One of the barriers to large-scale cryptocurrency adoption is that crypto can be fairly difficult to spend on everyday items. This is also annoying to those people who have cryptocurrency because they want to spend it rather than treat it like an investment.
The problem isn’t that there aren’t any vendors who accept cryptocurrency. They’re just hard to find if you don’t know where to look.
BitLift might be the solution.
What Is BitLift?
BitLift is a new website that just launched this week. At its heart, it’s an e-commerce site but it’s also much more than that.
BitLift plans on drawing together cryptocurrency-friendly online retailers so that crypto owners can find everything that they want in one place. The idea is to attract the crypto-savvy as well as first-time cryptocurrency users.
For cryptocurrency to succeed, there needs to be a dedicated community that brings together crypto buyers and sellers in an easy and safe environment, says Greg Gerber, co-founder and CEO of BitLift.
As for the retailers, they get online visibility. Further, transactions go directly into their own wallets, so they aren’t paying transaction fees to BitLift. The site was launched with funding raised internally by the founders to promote their mission.
Which Retailers Are on BitLift?
Not a lot of companies have found their way onto BitLift yet, since it’s only been a few days since its launch. However, there are already a couple of UK, US and Canada-based crypto-friendly retailers on BitLift, so it’s still worth taking a look.
For one thing, it’s a great place to pick up some crypto swag. It’s common knowledge in the crypto community that crypto companies love to slap the Bitcoin logo on just about anything. You still can’t get Tim Draper’s famous Bitcoin tie. However, you can get a Bitcoin hat from the Authentic Leather Patch Company. There are also some cool stickers by BitLift and some great crypto wall art by a company called Epik Canvas.
Those looking for more practical purchases can also get hardware wallets by Trezor and Ledger.
Not everything on the site is crypto-related, however. For example, a company called Cloudberries sells some great puzzles. Hercules Tuff sells charging cables and docks and Acoustic Sheep has an-ultra comfortable headphone set called “SleepPhones”. There are also luxury wristwatches by WatchShopping and spinning tops by ForeverSpin.
Take a Look!
Thanks to BitLift, there’s one more easy-to-use crypto-commerce site on the web. Right now there aren’t a lot of online retailers under their virtual roof. However, I don’t see any reason why the site won’t take off and become a one-stop-shop crypto destination.