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6 Ways to Pay Your Regular Bills Using Bitcoin

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Image Credit: @nate_dumlao

Getting crypto into the mainstream means using it for everyday payments. And what is more “every day” and normal than paying your household bills? Services that connect cryptocurrency to the more mundane areas of our day to day life are important for adoption.

Here are six ways to pay your regular bills using Bitcoin and other cryptocurrencies.

1. CoinBills

Location: USA | Cryptocurrencies: Bitcoin, Litecoin

CoinBills is a US-based crypto bill paying service. You can use CoinBills to pay any bill or invoice using Bitcoin or Litecoin, be that your cable, electricity, water, gas, and so on.

CoinBills offers three payment tiers.

  • Tier #1: For bills between $50 and $500. CoinBills charges a flat 15% fee of the total amount paid.
  • Tier #2: For bills between $501 and $1,000. CoinBills charges a flat 10% fee of the total amount paid.
  • Tier #3: For bills of $1,001 and up. CoinBills charges a flat 5% fee of the total amount paid.

You sign up for the Bitcoin bill-paying tier you require, then enter your personal information and the details of your bills. You then receive an email advising you how to proceed, such as addresses to send your cryptocurrency to, and the timeframe for completion.

2. PiixPay

Location: Over 100 Countries | Cryptocurrencies: Bitcoin, Bitcoin Cash, Litecoin, Dash

PiixPay is an Estonian cryptocurrency bill payment platform. You can process payments in over 100 countries at the time of writing. PiixPay covers all European countries, and many across Africa, Central and South America, and the Middle East. It does not support Bitcoin bill payments in the US, although you can pay using US dollars.

PiixPay transaction processing fees are very reasonable. The base service fee is €1 plus 1.75% of the transaction amount. There are other fees depending on the type of transaction, which you can read here.

Bitcoin bill payment isn’t the only PiixPay option. You can also connect your crypto wallet to your bank account using PiixPay’s Instafill. When you receive a payment to your crypto wallet, Instafill cashes it out automatically, sending Euro’s directly to your bank account.

3. Paid By Coins

Location: Australia | Cryptocurrencies: Bitcoin, Litecoin, Ethereum, Bitcoin Cash, Ripple

Paid By Coins is an Australian cryptocurrency bill payment gateway. You can use Paid By Coins to pay all of your regular household bills using Bitcoin, Litecoin, Ethereum, Bitcoin Cash, or Ripple, with payments up to AU$50,000 accepted. You can also use Paid By Coins with BPAY, the Australian electronic bill payment system.

One of the best things about Paid By Coins is that it does not charge any transaction fees. Paid By Coins makes “money from currency spread,” which means you only pay your bill.

As far as Bitcoin bill-paying platforms go, Paid By Coins is one of the best. Unfortunately for the rest of the world, it is only available in Australia.

Life isn’t all about paying bills. Sometimes you want to buy something nice. Here’s how to spend your hard earned crypto on Amazon!

4. BitBill

Location: EU | Cryptocurrencies: 8 including Bitcoin, Bitcoin Cash, & Ethereum

BitBill is a European cryptocurrency bill paying service. You can use BitBill to pay invoices and bills in Bitcoin, Bitcoin Cash, Ethereum, Dash, Doge, Ethereum Classic, Litecoin, and Gulden. At the time of writing, BitBill has processed over €3 million in Bitcoin and other cryptocurrencies.

To use BitBill, you must make sure that the bill recipient has an IBAN account. BitBill processes the bill payment and sends the corresponding cryptocurrency invoice to you. Once you pay the bill in Bitcoin or otherwise, BitBill completes the direct payment.

5. Bitwala

Location: EU | Cryptocurrencies: 11 including Bitcoin, Bitcoin Cash, and Ethereum

Bitwala is a little different from the other Bitcoin bill payment platforms on the list. Instead of processing your bills, Bitwala is a cryptocurrency-friendly bank. That means you can sign up to it for free, then link your crypto holdings to your regular Bitwala bank account. The bank account functions normally, and you can manage your fiat currency alongside your Bitcoin and other crypto holdings.

Bitwala supports a wide range of cryptocurrencies, too. You can manage Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, Monero, NEO, OmiseGO, Ripple, Zcash, and Dash from your Bitwala account.

Because Bitwala is a crypto-friendly bank, you don’t have to worry about anyone blocking your Bitcoin transactions .

6. Bitwage

Location: Global | Cryptocurrencies: Bitcoin

Bitwage helps you receive your wages in cryptocurrency, rather than to pay your bills. You can use Bitwage to convert all or part of your monthly wage packet straight into cryptocurrency. Depending on your preferences, you might never see any of your wages in fiat. And if you combine Bitwage with a Bitcoin bill payment platform, you won’t have to pay out in fiat, either.

Individuals can apply for a Standard free account, which takes a few days to process your payment and incurs a $10 fee for incoming payments (e.g., Bitwage accepting your wages). Alternatively, there is a Premium account which costs $15.99 per month but processes your wages on the same day and does not incur any incoming wire fee.

If you have Bitcoin wages and Bitcoin in your bank account, you might need a Bitcoin ATM, too. Here’s how you find your nearest Bitcoin ATM.

It’s Time to Pay Your Bills with Crypto

The advent of Bitcoin bill paying is a great step forward for cryptocurrency usage. You no longer have to swap your Bitcoin or other cryptocurrencies into fiat to make sure your water connection works, and the electric keeps flowing.

There is a downside, however. Most services levy a large processing fee to complete the transaction. A processing fee is understandable. After all, the services are completing the handling of your crypto, paying your bills, and keeping everything ticking over. I suspect that for most people, cashing out a small amount of crypto to pay the water or phone bill is cheaper than picking up a 10 or 15-percent additional processing fee each bill each month.

US readers should also check their local state laws. Some US states are passing legislation to allow government organizations to accept Bitcoin and cryptocurrency payments. For instance, Ohio accepts Bitcoin as payment for your taxes.

One alternative is to use a Bitcoin credit or debit card. Here are some of the best crypto credit card options available to cryptocurrency users. Another alternative is to use a Bitcoin payment service, like BitPay. Here’s how you set up and use Bitpay to make crypto payments as easily as PayPal.

We earn commission if you purchase items using an affiliate link. We only recommend products we trust. See our affiliate disclosure.

Gavin Phillips
Gavin is the SEO Manager and a Senior Writer for Blocks Decoded. He’s been invested in Bitcoin since 2010 and has contributed to several crypto and blockchain publications, including Envilope. Gavin loves real-world applications of blockchain technology, such as Civic and uPort, and how blockchain technology can help protect privacy. Gavin is also a Senior Writer for MakeUseOf.
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