cryptocurrencies that can be traded freely on the Internet have become a common sight in television commercials and online media. More than 14 years have passed since a person named “Satoshi Nakamoto” announced the first cryptocurrency “Bitcoin” in 2008, but since the beginning of 2022, fiat currency is attracting more attention as an important form of passage
In the future, it is said that robots equipped with artificial intelligence will appear one after another, but the existence of cryptocurrencies is expanding as much as their power. However, I think there are many people who don’t really know how to use it. Here, we will explain in detail how to use cryptocurrencies and how to use them for payments.
Used when purchasing home appliances at Bic Camera
Bic Camera is the most famous home electronics store in Japan. Boasting the largest scale in Japan, the head office is in Ikebukuro. Here you can make payments using the king of cryptocurrencies, Bitcoin. Bic Camera has an image of mainly handling precision equipment products such as computers and cameras, as well as home appliances such as washing machines and vacuum cleaners, but in reality, they also have products such as clothing, daily necessities, and alcoholic beverages. If you visit Bic Camera, you will find almost everything you need for your daily life! The more you feel like that, the more items you can find.
By the way, BicCamera allows you to pay with “bitcoin”, but it is also attractive that you can use it not only at physical stores but also at the Internet site “BicCamera.com”. In addition, the conditions for payment with Bitcoin are that the purchase amount is 100,000 yen or less, and that you have an account with the partner cryptocurrency exchange “BitFlyer”. If you do not have a bit flyer account, you will need it for shopping, so let’s open one in advance.
In addition, you will need a “QR code” and a dedicated BitFlyer app when purchasing and paying for products. Make sure to bring your smartphone with you when shopping at a physical store.
Use to pay electricity bills
It was in 2016 that Bitcoin became available for payment of public utility bills, but at the beginning, it was still unfamiliar and cryptocurrency payment was not popular. However, in modern times, more and more people are using bitcoin to pay their electricity bills, as they offer discounts and special services.
For example, the cryptocurrency exchange “Coincheck” has started a payment service called “Coincheck Denki,” which allows you to receive about 1% to 7% of your electricity bill in Bitcoin. This service is a discount and returns part of the electricity bill when paying with bitcoin. Of course, it is premised on holding bitcoin for payment, but it is good news for those who hold bitcoin for investment purposes. If you are new to cryptocurrencies or have no experience in investing, this is a great opportunity to accumulate bitcoins naturally. Electricity bills are an expense that must be incurred in everyday life, so it can be said that this is the best service that makes use of this property as an investment.
Use to pay gas bills
Don’t forget the “gas fee” as a public utility fee. Just like the electricity bill mentioned above, you can now pay with Bitcoin here as well. Learning from “Coinchek Denki”, we started the service as “Coinchek Gas”. We have set up two plans using Bitcoin to provide groundbreaking services.
You can receive a 3% discount when paying with Bitcoin, and you can also receive 3% in Bitcoin. Currently, this service is available in the Kanto region, such as Tokyo, Kanagawa, Saitama, and Chiba, but it is expected that the target area will expand further in the future. By the way, gas is supplied by the domestic major Family Net Japan. Of course, you will also need an account with Coincheck, the largest cryptocurrency broker in Japan, to pay your gas bill, so be sure to open an account in advance.
Use for online shopping
Everything from food to daily necessities is available online these days. Online shopping has become an indispensable part of our lives without the need to visit a store. Bitcoin can be used for online shopping, which is also a shopping platform for busy Japanese people.
As of July 2022, there will be more than 85 sites where online shopping can be settled. It is expected that the supply and demand for Bitcoin will continue to rise. Well, let’s list the most popular online shopping sites (mail order) that can use Bitcoin below.
Bitcoin mall
Bitcoinmall, as the name suggests, is an online shopping site where you can purchase various items using Bitcoin. It is a reliable site that covers almost all genres such as ramen, coffee, sofas, anime character items, etc. You can also find quite a few unique items such as decorative cryptocurrencies.
DMM.com
We cover a wide range of fields such as e-books, online games, videos, DVD/CD rentals, English conversation, and online salons. Among them, the unique one is “various rental”, where you can rent items such as AV appliances, cameras, baby goods, suitcases, and seasonal items. In addition, the “Online Clinic” provides a groundbreaking medical service in which doctors directly consult with you about physical problems and disorders through video calls.
COOL STUFF JAPAN
An online shopping site specializing in Japanese products based in Osaka. Since it is an overseas market, the site is all in English, but it is very useful when sending Japanese products to overseas family and friends, or when overseas residents order Japanese items. The products they handle range from food to daily necessities to home appliances.
Use Bitcoin (bitFlyer)
It is an online shopping site named “Use Bitcoin”. Items that can be purchased here include computer equipment such as TVs and computers, home appliances such as hair dryers and rice cookers, and popular e-books. To enjoy shopping with Bitcoin, you need a BitFlyer account, so be prepared.
Summary
Cryptocurrency is adopted as a payment method in scenes closely related to life, centering on Bitcoin. In addition to Big Camera, a major consumer electronics company, you can also use Bitcoin to make payments at long-established Chinese restaurants such as Heichinro, Megane Supermarket, Kojima, and Sofmap.
Even online shopping sites are being created one after another that support payment with Bitcoin, so it is a place to keep an eye on in the future. Above all, it can be said that the fact that there is a return in Bitcoin for Bitcoin payment is a privilege that users who are using cryptocurrency for investment purposes cannot wish for. In this way, bitcoin is beginning to permeate our lives, but it is an investment product with volatility due to the nature of cryptocurrency. Let’s understand this point and face cryptocurrency wisely!
The post How to use cryptocurrency in Japan: easy-to-understand explanation of crypto payments by field appeared first on CoinJournal.
