Top 4 Industries That Welcome Bitcoin


As bitcoin grows in popularity, more and more online and offline businesses are beginning to accept cryptocurrency as a form of payment. And with good reason. When you use bitcoin to make purchases online or at physical stores, you support local businesses. Not third-party companies. Here are a few of the top industries that welcome bitcoin and how it is growing.


Gambling Industry

The first primary industry to embrace bitcoin was the online gambling sector. When online gambling was still illegal in many states, poker players wanted to play for real money. These players turned to bitcoin as a way of bypassing the banks and credit cards that refused to process transactions.

Lacking a centralized authority, bitcoin appealed to companies. It wanted to allow players to play using their software code. Due to bitcoin storage on a computer, there is no need for a central server. Thus, making it ideal for online gaming.

The online gaming industry also has had security as one of its top concerns. This is where bitcoin shines. Crypto sports betting features encryption and is easy to verify. Hence, it eliminates the need for third-party servers. Also, other intermediaries might compromise security. However, only players 18+ and above can play.

Travel Industry

The travel industry is one of the most significant users of bitcoin. This is whether it’s booking flights, hotels, or even rental cars. More and more companies are using this cryptocurrency. This attributes to its ease of use and the that it doesn’t have to convert into different foreign currencies. Some of the biggest names in travel include and Both companies have been accepting bitcoin for several years now. However, the payment option still isn’t offered on every website within their network.

For example, you can book a flight through or buy concert tickets through However, you can’t book a hotel with bitcoin by visiting either website directly.

Electronic Commerce Retail Stores

Electronic commerce (aka e-commerce) retail stores have been attracting bitcoin customers since 2013. Due to the decentralized nature of cryptocurrency, e-commerce platforms do not have processing fees associated with their transactions. Thus, it makes accepting bitcoins an appealing option for retailers.

These websites sell everything from clothing to electronics to jewelry. All of which are more expensive than books. Also, other low-cost items that many bitcoin users like to purchase with their digital currency.

Top 4 Industries That Welcome Bitcoin 1

Food industry

The food industry took to embrace bitcoin in the last decade. Since its introduction, restaurants, eateries, and even bars have started accepting bitcoins as payment methods. These industries benefit from bitcoin in many ways. This is especially when it comes to cost reduction.

Due to bitcoin’s decentralized nature, there are no chargebacks or refunds that have to be processed. This way, these businesses can save money on transaction fees and get paid instantly. The food industry has seen increased adoption of this payment method ever since its inception.

Final Takeaway

Bitcoin isn’t a trend anymore. It is part of society’s economic system and is worth investing in. More high industries accept this and encourage us to use it because it makes the transactions simpler, effective, and fast, making the money exchange and transfer work easily.

About the author

Brent Dixon is the owner of E-Crypto News and an early adopter of cryptocurrencies. He is a Book editor- that has edited numerous books on Cryptocurrencies. He has been a writer for more than 30 years. Covering everything from Jazz Music to Blockchain Technology. He currently lives with his wife on Miami Beach, Fl.

Related Posts

E-Crypto News Executive Interviews

Crypto Scams

Beanstalk Farms Loses $80M In A Massive DeFi Governance Flash-Loan Hack
Beanstalk Farms Loses $80M In A Massive DeFi Governance Flash-Loan Hack
April 23, 2022
Joon Pak Head of Crypto at Prove talks to Us about Crypto Fraud And More
April 11, 2022
Mintable CEO Zach Burks Talks to Us about the Opensea Stolen NFTs and Their Recovery
March 21, 2022
Crypto Crime
Crypto Crime Surges To Record Highs As Thieves Follow Market Buzz – Chainalysis 2022 Report
February 24, 2022
Bots Circumvent 2FA Login At Coinbase And Other Crypto Exchanges In 2022
Bots Have Circumvented 2FA Logins At Coinbase And Other Crypto Exchanges In 2022
February 17, 2022

Automated trading with HaasBot Crypto Trading Bots

Blockchain/Cryptocurrency Questions and Answers

Roundtable Interview-What is the Effect of The Russia-Ukraine War on Cryptocurrency Prices?
March 4, 2022
How Does Bitcoin Casino Work + 2021 Beginner’s Guide
November 8, 2021
How to Buy and Sell Cryptocurrency
November 8, 2021
What Are Bitcoin Futures And How Will They Work In 2022?
November 4, 2021
The Unconventional Guide to Ethereum
October 28, 2021

CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin29,368 0.27 % 2.56 % 1.86 %
Ethereum1,961.6 0.70 % 4.57 % 3.18 %
Tether0.9997 0.02 % 0.16 % 0.17 %
BNB322.73 0.48 % 3.36 % 8.24 %
USD Coin0.9989 0.16 % 0.08 % 0.04 %
XRP0.4051 0.56 % 3.36 % 4.35 %
Binance USD1.001 0.02 % 0.13 % 0.12 %
Cardano0.9566 0.22 % 0.68 % 6.96 %
Solana49.25 0.21 % 6.62 % 8.19 %
Polkadot10.05 0.94 % 4.53 % 5.75 %

Bitcoin (BTC) $ 29,412.00
Ethereum (ETH) $ 1,965.35
Tether (USDT) $ 1.00
BNB (BNB) $ 323.36
USD Coin (USDC) $ 1.00
XRP (XRP) $ 0.405651
Binance USD (BUSD) $ 1.00
Cardano (ADA) $ 0.513675
Solana (SOL) $ 49.66
Polkadot (DOT) $ 10.05