Cryptocurrency has changed the way the conventional financial system was envisaged to work. Nobody has ever imagined that cryptocurrencies will become one of the best investment assets in the world. Crypto enthusiasts are optimistic about its value as well as utility in global finance.
Despite the popularity, some individuals, several organizations, and a few countries are not ready to accept cryptocurrencies. However, if you are a traveler and crypto supporter, there are many cities around the world that are crypto-friendly. Explore these cities to spend your crypto coins without any worries.
Crypto-Friendly Cities
Although crypto investments are widespread, there are limited cities where you can pay your bills in digital currencies. Discover the best places to travel with cryptocurrencies.
Toronto, Canada
Canada is one of the most supportive countries around the world for cryptocurrencies. There are some global crypto enterprises based in Canada. Decentral, a popular cryptocurrency wallet that has become widespread. Also, it created another blockchain wallet called Jaxx.
Apart from that, the most populous city and tourist destination in Canada, Toronto hosts more than two hundred crypto ATMs. It is one of the highest numbers of ATMs that a city has in the world.
Amsterdam, Netherlands
Amsterdam, the capital city of the Netherlands, is one of the crypto-friendly places in the world. Being the most popular tourist destination, it offers several activities that you will enjoy while traveling. It’s the home to many Bitcoin and Cryptocurrency enterprises, including BitFury and BitPlay.
Also, it hosts a Bitcoin ATM for every 800,000 people, and there are more than 70 merchants accepting Bitcoins. If you are a Bitcoin enthusiast, you will enjoy visiting the Bitcoin Embassy. You can purchase products and avail of services in exchange for Bitcoin in several places in the city. Most people in Europe consider it as a thriving place for crypto startups.
Zug, Switzerland
Switzerland is famous for chocolates, mountains and one of the wealthiest countries. There are several headquarters of crypto-based companies in Zug. Additionally, you will find many merchants in the country.
There is a small city called Zug in Switzerland, which has got the nickname “Crypto Valley.” This is because plenty of blockchain companies are based in the city. Moreover, the city is famous for a variety of wines that you can purchase with cryptocurrency. You can also avail of dental treatment and pay through virtual currencies in the city.
San Francisco, California
If you are little aware of the crypto market, you may have heard about the popular crypto exchange Coinbase. This popular crypto exchange is based in San Francisco. The city is also home to many blockchain and crypto-based companies due to the mass adoption of cryptocurrencies.
It’s no wonder that San Francisco is on the list as it’s one of the world’s popular tech-cities in California. More than 200 merchants and 60 crypto ATMs are available in the city. It’s not small in number as the total population is around 835,000 people.
Buenos Aires, Argentina
In South America, Buenos Aires is one of the popular cities for Bitcoin and cryptocurrencies. Being the capital city of Argentina, there are a large number of Bitcoin ATMs, and more than 130 merchants accept Bitcoin and crypto coins.
Due to the currency crisis, Bitcoin has become a medium of exchange in the country. As the inflation in the currency in the city is always high, Bitcoin can serve as a store of value for the citizens. There are several crypto-based startups based in the city, such as Buda, Ripio, Satoshi Tango, etc.
Lastly, If you want to start your investing journey, you can diversify your portfolio with cryptocurrencies. You can add some percentage of cryptocurrencies with other assets like stocks, bonds, commodities, etc. Crude oil is one of the most profitable assets in the global commodity market. You can learn about it from a platform like bitcoin fast profit if you are serious about investing.
Closing Thoughts
Whether you want to spend your vacation or go on a business trip, you can make payments in cryptocurrencies in these cities. You can buy various products and avail of different services in these cities with virtual currencies. Additionally, the cities also have crypto ATMs where you can exchange fiat with crypto and vice versa. Lastly, let us know your thoughts on social media.