For many of us, there’s nothing that beats traveling and exploring the world. When it comes to footing the bill for the trip, many of us reach for our debit and credit cards. While cash tends to be the payment method we opt for most, more and more people are realizing they can use Bitcoin to cover the costs.
How to Use Bitcoin to Pay for Travel
Bitcoin is a kind of digital cryptocurrency that serves the same functions as traditional currencies, such as the US dollar. If you want to plan an upcoming getaway, here is a guide on how you can use Bitcoin to pay for your trip.
What Companies Accept Bitcoin?
You will be happy to know that there are many online travel agencies that accept Bitcoin and other kinds of cryptocurrency. These include Destinia, Berkley Travel, Travala, and CheapAir. If you use these agencies, you have the option to book hotel rooms and airline tickets too. Even for those who prefer booking flights directly through an airline, you are in luck. In 2014, AirBaltic became the first airline in the world to accept crypto.
With more and more consumers looking to pay for travel with cryptocurrency, it’s likely we’ll see more companies accepting Bitcoin going forward. This means you shouldn’t have too much of a problem finding a provider who accepts cryptocurrency when booking your next trip.
How to Book Your Trip with Bitcoin
For travelers who would like to book their next trip with Bitcoin but are yet to acquire any, there are plenty of online platforms you can use to easily and quickly do so. Consumers can simply open an account with a reputable exchange website and start transferring real money into cryptocurrency. This can be stored on an online website.
You can use your credit card to buy Bitcoin too. Paxful can help you with this where you can easily buy BTC with a credit card. This platform is a global peer-to-peer platform that welcomes Bitcoin buyers and sellers from all over the world.
Pros of Booking Travel with Bitcoin
Booking accommodation and flights online with Bitcoin is a fairly uncomplicated process that’s very similar to paying with a debit or credit card. Many consumers are drawn to the safety and security cryptocurrency provides. This is managed through a decentralized technology known as blockchain. As the services and goods linked with travel are relatively high-value purchases, travelers look for safe and trusted transactions above anything else.
You can also use Bitcoin to save money by avoiding expensive foreign exchange fees. You can use a Bitcoin ATM to convert local currency into BTC. This can then be converted into another national currency for a tiny or nonexistent fee. Whether you’re going on a romantic getaway or a family vacation, paying with Bitcoin rather than converting cash to the local currency may save you some hassle.
There is no denying that Bitcoin has become an increasingly popular payment method across numerous industries, with the travel sector being no exception. If you’ve invested in Bitcoin and want to explore your options, you may just like the idea of using cryptocurrency to pay for your getaway.