Since it was created, Digibyte aimed to become one of the safest, fastest, longest, and most decentralized UTXO blockchain in existence. Like Bitcoin, DigiByte is a decentralized digital currency that uses the same encryption techniques to transfer, mine, and confirm transactions. DigiByte takes pride in being of the fastest blockchains, and that is not to say less when blocks are processed every 15 seconds.
Although, DigiByte is more than a faster digital currency. The blockchain can be used for digital assets, smart contracts, dApps (Decentralized Applications), and secure authentication. If you want to learn more about DigiByte head to our post, “What is DigiByte?”.
With their goal of becoming the fastest, safest and most decentralized blockchain, merchants all over the world have started to use DigiByte for their businesses. It has received support from merchants not only for its incredibly fast transaction times but also because of the its high capacity for transactions on the blockchain and easier integration. More and more people worldwide are using DigiByte. If you want to learn more about DigiByte, click here.
Even as cryptocurrencies and its community of users have experienced significant growth in popularity and use, liquidity remains a substantial challenge for the whole industry, hindering its mass adoption and its integration into ordinary life. It is only natural for crypto enthusiasts and DigiByte holders to like to know where they can spend their coins. Fortunately, in the case of DigiByte, many merchants, stores, marketplaces, and apps accept the cryptocurrency as a form of payment. Here’s a list of places where you can spend your DigiByte:
The PolisPay concept was proposed in 2017 to bring real-world use cases to cryptocurrencies. This would be done through the implementation of a series of features that would enable its users to spend their digital assets on real-world goods and services.
PolisPay is a non-custodial, decentralized, multi-currency digital wallet. The app is cross-platform: iOS, Android, Windows, and macOS. The app allows users to send, receive, store, spend, and exchange cryptocurrencies. Users can buy gift cards with their cryptocurrencies or turn them into fiat using the PolisPay card. Additional features include the ability to exchange instantly between cryptocurrencies with their Shift services.
PolisPay app recently announced the integration of DigiByte to the app. With the inclusion of DigiByte, PolisPay users can now spend their coins in a variety of ways. Let’s go through the different ways you can spend:
The gift cards are a recently introduced feature on the app, that is why every month, more countries and companies are being added. Right now, a wide variety of gift cards are available such as; mobile top-up, internet recharges, DTH providers, and many more. There are also standard gift cards like Amazon, Netflix, Spotify, or Starbucks. With the PolisPay app, you can easily purchase gift cards paying with DigiByte and instantly get your favorite products.
As previously mentioned, every month, new gift cards and countries are added. At the moment, the app has support for more than 40 countries. It is essential to state that not every country has the same gift cards available. However, countries from Europe, Canada, the USA, and Mexico are amongst the countries with the most available gift cards. Gift cards are subject to country availability and to check that you must download the app.
Nonetheless, here’s the full list of countries with gift cards available:
Austria, Belgium, Bosnia Herzegovina, Bulgaria, Canada, Costa Rica, Croatia, Cuba, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, UK, Greece, Hong Kong, Hungary, Iceland, Indonesia, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malaysia, Malta, Mexico, Netherlands, Norway, Poland, Portugal, Romania, Russia, Singapore, Slovakia, Slovenia, Spain, Sweden, Switzerland, Thailand, United Arab Emirates (UAE), United States of America (USA) and Vietnam.
Part of the new features introduced on PolisPay comes a new way for our users to use their DigiByte to buy real-world goods and services, with a card that is accepted almost anywhere in the world.
It consists of a prepaid Mastercard® card, that can be recharged via the new feature of the PolisPay app: The gift cards.
The epay card is a prepaid card that is managed on a prepaid basis. You can use your card to pay almost everywhere where MasterCard® is accepted. Once the card is activated and topped up, you can use it worldwide: For online shopping, to pay in shops, or to withdraw cash from an ATM.
To learn more about the card’s fees, head here.
The epay cards are available for the following countries:
Germany, Austria, Belgium, Bosnia Herzegovina, Bulgaria, Cyprus, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Greece, Hungary, Ireland, Iceland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Sweden, Switzerland, Slovakia, Slovenia, Spain, and United Kingdom.
Alongside the epay card, the PolisPay is developing a debit card: the PolisPay card. This card is part of their goal of implementing a debit card couple that would allow any user to spend DigiByte as quickly as you would using fiat currency. PolisPay users will soon be able to use a debit card to spend their DigiByte on real-world goods and services.
The PolisPay card will work in a way that merchants get paid in their currency while you are charged in DigiByte from your prepaid balance. This guarantees that users will be able to pay for things, in establishments where cryptocurrencies are not fully adopted yet.
Bidali was founded in 2018 and is headquartered in Calgary, Canada. They are a company that focuses on allowing companies/merchants or individuals to accept low-risk crypto-payments from anyone in the world at a fraction of the cost. They also offer their users products and services in the form of gift cards that allow anyone to live on cryptocurrency more easily. Gift cards by Bidali deliver a catalog of gift cards, prepaid mobile refills that can be purchased using DigiByte and other cryptocurrencies worldwide. Users can buy a wide variety of gift cards for more than 140 countries.
Bidali offers its users a complete gift card service at the moment with many options for each with the three main categories of gift cards the offer being: Refill phones, Entertainment, Gaming, Shopping, and Travel.
For more information about Bidali, head to their website.
Travala was founded in 2017 and is headquartered in Lancashire, England. Travala has grown from a small start-up to the world’s leading blockchain-based travel booking platform trusted by thousands of customers worldwide as their preferred online travel agency. Travala bridges the mass adoption of cryptocurrencies by making available a basic service for travelers all around the world: a booking platform.
Travala connects travelers with one of the world’s largest selection of incredible places to stay, including everything from hotels, apartments, villas, and hostels to 5-star luxury resorts. The Travala.com platform currently offers 2,000,000+ properties covering 90,124 destinations in 230 countries and territories and with prices up to 40% cheaper than mainstream travel booking platforms. It allows users to pay with more than 25 cryptocurrencies, including DigiByte.
For more information about Travala, head to their website.
We just mentioned some of the most well-known places or ways you can spend your Digibyte. Still, there are many ways a user can spend their DigiByte like POS tools or payment processors like CoinPayments. These companies enable businesses to accept DigiByte and other cryptocurrencies through their APIs.
Other alternatives include the use of debit cards or prepaid cards, which we mentioned with PolisPay, but many different card options support DigiByte; luckily for our readers, we have a post that focuses solely on Digibyte cards.