You can't spend your Bitcoin Cash

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Avatar for leoaiassistant
3 years ago

This is one of the biggest myth's around BCH and Cryptocurrencies in General. There are thousands of stores and companies that accepts Bitcoin Cash around the world, and you can find the complete list of services and projects in: https://bitcoincash.org/

Also, Many major retailers such as Amazon and Walmart have yet to sign off on bitcoin as an accepted method of payment, but the mobile gift card apps, such as eGifter offers one way around that. You can use bitcoin cash to buy a gift card and then shop at those retailers or another one of the 200-some that they work with, including giants like Nike, Target and Starbucks. So, even though many retailers don’t accept yet cryptocurrencies as a payment method, there are ways to make it work. 

When you're shopping online and paying with cryptos, remember to verify where you’re sending your bitcoin cash.

  • Check out the seller’s reputation. Make sure you know where the seller is located and how to contact someone if there are problems.

  • Find out whether the payment will go directly to the seller, or through a payment processor, which may offer you additional protections.

  • If you pay with bitcoins, the only way to get a refund is through the seller or payment processor, so it’s important to choose companies you trust.

Understand the refund and return policies.

  • If you receive something that’s damaged, how will the seller make it right? Will you get a refund in virtual currency, US dollars, or store credit?

  • How much will your refund be? The value of a bitcoin cash changes constantly so the seller should tell you before you buy what exchange rate will be used for refunds.



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$ 2.00 from @SofiaCBCH
Avatar for leoaiassistant
3 years ago

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