What you can buy for bitcoins and cryptocurrency in Russia and the world

Gold and jewelry

In 2023 you can buy them for Bitcoin on 4 main sites.

Expensive cars

In early 2021, Tesla started selling cars for Bitcoin. But already on May 13, 2021, the CEO of the American electric car manufacturer informed the public about the end of accepting BTC because of the negative impact of mining on the environment.

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However, thanks to the companies BitCars and AutoCoinCars, bitcoin users can buy expensive cars for cryptocurrency in 2023 as well. These organizations sell cars from the following brands:

• Volkswagen.
• Mercedes-Benz.
• Porsche.
• Koenigsegg.
• Lamborghini.
• Rolls-Royce.
• Ferrari and several others.

Private jets

Cars are not the only type of vehicles that can be purchased with Bitcoin in 2023. For example, bitcoin users have access to buying private jets. A company called Aviatrade is selling business jets for BTC. The corporation introduced the ability to pay for the purchase of private jets in 2020.

Yachts

At the end of 2017, Denison Yachting made its first sale of water transportation for digital money. Back then, such transactions required brokers – cryptocurrency exchanges like Coinbase. But in 2023, the yacht seller supports payment with digital assets directly.

Denison Yachting reported on the possible acceptance of cryptocurrencies back in 2014.

Real Estate

It is possible to buy an apartment or other housing in Russia in 2024 with Bitcoin, but it is not easy. In 2023, there are no real estate agencies in Russia to help with bitcoin transactions.

Where to buy an apartment for 1 coin:

• Moscow region. In Mytishchi and other cities there are one-room apartments and studios at the price of 1 BTC.
• St. Petersburg. Here for this price you can buy only a one-room apartment or studio.
• Ufa. Bitcoin-user will be able to buy a one-bedroom apartment or a small house in the suburbs.
• Chelyabinsk and Grozny. It is also possible to buy a one-bedroom apartment or a house.

Works of art

In 2023, there is an online store Singulart. In it, only physical paintings are sold. At the same time, customers of the platform are allowed to pay for purchases with bitcoins. After the purchase, the paintings are sent to their new owners.

Beginners and professional artists sell their works through the platform. At the same time, in fiat equivalent, many paintings cost a lot – up to ₽1 million and more. The price is influenced by various factors, such as:

• Painting technique.
• The popularity of the artist.
• The material of the painting.

Owning an island

As of 2023, you can’t officially buy land on the open sea or ocean. But bitcoin users are available to rent a private island Beran in the Marshall Islands. Such an offer is provided by the resort Beran Island in the Pacific Ocean. The rental price is 1 BTC. On the private island there is a hotel with 8 rooms for 16 people.

Online stores

The American service Overstock began to accept bitcoins one of the first. This online store trades almost any goods – clothes, tools, home appliances and others. At the same time, the service accepts:

But among bitcoin users, the following cryptocurrency online stores are more popular:

• Lanieri. The store sells clothes made in Italy.
• Newegg. The store sells mining equipment and other computer hardware.
• Etsy. This platform sells handmade goods. Etsy supports payment in bitcoins, but not all merchants accept them.

Offline shopping

As of 2023, there aren’t many stores that accept Bitcoin directly. Some retailers simply offer customers to buy gift cards and cryptocurrency cards with bitcoins. They can be used to pay in offline stores.

According to Coinmap, there are more than 80 places in Moscow that accept cryptocurrency.

Hotels and airline tickets

As of 2023, companies like Airbnb do not accept BTC. But there are other bitcoin-enabled travel planning services, such as:

• Travala. This travel platform is a popular analog to the Booking service. It accepts different digital assets and even has its own cryptocurrency AVA.
• Expedia. The service belongs to the international travel company Expedia Group. In 2023, hotel bookings for bitcoins are available on this platform.
• Webjet and CheapAir. Bitcoin users of these services can book flights and hotels, rent cars and motorhomes.

You can also buy travel insurance for cryptocurrency on Webjet. The site has a calculator to calculate the price.

Internet services

There are many bitcoin-supported websites in 2023. The main ones are presented below.

Video games

Bitcoin users often use cryptocurrencies to pay for entertainment products. In 2023, BTC is backed by stores such as:

• Microsoft Store. This digital distribution store from Microsoft Corporation replaces the old Xbox Games Store (for consoles). Bitcoin users of the Microsoft Store can pay for Xbox Live video games and subscriptions in Bitcoin.
• PlayStation Network. This is a service for downloading digital content from Sony Computer Entertainment. PS Network allows game subscriptions to be paid for in Bitcoin.
• Zynga. It is an online store with mobile and online games. The service supports cryptocurrency payment.
• Humble Bundle. This service sells digital copies of computer video games for Windows, MacOS and Linux operating systems. The online store supports bitcoins.
• Green Man Gaming. The retailer sells and publishes computer games. The official online store supports Bitcoin.

Education

For cryptocurrency in Russia, you can buy training courses. This option is supported by 2 companies.

Legal services

As of 2023, the only legal agency in Russia with support for payment in bitcoins is Moscow-based Legal Prime GS Consulting. It advises clients and helps them with issues such as:

• Bankruptcy.
• Court cases.
• Real estate transactions.
• Inheritance, etc.

Legal Prime GS Consulting does not have a website as of 2023. Prices in bitcoins are not available.

Catering

In this sphere, too, you can buy goods for BTC and cryptocurrency. For example, there are Zavist Bar establishments in St. Petersburg. In them, customers can buy alcohol and snacks for bitcoins.

On the outskirts of Moscow (in Zyablikovo), there is an institution Teacube. It serves dozens of types of teas that are difficult to find in stores. Payment with bitcoins is possible.

Medicine

There is a dental clinic in Moscow that accepts bitcoins as payment. Bassil Orthodontics is located on Kievskaya Street.

In the Moscow network of veterinary clinics “Vasilek” bitcoin users treat their pets for cryptocurrency. Clients can also contact Vasilek for such issues as:

• Maternity care.
• Training.
• Animal vaccinations, etc.

Gift cards and coupons

Gyft service helps customers make surprises for friends and relatives. Through the platform, users buy certificates and various coupons for bitcoins. Gyft cooperates with hundreds of companies and websites in Russia.

The service works according to the following algorithm:

1. Users go to the site.
2. They choose and pay for certificates and coupons.
3. Gyft makes transactions with the gifting companies.
4. Gift recipients use certificates and coupons in Russia.

Charity and donations

Blockchain technology also simplifies the process of financial aid and makes it more secure. At the same time, decentralized registries make it possible to track the use of donated funds for their intended purpose.

Below are 3 popular cryptocurrency charitable foundations for 2023.

Other services

You can pay for purchases with Bitcoin at stores and services from dozens of different fields. As of 2023, bitcoins are often accepted by companies such as:

• Delivery services.
• Online magazines like Bloomberg.
• Advertising and IT agencies.
• Hotels and hostels.

Shadow market

Bitcoins and cryptocurrency can be used to pay for the purchase of illegal goods and services. It is known that criminals often use digital assets. For example, after the closure of one of the illegal platforms, the US FBI seized more than 144 thousand BTC from the wallets of the platform. Many other illegal services also use bitcoins.

According to the forecasts of the Russian government for 2023, the turnover of the shadow market in Russia will amount to about ₽10 trillion.

How the purchase is made

You can make a payment using 2 methods:

• Transferring bitcoins or other digital coins directly to cryptocurrency addresses. This method is more often used by services. After the transaction by the client, the operator waits for the receipt of the specified amount in cryptocurrency and sends the goods to the buyer.
• Scanning QR codes for quick payment. This method is used more by offline stores. The method of scanning QR codes allows sending digital assets in a few seconds.

The time it takes for cryptocurrencies to be credited after payment depends on the network used. For example, in the Bitcoin blockchain, digital transactions are processed 20 minutes on average.

Transaction Confirmation

Information about the processing speed of cryptocurrency transfers in different popular networks is given below.

Use of cryptocurrencies for payment in Russia

Bitcoin is used in the Russian Federation as well. For example, users can buy:

• Food in stores.
• Courses in Russian schools.
• Apartments and other real estate.

Difficulties of the means of payment in the Russian Federation

Buying goods and services for bitcoin in Russia can be dangerous. In fact, citizens can not rely on it. Bitcoins or other coins and tokens can not be used to pay for goods and services. This is due to restrictions (Federal Law No. 259-FZ “On Digital Financial Assets”).

Stores and services that accept Bitcoin

The list is very wide. A few examples are presented below:

• Bitgild. Sells gold and other jewelry.
• AutoCoinCars. Sells automobiles.
• Aviatrade. Sells private airplanes.
• Denison Yachting. Sells yachts.
• Singulart. Platform for buying and selling physical paintings.
• Etsy. A platform for buying and selling various handmade goods.
• Travala. Travel service.
• ProtonVPN. Service for connecting to private virtual networks.

How to find out who accepts BTC

Coinmap service helps to do this. This platform provides users with a map of the world with marked establishments in which you can pay for purchases with bitcoins.

In 2023, the Spendabit search engine works. At the request of users, it provides information about places where you can buy something for cryptocurrency.

Features of the work of stores

Usually you can buy goods and services in services for bitcoins only by sending them to cryptocurrency addresses. But in offline stores, this method of payment leads to the appearance of large queues. For this reason, supermarkets and other establishments provide customers with QR for instant transfer of coins.

Quick response code scanning is available in many mobile cryptocurrency wallets like Bitcoin Core.

How you can use BTC in your business

Bitcoin and other digital assets can be used in many different ways in business. Using cryptocurrencies provides:

• Transparent savings management.
• Security of large transactions.
• Bitcoin payments and more.

Frequently Asked Questions