Other ways to spend your crypto
Travel tickets
There are platforms and travel companies that currently allow you to book your flight tickets and hotel accommodation all over the world using bitcoin and other select cryptocurrencies. A few include Cheapair, Travala, Travelbybit, Expedia, Alternative Airline, Bitrefill, etc. some go as far as offering car rentals (Greitai), train tickets, and apartments renting (Destinia).
Gift cards and Airtime top-up
Platforms like Bitrefill, cryptorefills allow you to top up your mobile phones, purchase gift cards and other products using cryptocurrencies.
The cryptocurrency “Electroneum” can also be used to buy airtime/data directly from its mobile wallet in countries like Nigeria, Brazil, Tanzania, Turkey, Uganda, South Africa, and counting. Note that you can also cloud-mine Electroneum for free on the mobile app. It’s one of the cryptocurrencies you can earn for free.
There are currently a number of market places all over the world that allow you to purchase goods and services using crypto. Some other major retailers that accept bitcoin and some other cryptocurrencies for its products/services include Microsoft, Namecheap, Overstock, Purse.io, etc.
Investing in cryptocurrency does not involve sending your money to anyone/platform to do business and give you percentage returns. You simply buy a certain cryptocurrency with your local currency or other cryptocurrencies like bitcoin, ether… and hold them in your cryptocurrency wallet. You can sell them back to your local currency if/when the value increases over time to your satisfaction. The idea is to pick cryptocurrencies backed by good fundamentals. Don’t let anyone deceive you.
You are completely in charge of your money. The only risk involved is with the volatility (which is never a problem if you are holding a good cryptocurrency long-term) and losing your private keys – they represent access to your account. Pen them down carefully in a safe book and guard them in a waterproof/fireproof safe.
Volatility is what actually makes crypto-trading/investing a profitable venture!