Companies That Accept Ethereum in 2022

Ethereum is the second biggest cryptocurrency globally in terms of market share. It went live in 2015, and since then, it has gained a massive following. It is different from its competitor Bitcoin in various aspects, such as its transaction speed, investors' aim, and security protocols. 

Also, it is a decentralized platform running on blockchain technology and where developers can build applications. This digital asset network has its currency called Ether, an essential part of it. You can use it to pay for the services and products within this network the same way you can use the conventional currency. Below are places where you can spend Ethereum in 2022.

Picture 1 of Companies That Accept Ethereum in 2022

Crypto.com

The platform offers a massive selection of over 250 digital assets and allows you to buy and sell these digital assets and pay for your online purchases. The easiest and best way to spend your Ethereum is using the platform's visa to complete transactions. Also, you can use your Crypto visa card for digital collectibles via Cypto(.)com's NFT marketplace. 

Another legit way to spend your Ethereum is to invest in ETH tokens in a crypto asset account. You will receive a 6% based on the amount you spend and the duration of the lock-in period. 

Overstock

Overstock is among the early adopters of virtual currency payments, including Ethereum. You can purchase items on Overstock using Ethereum and choose to pay with this digital money at the end of checkout to complete your transaction. However, if you are shopping on Overstock using Ethereum, you need to go through the website and not the mobile app. 

In addition, Overstock allows users to qualify for refunds in Ethereum, and it issues the refund in US dollars which will be equivalent to the amount at the time of placing the order.

PayPal

PayPal, a renowned digital payment system, allows customers to use cryptocurrency on its platform. In 2021, it announced that US-based users could start using Ethereum and other cryptocurrencies to make payments. That feature is titled 'checkout with crypto.' 

If you have sufficient Ethereum balance to cover your purchase, the option will appear in your PayPal wallet at check out. You can use Ethereum as your preferred digital currency and complete the payment. What's more, there is no additional transaction fee when using the feature.

Bit Pay

Bit Pay is one of the world's largest providers of cryptocurrency payment services, and in December 2021, it allowed people to make real estate investments using Ethereum, among other digital assets. Through the platform, sellers can generate an email invoice and send it to the buyer, making their payments via Ethereum. Bit Pay then transfers your ETH tokens to their seller via direct deposits. Besides private sellers, the platform has partnered with real estate groups worldwide. 

Also, Bit Pay serves as an exchange so you can turn your Ethereum into traditional cash, including US dollars, to make purchases. Another exchange that can help you convert your Ethereum to conventional money is Ethereum Code trading app.

Travala

Travala is the world's leading blockchain-based platform for making travel bookings using Ethereum. It offers 40% discounts compared to other mainstream platforms hence its widespread popularity. Also, Travala has a native digital token known as AVA, which you can use to make bookings, receive funds, or redeem loyalty rewards. 

Without forgetting, Travala also accepts fiat currencies via credit card payments.

Parting Shot

Many merchants and services accept Ethereum payments these days. Therefore, you are not short of options if you are looking for places and platforms you can spend this digital asset.

David Pac

Update 20 March 2022