What Can You Buy with Ethereum? 9 Best Things to Spend ETH on

Kane Pepi
Kane Pepi | Verified by Alan Draper
Last updated: | 6 min read
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
what can you buy with ethereum

Ethereum is emerging as a popular payment method across online merchants. This leads us to the question – what can you buy with Ethereum?

In this guide, we discuss how to spend Ethereum and the top nine things to buy with this leading cryptocurrency. 

Top 9 Things to Buy with Ethereum

Here are some of the best things to buy with Ethereum right now:

  1. Presale Cryptocurrencies
  2. Luxury Cars
  3. Luxury Watches
  4. Clothing and Accessories
  5. Property
  6. Gaming Consoles
  7. Electronic Gadgets
  8. Artwork
  9. Crypto Mining Equipment

How to Spend Ethereum – The Best Things to Buy With Cryptocurrency 

The use cases for Ethereum are continually expanding. Not only can crypto holders trade their Ethereum tokens but also buy products and services.  

In this section, we take a closer look at what you can buy with Ethereum in 2024. 

1. Presale Cryptocurrencies 

One of the most significant use cases of Ethereum is to buy other digital assets. However, this doesn’t mean ETH holders must engage in trading. Rather, those who prefer a long-term investment strategy can consider crypto presales. 

By investing in presales, investors get early access to new cryptocurrency projects before they are launched on public exchanges. This means investors can get new digital tokens at a lower price and potentially reap high returns.

Check out some of the best crypto presales to invest in right now. 

2. Luxury Cars

The global luxury car market is projected to reach $1.03 trillion by 2031. This increasing demand for luxury collectible cars has encouraged many automobile dealers to accept Ethereum payments. Today, it’s possible to buy everything from budget cars to supercars with Ethereum. 

Moreover, customers are not required to find a local dealer to buy cars with Bitcoin, Ethereum, and other digital assets. Instead, online platforms make the process simple. Many eCommerce platforms lists cars from leading brands, covering a wide range of luxury and high-performance car brands, including Lamborghini, Tesla, Ferrari, Porsche, BMW, Citroen, Dacia, Toyota, and Ford. In other words, there is something for all budgets and preferences. 

For example, we found the highly sought-out supercar, Bugatti Centodieci, listed for $13 million. Cost-effective models, such as the Dacia Sandero and Ford Focus, are also available for less than $25,000. On top of new models, you can also find a great collection of classic vintage cars. 

3. Luxury Watches

Many collectors consider investing in luxury watches with cryptocurrencies a smart financial move. This is because some timepieces can appreciate in value over time, making them a worthy addition to any investment portfolio. Brands such as Rolex, Audemars Piguet, Hublot, TAG Heuer, and Cartier are popular choices. 

Customers can find rare, in-demand models like the Rolex Daytona Rainbow Pave Factory and the Richard Mille 11-03 Rose Titanium Chronograph. There is also a wide range of Patek Phillip models accessible to Ethereum holders. The price range varies depending on the brand. 

For instance, we found a Citizen Eco-Drive Chandler available for just $240. On the other hand, the Richard Mille RM-011 FM ‘Felipe Massa’ Asia Exclusive 50 Limited is listed for $611,800. 

4. Clothing and Accessories

The fashion industry is also embracing cryptocurrencies. Luxury brands such as Gucci and PacSun have started accepting Ethereum payments. You can find an impressive selection of clothing and accessories for men and women. This includes activewear, t-shirts, shorts, jackets, dressers, and more. We also found that there are both high-end brands and budget options. 

For instance, shoppers can choose between a Burberry Leather Trimmed Hooded Coat at $7,864, or a simple pair of black leggings available for just $20. Customers will also find many choices in the accessories department and a dedicated section for women’s jewelry. 

5. Property 

Those wondering what can you buy with Ethereum can now invest in the global real estate market. Whether buyers are searching for houses, apartments, or commercial spaces, a growing number of real estate agencies are accepting payments in ETH.

Make sure that when buying property with crypto, the platform also has a dedicated international team to arrange all the legal support required to handle the paperwork. This makes it easier for buyers to navigate different countries’ property and tax laws – all from the comforts of home. 

6. Gaming Consoles

When exploring what can you buy with Ethereum, we also came across platforms that sell gaming consoles. As such, gaming consoles such as PlayStation, Xbox, and Nintendo Switch are in high demand with crypto holders. 

Customers can also buy gaming laptops, accessories, and individual games.  

7. Electronic Gadgets

Those wondering what you can buy with Ethereum will be pleased to find electronic gadgets on this list. You can find multiple categories of gadgets, such as laptops, smartphones, speakers, monitors, drones, printers, and more. Customers can also browse accessories such as USB cables, cases, chargers, and more.

8. Artwork 

The global artwork market continues to boom, generating nearly $68 billion in 2022. In fact, many art connoisseurs use their cryptocurrency holdings to invest in new collections. Many art platforms feature pieces from contemporary artists. This includes paintings, photographs, drawings, sculptures, and prints. You’re sure to find something to suit any budget.

9. Crypto Mining Equipment

Wondering how to spend Ethereum to mine cryptocurrencies? If so, it might be time to consider investing in crypto mining equipment, such as ASIC miners developed by Innosilicon and Goldshell. 

For example, miners can purchase a Goldshell KD5 Kadena Miner With Power Supply for $20,000 or 15.46 ETH. This is one of the most advanced ASIC miners available today. GPU mining tools are also available, such as GeForce RTX 3080 Graphics Card and the MSI GeForce GTX. 

Advantages of Buying Things With Ethereum

Ethereum remains one of the best cryptos to buy. And its growing adoption has also encouraged many merchants to accept ETH as payment. 

There are many benefits to spending Ethereum online, which we discuss below. 

Global Currency 

Ethereum is a cryptocurrency, which means that it can be used to make purchases from anywhere in the world. This is particularly useful for shopping, allowing people to buy products from other countries. 

In fact, financial experts speculate that the popularity of blockchain payments could threaten SWIFT. 

After all, blockchain networks don’t rely on third parties to process transactions. This means cryptocurrencies like Ethereum promote an efficient and decentralized borderless payment system. 

Speedy Transactions 

Using Ethereum also has a significant advantage over fiat money, as transactions can be processed within minutes. In fact, ‘the Merge’ has brought down the transaction time of Ethereum to just seconds. 

This is much faster than the hours or even days fiat transactions can take to settle. Moreover, the timescales for fiat payments can be even slower when it comes to international transactions, making ETH a much more efficient alternative. 

High Security 

Compared to other payment methods, cryptocurrencies like Ethereum also offer greater security. Fiat payments require personal information, such as credit card details, which can put buyers at risk. 

From retailers’ perspective, issues like chargebacks can occur, allowing payments to be revoked after products have been delivered. 

In contrast, cryptocurrencies eliminate these concerns by making payments irreversible and not requiring personal identification for transactions. 

Is it Safe to Buy Things With Ethereum?

Making payments with Ethereum is highly secure because transactions are handled directly from one wallet to another. In other words, retailers and online stores don’t have access to the private keys of the buyer’s wallet. Instead, buyers are in full control of the transaction. 

That being said, when considering how to spend Ethereum safely, crypto investors should do their due diligence. This is because not all platforms that accept Ethereum are reputable. Therefore, when considering where you can spend Ethereum, ensure the platform is credible. 

FAQs 

What can I use my ETH for?

Ethereum can be used to buy thousands of items including other digital assets, watches, smartphones, TVs, and cars. 

What can I buy with Ethereum?

You can buy electronics, designer clothing, luxury watches, cars, and more. 

Can I use Ethereum to buy things?

Yes, Ethereum can be used to buy products from retailers who accept this asset, including artwork, smartphones, cameras, watches, designer bags, and more. 

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

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