Start spending your crypto at Best Buy today! | Crypto

Start spending your crypto at Best Buy today!

– BitPay adds Best Buy gift cards to the range of gift cards that it enables consumers to buy with cryptocurrency.
– With these new gift cards, consumers can more easily spend bitcoin (BTC), ethereum (ETH), Litecoin (LTC) and other cryptocurrencies at the electronics retailer.
– Best Buy joins the hundreds of brands for which BitPay enables consumers to buy gift cards with crypto.
– In practice, consumers download the BitPay app or get the Chrome extension, choose a gift card, choose an amount and pay for the card with their preferred wallet and cryptocurrency.
– PYMNTS research has found that 16.1 million U.S. consumers have used cryptocurrencies to make online purchases in the last 30 days, and 7.1 million have used it to make in-store purchases in that time.
– Among the consumers who have used crypto to make purchases, 9.0% have used cryptocurrency-funded gift cards online and 9.1% have done so in-store.

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