Throughout history, payment methods have evolved to adapt to the needs and developments of the times. From bartering in early communities, through metal coins and paper money, to the digital age with cards and electronic payment, commerce has always sought greater convenience and accessibility. Proof of this is that the word salary comes from Roman times when work was rewarded with salt. Today, we are living a technological revolution with the rise of blockchain technology blockchain technology, Web3 and cryptocurrencies, transforming the economy towards a faster and more secure decentralised model.
This financial revolution not only redefines how we get paid or buy, but also where and how fast we can do it. This Christmas, cryptocurrencies are positioned as a modern and efficient alternative to give Secret Santa gifts, annoy the Grinch with the best decoration in town or buy that gastronomic treat, because “I’m going on a diet when I get back”.
In the midst of this wave of technological innovation, we could not fail to mention the contribution of Telefónica Innovación Digital on its way to continue projecting the future of technology. One of these innovations is TU Wallet, a multi-crypto digital wallet with which you can buy the leg of ham, the star of Bethlehem or the last-minute gift that is sure to be there. In this post we tell you what to buy with cryptocurrencies this Christmas to experience them in a special way.
Advantages of using cryptocurrencies as a means of payment
Finding the perfect gift can be a challenge, especially at this time of year when there are so many offers and so much novelty. TU Wallet allows you to manage your cryptocurrencies and euros from one place, all you need is a phone number and an email address. It’s that simple to start enjoying the crypto world. It has different functionalities that make it an ideal payment method for Christmas shopping.
The app allows you to load your wallet or withdraw your money to other bank accounts at any time, offering instant remittances to other users with no fees. It also allows cryptocurrencies to be sent between TU Wallet users. Whether from your couch in Madrid or from the Far East, cryptocurrencies allow you to buy goods from anywhere in the world without worrying about currency conversions. Another notable feature is that it allows you to exchange cryptocurrencies for others or convert them to euros, and vice versa, quickly. The cryptocurrency service is provided by Bit2Me, the first exchange registered with the Bank of Spain*, and operates with some of the crypto assets with the highest market capitalization such as Bitcoin, Cardano, Ethereum, Solana and USD Coin.
Another advantage of buying with cryptocurrency is that it is more secure, since being a virtual card reduces the risk associated with the theft or physical loss of the card. It can be used exclusively for online shopping or contactless payments, minimising the exposure of sensitive data.
What can you buy with cryptocurrencies?
Technology has advanced and shops and brands are adapting to this new scenario. Cryptocurrencies have transcended their role as investment instruments and have gained popularity as an innovative payment method. Thanks to its integration with various platforms and merchants, it is now possible to buy different products and services using crypto assets.
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Here are some highlights of what you can buy or give this Christmas with cryptocurrencies, either directly in their shops or through crypto payment platforms or gift cards:
Electronics and technology: some brands such as MediaMarkt or Fnac have started to allow the purchase of their products and services through gift cards purchased with cryptocurrencies. First you must buy the card, and with it you can buy items such as smartphones, laptops, cameras and so on.
Clothing and fashion: a wild card for the occasion. Some clothing brands, such as Mango or Massimo Dutti, have started to accept cryptocurrency payments through platforms such as Bitrefill. It is also common to find online shops that allow you to pay with Bitcoin and other cryptocurrencies. Zara is another brand that allows you to pay with crypto via gift cards or services with BitPay.
Home décor and designer items: another great Christmas wild card that can save you from more than one predicament. The brand Maison du Mond is a French brand specialised in decoration and accepts payments with cryptocurrencies such as CoinGate. In this shop you can buy everything from furniture to Christmas decorations, to give your home a special touch this festive season.
Books or magazines: if you are lacking in creativity or don’t know how to fit a gift, this is a classic. At La Casa del Libro you can buy their products through Bitrefill, the cryptocurrency e-commerce shop.
Exclusive gifts and products: if you’ve been a good boy, Crypto Emporium is the place to make your list of gifts for the Three Wise Men. It offers a wide range of exclusive products such as luxury watches, art, next-generation consoles, and even motorbikes to pay with cryptocurrencies. It offers shipping to Spain, so you can buy or order your gifts with cryptocurrencies.
Food and drinks: compared to a motorbike it’s not that much, but if you get hungry between purchases you can go to The Fitzgerald and pay for your burger with cryptocurrencies through Criptan.
You can see that cryptocurrencies are starting to gain ground in Spain, and many brands are already allowing their customers to pay with cryptoassets. Christmas will be a good time to look at the impact of cryptocurrencies on the market, showing how they have been integrated into the economy.
Download the TU Wallet app for free to start crossing names off your to-do list and enjoy the crypto world. It is available on both Google Play and on the App Store.
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Investing in cryptoassets is unregulated, so it may not be suitable for retail investors and the entire amount which is invested may be lost. It’s important to read and understand the risks of this form of investment, which are explained in detail at wallet.tu.com/advertising.
Graduado en Comunicación Audiovisual y en un máster en Dirección de Marketing, interesado en la innovación y en cómo conectar las marcas con las personas. Madrileño con tintes pamplonicas y seguidor del Atlético de Madrid. Actualmente aprendo en el equipo de marketing de Telefónica Innovación Digital.