Pay credit card bill with bitcoin

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Can You Pay Bills with Bitcoin? Posted on April 1, in Debt Bitcoin is everywhere these days and seems like everyone and their mother has invested in some form of cryptocurrency. But, can you pay bills with bitcoin? The answer: yes you actually can pay bills with bitcoin! From your phone bill to your electric and gas bills, more and more companies are starting to accept crypto payments. Read on to learn how. How to Pay your Bills with Bitcoin There are a few different methods for how to pay your bills with cryptocurrency from Bitcoin debit cards to crypto bill pay platforms that allow you to convert cryptocurrency to cash, and even direct-to-biller payments with Bitcoin.

These platforms allow you to set up a schedule so that you can set it and forget it. Bitcoin Debit Cards Bitcoin debit cards are the easiest way to use cryptocurrency to pay your bills. You use bitcoin debit cards just as any debit card, allowing convenient payments. This happens because most bitcoin debit cards use protocols that quickly convert bitcoin into USD when swiping the card with a merchant.

Each transaction comes with a small processing fee, but the fee will be much less than what you would pay to convert bitcoin to USD on a cryptocurrency exchange such as Kraken or Gemini. Another good thing about bitcoin debit cards is that the merchant will always get paid in their local currency, allowing you to shop at any stores just like with a standard debit card.

This also allows for much faster payments by utilizing a Bitcoin wallet or account. Arizona has recently passed legislation to accept crypto payments as a valid form of payment for state and local taxes. While other states, including Illinois and Georgia, consider allowing Bitcoin state tax payments. Click here to view a comprehensive list of the crypto debit cards currently available on the market.

The platform boasts immediate transaction times and even allows you to use a combination of crypto and fiat currency to pay your bills. The Welto platform is currently working on a large-scale update that would allow for the use of more cryptocurrencies in the future. There is also a mobile app available for download on the Android operating system.

The best part is that the Welto platform is not alone. Click here to see a list the most popular crypto bill pay platforms currently available. Living Room of Satoshi The Living Room of Satoshi platform is an Australian-based cryptocurrency bill payment system that is already seeing substantial use in the country. The system is integrated with the BPAY bill system to provide users access to the most popular service providers in the area. This platform is excellent in its abilities and overall informative feel.

A quick review of this data is truly eye-opening. Credit cards bills are the 1 bill paid on the platform followed by the internet, phone, electricity, and gas. The platform even allows you to pay your rent with crypto. This is truly a remarkable tool for the BTC users of Australia and hopefully, they will expand their operation in the future. You may be surprised to find out that they already do or are planning to integrate it in the near future.

Corporations and governments from around the world are getting hip to the benefits of accepting cryptocurrencies and you may not be too far off from the day that you can even pay your taxes in crypto. It was reported in February of this year that Arizona was considering becoming the first state to accept cryptocurrency payments for property taxes. Yes, it is very easy to pay your bills with your Bitcoin wallet and there are thousands of people already doing this every day.