Best Ways to Buy a New Apple iPhone XS with Bitcoin and/or Cryptocurrency
You Can Now Buy The brand New iPhone XS With Crypto
The long-anticipated iPhone XS, iPhone XS Max, and iPhone XR officially hit stores on September 21st.
The new iPhone is the most expensive one to date. This means that potential customers might need to use significant discretionary funds to acquire it. For an increasing number of Americans, these funds could be in cryptocurrency, rather than USD.
If you already have crypto in your wallet, you might not want to pay transaction fees for converting your BTC to USD. Not only can you potentially save money when you learn how to buy the new iPhone with crypto, but you can become part of the movement to start accepting crypto as legitimate currencies.
Here are a few ways to buy the new iPhone with Cryptos:
Crypto Debit Card
The easiest way in America to buy anything with crypto is with a crypto debit card, which can exist virtually or physically. Not only are crypto debit cards widely available, but any retailer that accepts credit and debit cards will take your crypto debit card, too.
This means that you can buy a new iPhone with Bitcoin from virtually anyone who is selling one. For instance, Amazon, Walmart, Best Buy, eBay or even the Apple Store will take a crypto debit card. Give below is a list of Crypto Debit Cards that you can use.
BitPay
BitPay is a leading Bitcoin payment processing service. In other words, the BitPay platform is one of the main ways that merchants accept Bitcoin in stores today. In addition to their platform, BitPay offers the BitPay Card, a preloaded card that any Visa-accepting merchant in all 50 states will process. This means that in order to spend money in stores or online using the BitPay Card, you have to add funds from your crypto wallet first. And when you buy something, you cannot spend more than the amount you’ve loaded onto your card.
Wirex
Wirex is its own cryptocurrency exchange and wallet. And they offer the Wirex Visa Card, a debit card that can toggle between fiat and cryptocurrency. Any retailer that accepts Visa will also take a Wirex Visa Card payment. Currently, the Wirex Visa Card works for fiat, Bitcoin, Litecoin, Ripple, Ethereum and 50 other altcoins. Instead of preloading crypto or fiat onto this card, it instantly converts your crypto into fiat when you make a purchase.
Shift Card
Like Wirex, Shift Card also functions anywhere Visa is accepted. However, Shift Card links to a Coinbase account, rather than functioning as its own wallet. This means that you cannot use Shift without a Coinbase account. n terms of fees, it costs $20 to get your first Shift Card. Similar to Wirex, Shift charges $2.50 and $3.50 for ATM withdrawals, but it’s cheaper to withdraw in America. There is no annual fee nor BTC to USD conversion fee, but international transactions cost 3%.
Online Retailers Who Accept Cryptos
Knowing how to buy the new iPhone with crypto in the U.S. without a debit card is a little more complicated. In America, none of the big name iPhone XS retailers accepts cryptocurrency. But this isn’t true everywhere.
Alzashop
Alzashop is a massive Czech retailer that had 2.9 million unique customers in 2017. They ship across Europe and even ship large ticket items like BMWs and Teslas. They also sell a lot of Apple products, including new and old iPhones. In 2017, Alzashop started accepting Bitcoin. However, Alzashop does not have its own Bitcoin platform. They’ve implemented Bitcoinpay, a program for merchant bitcoin processing.
Webhallen
Webhallen, a large Swedish electronics retailer, started accepting Bitcoin as early as 2014 and began taking Bitcoin Cash in 2018. They use BitPay’s payment platform. , Webhallen experienced a bump in sales when they integrated Bitcoin payments. The number of Bitcoin transactions they process is roughly equal to the number of transactions they accept for one of their smaller retail locations. Today, you can preorder an iPhone XS, iPhone XS Max and iPhone XR from Webhallen, which they will process on September 20th, 2018.
OpenBazaar: Decentralized, Anonymous Marketplace
Now, you can purchase an iPhone X and older models on OpenBazaar, a decentralized marketplace that sells just about anything. OpenBazaar accepts over 50 types of cryptocurrency. Want to buy an iPhone with Monero or DASH? You can do this on OpenBazaar.
Additionally, OpenBazaar doesn’t have any fees. This means that the buyer can pay less and the seller makes more. By comparison, eBay takes 9% of the sale and Amazon charges individuals $0.99 per sale or $39.99 per month for businesses.
To conclude with, If you’re in Europe, you can order the new iPhone with crypto right now from a few online retailers. But if you’re asking how to buy the new iPhone with crypto in America, the answer is a little more complicated. In the U.S., you need a crypto debit card to order an iPhone XS, iPhone XS Max or iPhone XR.
Add comment