Does Best Buy Take Bitcoin?

In an effort to stay up-to-date with the latest technology, some major retailers are accepting Bitcoin as a form of payment.

But does Best Buy take Bitcoin? Best Buy does not take Bitcoin. However, you can always buy a gift card with Bitcoin and redeem it at Best Buy.

Best Buy

If you want to buy something from Best Buy with Bitcoin, read on.

Using Bitcoin At Best Buy

Bitcoin is one of the world’s most popular cryptocurrencies, which allows for secure and near-instantaneous money transfers without any intermediary. All internet transactions need to be verified by a global network of individual computers because it is extremely difficult (though not impossible) to forge blocks on Bitcoin’s blockchain.

There are many benefits associated with using bitcoins, but unfortunately at this time; Best Buy does not accept bitcoin as payment method. 

One reason for this may be that there are very few companies who would want that type of currency due to its volatility in prices.

However, there is a work around. You can buy a Best Buy gift card from an online gift card site using Bitcoin and then redeem it at Best Buy.

I’ll cover two options here:

eGifter.com

The eGifter app is a one-stop shop for all your gift card needs. Whether you want to buy clothing, games or food, there are hundreds of choices available with bitcoin as the preferred payment method.

To buy a Best Buy gift card with Bitcoin, follow these steps:

  • Select your country on the Gift Cards page,
  • Choose the Best Buy gift card and add it to your cart
  • Then select bitcoin as a payment method at checkout.

That’s it! You can now use bitcoin to purchase your Best Buy gift cards!

Gyft

Gyft was one of the first places to accept Bitcoin and provide their customers with easy ways to shop, send, and redeem gift cards from any device.

So whether you’re buying a present for your best friend or want an easier way to keep track of what’s left on that gift card collection — Gyft has got it all.

Here is how you can buy a Best Buy gift card with Bitcoin on Gyft:

  • Select your desired gift card
  • Choose Bitcoin as your preferred payment method 
  • Send the money through from your bitcoin wallet

Buying Electronics At Newegg.com

If you’re looking to buy electronics with Bitcoin, you can shop at Newegg. Newegg makes it really easy to pay with bitcoin through the mobile app or website. They also have other methods of payment available.

Newegg has recently started to accept bitcoin as payment for products, which could be great news for shoppers looking to purchase with cryptocurrency.

While there are some limitations on what can be purchased with bitcoin currently, this may change in the future and Newegg’s acceptance of digital currency means that they will remain competitive in an increasingly digital world.

Final Thoughts

Bitcoin is a new and exciting way to purchase items.

It’s an innovative form of currency that can be used for purchases, but also has other benefits like no credit card fees or interest rates. You won’t have to worry about your identity being stolen when you use cryptocurrency because it’s not linked with any bank account information.

If Best Buy doesn’t take bitcoin yet, they likely will soon!