So, you are wondering who accepts Bitcoin?
Then you’re at the right place.
See, there are dozens of articles out there with massive lists of companies that accept Bitcoin…
HOWEVER, most of them are not updated at all and completely inaccurate.
We decided to solve that problem.
Without further ado, let’s dive right into it!
Major Companies That Accept Bitcoin
At a $900 Billion valuation, Microsoft is among the largest companies in the world. The tech-giant started accepting Bitcoin back in early 2014, when the Bitcoin price was still hovering around $300.
Although Microsoft briefly stopped accepting Bitcoin after transaction fees skyrocketed in late 2017, they have enabled BTC payments again to purchase movies, games, and apps in the Windows and Xbox stores.
Having sold more hotel rooms in the past 20 years than human beings living in the USA, Expedia is the largest travel company on the globe.
The company started accepting Bitcoin in June of 2014 to give its customers an additional payment option for purchasing flights and hotel rooms.
UPDATE: Expedia stopped accepting Bitcoin in June of 2018 after Coinbase stopped supporting its custodial merchant tools. The company has not confirmed whether they will look for a different provider, or not.
At the time of writing, Overstock is valued at $650 Million and its main business focus is the online resale of designer brands and home goods.
When a Bitcoiner is asked who accepts Bitcoin, then very often Overstock will be the first company to come to mind.
In January of 2014, Overstock became one of the first retailers worldwide to start accepting Bitcoin, which its users can still use today to buy any product on the platform.
The company is also well known for its other ventures in the blockchain space, namely its tokenized securities exchange “tZero” and its active support of the cryptocurrency “Ravencoin”.
In November 2013, the first Subway store ever started accepting Bitcoins as payment. The store is based in Moscow and has been accepting BTC ever since.
It’s important to note that this is just the decision of an individual store, and there are no plans at the moment for all Subway franchise stores to start accepting Bitcoin.
Ranked by Alexa as the 5th most popular website in the world, Wikipedia is a crucial component to the very fabric of the internet. The online encyclopedia is a non-profit organisation, which is exclusively funded by donations from its users.
Wikipedia made news back in 2014 when it announced on its blog that it will now start accepting Bitcoin donations.
Although exact number of Bitcoin donations is not publicly disclosed, the “Donate Bitcoin” is very prominently displayed on the donation page.
With 10+ Million domains under management, Namecheap is among the largest domain registrars in the world. The company was founded back in 2001, and is now generating $100+ Million in yearly revenue.
After adding support for Bitcoin payments back in July of 2013, Namecheap became one of the first companies that accept Bitcoin. The company also proudly shared this announcement on its official Twitter account.
Accepting cryptocurrency was a logical next step for the company, which is well known for supporting several internet freedom initiatives like Electronic Frontier Foundation and Fight for the Future, to which it has donated $300k+ over the past few years.
eGifter is one of the largest gift card companies out there and has fully disrupted this market by enabling users to easily buy gift cards online, without the hassle of having to visit a local store.
Although there never was an official announcement, eGifter has been accepting Bitcoin for years. eGifter users can shop hundreds of gift cards with Bitcoin, including massive brands like Adidas, Domino’s Pizza, Nike, and even Walmart.
CheapAir.com is a US-based online travel agency that has been established back in 1980. Although the company is not as popular as other travel titans like Expedia, it still processed close to 5 Million trips back in 2015 (the latest publicly available stat).
CheapAir.com started accepting Bitcoin back in 2013, for both flight and hotel bookings.
After briefly pausing the payment option in April of 2018 due to Coinbase shutting down its custodial merchant service, the company started accepting Bitcoin payments again shortly after with the help of a different provider.
In January 2018, among the massive hype and hysteria of the cryptocurrency bull market, KFC Canada announced that they are offering a product called the “Bitcoin Bucket” for a limited time.
This “Bitcoin Bucket” costed approximately $20 and could be purchased with Bitcoin directly through the KFC website. KFC even went as far as tweeting that if Satoshi Nakamoto revealed his identity, the company would give him a free “Bitcoin Bucket”.
Virgin Galactic is a space travel company that belongs to the travel goliath Virgin Group, which at the time of writing is worth north of $7 Billion.
In a blogpost published in November of 2013, Richard Brandson (CEO of Virgin Group) announced that the company will now accept Bitcoins as payment.
In the announcement the company also shared that one client has already made a purchase for a future space trip by using Bitcoin.
Shopify is an enormously popular e-commerce software that was launched back in 2004. Since then, over 500,000 online stores have used Shopify, generating over $40 Billion in revenue for the company.
Although Shopify does not accept Bitcoin at the moment to purchase its own software, it does enable its 500,000+ customers to integrate Bitcoin payments into their online stores.
This is achieved through a partnership that the company made with Bitcoin payment processor BitPay. According to their website, thousands of Shopify merchants are already accepting Bitcoin.
4Chan is an anonymous image board community that was launched back in 2003. The website is known for its controversial discussion topics and multiple scandals that were coordinated through the platform.
One notable example is when back in October of 2008 the 4Chan community was directly responsible for the Apple stock price crashing by 10% after fake rumors of Steve Job’s death were spread.
Nonetheless, 4Chain receives 22 million monthly pageviews, which puts it among some of the most popular websites worldwide. The platform offers a “Pass”, essentially a premium membership, that can only be purchased with Bitcoin, Bitcoin Cash, Ethereum, and Litecoin.
With a yearly revenue of $2.7 Billion, Newegg is not only a massive computer hardware retailer, but also one of the largest privately held companies in the US.
The company started accepting Bitcoin payments back in 2014 at the bottom of the second major Bitcoin bear market, and has enouraged its users to make use of BTC ever since.
It’s important to note that Bitcoin payments on Newegg are currently only available to customers in the United States.
Although, Wikileaks isn’t a company, it does deserve to be on this list of places that accept Bitcoin. WikiLeaks is a global non-profit organisation that enables anonymous sources to publish secrets the humanity should know about.
As with most non-profit organisations, WikiLeaks is almost entirely supported by donations.
Unfortunately, it didn’t take long for PayPal and all major credit card companies to ban WikiLeaks from using their tools.
Hence, Bitcoin was the only option left for WikiLeaks.
Interestingly, since WikiLeaks started accepting Bitcoin donations back in 2010 when the Bitcoin price was just pennies, the organisation now has a massive warchest that will enable it to keep going for the foreseeable future.
Founded in 1953, PlayBoy is one of the oldest adult entertainment magazines out there. In recent years, as the print magazine industry continued its persistent decline, the company has also pivoted into online content.
The company got widespread media attention after announcing in March of 2018 that it would soon accept cryptocurrency payments on its platform.
Initially, cryptocurrency payments will only be supported for buying premium features in “PlayBoy TV”, but the plan is to expand this payment method into their remaining online offers as well if there is demand.
With approximately 3 Billion pageviews per month, PornHub is among the 30 most popular websites on the globe. The site offers a premium subscription, which, reportedly, many users hesitate to buy with their credit card for privacy reasons.
To address this problem, PornHub chose to start accepting cryptocurrencies. Initially, the only cryptocurrency this adult entertainment network accepted was “Verge”, after striking a deal with the development team.
However, shortly after, the company also added support for Bitcoin, Ethereum, and Litecoin.
Badoo, a dating website with 200 Million registered users, announced back in 2015 that it was going to start accepting Bitcoin payments for its premium features.
That being said, although the company was very fast to integrate Bitcoin, this has come at the cost that some users are experiencing issues with BTC payments on the platform.
In the words of a frustrated Reddit user: “ They are using some really broken, terrible system and after 3-4 tries and a total of $10 down the drain I gave up.”
How many merchants accept Bitcoin?
Calculating the exact number of stores that accept Bitcoin is hard because Bitcoin payment processors are very secretive about their user statistics.
CoinGate, a medium-sized Bitcoin payment processor, said that its tool is currently used by 4,500 merchants.
Since Bitpay, Coinbase Commerce, and BTCPay are significantly more popular than CoinGate, it’s fair to assume that the total number of merchants accepting Bitcoin is in the tens of thousands.
Does Amazon accept Bitcoin?
After Amazon purchased 3 cryptocurrency related domain names in late 2017, speculation arose that the e-commerce titan might be about to start accepting Bitcoin for payments on its platform.
That rumor was quickly debunked by Amazon Pay’s VP Patrick Gauthier, who confirmed that Amazon had no short-term plans of accepting Bitcoin, and that the domain registrations were likely only made for Amazon to protect its brand name.
So, Amazon won’t be joining this list of companies who accept Bitcoin for now.
That being said, although Amazon currently does not accept Bitcoin payments, that does not stop Bitcoin enthusiasts from using their coins to buy products on Amazon, indirectly.
The most popular way to do so is by using Purse.io, which essentially works by other people making an order on Amazon for you, in exchange for you paying them in Bitcoin.
The experience is seamless and comparable to buying on Amazon directly, with the only difference that you’re paying in Bitcoin.
How to pay with Bitcoin?
Now that you know who accepts Bitcoin, the next step is to learn how to actually pay with Bitcoin.
Paying with Bitcoin is simple and only takes a click if you already have some Bitcoin and a Bitcoin wallet on your phone.
When you’re on the checkout page, and you have clicked on “Pay with Bitcoin”, then you will be redirected to a page similar to the following one:
Please note that the exact layout varies a bit from site to site, since there are many different Bitcoin payment providers.
Now, all you need to do is scan the QR code with your Bitcoin wallet app, confirm the transaction on your phone, and that’s it!
If you don’t have any Bitcoin yet, then check out this guide of the best cryptocurrency exchanges for beginners to learn where you can get some.
Also, if you’re looking for Bitcoin wallet that is ideal for payments then check out the Blockchain Wallet App. It’s available for iOS and Android.
What can you buy with Bitcoin?
As I already showcased by outlining all the major companies that accept Bitcoin, it’s possible to buy many more things with Bitcoin that what mainstream media reports.
Aside from software, electronics, food, flight tickets, and other consumer goods, Bitcoin can also be used to buy/obtain/hire the following:
- Real Estate
- Online freelancers
- Financial products
How to accept Bitcoin as payment?
Accepting Bitcoin as payment is simple, and there are two main options available: using your own Bitcoin address, or using a Bitcoin payment processor.
Let’s quickly analyze the pros and cons of each option
Using your own Bitcoin address
When using your own Bitcoin address to accept payments, getting started is as simple as creating a Bitcoin wallet and adding your wallet address to your website.
This is what it would look like:
This is very simple to set-up, and you don’t have to rely on any third party payment processors (which saves you some fees).
However, it also makes invoice and payment management a lot harder, since you will have to manually assign yourself every payment to a customer.
Hence, this is not a viable option if you receive several orders per day, and is only a good fit for small businesses or websites wanting to accept donations.
Using a Bitcoin payment processor
The second option is to make use of a Bitcoin payment processor like Bitpay, CoinPayments, or Coinbase Commerce. These payment processors not only offer invoicing and order management features, but also a very intuitive user interface for your customers to make a purchase.
Installing a Bitcoin payment processor is not much different from adding a payment option like PayPal, and the payment processors mentioned above will be happy to assist you in the set-up.
The main downside in using a Bitcoin payment processor is that you will have to pay a small transaction fee to the service provider. However, that small fee is definitely worth paying for since the alternative is much more cumbersome if you receive more than just a few payments per day.
We are constantly updating article. So if you think that we missed a major company that accepts Bitcoin, please do let us know in the comment section below!
CoinDiligent Staff Writer