So, you’ve made some money with Bitcoin, and now you’re looking for places to spend it.
Unfortunately, it’s not as widely accepted as CAD, so you’ll need to do some research before you decide where to spend it. The good news is that there are several retailers who accept Bitcoin in Canada.
There are a variety of places in Canada that accept Bitcoin as a form of payment. We’ll go through some of the more popular retailers that allow you to trade your BTC for goods and services.
We’ve done the legwork, so you don’t have to. Here are places that accept Bitcoin in Canada.
If you’ve been bitten by the travel bug, you can use some of your Bitcoin to cover your expenses. On Travala’s website, you can spend your crypto on hotels and flights. They’re a great option if you are in the process of planning a trip.
Purse is a great way to spend Bitcoin and other cryptocurrencies if you use Amazon a lot. With Purse, you browse their platform for the Amazon item you need – or you can import it right from your Amazon wishlist.
Once you find the product, you can check out on the Purse site using Bitcoin, Bitcoin Cash, Ethereum, Litecoin, or ZCash.
One of the cool things about Purse is that the site gives you a significant discount when you use crypto to pay for products. When you’re checking out, you can use a slide to set the discount you’d like to get.
Of course, there’s a catch. The bigger the discount, the longer it will take for your item to arrive. If you want your product to arrive quickly, you’ll have to accept a lower discount.
Newegg is a site that sells electronics, software, games, and much more. If you need a computer, hard drive, or printer, Newegg is a great place to shop.
Simply choose the items you need, pay for them, and they’ll come right to your front porch.
To use Bitcoin with Newegg, you’ll have to go through the crypto payment processor Bitpay.
Through Bitpay, you can purchase items through Newegg with a variety of cryptocurrencies. These include Bitcoin, Litecoin, Ethereum, Dogecoin, Bitcoin Cash, and several others. Plus, you can add cryptocurrencies to your Bitpay wallet and use a Bitpay Mastercard to pay for your products.
You can also use your Bitcoin in Canada to buy a car. HGregoire, the Quebec-based automotive dealer, has more than 30 locations throughout Canada where customers can purchase a vehicle with cryptocurrency.
The company aims to constantly improve the car buying experience for its customers, which is why it chose to add Bitcoin as a way to pay for a vehicle. As a result, HGregoire became one of the first dealerships in the world to offer cryptocurrency as a form of payment for a car.
Additionally, HGregoire has made a name for itself for being tech-friendly and customer-centric. This is why dealerships hire staff who don’t receive commission and don’t haggle over pricing.
Because of these things, it’s not a huge surprise that the company made the decision to accept Bitcoin.
5. Park and Finch Eyewear
If you’re having trouble seeing but have some Bitcoin to spend, take a look at Park and Finch, the Canadian-based eyewear company. The merchant works together with Bitcoin Diamond to be one of the few eyewear retailers to offer Bitcoin as a payment option.
By accepting Bitcoin, Park and Finch made themselves more appealing to buyers from around the world.
Particularly because transaction fees through Bitcoin are much lower than what they would pay in credit card fees. That means Park and Finch can pass the savings on to the customers.
If you’re into gift cards, you might want to check out CoinGate. They allow you to spend your Bitcoin on gift cards from places like UberEats, Walmart, Esso, Amazon, and more. There are even more options for Canadian-specific retailers.
They make it easy to browse by category to find what you’re looking for, whether it’s gaming, entertainment, travel, restaurants, e-commerce, or something else.
It’s fast and easy, but it’s also secure, which is the most important thing. Plus, CoinGate accepts way more than just BTC, so you can spend your other crypto assets, too!
7. Best Sleep
Who doesn’t need more sleep, am I right? Don’t lose sleep worrying about how you’re going to spend your Bitcoin or how much it’s worth. Buy a bed from Best Sleep with your Bitcoin and get the best of both worlds – great sleep and a place to spend BTC.
It wasn’t long ago Best Sleep announced they would start accepting Bitcoin because they truly believe crypto is the future of money. If you live anywhere in Canada, you can spend your Bitcoin on their website and have a new bed delivered to your door.
8. Silver Gold Bull Canada
There’s been some recent debate about what’s worth more: Bitcoin or gold. Well, now there’s no more debate. Silver Gold Bull may be a global company, but they’re based in Canada, and they’re allowing you to trade your Bitcoin for gold bars and coins.
You’ll save 4% by paying with crypto. It’s convenient, secure, and comes with little to no transaction fees. It seems like a no-brainer.
We all have bills. Wouldn’t it be great to be able to pay those bills with crypto? Oh wait, now you can! The Bylls solution allows anyone in Canada to pay their bills with that stash of Bitcoin. There are more than 9,000 corporations that allow you to pay your bills with Bylls.
Bylls accepts your Bitcoin, turns it into fiat currency, and puts it toward your company of choice.
It’s incredibly easy to do, and by adding your account and invoice numbers, you’ll be sure the correct bill gets paid.
Bylls also allows you to buy gift cards for many popular Canadian brands, which is another great way to spend your Bitcoin.
10. Toronto Brewing
Bottoms up with Bitcoin! Toronto Brewing has a retail store and an online shop with craft beer and homebrew necessities, and both locations will take your Bitcoin.
The small basement shop quickly grew into a staple in Canada. They service customers all across the country.
Next time you need brewing supplies or more flavours for your basement bar, make sure you check out with your crypto. In addition to Bitcoin, they accept Litecoin and Ethereum.
11. Birks Group
If you’re into vintage jewelry, you can add to your collection of gold, diamonds, pearls, and vintage watches by using your Bitcoin. Birks Group is one of the oldest luxury retailers of jewelry in Canada, and some of its stores accept Bitcoin.
You may have to check in before you visit to make sure, but many of their locations use Bitpay to manage customers’ Bitcoin transactions. It’s faster, easier, and much more secure.
Birks Group found this was the best way for them to grow their business and their global clientele.
What better way to spend your crypto than on crypto hardware? Ledger is a well-known manufacturer of hardware wallets, and it only seems logical that they would accept Bitcoin on their website.
They use the Bitpay platform, but they just recently also added crypto.com Pay services.
Upon customer request for more ways to pay, Ledger listened, and that’s a company you want to give your business to! Now everyone, everywhere, can pay with the convenience of crypto.
Coincards wants you to be able to spend your Bitcoin at as many retailers as possible, which is why they’re on a mission to bridge the gap between crypto and the world. Right now, the service is only available in Canada and the states, but Europe may be coming next.
They sell gift cards for many well-known brands, and Apple is one of the biggest. Not only can you spend your Bitcoin on Apple gear, but they also accept Lightning Network, Litecoin, Dogecoin, Ethereum, and a few more.
Much like Ledger, it wouldn’t make much sense for a crypto hardware company not to accept Bitcoin. Coinkite has been a leader in the crypto community for a while now, so it only makes sense that they offer one of the best and fastest ways to pay.
Coinkite used to facilitate 10% of all daily Bitcoin transactions, but they recently switched to focusing only on hardware. It’s still a great place to spend your crypto on something you can actually use.
As you can see, there are plenty of merchants and retailers who accept Bitcoin in Canada. Whether it’s buying electronics or a hardware wallet to store your digital assets, there is no shortage of options available.
Many experts believe this is just the tip of the iceberg regarding how you can spend your Bitcoin. So keep an eye out, and you’ll start seeing more retailers accepting Bitcoin as a form of payment.