Did you know that you can do more with crypto than just hold it in your wallet? That’s right, and there are plenty of ways you can put your digital money to work. While some use it to buy luxury stuff such as watches, others use their crypto to fund the vacation of their dreams. Whether you want to embark on a ski trip in the Alps or relax on a stunning beach, your crypto can now be an alternative to your debit card, allowing you to buy flights, pay for accommodation, or splurge at a fancy restaurant.
Yes, that’s how far technology has gone, and cryptocurrencies have transformed many sectors, including travel, providing an unparalleled level of convenience. Two decades ago, no one would have thought that it would be possible to travel the world without carrying cash in your wallet, and yet, this is how much society has progressed. It’s all possible now thanks to the development of cryptocurrencies. Binance data shows that businesses are increasingly accepting cryptocurrencies like Ethereum and Bitcoin – and travel companies are no exception. According to findings, 22% of American travelers use cryptocurrency as payment, and businesses are embracing this shift in order to stay relevant in the market. There are currently different airlines that accept crypto payments, including AirBaltic, Destinia, and Vueling. But you can also book hotels with crypto, and in some cases, you may even get to use your assets to pay for transportation.
In this blog, we will take a look at how to travel with crypto, so if you want to learn more, keep reading!
Which Destinations Around The World Are Crypto-Friendly?
Crypto-friendly countries are open to the use of digital assets and have integrated them into society by adopting regulations that provide crypto tax advantages. In these countries, you can use digital assets to pay for things like accommodation, dining out, transportation, and even specific activities (which is nearly everything related to your trip). In general, Ethereum, Bitcoin, and Tether are mainly accepted as payments, so we recommend loading up your wallet with them to ensure you can seamlessly pay with them when traveling.
Obviously, when planning to fund your trip with crypto, the most important thing to figure out is which destinations accept cryptocurrency. Here is a list of the countries you can choose from:
US
In the US, there are many states and cities that have embraced cryptocurrencies as a payment method. Moreover, the growing popularity of Bitcoin has led to a surge in Bitcoin ATMs across the USA, making it easier than ever to convert BTC to USD whenever needed. This widens accessibility and reinforces the convenience of digital assets Different cities, like LA, NY, and San Francisco, have built crypto solid communities, so they are excellent destinations to travel to. For instance, in New York, you can do nearly everything with crypto, whether you want to go shopping or fine dining in one of the city’s most famous restaurants.
Germany
Germany is famous for its stunning landscapes, and it’s one of the most crypto-friendly countries out there, making it ideal for your next vacation. It has accepted Bitcoin as a legitimate currency that can be used for discreet transactions, which has built confidence around the use of digital assets across the nation. In the capital city, Berlin, many merchants accept cryptocurrency, so whether you want to eat a delicious slice of Lieferheld pizza or go cycling around the city, you have a memorable time in Berlin by using your crypto.
Switzerland
Switzerland is famous for many things, including mouth-watering chocolate and winter sports, but it’s also a worldwide leader in finance. So, it’s no surprise that it was among the first countries to embrace cryptocurrencies. Switzerland’s legal framework is exciting, offering low to no tax to people and business crypto profits alike.
Zug, the capital of the Swiss canton of Zug, has more than 840 businesses that accept digital assets, and it has a lot to offer due to its charm, so it can be an excellent choice for your next trip.
Japan
When thinking of Japan, you may instantly picture cherry blossom trees and sushi. These are obviously some great things about the country, but do you know what’s better than eating sushi in Japan? Paying with cryptocurrency for that sushi! Japan was early to adopt Bitcoin as a form of payment (it did so in 2017), and there are now many crypto-friendly businesses in the country, making it an ideal option for crypto travelers.
What Are The Steps To Booking A Flight With Cryptocurrency?
Paying with crypto when traveling offers a range of benefits. First of all, it is quick, so unlike conventional payments, crypto payments take less time. This is because the tokens have a decentralized nature, meaning no intermediaries control them, thus allowing the transaction to be processed rapidly. Moreover, using crypto to fund your trips makes sense because of its security. Digital assets are harder to track than traditional payments, thanks to their level of anonymity, giving you peace of mind. Besides, since cryptocurrencies are borderless, you can use them internationally to make instant transactions. This eliminates the waiting time and restrictions regarding funds transfer. Monitoring the price of Ethereum and other crypto ensures you get the best value during your travels.
Luckily, booking flights with crypto is relatively straightforward, so as long as you have enough coins in your wallet, you can plan your adventure without any hassle! Here are the steps you must follow to pay for a flight by using your coins:
- Look for a travel agency that is open to crypto payments;
- Choose your desired flight from the list;
- Go to the booking page and fill in the required information;
- Choose the payment method used ( namely, Bitcoin or another acceptable crypto);
- Complete the payment via your crypto wallet;
- Check the confirmation email with the details of your flight.
The Bottom Line
The opportunity to use your tokens to pay for a trip is definitely exciting, so you shouldn’t miss the chance to book a flight to one of the destinations discussed in this blog.
As you learned, buying flights with crypto is simple, and it will only take a few minutes to get there!
So, decide where you want to go, start packing, and get ready for a vacation that you will not forget!