Guide to Using Cryptocurrency in Your Travels 2022: A Beginner’s Guide

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In this post, we are going to talk about the Guide to using cryptocurrency.

Today, the application cases for cryptocurrencies have evolved well beyond anyone’s wildest imagination. Nobody thought that cryptocurrencies would be widely used in the future just a few years ago.

However, the future has arrived. Cryptocurrencies are used in every area and by every type of business. As a result, it is past time for you to become acquainted with this remarkable technology. 

Bitcoin and other cryptocurrencies are widely available and significantly superior to the old banking system. This is because they are decentralized and also incredibly safe and secure when they are created.

Apart from this, there are numerous reasons why bitcoin and cryptocurrencies are being used globally and in every business, including the tourism industry.

There are numerous applications for cryptocurrencies in the travel sector, and we will shed some light on the subject in order to lead you in the proper direction.

Guide to Using Cryptocurrency: Book Hotels & Accommodation

Booking hotels and accommodations are at the top of the list of fantastic things you can do with bitcoins. When traveling to foreign nations, you must arrange for housing because you will be there for an extended period of time.

As a result, the location of your stay should be fairly pleasant and pleasing. Using cryptocurrencies is clearly the best course of action.

Guide to Using Cryptocurrency

There is nothing, but you must utilize your cryptocurrency wallet to complete the transaction. You can accomplish this through a variety of approaches.

For instance, you can pay directly on the hotel’s website during the booking process or make a payment on the site. These are the choices that each hotel company provides to ensure that you have a trouble-free trip.

Buy Air Tickets

Prior to booking the lodging, another critical step is to book the airplane tickets. Wherever you travel, you must purchase a ticket, which you can now do extremely rapidly using bitcoins. 

Due to the fact that cryptocurrencies are safe and secure, they make it easier to pay for airline tickets or any other mode of transit.

Even if the business’s payment mechanism is out of date, it will accept payments in cryptocurrencies as they become more fashionable.

You can book a ticket directly through the airline’s website or through an agency. While most individuals prefer an agent, we would recommend paying directly on the website.

You may use your cryptocurrency wallet to purchase plane tickets, as well as gift cards for some famous airline companies.

Bitcoin-friendly Travel Locations

Even while bitcoin or any other cryptocurrency is not widely accepted on a worldwide scale, there are specific locations where travelers can quickly travel and pay with crypto coins.

These are some of the bitcoin-friendly vacation destinations where you can spend your time.

1. El Salvador: It was the first country to legalize bitcoin, and so there is no other country in the world that is more receptive to cryptocurrency. Additionally, it is a legal recipient of bitcoins, which means that if you have bitcoins, you will enjoy a variety of benefits here.

2. San Francisco: Known as the technical capital of the United States, San Francisco is home to hundreds of traveling business groups that accept bitcoin payments. As a result, it is a popular destination for you to visit throughout the holidays.

3. Malta: Additionally, you may consider this location a Blockchain island due to the presence of numerous financial enterprises and commercial groups. These businesses accept bitcoin payments, ensuring that you have a wonderful vacation here.

However, as cryptocurrency grows more prevalent, there are additional risks, particularly when it comes to preserving your digital security.

Traveling with cryptocurrencies such as Bitcoin or Ethereum is made possible by blockchain technology… yet… 

Whether you’re interested in learning more about the crypto nomad lifestyle or simply want to purchase a beer with Bitcoin, here are ten recommendations for traveling safely and having fun with bitcoin.

10 Most Efficient Ways to Travel with Solely Cryptocurrency

When you spend bitcoin or Ethereum as a digital nomad

1. Get a hardware wallet for day-to-day transactions

Feliz Weis, a 30-year-old Luxembourger who traveled the world only on bitcoin, depended on a Trezor wallet. He was so determined to protect his wallet that he traveled to the Czech Republic in person to retrieve it.

2. Use a multi-signature wallet for your savings

If you keep your daily money in a hardware wallet, save it in a multi-signature wallet.

“Ask yourself ‘what if?’ questions,” Bryan Micon, a cryptocurrency trader, and traveler, recommends.

“What if you misplace your phone? Are you properly backing up your wallet? Are you going to bring your Trezor or leave it at home in the safe? We are all aware of what happened to Fluffy Pony when he attempted to take his on a boat!”

3. Two-factor authenticates your life.

One of the best aspects of cryptocurrency is also one of its worst: the community is technologically oriented. This means that safeguarding your digital identity is critical while using cryptocurrency.

Every traveler’s critical accounts, including banking, email, and all social media platforms, should use two-factor authentication.

However, Laura Shin, the journalist behind the cryptocurrency podcasts Unchained and Unconfirmed and a former Forbes contributor, says that you should consider using two-factor authentication on any site that displays your home address, including eBay.

4. Make a Google Voice account that is linked to a different email

Creating a Google Voice phone number is a solid digital security tip for any traveler, but it is especially critical while traveling with cryptocurrency.

You should use this phone number for all communications, as your mobile phone or landline number is more easily traceable and associated with your identity.

5. Use resources like CoinMap to find Bitcoin-friendly cities.

If you’re interested in experimenting with bitcoin travel, it makes sense to visit a place with a higher concentration of bitcoin-accepting companies. CoinMap maintains a global directory of bitcoin-accepting businesses.

Pro-tip: because CoinMap’s listings are crowdsourced, double-check that establishments are still operating if you’re planning a journey near BTC-accepting places.

Due to the volatility of cryptocurrency, both in terms of price and how different governments adjust, it is critical to keep your information current.

It would be a shame to schedule a trip to Beijing only to discover that bitcoin exchanges have been outlawed recently.

6. Book tickets and accommodation on CheapAir.com

If you wish to book a flight using Bitcoin, experts recommend CheapAir or Distenia. Since 2013, CheapAir has accepted cryptocurrency payments for flight bookings, and currently additionally takes litecoin and dash.

7. Purchase flight insurance with Fizzy

AXA, a French insurance provider, created Fizzy, a beta customer-facing platform for flight insurance that utilizes smart contracts on the Ethereum blockchain.

Travel insurance is often a nightmare, but thanks to blockchain technology, Fizzy automates insurance claims.

Due to the fact that flight cancellations and delays are part of a highly controlled, high-quality data network, airline insurance is an ideal candidate for a smart contract in some ways.

Experts anticipate the use of comparable blockchain-based contracts in additional industries in the near future.

8. Be flexible in your flight routing

Anas Al Mohammad, a 26-year-old cryptocurrency enthusiast based in Dubai, United Arab Emirates, uses bitcoin to book flights on CheapAir, despite the fact that it requires him to depart from Abu Dhabi rather than his home city of Dubai.

The computer programmer was an early user and is unconcerned about the inconvenience since he believes it is critical to promote cryptocurrency spending.

9. Find a crypto meet-up

If you speak to anyone who has been involved with cryptocurrency for an extended period of time, they will all talk about the same thing: the community.

“There is a sense of belonging and identification that comes with holding a certain coin or simply being in the crypto world,” Shin explains.

Noting that this affinity is comparable to that of any subculture, such as yoga or surfing, she asserts that the community is likely stronger since “users are also like network owners.”

“The community is fantastic,” Gili Gershonok adds. According to the 34-year-old crypto nomad, the online community helps her feel at home regardless of where she is in the world, be it Spain, the United Kingdom, or Thailand.

10. Connect with other crypto fans for peer-to-peer exchanges

Weis depended on the community for peer-to-peer exchanges while traveling purely using crypto. He used the website LocalBitcoins to connect with other fans interested in exchanging BTC for fiat currency or other things.

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Conclusion: Guide to Using Cryptocurrency

I hope that this information was beneficial in your adventure with cryptocurrencies such as bitcoin. Additionally, if you play with bitcoins, you will save a significant amount of money.

Ref: https://www.forbes.com/sites/alexandratalty/2018/07/30/these-crypto-nomads-are-using-bitcoin-and-ether-to-travel-the-world/?sh=142b1d805fe8

Finnich Vessal

Finnich Vessal is an experienced affiliate marketer, he has been in the affiliate marketing industry for over 7 years and living his entrepreneur dreams online. Finnich is the founder of the popular affiliate marketing blog AffiliateBay where you can find posts related to affiliate marketing news, product reviews & trends in affiliate marketing. Finnich is a marketing expert who helps businesses achieve their online visibility and marketing goals. With over 7 years of experience in the industry, Finnich has a wealth of knowledge and insight to share with his readers. He is a regular contributor to leading publications in the marketing space, where he provides advice and insights on everything from SEO to social media marketing. You can find him on Linkedin, & Facebook.

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