The list of vendors who accepts Ethereum as payment is very saturated. Chances are that within a few years paying with Ethereum will just as common as paying with Fiat or Bitcoin. Contents show Ethereum price & analysis: Ethereum price has surged by 92% from last year and at the moment it is one of the best performing cryptocurrencies in the. EGifter is an online gift card platform that accepts Ethereum, or Ether as a payment method. Who accepts Ethereum as payment 2018 List of companies that accept Ethereum We accept Ethereum Cryptocurrency Today Does Amazon accept bitcoin or ethereum? Ethereum is the world's second-largest cryptocurrency with a market capitalization of $140bn. It's not surprising that so many stores and service providers accept Ethereum as a payment option together with Bitcoin payment.Here are the main categories of businesses where you can pay with ETH. In this article about 10 companies and businesses that accept ethereum, you will find the answers to what ethereum is, which companies accept digital.

• Does Amazon Accept Ethereum
• Where Can I Use Ethereum

Cryptocurrencies are so often discussed in terms of their investment potential, it is easy to forget that you can actually buy things with them. However they are currencies and as such can be exchanged for goods and services! So the purpose of this article is to show you who and where accepts Ethereum for payments.

Ethereum is a relative newcomer, compared with the likes of Bitcoin. It was launched July 30th 2015, so is only three years old at this point. As such, you may expect that adoption of Ethereum to be much lower than that of Bitcoin. To some extent this is true, there are certainly fewer places that will accept Ethereum transactions than Bitcoin transactions. However, for such a young currency, Ethereum is very popular. At the time of writing, it is ranked third in terms of market capitalisation, with only XRP and Bitcoin above it.

Ethereum’s rapid rise to fame came because, for many, it represented the next step in the evolution of blockchain technology. It took the central idea of Bitcoin and ran with it. Bitcoin is limited – it can only really function as a digital currency. However, blockchain can do far more than just underpin a currency.

Without going too deep (see our complete guide to Ethereum for that), the technology underpinning Ethereum makes it more than a currency, something more akin to a globally dispersed and shared computer. This has fuelled both Ethereum’s popularity as a digital currency and a whole raft of products that utilise Ethereum’s underlying technology.

Furthermore, compared to Bitcoin, Ethereum payments can be processed very quickly, allowing for much faster merchant consumer interaction.

All this means that, in 2019, there are plenty of ways to spend your Ethereum.

Contents

Moonassets.io

Key Info – Looking To Spend Your Crypto Millions?

• Lambos
• Yachts
• Private Islands

Work Out What You Will Spend Your Ethereum On

For all your supercar, private island and yacht needs, look no further than Moonassets.io – a platform that only accepts cyptocurrencies. In many ways, moonassets is kind of like every cryptocurrency trader’s ultimate fantasy, allowing you to deck yourself out with super luxury items like the Wolf of Wall Street, all priced up in crypto.

Currently, Moonassets lists prices for all its supercars, yachts and private islands in either Bitcoin, Ethereum or US dollars. However, when it comes time to buy, they only accept Bitcoin or Ethereum. This makes Moonassets unique – the only luxury goods site that deals exclusively in cryptocurrencies. At the time of writing, you could pick up a Ferrari California for just under 1240 Ether.

Even if luxury items aren’t your thing, this site is well worth a look for its audacity. It’s certainly something and is the only place on the internet you can buy an island with Ether.

Overstock

Key Info: Spend Your Ethereum On…

• Homeware.
• Furniture.
• Jewelry.
• Electronics.
• Threads to ensure you look fly.

Does Amazon Accept Ethereum

At the other end of the spectrum, we have overstock.com. Started in 1999, Overstock is no stranger to ecommerce. Selling homeware, furniture, clothes, jewelry and a host of electronic gear, you can pretty much buy everything you would ever need on their site. They are based in the US, but will do international shipping.

Central to Overstock’s persistent popularity with online shopper is the value the offer. There are a lot of great deals to be had here. Also, they have always been quick to adopt new internet trends and kept abreast of major shifts in ecommerce over the last two decades. This has lead them to accept cryptocurrencies as payment. In fact, they were the first major retailer to accept cryptos as payment, way back in 2014. Then, in 2017 they announced support for Ethereum, meaning that you can now pay on their site with Ether.

1000 Eco Farms

Key Info: Eat Your ETH

• Get all the nutrition you need thanks to Ethereum.

The one thing that has yet to feature on this list: groceries. However, if you head on over to 1000ecofarms.com, you can even buy fresh food with your cryptocurrencies! The site essentially pools together a host of ecologically friendly farms, allowing you to buy local organic food. Most of its user base are in the United States, although there are some participating farms in Europe, Asia and Africa. The system has payments going straight to farmers, and allows those payments to be in Ethereum, Bitcoin and other popular cryptocurrencies.

Also, in 2017 1000 Eco Farms launched a partnership with the Food Coin – a blockchain ecosystem that is tied to agriculture and food production.

Peddler

Key Info:

• Get bulk discounts on useful items and pay in ETH.
• Request items and Peddler will pool orders together to get you the best price.

Peddler.com uses the idea of collective bargaining to get great deals on all kinds of products. You can either browse peddler for current deals that they have, or can request something that you can’t find on their site. These requests are pooled together, so that peddler can negotiate bulk deals, resulting in savings for the consumer.

Peddler currently allows payments in Bitcoin, Ethereum and Litecoin.

Bitgild

Key Info:

• Use your Ethereum to buy gold and silver.
• Get straight up bullion or numismatic coins.

Bitcoin is sometimes described as ‘digital gold’, due to its portability, divisibility and limited supply. However, if that’s not authentic enough for you, you can buy real gold with your cryptocurrencies from Bitgild.com.

Bitgold sell precious metals like gold and silver, rare coins and other collector’s pieces. They also accept a selection of cryptocurrencies: Bitcoin, Litecoin, Ethereum and Ripple. They aren’t new to the crypto game either, and have been accepting cryptocurrency payments since 2013.

Pizzaforcoins

As any economist will tell you, no currency is truly valuable until it can be exchanged for pizza. Luckily for those of us involved in the world of cryptocurrencies, Pizzaforcoins.com allows you to order pizza and pay in crypto. They have been accepting bitcoin since 2013, although following a partnership with the crypto exchange Shapeshift they now boast acceptance of fifty different cryptocurrencies. So of course, you can buy pizza with your Ethereum!

Bigcoin

Finally, there’s Bigcoin.io. This is an online platform that allows you to pay with cryptocurrencies on a huge range of sites, including Amazon and Ebay. Bigcoin act as an intermediary between you and the site, allowing you to pay pretty much anywhere with cryptos.

The full list of cryptocurrencies they accept is: Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Dash, Monero, Binance Coin and Dai.

Bigcoin do charge a fee for this service though, meaning that in most cases it is probably cheaper for you to buy using regular currency.

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Bitcoin and Ethereum, the de facto cryptocurrency leaders, have firmly conquered the world of the cryptocurrency market. What are their features? Which of them to choose? The fact is that other cryptocurrencies are much closer to Bitcoin and Ethereum than Bitcoin and Ethereum to each other. Nonetheless, let’s try to figure it out.

Ethereum vs Bitcoin: An Overview

Bitcoin (BTC) is the main decentralized digital blockchain-based cryptocurrency with a market capitalization of more than $638,488,720,800, launched in 2009 by a mysterious Satoshi Nakamoto. Although BTC was not the first version of a digital currency, it has come to be known as a predecessor to all cryptocurrencies launched over the past decade.

Bitcoin payments are processed by computers linked through a shared ledger. All transactions are recorded into a “blockchain” of each computer.

Ethereum(ETH), launched in 2015 by Vitalik Buterin, is a blockchain-based open-source decentralized platform, used for its cryptocurrency, Ether, the second-largest cryptocurrency by market cap after bitcoin. It is also a ledger technology that is used by companies for building new programs.

On the one hand, Ether and bitcoin have much in common: each is a digital currency traded via online exchanges, both are decentralized (not issued or regulated by anyone), both use the distributed ledger technology, better known as the blockchain. On the other hand, there are also many global distinctions between the two crypto leaders.

Key differences between Bitcoin and Ethereum

Before making a decision “Should I buy Bitcoin or Ethereum?” you need to know their general features.

#1 Targets and use cases

Despite both being attractive to crypto investors, Ethereum and Bitcoin have vastly different targets and use cases. Bitcoin is more of an aspirational store of wealth and payment currency, so users who invest in it intend to hold it for the long term.

Bitcoin is like a decentralized store of value – a peer-to-peer currency used for financial transactions without the involvement of third parties in payment technology. Bitcoin’s purpose is to be an alternative to fiat currency.

Ether is a whole different animal. Ether was primarily launched as a digital currency on the Ethereum network to run decentralized blockchain-based smart-contract applications (ĐApps) without downtime, control or third party interference, that do not go offline and cannot be altered. It is more often used as gas fees in transactions for other tokens.

#2 Transactions

Ethereum’s block time (transaction speed) is seconds. Bitcoin’s block time is minutes. Bitcoin’s transactions are manual and proved by miners. Based on smart contracts, Ethereum’s transactions are automatic, so it provides high speed and security of transactions.

#3 Transaction fees

Where Can I Use Ethereum

The Bitcoin transaction fees do not depend on the transaction amount. Users can manually set the desired fee value, however, the transaction may freeze due to a small fee amount, since miners can process transactions that are more profitable for them.

Ethereum has fees for confirming transactions. Users pay fees in Ethers, converted into gas (a denominated Ether unit used to pay for transactions on the Ethereum blockchain).

#4 Total supply

The bitcoin total supply is limited (21 million), so that it leads to a shortage of currency on the market and increases its value. To prevent BTC depletion, the process of halving is built into the protocol to shorten mining rewards every 4 years. Ether, on the contrary, is not limited, it’s production is continuous.

#5 Bitcoin vs Ethereum blockchain

Ethereum and Bitcoin blockchains run on separate protocols: Ethash and SHA-256.

Ethash

Ethash is a proof-of-work hashing encryption algorithm designed specifically for Ethereum. It is based on two algorithms: Dagger and Hashimoto. Dagger is an algorithm that places strict demands on the memory of a video card. Its principle of operation is similar to Scrypt, but its performance is higher, especially while increasing network complexity. The Hashimoto algorithm works with input/output operations. Particularly, it limits the speed of production, as the amount of memory for writing and reading information is not infinite.

SHA-256

SHA- is a Secure Hash Algorithm, 256 means that algorithm generates a 256-bit hash, i.e. a string of 256 bits. The hash rate is calculated in units of gigahashes per second (GH / s). It takes from six to ten minutes to create one block.

#6 Flexibility

Unlike the Bitcoin blockchain, Ethereum is a flexible network that allows storing bitcoin on it, so-called “Tokenized bitcoin”. Tokenized bitcoins allow users to make BTC payments when interacting with decentralized finance (DeFi) services developed in the Ethereum ecosystem. Ether can not be stored on the Bitcoin blockchain.

Buying Bitcoin vs Buying Ethereum

Valid methods for buying BTC and ETH online are generally the same: via bank transfers, credit or debit cards, cash, and cryptocurrency exchanges. You need to choose a platform, create an account, deposit money and buy chosen cryptocurrency.

What to choose for payments?

Needless to say, there are benefits in using both Bitcoin and Ethereum. BTC is more liquid and has a lower coin supply than Ethereum, but Ethereum has better technology, huge potential, and provides more uses than Bitcoin does. Bitcoin is more widely used as a payment alternative to fiat money.

However, as ETH is used to fund transactions at rising costs, DeFi users, for instance, must buy Ethereum to pay for associated fees, this leads to the Ethereum price rise, and over time its value will likely be more useful in everyday life. Nowadays, more companies and services accept Bitcoin payments than payments with Ethereum, but it is just a matter of time.

The bottom line

Having said this, the primary differences that separate Ethereum from Bitcoin are their purposes and their concepts. Ethereum blockchain runs smart contracts, and Bitcoin focuses on manual payment technology. Ethereum has unlimited use cases, while Bitcoin tackles payment and banking issues. More and more businesses accept BTC as a method of payment, more and more applications become widely used on the Ethereum network.

Over the time, Bitcoin and Ethereum are becoming more compatible by the implementation of tokenized bitcoins or many planned “cross-chain” developments, designed to let people connect different blockchains and transfer coins more freely among them.