Who Accepts Ethereum as Payment? 8 Places You Can Spend ETH
Disclaimer: The Industry Talk section features insights from crypto industry players and is not a part of the editorial content of Cryptonews.com.
Paying with Ethereum has become an increasingly popular option as more individuals and businesses embrace this innovative token. As one of the world’s leading decentralized cryptos, Ethereum offers a secure and transparent way for shoppers to make purchases online.
This article discusses who accepts Ethereum as payment in 2023 - presenting several high-quality merchants that accept ETH before highlighting how shoppers can buy goods/services online using crypto today.
List of 8 Retailers That Accept Ethereum
Listed below are some popular retailers that accept Ethereum as payment. We'll review these retailers in the following section, covering what they offer and how shoppers can buy products/services easily:
- Crypto Emporium – Best Online Store Accepting Ethereum Payments
- Crypto Presales
- Newegg
- Namecheap
- Bitrefill
- Rakuten
- eGifter
- Jomashop
A Closer Look at What Stores Accept Ethereum
As with who accepts Dogecoin, the number of websites that accept Ethereum is growing daily. More and more merchants are becoming aware of the benefits of supporting crypto payments, including faster processing speeds, lower fees, and increased transparency.
So, with that in mind, let’s dive in and take a closer look at the top retailers that accept ETH:
1. Crypto Emporium – Best Online Store Accepting Ethereum Payments
Topping our list of the best online stores that accept Ethereum payments is Crypto Emporium. Crypto Emporium is a premier luxury marketplace that has been in operation since 2018 and ships to over 125 countries worldwide. This marketplace has built a stellar reputation due to its vast product range, exceptional safety features, and exciting rewards program.
Crypto Emporium's unparalleled product range is undoubtedly the store's top feature. When it comes to sites that accept Ethereum, most focus on a small category of items. This isn't the case with Crypto Emporium, as the platform operates as a sort of "luxury general store."
This means shoppers can purchase various items, including high-end watches, TVs, designer clothing, game consoles, jewelry, and even cars. What's more, Crypto Emporium also lists a selection of properties that can be purchased with ETH from renowned locations like New York and Geneva.
Crypto Emporium supports Ethereum for all of its product range, along with a selection of the best altcoins, including Dogecoin, Litecoin, and XRP. The process to actually make crypto payments is seamless – shoppers simply need to transfer over the appropriate amount to the wallet address that Crypto Emporium provides during checkout.
Another key aspect noted during our Crypto Emporium review is the platform's unique rewards program. Shoppers will receive 4% cash back on all purchases made at Crypto Emporium, paid in "Rewards Points." These Rewards Points can be instantly converted into crypto after 30 days and put towards additional purchases.
Crypto Emporium even has a referral program, which can prove fruitful for active shoppers. This program will reward shoppers who distribute their unique referral link to friends and family who purchase at Crypto Emporium. Each time a purchase is made, the shopper will receive a commission – with no limit on how much can be earned.
Finally, Crypto Emporium's 24/7 support comes in extremely handy since shoppers can use the Live Chat box or even request a call-back from a member of the customer service team. Combine this with the points raised above, and there's no doubt that Crypto Emporium is one of the best places that accept Ethereum in 2023.
2. Crypto Presales
Those researching who accepts Ethereum may also wish to check out the rapidly-growing crypto presales niche. This approach differs from purchasing goods/services at online retailers, yet it can offer some enticing opportunities for those looking to generate a return on their ETH holdings.
Many of the best crypto bull run coins of the past few years have started through a presale phase. Presales are a great way to drum up support and generate funding that helps catapult projects into the mainstream consciousness.
However, with so many presales to consider, knowing where to start can be tricky. Fortunately, we've done the research and uncovered two "hidden gems" within the presale niche that could be set to explode in the future:
Love Hate Inu (LHINU)
One of the most exciting crypto presales supporting ETH payments is the one offered by Love Hate Inu. Love Hate Inu is the latest addition to the "meme coin" craze, yet it brings a variety of valuable use cases that look to set it apart from the likes of Dogecoin and Shiba Inu.
The project aims to disrupt the survey industry through its unique "Vote-to-Earn" (V2E) mechanism. This mechanism will allow users to vote on various polls and receive crypto rewards for doing so. The more polls a user votes on, the more LHINU tokens they'll earn – providing a clear pathway to a recurring income stream.
Love Hate Inu's setup has already caught the crypto community's attention, helping the project's presale raise over $4.3m in just six weeks. Not only that, but Love Hate Inu's developers recently announced that meme coin legend Carl Dawkins has come on board as the project's CEO.
The positivity around Love Hate Inu is growing by the day, with many believing it’s the best crypto presale of 2023. Investors can buy LHINU tokens through this presale at a discount using ETH – although, due to its "staged" setup, those looking to obtain the lowest entry price must get involved as early as possible.
ecoterra (ECOTERRA)
Eco-conscious investors looking for a presale to invest in may also wish to check out ecoterra. Like Love Hate Inu, ecoterra is in the midst of a successful presale phase which has seen over $1.3m raised in less than one month. The hype around ecoterra stems from the pioneering way the platform incentives individuals to recycle.
ecoterra's flagship feature is its Recycle2Earn model, which does precisely what the name implies. Those who use the ecoterra app will be rewarded every time they recycle glass, plastic, and other materials at a Reverse Vending Machine (RVM). Users can also earn rewards for donating old clothing items or using solar panels to generate energy in their homes.
Rewards are paid in ECOTERRA – the project's native token. ECOTERRA has various use cases, including as the transactional currency of ecoterra's recycled materials marketplace. Users can even buy carbon offsets through ecoterra's marketplace, providing a straightforward way to impact the environment positively.
Given ecoterra’s setup, there’s a growing belief that it could become one of the most eco-friendly cryptos on the market. Early investors can buy ECOTERRA tokens through the presale at a discount using ETH, USDT, or credit/debit card.
3. Newegg
Newegg is a world-renowned online retailer that specializes in electronics. Shoppers can purchase computers, game consoles, home devices, and much more at Newegg – all with full support for crypto payments.
As one of the first online retailers to support these payments, Newegg has become the go-to for crypto-savvy individuals looking to buy electronics online. Shoppers can make payments using ETH and a selection of other cryptos with the most potential, such as DOGE and LTC.
Like many top retailers, crypto payments are accepted through BitPay. BitPay is one of the world's most widely-used payment gateways, allowing merchants to accept crypto easily.
All that's required is for shoppers to select the BitPay option at checkout and then transfer the necessary amount of ETH over to the provided wallet address. BitPay will also present a QR code that shoppers can scan to make the wallet transfer – removing the need to input the address manually.
4. Namecheap
Another of the best websites that accept Ethereum is Namecheap. Namecheap is one of the world’s most popular domain registrars and offers a wide range of services, including hosting, email accounts, and SSL certificates.
Namecheap began accepting crypto payments way back in 2013, making it one of the most “pro-crypto” merchants on our list. Although Namecheap only supported Bitcoin back then, the site now supports a selection of the best cryptos to buy – including Ethereum.
Users can easily top-up their Namecheap accounts thanks to the site's partnership with BitPay. Again, this involves making a wallet transfer to the wallet address that BitPay provides or using the QR code that shows up.
Namecheap's minimum crypto deposit is $1, and the site only requires ID verification for those that deposit $3,000 or more. This is excellent news for shoppers who wish to remain anonymous while purchasing domains and other web-based services using Ethereum.
5. Bitrefill
Regarding who accepts Ethereum as payment, Bitrefill occupies a relatively unique position. Rather than offering products/services directly, Bitrefill instead sells gift cards for some of the world's top brands, including Uber, Amazon, and Just Eat.
Many of the brands on offer at Bitrefill don’t actually support crypto payments directly. However, Bitrefill offers full support for these payments, meaning shoppers can indirectly buy items from these brands using crypto-funded gift cards.
At the time of writing, Bitrefill supports numerous top cryptos, including BTC, ETH, and USDT. What's more, Bitrefill is one of the most crypto-friendly merchants on our list, meaning it supports transfers from almost all of the top wallet providers, including Ledger, Trust Wallet, and Coinbase Wallet.
Once the transfer has gone through, Bitrefill will instantly send over the gift card via email. The gift card will be fully valid once it arrives, meaning shoppers can immediately use it to buy items online.
6. Rakuten
Rakuten is a Japanese e-commerce company offering a wide range of services, from online shopping to travel booking. This company is similar to Amazon because it has a diversified approach and is constantly expanding into new markets.
This online retailer is crypto-friendly, meaning it accepts Ethereum and a selection of the best Web3 coins. Rakuten utilizes an electronic currency called “Rakuten Cash” that is used to fund all transactions within the ecosystem – and shoppers can top-up their Rakuten Cash balance using crypto.
The top-up process works through the Rakuten Wallet app, essentially Rakuten's version of a crypto exchange. This means that users must purchase or store their crypto using Rakuten Wallet if they wish to convert their holdings into Rakuten Cash.
However, once converted into Rakuten Cash, the crypto holdings can be spent to buy various items. Moreover, Rakuten Cash can even be used at physical stores throughout Japan via the Rakuten Pay app – offering an indirect way for crypto holders to spend their coins in person.
7. eGifter
eGifter is another popular retailer that accepts Ethereum payments and offers an alternative to Bitrefill. For those unaware, eGifter is an online platform that sells gift cards for 300+ brands based in the US, including Amazon, Apple, Macy’s Dominos, and Walmart.
This retailer has a desktop and mobile app, which significantly streamlines the purchasing process. Moreover, shoppers will earn “eGifter Points” whenever they purchase gift cards using crypto, which can be used to obtain free gift cards in the future.
There are no additional fees for buying gift cards using crypto, with eGifter supporting a range of top coins, including ETH, BTC, XRP, and LTC. eGifter supports crypto payments made through BitPay – as we've discussed, this involves a simple wallet-to-wallet transfer.
Many people prefer to buy gift cards in this manner since no card details are required, and payments are near-anonymous. Much like with Bitrefill, once the crypto transaction has been completed, the gift card will be emailed over and valid for use immediately.
8. Jomashop
Rounding off our discussion of who accepts Ethereum as payment is Jomashop. Jomashop is an online luxury retailer that sells a diverse range of products, including handbags, beauty products, watches, and sunglasses.
Jomashop’s popularity stems from the number of top brands that it stocks. For watch enthusiasts, these brands include Tudor and Bulova, while sunglasses fans will likely be buzzed by the Gucci and Hugo Boss products on offer.
This is one of the many websites that accept Ethereum in conjunction with Coinbase Commerce. Shoppers do not require a Coinbase account to use with payment gateway – the online requirement is a compatible crypto wallet.
Jomashop supports BTC, ETH, and many of the best utility tokens, making purchasing items using digital currencies easy. Finally, Jomashop has previously offered discounts for those who buy things with crypto – so it's a good idea to check back regularly for any crypto-friendly promotions.
Other Merchants Who Accept Ethereum
Some other well-known merchants that accept ETH payments in 2023 are:
- Travala. Using the Travala.com app, you can use ethereum to pay for your trips
- CheapAir.Com. This flight aggregator allows you to pay with ethereum.
- Overstock. With an array of things to buy, like rugs, mattresses, and jewelry, you can spend your ethereum here and have the delivery free to boot.
- Cryptoholic. With an assortment of gear like thermoses, sweaters, phone cases, jewelry, bags and the like, tacked on with crypto imagery, Cryptoholic has a store that feels fitting for decentralized payment methods.
- The House of Coky. This Miami women’s clothing store allows you to pay with crypto by using CoinPayments.
- Weshopwithcrypto. As its name suggests, this e-commerce website gives those who want to get their business started a way to do so, and it allows the usage of ethereum and other currencies to boot.
- Ethlance. Freelancers who are really bullish on ETH can rejoice as this platform allows them to offer up their skills for the cryptocurrency.
- Freelanceforcoins.com. Like Ethlance, you can get paid in crypto on this website. However, instead of being focused on ethereum, you can also get paid in bitcoin and other cryptocurrencies.
- Cryptokitties. This game is a benchmark for crypto gaming in the way it shaped the perception around NFTs on the Ethereum blockchain.
- Purism. This privacy company allows you to pay in multiple cryptocurrencies, including Ethereum.
- Giftoff. You can get their gift cards by making an ethereum payment.
- Destinia. Along with bitcoin cash, litecoin and a few other cryptocurrencies, you can use ethereum to pay for hotel bookings, flight packages and train tickets.
- Gipsybee.com. This online electronics store has made a name for itself by accepting a multitude of cryptocurrencies to buy a bunch of gadgets.
- Cryptoart. This platform allows you to use multiple cryptocurrencies, including ethereum, to buy art from.
- Cryptocove. There is a dropdown section where it shows what merchandise you can get with ethereum, which include a bunch of products targeted to fans of the crypto.
- AirBrushCustoms. This personalized clothing store allows you to pay using multiple cryptocurrencies, including ethereum.
- Bitmedia.io. This company that seeks to give other businesses a crypto audience has services that can be paid with ETH.
- Moonbet. This sportsbook, casino and online betting platform has ETH as a method of payment.
- 1xBet. This online sportsbook and casino where you can pay with ETH has made a name for itself for being able to bet on a multitude of sporting events.
- Toro Coffee Co. This specialty coffee company allows for a wide variety of crypto payments, including ETH.
- Renjer Wild Jerky. Since 2018, this deer and elk jerky creator has provided people with the option to pay with crypto, ETH included.
- Elephant Chateau. Armed with their own rewards token on the Ethereum blockchain, it is no wonder that this seller of luxury spices allows you to pay with ETH.
- Headphones.com. Doing what its name suggests, you can purchase headphones through this store and have a variety of payment options while doing so, notably ETH and other cryptocurrencies.
- Bitdial. This luxury watch company that has a whole catalogue full of brand names allows crypto and Ethereum as payment methods.
- Pita Barcelona. This custom-made mechanical watch creator of unique pieces accepts ETH.
- Bono Shop. This Italian Jewelry shop provider of rings, necklaces, bracelets and other jewelry has made crypto enthusiasts happy with ETH payment options.
- Natural Pet Shop. With the mission to change how people perceive pet products, this store accepts ETH.
- Play-asia.com. With the goal of being the leading retailer of entertainment products, this platform accepts cryptocurrencies, notably Ethereum.
- Trippki. With over 1.5 million hotels to choose from, Trippki has countless options for those planning their trips, as well as a variety of crypto options for users, like those wanting to pay with ETH.
Using Ethereum To Pay With Crypto Debit Cards
Asides from finding retailers who accept ethereum, why don't you simply get a Visa or Mastercard crypto payments card that is linked to your exchange account and convert your crypto holdings to fiat to pay for things nearly anywhere on the go?
Crypto debit cards have more advantages than just preparing you for the decentralized future to come. For one, if you’re someone who wants to dabble in innovative crypto technology while still having a way to pay for anything requiring fiat, a crypto debit card will provide you with a great degree of flexibility.
But there are even practical benefits for doing so. Since crypto is a new industry, there are great deals to get customers to use their debit cards, like no transaction fees and maintenance fees. As the amount of crypto users begins to rise, paying with Ethereum will also become a norm.
- Crypto.com Card. With up to 8% back on spending, generous rewards (especially when you stake their crypto CRO) and zero fees, Crypto.com provides a prepaid VISA card that has all the benefits of a debit card along with the added ability to spend crypto. A prepaid card is a debit card except instead of it being linked to your bank, you need to fill up your card with enough of the currency that you’re planning to use. To apply, you just need to stake CRO tokens for 180 days.
- Binance Card. The benefit of the Binance card is it having zero fees, so you don’t have to worry about processing or administrative fees. With up to 8% Cashback on services and the security of the biggest crypto exchange in the world, Binance also has a prepaid card that you can use. With the Binance Funding Wallet, you can hold your crypto until you want to spend it with the Binance Card.
- Nuri Card. Formerly known as Bitwala, the money that you have on balance in your account is how much you can spend on your debit card. If you have the Euro in your account, you’ll be able to spend the money in it in over 30 million locations worldwide.
- Bitpanda Card. In addition to crypto, the Bitpanda Card allows you to spend metals. As a Visa Card, it is accepted by 54million+ merchants all over the world. With 0.5% to 2% cashback on every transaction, as well as payment and transaction history with the app, Bitpanda offers a debit solution that is as competitive as several other options on the market.
Is Ethereum Good for Making Payments?
According to an article from the National Retail Federation, only 2% of retailers currently accept non-Bitcoin cryptocurrencies as a form of payment. However, given the benefits of permitting digital currency purchases, this figure will likely creep higher in the coming years.
Taking that into consideration, let’s take a look at some reasons why Ethereum is advantageous for those making online payments, as well as some of the ways you can spend ETH in 2023.
Faster Transaction Speeds
One of the most significant benefits of using Ethereum is that transactions are processed in minutes. This is in stark contrast to FIAT transactions, which can take hours (or even days) to settle. FIAT transaction timescales are particularly slow when it comes to international transactions – using ETH can provide a much quicker solution.
Reduced Fees
Regarding international transactions, ETH is also advantageous due to its cost-effectiveness. According to various sources, making foreign transactions with a credit/debit card can sometimes attract fees of over 3%, which makes a massive difference for active shoppers.
Ethereum is inherently "borderless," meaning an international transaction will cost just as little as a local transaction. The only concern for shoppers is the network (gas) fees accompanying transactions, which are determined by the network's congestion level.
Tighter Security
An article from Entrepreneur.com states that cryptocurrencies could be considered “safer” than banks for many reasons – mainly because banking apps can be hacked, leading to fraud and embezzlement.
Ethereum-based transactions are underpinned by blockchain technology, which is highly resistant to these issues. As such, using ETH to make online payments may be a more secure alternative to FIAT transactions.
Financial Inclusion
According to an article from The World Economic Forum, 1.4 billion adults currently have no access to banking. Naturally, this makes it harder (if not impossible) for these adults to buy goods and services online using FIAT currency.
However, using Ethereum to make online transactions can help these people access the items they need without a bank account. Anyone with an internet connection can pay using Ethereum, providing access to the global economy for "unbanked" populations worldwide.
Is it Legal to Buy Things with Ethereum?
Whether it's legal or not to buy things with Ethereum is a valid concern for many people. The crypto market is ever-changing, meaning rules and regulations often evolve regularly. Moreover, these rules and regulations usually differ depending on the jurisdiction in which the transaction occurs.
In most Western countries (e.g., the US, the UK, and Canada), using Ethereum to purchase goods and services is entirely legal. The nations will be required to abide by know-your-customer (KYC) requirements, so shoppers usually have to create an account at the related retailer before making a purchase.
On the other hand, many countries in other parts of the world have stricter guidelines on crypto use. China and India are two examples of this, as both have cracked down on crypto use in recent years.
However, shoppers in the US, the UK, Canada, and other Western nations need not worry about this. At the time of writing, buying things with Ethereum is completely legal. The only thing shoppers need to worry about is making payments safely and ensuring enough crypto is set aside to cover any associated network (gas) fees.
How to Use Ethereum to Buy Things
Before concluding this guide on where accepts Ethereum, it's essential to explore the buying process since it differs significantly from the "traditional" purchasing process.
Listed below are the five simple steps shoppers can take to buy products/services online using Ethereum. We'll use Crypto Emporium as an example since this marketplace has thousands of high-quality products and ships to over 125 countries globally.
Step 1 – Open a Crypto Wallet
The first step is to set up a crypto wallet compatible with Ethereum. All of the best crypto wallets can receive and store ETH - some popular examples include eToro Money, MetaMask, and Trust Wallet.
Step 2 – Obtain ETH
The next step is to acquire some ETH to fund the purchase. Shoppers who already have ETH can skip to the next step, but for those that don’t, the token can be easily purchased from all top brokers and exchanges. Once purchased, the holdings must be transferred to the crypto wallet created in Step 1.
Step 3 – Set Up a Crypto Emporium Account
Go to Crypto Emporium’s homepage, click "Register," and enter the required personal details to create an account. Crypto Emporium will also send over a verification link that must be clicked to validate the account.
Step 4 – Choose an Item
Now it’s simply a case of browsing Crypto Emporium’s diverse range of products to find something that catches the eye. Once shoppers have identified a product or service they like, simply add it to the basket and proceed to the “Checkout” page.
Step 5 – Fund Item Purchase with ETH
On this page, shoppers must enter some additional details, provide their delivery address, and select “ETH” from the preferred currency drop-down box. Crypto Emporium will then update the final total to account for delivery fees.
Finally, shoppers must then make an ETH transfer to the provided crypto wallet address. Once the transfer has been completed, Crypto Emporium will send an email confirmation and begin shipping the item. Shoppers can then track their items using the email or SMS link.
Who Accepts Ethereum as Payment? – Conclusion
In summary, the adoption of Ethereum as a payment method is undoubtedly on the rise, offering users a secure and efficient alternative to FIAT payments. With more merchants than ever opting to accept Ethereum, there’s scope for crypto payments to become “the norm” going forward.
For those eager to dive into the world of crypto-shopping today, we recommend checking out Crypto Emporium. Crypto Emporium is the premier destination for buying items with Ethereum, offering a vast selection of quality products/services.
Not only does Crypto Emporium support ETH payments, but the store also accepts BTC, DOGE, LTC, and other altcoins. Boasting 24/7 customer support and shipping options to 125+ countries, Crypto Emporium is a fantastic choice for those seeking to safely utilize their crypto holdings.
FAQs
Are there any retailers that accept Ethereum?
Yes – hundreds of retailers accept Ethereum, such as Crypto Emporium, Newegg, and Namecheap.
How to buy things with Ethereum?
To buy things with Ethereum, simply choose a retailer that supports crypto payments, select Ethereum at checkout, then follow the instructions provided by the retailer’s payment gateway.
What can Ethereum be used for?
Ethereum can be used for various things, such as building decentralized applications (dApps) on the Ethereum blockchain or paying for goods and services online.
Does Tesla accept Ethereum?
At the time of writing, Tesla does not accept Ethereum as a payment method – although the carmaker did support Bitcoin for a brief period.