to adopt cryptocurrencies as a payment option. The cinema accepts payments in Bitcoin, Litecoin, Ethereum, and Dash. Tecnisa Tecnisa is a prominent Brazilian real estate company in Sao Paulo with over 45 years of experience in the market. The company is involved in the development, construction, leasing, management, purchase, and sale of residential and commercial properties across Brazil. The real estate company accepts cryptocurrency for payments. Ribs Express Ribs Express is a restaurant located at Av. Protásio Alves, 591 in Porto Alegre, Brazil. Its menu features grilled baby back ribs, spicy chicken with rice and fries, and buffalo wings. The restaurant also offers individual meals and family-sized combos. The restaurant accepts Bitcoin as payment. Dubh Craft Beers Dubh Craft Beers is a brewery in Porto Alegre, Rio Grande do Sul, Brazil. It offers a selection of craft beers and is one of the businesses participating in the Rolante “Bitcoin is here” project. The brewery accepts Bitcoin for payment. Agropecuária Walkrupp WalKrupp Clinic is a prominent veterinary clinic located at Rua Conceição, 459, Rolante, Rio Grande do Sul, Brazil. It accepts Bitcoin for its services. Churrascaria e Restaurante Faccio Faccio Steakhouse and Restaurant is located at Rua Conceição, 350, Rolante, Rio Grande do Sul, Brazil. They offer a buffet with a variety of hot dishes, salads, and desserts. They are also a part of the “Bitcoin is Here” project and they accept crypto payments. Tools Used for Spending Crypto in Brazil Source: Freepik Several tools make it easy to spend cryptocurrency in Brazil. These tools enhance accessibility for both merchants and consumers while addressing challenges like volatility and transaction speed. Digital Wallets Digital wallets are the most common tool for making crypto payments. Users open their wallet app, enter the recipient’s address, and transfer the specified amount in their preferred crypto. Both sender and receiver complete transactions in crypto without requiring conversion. Mobile wallets like UPay simplify this process and allow payments to be made directly from a smartphone. Prepaid Crypto Cards Prepaid cards offer users a familiar way to spend cryptocurrency. Users top up these cards with Bitcoin or other cryptocurrencies. When making purchases, the card automatically converts the crypto to BRL, enabling seamless transactions at any merchant that accepts debit or credit cards. A good example of these crypto cards is the UPay debit card. It is accepted worldwide and has a transparent fee rate — No transaction fee on payments and a 2% ATM withdrawal fee. Payment Intermediaries Payment intermediaries bridge the gap between cryptocurrency and fiat currency. These systems enable users to pay in Crypto while converting the amount into Brazilian Reais (BRL) for the merchant. Merchants benefit from avoiding Bitcoin’s price volatility and do not need to handle crypto directly. OpenNode is a popular payment intermediary in Brazil, widely adopted by businesses. Tips for Spending Crypto in Brazil Source: Freepik Use Crypto Directories Consider using crypto directories like BTCMap or the “Bitcoin is Here” website to locate merchants that accept cryptocurrency. You can search by city or region to find establishments, ranging from restaurants to retail stores. However, it’s always a good idea to confirm with businesses beforehand to make sure they still accept crypto payments, as directory information can become outdated. Leverage Payment Tools Make sure to leverage payment tools that suit your needs. Digital wallets are a common method for crypto transactions. Ensure your wallet is compatible with the merchant’s payment system. Nevertheless, Crypto cards from UPay are convenient to use even with merchants that
Best Places to Spend Crypto in Australia
Cryptocurrency is becoming a practical payment option across Australia. From healthcare providers to cafes and real estate agencies, businesses are increasingly embracing crypto to meet rising consumer demand. This article highlights the best places to spend cryptocurrency in Australia, the tools facilitating these transactions, and the challenges that come with using digital currencies for everyday purchases. Key Takeaways An Overview of Crypto Spending in Australia Source: Freepik Australia has seen a significant surge in cryptocurrency adoption in recent years, with a growing number of individuals and businesses engaging with digital assets. This trend is reflected in various aspects, including ownership, trading, and spending. According to Swyftx’s fourth annual crypto survey (2024), “An estimated 3.9 million Australians currently own cryptocurrency compared to 4.5M in 2023. In total, 29% (or three in ten Australian adults) have ever owned cryptocurrency” The survey also highlights the increase in the younger generation’s adoption of cryptocurrencies “Gen Z ownership increased to 32% over the last 12 months, a staggering 11 percentage point rise on the year prior.” Australia also boasts a vibrant cryptocurrency trading market, with numerous exchanges and platforms facilitating the buying, selling, and trading of various digital assets. The widespread use of crypto assets in Australia shows that thousands of Australians own cryptocurrency. Many use it to pay for products and services, and businesses often meet this demand. Over recent years, there has been a noticeable increase in Australian businesses accepting cryptocurrency as a payment method. From small retailers to large corporations, businesses across various sectors, including travel, food and beverage, retail, and real estate, are starting to integrate crypto payments into their operations. This growing acceptance is opening up more avenues for Australian crypto holders to spend their digital currencies. Best Places to Spend Crypto in Australia Source: Freepik S/N Best Places to Spend Crypto in Australia Categories 1. Tamworth Heart Clinic Heath 2. Forsyth Real Estate Real Estate 3. BIG4 Tweed Billabong Entertainment 4. Aiyana Retreat Hotel and Accomodation 5. Giuseppe’s Pizza Food and Beverages 6. USA Foods Groceries 7. Furlani Fitness Sports and Fitness 8. CheapAir Travel 9. The Metropolitan Hotel Food and Beverages 10. Jam’s Karaoke Bar Entertainment 11. Crypto Coffee Food and Beverages 12. Another World Groceries 13. Glow Golf Sports and Fitness 14. Perth Heat Sports and Fitness Health Tamworth Heart Clinic (Tamworth, NSW) Tamworth Heart Clinic in North Tamworth, Australia, provides comprehensive cardiac care for patients of all ages. Services include consultations for conditions like coronary artery disease and arrhythmias, advanced diagnostic testing such as echocardiography and stress tests, and personalized treatment plans involving medication, lifestyle changes, and procedures. The clinic also offers cardiac rehabilitation programs to support recovery after heart events or surgery. The clinic is a leader in integrating cryptocurrency into healthcare as it allows its patients to pay for services using crypto. Food and Beverages The Metropolitan Hotel (Sydney, NSW) This historic pub serves classic pub food, drinks, and craft beers. The Metropolitan Hotel is among the few venues in Australia that accept Bitcoin for beer purchases. It also features a Lamassu Bitcoin ATM, which requires no ID verification. Giuseppe’s Pizza (Mornington & Bittern, VIC) Giuseppe’s Pizza is a family-run restaurant known for its delicious takeaway meals. They use fresh, locally sourced ingredients to create a wide range of pizzas. This includes a gourmet selection with options like smoked salmon pizza, pasta, and risotto. All orders can be paid for using crypto. Crypto Coffee (New Farm, Brisbane) Crypto Coffee, located at 572 Brunswick St, New Farm, Brisbane, is Australia’s first café to accept cryptocurrency payments, including Bitcoin and Ethereum. The modern, minimalist venue offers a cozy atmosphere and serves high-quality coffee, teas, light meals, and snacks made fresh daily. Beyond its menu, the café provides educational resources and workshops on cryptocurrency. Real Estate Forsyth Real Estate (Lower North Shore, Sydney) Forsyth is a leading real estate agency on Sydney’s North Shore, founded in 1898 and still owned and managed by the third and fourth generations of the Forsyth family. Based in Willoughby, the agency serves the entire North Shore area and offers superior auction services, both on-site and in rooms, as well as private treaty sales. Forsyth has a highly experienced property management team and specialists in commercial leasing, sales, and valuations. They accept cryptocurrency for advertising costs and even home deposits. Customers can choose Bitcoin as their payment method, and the transaction is processed through CoinJar’s payment gateway. Entertainment Jam’s Karaoke Bar (Sydney) Jam’s Karaoke Bar is a welcoming spot to enjoy drinks, soul food, and great music with friends. They offer a genuine karaoke experience for all group sizes, featuring a public bar, kitchen, beer garden, and private karaoke rooms. Jam’s also supports live music, hosts unforgettable events, and organizes both public and private functions. Jams Karaoke Bar in Sydney accepts Bitcoin and Ethereum. BIG4 Tweed Billabong Holiday Park (NSW/QLD Border) BIG4 Tweed Billabong is a holiday park on the Far North Coast of New South Wales, just 40 minutes from the Gold Coast and its theme parks. The park is known for offering some of the best facilities in the country, including a stunning waterpark, a top-tier camp kitchen, and a unique tidal Billabong. This holiday destination is dedicated to providing guests with an unforgettable experience. Visitors can pay for their stays using Bitcoin, Litecoin, or Binance Coin. Travel CheapAir (Online) CheapAir, one of the largest online booking agencies, began accepting Bitcoin as a payment method in February 2014 through a partnership with Bitpay. Customers can book hotels and flights using Bitcoin. Currently, they only accept Bitcoin but plan to add other digital currencies, including DASH, LTC, and BCH, in the future. Hotels and Accommodations Aiyana Retreat (Denmark, WA) Aiyana Retreat, located in Denmark, WA, is the first registered tourism accommodation in regional WA to accept Bitcoin. This luxury retreat offers self-contained villas, each with handmade furniture, high-quality linens, and wellness services designed to relax and rejuvenate guests. The retreat also provides massage and bodywork treatments through Aiyana Wellness. Aiyana
Best Places to Spend Crypto in Argentina
Source: Freepik Argentina ranks as a regional leader in cryptocurrency adoption, with $91.1 billion in crypto value received and a high reliance on stablecoins as a financial safeguard. However, crypto spending remains far from mainstream in Argentina. Many business owners perceive cryptocurrency as an unnecessary risk, especially in an economy already burdened with challenges. This article highlights the best places to spend cryptocurrency in Argentina and the challenges that come with using digital currencies for everyday purchases. Read Also: Best Places to Spend Crypto in Greece Key Takeaways An Overview of Crypto Spending in Argentina Source: Freepik Argentina is a leading country in cryptocurrency adoption, ranking at the top in Latin America for crypto value received. According to Chainalysis, Argentina ranks 15th in their Global Adoption Index. “Argentina leads the region in terms of cryptocurrency value received at an estimated $91.1 billion, only slightly ahead of Brazil’s estimated $90.3 billion.” This adoption is driven primarily by economic instability and inflation. Citizens use crypto—especially stablecoins—as a store of value rather than a means of everyday spending. For most Argentinians, crypto—particularly stablecoins—serves as a financial safeguard rather than a practical currency. The spike in stablecoin trading volumes during key economic moments highlights this. When the peso’s value fell below $0.004 in July 2023, stablecoin trading volumes surged to over $1 million the following month. After President Milei announced a 50% devaluation of the peso in December 2023, stablecoin trading volumes exceeded $10 million. Only some businesses in Argentina accept cryptocurrency payments. Local merchants are often reluctant to embrace crypto due to concerns about volatility, lack of understanding, or regulatory uncertainty. Despite crypto’s rising popularity, many Argentinians still turn to physical U.S. dollars, often through the informal “blue dollar” market. The dollar remains widely accepted in both formal and informal transactions. While Argentina leads the region in crypto adoption, infrastructure, regulations, and merchant acceptance must improve for it to transition from a savings tool to a spending currency. Until then, crypto will continue to be a hedge against inflation rather than a solution for daily transactions. Best Places to Spend Crypto in Argentina Source: Freepik The number of options for spending crypto in Argentina is growing, but it’s still small compared to the overall adoption rate. Here are some of the best places you can spend crypto in Argentina: S/N Places Location Accepted payments Categories 1. Pop Store 1995 Fitz Roy, Ciudad Autónoma de Buenos Aires LightningOn-Chain Candy store, Drugstore, Cafe and Bar 2. Mulata Café 4608 Guatemala, Ciudad Autónoma de Buenos Aires Lightning Cafe – Coffee and Pastry 3. De la Mancha Vinería 530 De Paula, Azul On-chainLightning Winery 4. Veterinaria Misha Felix Paz 1018, Cordoba, Argentina On-Chain Veterinary Clinic 5. MT Ballroom 625 Esmeralda, Ciudad Autónoma de Buenos Aires On-ChainLightning Dance Hall Pop Store Pop Store combines a candy store, drugstore, café, and bar all in one.It is located at 1995 Fitz Roy, Ciudad Autónoma de Buenos Aires. The store accepts crypto and supports Lightning and On-Chain transactions. Mulata Café Mulata Café is a café specializing in coffee and pastries.It is located at 4608 Guatemala, Ciudad Autónoma de Buenos Aires. The cafe accepts cryptocurrency payments through Lightning transactions. De la Mancha Vinería De la Mancha Vinería is a winery located at 530 De Paula, Azul. It welcomes crypto users and offers both On-Chain and Lightning transaction options. Veterinaria Misha Veterinaria Misha provides veterinary services in Córdoba, Argentina, at Felix Paz 1018. This clinic supports On-Chain cryptocurrency payments. MT Ballroom MT Ballroom is a dance hall located in Ciudad Autónoma de Buenos Aires. It is a good place to learn and dance with locals in Buenos Aires. It allows crypto payments via both On-Chain and Lightning methods. Tips for Spending Crypto in Argentina Source: Freepik With Argentina’s growing crypto adoption, spending digital currency is becoming more feasible. However, some practical tips can make the process smoother for both consumers and merchants. Here’s a guide to help you spend your crypto effectively in Argentina: Research Merchant Acceptance Not all businesses accept crypto, so it’s important to confirm whether a merchant is crypto-friendly before trying to make a payment. You can use resources like BTC Map to find local businesses that accept cryptocurrencies. Websites and apps like Coinmap also list locations that welcome crypto payments, helping you find the nearest options. Always call ahead or check the business’s website to confirm they accept crypto and the type of crypto they support (e.g., Bitcoin, Ethereum, or stablecoins). Use Stablecoins for Stability Due to Argentina’s economic volatility, many businesses and consumers prefer stablecoins like Tether (USDT) or Dai. These cryptocurrencies are pegged to the US dollar, making them a more stable choice for transactions. If you’re concerned about crypto price fluctuations, using stablecoins can help you avoid the risk of losing value between the moment you make the purchase and when the transaction is completed. Use Crypto ATMs for Quick Conversion Argentina has a growing network of crypto ATMs where you can buy and sell digital currencies. These ATMs make it easy to convert your crypto into pesos, which can then be used for regular purchases. If you find a business that doesn’t accept crypto, you can use a crypto ATM to convert your coins and use pesos instead. Use crypto ATMs for seamless transactions, but always check fees and exchange rates before converting your crypto to ensure you’re getting the best value. Make Small Payments to Test the System If you’re new to using crypto for payments, start with small transactions to get comfortable with the process. Test out different payment methods (Lightning, on-chain, or stablecoins) to see which one works best for you and the merchant. Use microtransactions to familiarize yourself with crypto payment platforms and networks before committing to larger transactions. Keep an Eye on Tax Implications While there is no clear regulatory framework for crypto in Argentina, transactions involving digital currencies are still subject to tax regulations. Make sure to keep track of your transactions, as you may be required to
Best Places to Spend Crypto in Denmark
Source: Freepik Key Takeaways An Overview of Crypto Spending in Denmark Cryptocurrencies have evolved beyond their role as investment assets. It is now seen as legitimate mediums of exchange that offer speed, transparency, and lower transaction fees compared to traditional payment systems. Denmark, known for its forward-thinking approach to technology and innovation, is at the forefront of this transformation. The country has witnessed a steady rise in crypto adoption, with a growing number of businesses accepting digital assets to meet the increasing demand from tech-savvy consumers. As of 2024, EY and K33 Research stated that approximately 7% of adults in the Nordic countries, including Denmark, own cryptocurrencies, amounting to around 1.5 million individuals. Notably, over 70% of these crypto owners are under the age of 40. The COVID-19 pandemic played a pivotal role in accelerating this trend, with more than 70% of Danish crypto owners entering the market after 2019. Projections from the research indicate that by 2030, nearly 900,000 Danes will own cryptocurrencies. Statista Denmark’s regulatory environment is relatively open to cryptocurrencies, though it emphasizes compliance with anti-money laundering (AML) and know-your-customer (KYC) regulations. A growing number of Danish businesses, particularly in the e-commerce and tech sectors, have started accepting cryptocurrencies like Bitcoin, Ethereum, and others. This is facilitated by payment processors that convert crypto to fiat instantly. The use of mobile wallets for crypto transactions is also on the rise, with apps like UPay gaining popularity among Danish users. With improved regulatory clarity and user-friendly payment solutions, crypto spending in Denmark is likely to grow, particularly among younger generations and tech-forward businesses. Read Also: Best Places to Spend Crypto in Isreal Best Places To Spend Crypto In Denmark S/N Best places to spend crypto in Denmark Category 1. Travala Travel 2. Bandholm Badehotel Accommodation 3. Ferrari Automobile 4. John’s Hotdog Deli Food and Drinks 5. Bitrefill Gift Cards 6. Crypto Casino Gambling Travala Travala is a highly flexible platform that allows you to book flights and hotels in Denmark using cryptocurrency. Travala accepts over 60 cryptocurrencies, including Bitcoin, Ethereum, USDT, DAI, Bitcoin Cash, Litecoin, and Monero, making it convenient for crypto enthusiasts. To start planning your trip in Denmark, visit Travala’s platform and enjoy the convenience of paying with crypto while securing the best deals. Bandholm Badehotel Bandholm Badehotel is a renowned luxury hotel located on the picturesque coast of Lolland in Bandholm, Denmark. Situated by the sea, it offers guests picturesque views and a tranquil environment. The hotel features a variety of accommodations, including deluxe double rooms, superior double rooms, suites, and apartments, all designed to provide comfort and relaxation. Bandholm Badehotel offers a seamless crypto payment option for a relaxing getaway or a fine dining experience by the sea. Ferrari Ferrari has extended its cryptocurrency payment system to its network of European dealers, including those in Denmark. This follows the successful launch of the initiative in the United States in 2023. By the end of 2024, Ferrari expanded the option to additional countries in its international dealer network, where cryptocurrency transactions are legally recognized. Now, customers in Denmark can use cryptocurrencies like Bitcoin, Ethereum, USDC, and more to purchase their Ferrari vehicles. To ensure secure transactions, Ferrari works with established cryptocurrency payment providers, enabling immediate conversion of cryptocurrencies into traditional currency, minimizing volatility risks. John’s Hotdog Deli John’s Hotdog Deli, established by John Michael Jensen in December 2005, is a renowned hotdog stand in Copenhagen, Denmark. It is located near the Copenhagen central train station and opposite the Tivoli Gardens’ main entrance, it offers a convenient spot for both locals and tourists. The hotdog stand has been accepting Bitcoin as payment for hotdogs since 2015. The owner, John Michael Jensen says his background as a computer scientist initially sparked his interest in the currency. Bitrefill Bitrefill is a versatile platform that enables users to purchase gift cards for various retailers using cryptocurrencies. It acts as a bridge between the crypto world and everyday shopping. In Denmark, Bitrefill allows you to acquire gift cards for popular brands such as Amazon, Starbucks, Walmart, Apple, Netflix, Airbnb, Uber, eBay, Roblox, Spotify, and Free Fire. This provides an indirect way to spend your cryptocurrency at numerous establishments, making it easier to use digital assets for daily purchases. Supported cryptocurrencies include Bitcoin, Lightning, Ethereum, USDC, USDT, Binance Pay, Litecoin, Dogecoin, Dash, and more. Crypto Casinos There are several online casinos operating in Denmark that accept cryptocurrencies. These platforms offer a secure and anonymous way to place bets, with faster transactions compared to traditional payment methods. Many crypto casinos operate under international gaming licenses, providing access to slots, table games, and live dealer experiences. While Bitcoin is the most commonly accepted cryptocurrency, many casinos also support other popular options. These may include Ethereum, Litecoin, Bitcoin Cash, and Dogecoin. Some casinos might even accept lesser-known altcoins. Check the payment methods section of each casino to see which cryptocurrencies they support. Tools Used for Spending Crypto in Denmark Source: Freepik Crypto Debit Cards Crypto debit cards are among the easiest ways to use cryptocurrency for everyday purchases without waiting for wider merchant adoption. Crypto debit cards allow users to spend their cryptocurrency at any merchant that accepts regular card payments. These cards convert crypto into Danish kroner (DKK) at the time of purchase, making them a practical solution for everyday transactions. UPay’s crypto card works like a regular Visa or Mastercard, allowing users to pay at supermarkets, restaurants, gas stations, and online stores. Bitcoin ATMs Bitcoin ATMs allow users to buy and sell cryptocurrency for cash. These machines provide a way to convert crypto into Danish kroner instantly. Several Bitcoin ATMs are available in Copenhagen and near major tourist attractions. Fewer ATMs are also available in Aarhus & Odense. Bitcoin ATMs can be convenient, but they often come with high transaction fees, which users should consider before converting their funds. Gift Card Platforms Gift card platforms allow users to indirectly spend cryptocurrency at businesses that do not accept it directly. By purchasing gift
Best Places to Spend Crypto in Belgium
Key Takeaways An Overview of Crypto Spending in Belgium Read Also: Best Places to Spend Crypto in Italy Source: Freepik Crypto acceptance among businesses in Belgium is limited. A small number of retailers and service providers accept Bitcoin and other cryptocurrencies as payment. Most of these businesses cater to tech-savvy customers or operate in niche markets. Crypto spending in Belgium is mostly facilitated through intermediaries. Tools like Crypto debit cards, provided by platforms like UPay, enable users to spend their crypto at any business that accepts traditional cards. Stablecoins, known for their price stability, are also gaining traction as a spending option in Belgium. Belgium lacks a robust regulatory framework for cryptocurrencies, affecting both merchant’s and consumer’s adoption. This regulatory uncertainty limits the appeal of crypto for everyday spending. The European Union’s Markets in Crypto-Assets (MiCA) regulation, which took effect in 2024, is expected to bring more clarity and confidence to Belgium’s crypto market. As regulations become clearer and more businesses embrace crypto, spending opportunities will likely expand. Best Places to Spend Crypto in Belgium S/N Best places to spend crypto in Belgium Categories 1. Osteria Romana Food and Drink 2. Dolle Mol Food and Drink 3. Freitshop Deluxe Food and Drinks 4. Seety Parking Space 5. Mobile Vikings Telecommunications 6. Voodoo Village Events Restaurants and Cafés Food and drinks are among the most popular uses for cryptocurrencies, and Belgium is no exception. A growing number of restaurants and cafés now accept digital assets, offering customers a modern way to enjoy their meals and beverages. Osteria Romana Osteria Romana is a restaurant located at Avenue Legrand 11, 1000 Brussels, Belgium. The restaurant specializes in Roman cuisine, offering dishes such as Roman-Jewish deep-fried artichoke and carbonara pasta. The Italian restaurant has adopted cryptocurrency payments. While cryptocurrencies are still uncommon in Belgium, La Vecchia notes, Dolle Mol The Dolle Mol, established in 1969, is a cultural café located at Rue des Éperonniers 52, 1000 Brussels, near the Grand Place. The café offers a selection of products from local microbreweries. It also serves as a hub for artistic and cultural activities, hosting exhibitions, conferences, film screenings, and concerts featuring Brussels artists. They also have begun accepting cryptocurrencies for payments. Frietshop Deluxe Frietshop Deluxe, located in Wetteren, Belgium, is known for its traditional Belgian fries served in various sizes. Popular menu items include the “Julientje” and a range of snacks like frikandels and viandels. They also offer burgers, pasta dishes, and vegetarian options. Customers can order online through their website for added convenience. According to a tweet from the restaurant, the restaurant welcomes cryptocurrency payments, specifically XRP. Services But in Belgium, what can we buy with cryptocurrencies except for food? Beyond dining, various services, including parking and telecommunications, are embracing crypto payments, providing convenient options for digital asset holders. Seety Seety is a free mobile application designed to help users save time and money on parking, fuel, and electric vehicle charging This digital parking startup allows users to pay for parking tickets with cryptocurrency in Antwerp and Brussels. Users can use cryptocurrencies such as Bitcoin, Ethereum, Bitcoin Cash, Dogecoin, and Litecoin, as well as stablecoins like Dai (DAI) and USD Coin (USDC) Mobile Vikings Read Also: Best Places to Spend Crypto in India Mobile Vikings is a Belgian telecommunications provider offering mobile and internet services at competitive prices. They are one of the first companies to adopt cryptocurrency payments in Belgium. Hans Similon, Chief Viking Evangelist, explained, Events and Festivals Cryptocurrencies are also making their mark in the entertainment industry. In Belgium, events and festivals are beginning to incorporate digital payments, adding a tech-savvy twist to cultural and social gatherings. Voodoo Village and The Yard Voodoo Village, Belgium’s popular end-of-summer festival, has introduced cryptocurrency payments at its events. This includes three open-air sessions under the name The Yard. The organizers have partnered with BIT to accept Bitcoin, Bitcoin Cash, Dai, Doge, Ethereum, Litecoin, and USDC. Tools for Spending Crypto in Belgium Source: Freepik Crypto Debit Cards Crypto debit cards are a convenient way to spend Bitcoin and other cryptocurrencies. They work like regular debit cards but draw funds directly from your crypto wallet instead of a bank account. These cards automatically convert crypto to local currency during transactions, allowing merchants to accept payments without needing specialized equipment or knowledge. Upay offers crypto debit cards that support seamless transactions at any Visa or Mastercard-accepting merchant. Crypto Wallets Crypto wallets enable direct peer-to-peer (P2P) payments, making crypto spending fast, global, and accessible. These transactions are especially popular among freelancers and small businesses due to low transaction fees and instant payments. P2P payments allow users to send funds anywhere in the world without intermediaries, offering flexibility and simplicity in cross-border transactions. Crypto ATMs Crypto ATMs allow users to buy and sell Bitcoin and other cryptocurrencies using cash or bank cards. In Belgium, these ATMs are located in cities such as Brussels, Antwerp, and Ghent, providing easy access for crypto enthusiasts to manage their assets. These ATMs support various cryptocurrencies, ensuring a straightforward experience for users looking to exchange crypto into euros or vice versa. Tips for Spending Crypto in Belgium Source: Freepik Use Stablecoins Stablecoins like USDT, USDC, and DAI are pegged to traditional fiat currencies and they offer a consistent value. This reduces the risk of price volatility associated with cryptocurrencies like Bitcoin and Ethereum. For example, if you plan to purchase goods or services, stablecoins ensure that the value of your payment remains stable between the time of transaction initiation and completion. Additionally, many merchants accepting crypto are more comfortable with stablecoins due to their predictable value. Use a Crypto Debit Card Crypto debit cards, such as those offered by Upay, allow you to spend cryptocurrency easily. These cards convert crypto into fiat currency at the time of purchase, enabling you to shop at any business that accepts traditional debit cards. This eliminates the need for merchants to directly accept crypto while still allowing you to use your digital assets. Use Secure and Reliable
Best Places to Spend Crypto in Italy
Source: Freepik Key Takeaways An Overview of Spending Crypto in Italy Cryptocurrency is increasingly becoming a practical payment option in Italy, moving beyond its role as an investment asset. With an estimated 18 million users by 2025, the country is witnessing a significant shift in how people pay for goods and services, especially in Italy’s major cities like Bologna, Milan, Florence, and Genoa. This growth is not surprising as the growing number of cryptocurrency ATMs in these cities makes it easier for people to access and use their digital currencies. The appeal of crypto lies in its faster, lower-cost transactions compared to traditional banking. This has especially resonated with younger Italians who value convenience. Even traditional financial institutions are embracing the use of digital assets. For example, Intesa Sanpaolo, Italy’s largest bank, made headlines by acquiring Bitcoin. This move shows that even established banks are beginning to change how they view digital currencies. As cryptocurrency continues to gain mainstream acceptance, there are now many ways to spend it across the country. This guide will walk you through the best places to spend crypto in Italy. Read Also: Best Places to Spend Crypto in India Best Places to Spend Crypto in Italy S/N Best Places to Spend Crypto in Italy Category 1 Destination Venice Travel 2 Eredi Marchesi Supermarket Grocery Store 3 Ferrari Automobile 4 Travala Travel 5 Subway Food and Drinks 6 The Pavillions Hotels and Resorts Accommodation Destination Venice Destination Venice is Italy’s first tour operator, and it allows visitors to explore Venice using Bitcoin. The company specializes in experiential activities and custom travel programs across Venice and other parts of Italy. With strong partnerships with local suppliers, they provide seamless travel arrangements, exclusive hotel discounts, and 24/7 on-site support. Eredi Marchesi Supermarket Eredi Marchesi Supermarket, a family-run store in Nova Milanese, Lombardy, has been serving customers since 1964. It has become one of the first supermarkets in Italy to accept Bitcoin, partnering with inbitcoin and bmanity.it. Ferrari Ferrari is a world-renowned luxury automaker known for its high-performance sports cars and rich racing heritage. As part of its commitment to innovation, Ferrari now accepts cryptocurrency for vehicle purchases. The company announced that this payment option would be available at European dealerships from July 2024. This has allowed customers to buy their dream cars using digital assets. “The entry into the European market follows the successful launch of this alternative payment system in the United States less than a year ago, to support dealers in better addressing the evolving needs of its clients.” Ferrari Travala Travala is a blockchain-based travel platform that makes booking trips to Italy seamless. Its travel guide and discounted rates help travelers easily plan their stays and activities. The platform accepts over 100 cryptocurrencies alongside traditional payments. This allows users to book with crypto and earn up to 10% back in Bitcoin. Subway While Subway in Italy doesn’t accept crypto directly, you can enjoy their favorite sandwiches and meals using cryptocurrency through gift cards. By purchasing Subway gift cards with crypto from select platforms, you can conveniently pay for their orders without local currency. The Pavilions Hotels & Resorts The Pavilions Hotels & Resorts is also among the best places you can spend crypto in Italy. It provides luxury stays with a focus on sustainable tourism and community support. Guests can also book their accommodations using cryptocurrency, making travel more convenient for crypto holders. Tools for Spending Crypto in Italy Source: Freepik As cryptocurrency adoption continues to grow in Italy, several tools make it easier to spend digital assets on everyday purchases. Here are some of the most popular options: Crypto Wallet A crypto wallet is the first thing you need to hold and manage your digital currencies. Wallets like Upay allow you to store your crypto safely and spend it easily. Upay, for example, allows users to securely store and spend their cryptocurrencies. It also offers a convenient platform to convert crypto into fiat when necessary, providing a smooth and accessible way to make payments directly from your wallet. Crypto Cards If you prefer using a card to make payments, crypto cards are a great option. Cards like the ones offered by Upay let you link your crypto to a physical or virtual card. This option is particularly useful if you wish to use cryptocurrency for several transactions, from retail shopping to dining out. This means you can shop in stores, pay bills, or make online purchases just like you would with any regular debit or credit card. Crypto Gift Cards For situations where a merchant does not accept cryptocurrency directly, converting your crypto into gift cards is an excellent solution. Platforms like Bitrefill allow users to exchange their crypto for gift cards, which can then be used at a variety of retailers, both online and in physical stores. Crypto ATMs Crypto ATMs are an easy way to buy and sell cryptocurrency in Italy. These machines allow users to convert cash into crypto or withdraw fiat currency from their digital wallets. Major cities like Rome, Milan, and Bologna have several crypto ATMs, making it convenient for both residents and tourists to access digital assets. Tips for Spending Crypto in Italy Source: Freepik Using cryptocurrency for payments in Italy is becoming more common. However, there are important factors to consider. Here are some tips for spending crypto in Italy: Stay Informed on Tax Regulations As of the 2023 Budget Law, Italy imposes a 26% tax on capital gains exceeding €2,000 from cryptocurrency transactions for individuals who are not classified as entrepreneurs. This means that if your profits from selling or exchanging crypto surpass this threshold, the excess amount is taxable. However, everyday purchases made with cryptocurrency typically do not trigger capital gains tax. The Italian Budget Law for 2025, approved on December 31, 2024, increases the capital gains tax on crypto transactions from 26% to 33%, effective January 1, 2026. This change follows Economy Minister Giancarlo Giorgetti’s proposal in October 2024 to raise the rate
Best Places to Spend Crypto in Isreal
Source: Freepik Key Takeaways An Overview of Crypto Spending in Israel Cryptocurrency has evolved from a niche concept to a widely accepted method for purchasing goods and services globally. It’s no surprise that cryptocurrencies like Bitcoin, Ethereum, and stablecoins are gaining ground in everyday transactions, even in countries like Israel. Israel, often called the “Startup Nation,” is renowned for its innovation and tech-savvy culture. Its adoption rate of digital currencies is on the rise and Statista projects an increase of users to 38.61% by 2025 Statista The number of businesses in Israel that accept cryptocurrency is still limited, and participation fluctuates based on industry developments. However, the range of businesses that accept virtual currencies is diverse, including professionals like lawyers, service providers in communications, electronics, and engineering, as well as cafes, restaurants, optical stores, and auto dealerships. Businesses in Israel have different approaches to handling cryptocurrency payments. Some retain the crypto they receive, while others convert it into Israeli shekels. For businesses that choose conversion, the transaction process often includes a payment pipeline, comparable to credit card processing services. This ensures that businesses receive the equivalent amount in shekels while the customer pays in crypto. Tax regulations also apply to these transactions, requiring businesses to report them as taxable income, with customers receiving invoices in shekels. Read Also: Best Places to Spend Crypto in Austria Best Places to Spend Crypto in Israel S/N Best places to spend crypto in Israel Category 1. Only Mattresses Home Goods 2. Dr. Itelman Dental Clinic Health 3. JB Jewelers Jewelry 4. Itzik Grilled Chicken Food and Drinks 5. Dana Gilad Jewelry Only Mattresses Only Mattresses, a virtual store based in Nadav Halivah, offers a wide range of high-quality mattresses. It was created to provide customers with a reliable and professional shopping experience. The store also accepts Bitcoin for a seamless and modern payment experience. Dr. Itelman Dental Clinic Dr. Itelman Dental Clinic is a Tel Aviv dental clinic located in Ramat HaHayal. They provide advanced dental treatments, including injection-free anaesthesia, dental lasers, and innovative procedures without anaesthesia. Patients can enjoy top-notch dental services with the added convenience of paying in Bitcoin. JB Jewelers JB Jewelers is a family-owned business with four generations of expertise in fine jewelry and luxury watches. They offer an exclusive line of original designs alongside internationally renowned brands of jewelry, watches, and accessories. Customers can pay using Bitcoin, making them a great choice for jewelry lovers who prefer crypto payments. Itzik Grilled Chicken Itzik Grilled Chicken in Tel Aviv-Yafo serves flavorful grilled chicken dishes, cooked over an open flame for a rich, smoky taste. With a menu that includes sides like salads and rice, it’s a go-to spot for a hearty meal. Whether dining in or ordering for delivery, customers can enjoy their meals and conveniently pay with Bitcoin. Dana Gilad Dana Gilad is a luxury jewelry brand founded in 2018. They specialize in engagement rings and designer pieces made from carefully selected materials. They also accept Bitcoin as a means of payment. Popular Tools Used for Spending Crypto in Isreal Source: Freepik Crypto wallets Crypto wallets are used to store and manage cryptocurrency. Hot crypto wallet allows users to make quick and convenient transactions and is commonly used for paying merchants that accept Bitcoin, Ethereum, or other cryptocurrencies. In contrast, cold wallets secure offline storage, ideal for users who want to safeguard their funds while still being able to access them for occasional spending. Crypto payment platforms Payment platforms like UPay enable users to buy, sell, and sometimes directly spend crypto through its integrated tools. Israeli businesses seeking to expand their payment options could also embed into their online and offline systems these payment gateways. Crypto cards Crypto cards offer another convenient method for spending cryptocurrency. These cards, such as the Upay Card, allow users to convert crypto into fiat currency at the point of sale. They are widely accepted by businesses across Israel that support Visa or Mastercard. This makes it easier for users to spend their cryptocurrency in regions with limited adoption. Bitcoin ATMs Bitcoin ATMs provide a straightforward way to access and manage cryptocurrency, especially for those looking to convert digital assets into spendable funds. These machines enable users to transfer cryptocurrency to a digital wallet or withdraw cash equivalent to the crypto value. Bitcoin ATMs in Israel are commonly found in urban centers like Tel Aviv and Jerusalem. Tips for Spending Crypto in Isreal Source: Freepik Check Tax Obligations Always consult with a tax professional familiar with cryptocurrency laws in Israel to understand how your crypto activities are classified. Make sure to comply with their tax requirements to avoid hefty penalties. You can also use software to track and report transactions accurately. Use Crypto Directories Platforms like CoinMap or similar crypto directories can help locate businesses and service providers that accept cryptocurrency. This is particularly useful when traveling or seeking specific services. For travelers, these directories ensure they can locate services without resorting to traditional currency exchanges, which often come with high fees. Diversify Storage Solutions Make sure to use secure wallets, including hardware wallets, to minimize hacking risks, UPay, protected by top-tier security features, is a reliable platform to safeguard your funds. You can also employ multi-signature wallets for added protection and consider insurance options available for crypto assets. Stay Informed About Regulations Regulations around cryptocurrency are fluid in Israel. In 2024, the Israel Securities Authority proposed stricter rules for crypto trading platforms, requiring them to register as financial service providers. Staying informed about these developments can help avoid legal complications. Challenges of Spending Crypto in Isreal Source: Freepik High Taxation Israel imposes a complex and burdensome tax structure on cryptocurrency. Taxes include capital gains (25%), income tax (10% – 50%), value-added tax (17%), corporate tax (23%), and a 3% high-revenue tax for certain cases. This unpredictable and overlapping tax burden discourages crypto usage and makes compliance challenging. Businesses and individuals must carefully track transactions to ensure accurate reporting and avoid penalties. Adoption
Best Places to Spend Crypto in India
Source: Freepik Key Takeaways An Overview of Crypro Spending in India Cryptocurrencies are no longer just investment tools; they are gradually transforming into a legitimate medium of exchange. They are redefining how people transact, offering benefits like speed, transparency, and lower fees compared to traditional payment methods. Businesses in India are not being left out of the trend of accepting crypto for payments. They are gradually adopting crypto payments to meet the demands of their growing user base. India currently has more than 100 million crypto investors. According to Statista, the number of crypto users in India is projected to grow to 107.30 million by 2025. Statista India was also ranked first in 2024 by the Chainalysis Global Cryptocurrencies Adoption Index ahead of Nigeria. Crypto-friendly businesses are making it easier for enthusiasts to spend their digital assets. For instance, Highkart became one of the first e-commerce platforms in India to accept Bitcoin in 2014, while Ardor 2.1, a popular restaurant in New Delhi, has embraced crypto payments to attract tech-savvy diners. Beyond convenience, spending crypto opens up new opportunities for users to leverage their digital assets without converting them into fiat currencies. This article explores the best places to spend your cryptocurrency in India. With these options, you can make the most of your digital assets, enjoying both convenience and the benefits of crypto transactions. Read Also: Understanding Withdrawal Limits on Crypto Debit Cards Best Places to Spend Crypto in India Source: Freepik S/N Best places to spend crypto in India Category 1. HighKart Online Shopping 2. Pizza Palace Food and Dining 3. Andor 2.1 Food and Dining 4. The Rug Republic Home Decor 5. Suryavanshi Restaurant Food and Dining Online Shopping Highkart HighKart was the first e-commerce platform in India to accept Bitcoin as its sole payment method in 2014. It was founded by Delhi-based entrepreneur Amit Kumar. The store offers over 150 products, including digital currency mining equipment and fashion accessories. Shoppers can purchase gadgets, accessories, and clothing using cryptocurrencies. Home Decor The Rug Republic The Rug Republic is a sustainable floor fashion brand that accepts the top 20 cryptocurrencies by market capitalization as payment for its handmade Indian rugs, pouffes, and accessories. The Rug Republic currently uses WazirX and Binance for peer-to-peer crypto transfers and plans to create an in-house cryptocurrency payment system. To pay with cryptocurrency, buyers must contact the company through a link on its website Food and Dining Ardor 2.1 Ardor 2.1 in Delhi is the first Indian restaurant to accept cryptocurrency as payment. While Ardor 2.1 serves a variety of global cuisines, its specialty is the thali—a platter featuring multiple dishes, popular across India. The restaurant allows guests to order the Digital Thali directly from the restaurant’s digital menu with crypto. The Digital Thali is a unique version of their meal, specifically designed for cryptocurrency payments. Pizza Palace Pizza Palace is a Gujarat-based pizza chain that has been accepting Bitcoin since 2017. This makes it one of the first merchants in India to adopt cryptocurrency payments. The restaurant’s official Facebook page features a post celebrating its first customer who purchased a pizza with Bitcoin. Suryawanshi Restaurants Suryavanshi Restaurant, located in Indiranagar, allows customers to pay bills using Bitcoin. Its Whitefield outlet also supports Bitcoin payments. The restaurant accepts payments via Bitcoin wallets such as Coinsecure, Unocoin, and Zebpay. Popular Tools for Spending Crypto Source: Freepik Here are some of the most popular tools used for spending crypto in India: Crypto Debit and Prepaid Cards Crypto debit and prepaid cards are one of the most popular and convenient tools for spending cryptocurrency. These cards work like regular debit or credit cards, allowing users to load their cards with cryptocurrencies and spend them anywhere that accepts traditional payment cards. A good example is the Upay crypto card. It is available to users in various countries and allows you to spend Bitcoin, Ethereum, and other supported cryptocurrencies. Crypto Payment Platforms These platforms allow users to make payments in crypto by integrating directly with online and offline merchants. They bridge the gap between cryptocurrency and traditional retail systems, enabling businesses to accept digital currencies without dealing with the complexities of blockchain transactions. Crypto Wallets Crypto wallets are essential tools for storing and spending cryptocurrency. Some wallets allow users to directly pay for goods and services using crypto, while others facilitate the conversion of crypto to fiat for easier transactions. Crypto Gift Cards For users who want to spend their crypto at popular retailers or on platforms that don’t directly accept digital currencies, gift cards provide an easy solution. Many crypto platforms and third-party services now offer gift cards for popular e-commerce sites and stores, allowing users to purchase products using their digital assets. Tips for Spending Crypto in India Source: Freepik Check for Tax Implications In India, cryptocurrencies are not classified as legal tender but the Indian government officially recognized cryptocurrencies by categorizing them as Virtual Digital Assets (VDAs). They also implemented a specific taxation framework for these assets. As a result, you’ll pay a 30% tax on profits from trading, selling, or spending cryptocurrency. Additionally, a 1% Tax Deducted at Source (TDS) is applicable for transactions exceeding ₹50,000 in a financial year. It’s important to maintain accurate records of all your crypto transactions, including dates, amounts, and values at the time of purchase and sale. Use Secure Wallets Wallet security is very important when conducting any cryptocurrency transactions. Chainalysis This underscores the importance of robust wallet protection. Use secure wallets like UPay to protect your funds. Upay’s advanced security measures offer reliability and protection for your cryptocurrency. Avoid sharing your wallet’s private keys and always keep your recovery phrase in a secure, offline location. Regularly updating wallet software and using secure networks for transactions can further safeguard your funds. Understand Transaction Fees Transaction fees can vary widely depending on the blockchain network. Wallets like Binance or Trust Wallet often display these fees before confirming transactions. Some wallets also allow users to customize fees, offering faster