Venmo Credit Card Affiliate Program: Benefits & Commission
In today’s dynamic digital payment landscape, affiliate marketers have more opportunities than ever to earn commissions by promoting innovative financial products. Two notable players in this space are Venmo and UPay. While Venmo’s affiliate program is tailored for U.S. residents with its crypto-friendly credit card, UPay offers a competitive alternative that emphasizes global accessibility, diverse card options, and a flexible commission structure. In this article, we dive deep into the benefits, requirements, and commission details of both programs—providing a thorough comparison to help you decide which option best suits your affiliate marketing strategy. Key Takeaways Venmo Affiliate Program UPay Affiliate Program Participation Requirements A critical factor for affiliates is understanding the eligibility and operational requirements of each program. Below is an updated side-by-side comparison of the key criteria for Venmo and UPay affiliate programs. Participation Requirements Comparison Criteria Venmo Credit Card UPay Card Eligibility U.S. residents with an existing Venmo Credit Card Global users – no upfront card ownership required; available in 168+ countries (excludes 30+ regions) Account Age Must have a 30+ day old Venmo account No minimum account age requirement Referral Limits Maximum of 10 referrals per year (up to $500 cap annually) Unlimited referrals Audience Restrictions Primarily personal networks only Open to all audiences, including individuals, businesses, and Web3 companies Payout Frequency Payouts processed within 24 hours to 2 weeks Monthly payouts – commissions are aggregated and disbursed on a set monthly schedule Global Reach U.S.-only Supports multiple currencies across 168+ countries with exclusion of regions like China, Russia, Iran, etc. UPay’s flexibility in participation—combined with its global eligibility—positions it as an ideal choice for affiliates seeking scalable and international opportunities. UPay vs. Venmo: Which is Better for Affiliates? Choosing the right affiliate program depends on several factors, including commission structures, payout terms, global reach, and the available marketing tools. The table below outlines the key differentiators between Venmo and UPay: Affiliate Program Comparison Criteria Venmo UPay Commission Model $50 per referral (capped at 10 referrals/year) $30 per card activation plus 0.6% on monthly recharge volumes Earning Potential Limited by referral cap Scalable with unlimited referrals and tiered rewards for high performers Global Accessibility U.S.-only Available in 168+ countries (with support for 12+ currencies), excluding specific regions (e.g., China, Russia, Iran) Crypto Integration Crypto cashback redeemable as Bitcoin, Ethereum, etc. Direct crypto spending with an insured balance; caters to both crypto enthusiasts and traditional users Affiliate Tools Basic referral links and simple tracking Advanced performance dashboard, VIP account manager support, pre-designed marketing collateral, and detailed analytics Program Tracks Single-track approach Offers two distinct tracks—Corporate Card Partners for Web3 companies and Distributor Agents for network-driven promotion Additional Perks Standard PayPal protections Inclusive KOL Partnership Program providing premium commission rates and expanded market access While Venmo’s program is straightforward and well-integrated for U.S. users, UPay’s extensive features—ranging from diverse card offerings to sophisticated affiliate support—make it a robust, competitive alternative for affiliates looking to maximize their earning potential on a global scale. Venmo Card 101 Venmo’s credit card is designed to cater primarily to domestic users seeking a convenient way to earn crypto rewards on everyday purchases. Here’s an in-depth look at its core features: Core Features Rewards Fees and Charges Activation Process Use Cases Venmo’s product remains a compelling option for U.S. users, especially those looking to integrate everyday spending with cryptocurrency rewards. Venmo and the Cryptocurrency Market Venmo, a PayPal-owned platform, has been expanding its reach by integrating cryptocurrency features into its financial products. Here’s a closer look at its market position: Market Position Industry Trends Challenges Despite these challenges, Venmo’s innovative integration of cryptocurrency into its credit card rewards continues to draw interest from domestic consumers. UPay Affiliate Program: A Competitive Alternative UPay has emerged as a prominent player in the digital payments ecosystem, offering a multifaceted affiliate program that appeals to a global audience. With a strong emphasis on security, accessibility, and scalability, UPay’s program is structured to reward affiliates across different performance levels. Program Overview UPay bridges the gap between crypto and fiat transactions, catering to a wide range of users. Whether you are an individual affiliate, a business, or a Web3 company, UPay provides multiple pathways to earn: Card Options and Global Reach UPay offers a diverse range of nine card types, each catering to specific needs: These cards are available to individuals, businesses of all sizes, and Web3 companies. With eligibility extended to residents in over 168 countries (while excluding more than 30 regions including China, Russia, Iran, among others), UPay’s program is built for true global scalability. Program Tracks and Advanced Support UPay understands that different partners have unique needs. To this end, the program is divided into two distinct tracks: 1. Corporate Card Partners 2. Distributor Agents In addition to these tracks, UPay bolsters its affiliate support with a suite of advanced tools: KOL Partnership Program Recognizing the influence of digital opinion leaders, UPay has introduced a Key Opinion Leader (KOL) Partnership Program. This initiative offers: UPay’s dual-track affiliate structure, combined with a wealth of support resources and a global operational footprint, positions it as a strong, competitive alternative to domestic-only programs like Venmo. How to Earn with UPay The process of earning with UPay is straightforward and designed to be user-friendly, even for those new to affiliate marketing. Here’s a step-by-step guide to getting started: Why Choose UPay? For affiliates looking to diversify their revenue streams with a global perspective, UPay’s affiliate program offers numerous compelling benefits: These benefits collectively make UPay a competitive and attractive alternative for affiliates seeking a modern, global solution in the digital payments market. Comprehensive Support for Affiliate Success UPay is committed to ensuring the success of its affiliates by offering a robust support infrastructure. This includes: This comprehensive support system is designed to empower affiliates at every stage, making it easier to generate consistent and growing revenue streams. Program Guidelines and Policies To maintain the integrity and sustainability of the affiliate program, UPay has established clear guidelines: By following these guidelines, affiliates
Metaplanet Reports 42% Q2 Revenue Surge from Bitcoin Income Generation Strategy
Metaplanet Inc. reported a 42.4% quarter-over-quarter revenue increase in its Bitcoin Income Generation business for the second quarter of fiscal year 2025, ending June 30. The company disclosed revenue of JPY 1,097.25 million ($6.9 million), up from JPY 770.31 million in the previous quarter. The increase stems from the structured sale of cash-secured Bitcoin put options, a strategy Metaplanet uses to generate revenue while acquiring Bitcoin at predetermined prices. The company said proceeds were fully reinvested to acquire additional Bitcoin, raising its total BTC holdings to 13,350. Metaplanet’s Bitcoin Income Generation line accounted for 62.25% of its JPY 3.0 billion annual revenue target for the segment. Cumulative revenue from the segment stood at JPY 1,867.56 million by the end of Q2 FY2025. Metaplanet Strategic Acquisition Model and Deployment Unlike direct spot purchases, Metaplanet’s strategy involves selling options that may result in acquiring Bitcoin below the market price. The company emphasized that this model mitigates downside risk while generating operating income. All transactions under this program are fully collateralized and structured to protect capital, though the company has not disclosed specific execution details, citing strategic confidentiality. The program is designed to operate independently from Metaplanet’s existing Bitcoin Treasury holdings, which remain in cold storage. Capital initially allocated to Q2’s Bitcoin option contracts has been converted into long-term Bitcoin holdings, with future capital deployment subject to management discretion. The company indicated that any additional capital for the segment would align with previously disclosed plans involving proceeds from a series of stock acquisition rights. Outlook and Operational Positioning Management described the segment as a complementary extension of its broader treasury strategy, designed to build shareholder value through premium-based revenue generation. The company noted that this approach aligns with its long-term goals of capital formation under a Bitcoin standard. Metaplanet reiterated its intention to expand the model, viewing the quarter’s results as validation of its Bitcoin-linked revenue strategy. While future deployments remain subject to capital availability and market conditions, the firm signalled confidence in scaling the program further to support growth in both capital markets and operations. As of July 2025, Metaplanet remains focused on integrating its Bitcoin Income Generation business discreetly within its financial structure, aiming to build a sustainable and scalable source of income in line with its strategic framework.
Best Places to Spend Crypto in Uruguay
In Latin America, Uruguay is one of the few countries whose cryptocurrency landscape is considered “progressive”. Some neighboring countries that wear this similar badge are the Dominican Republic, Chile, and Paraguay. This progressive label is due to the government’s proactive stance in promoting blockchain technology and exploring the potential of digital currencies. This is visible with the establishment of a comprehensive legal framework for cryptocurrencies in October 2024, eliminating the “grey area” effect and boosting confidence in virtual currencies. This has led to impressive growth in crypto adoption by market size and user base. Statista reports US$5.9 million market revenue was generated in 2024, while a negative growth of US$5.7 million is forecasted for 2025. The number of users of cryptocurrencies or should I say spenders, is expected to reach about 164,400 in 2025. This data reflects the growing market of cryptocurrencies in Uruguay and why you should consider it as a crypto hub. In this article, we will take a trip to the world of these spenders, showing you the best places where they spend cryptocurrencies in Uruguay and why you should join them. Key Takeaways Where to Spend Crypto in Uruguay Tourism, real estate and remittances are the leading sectors accepting cryptocurrencies as payment in Uruguay. Statista reports that the tourism sector will generate US$272,660,000 in 2025 with a 6.18% increase to about US$346,580,000 through 2029. Uruguay is a popular and beautiful tourist destination in South America with two major cities being the most attractive spots. These cities are no other than Punta del Este and Montevideo. Let’s proceed to explore these cities and the best spots where you can spend crypto. 1. Punta del Este – Tourism and Hospitality This is a stunning resort town on Uruguay’s southern coast, where the Río de la Plata (river) meets the Atlantic Ocean. It is popularly known as the “St. Tropez of South America,” and it boasts beautiful beaches like Playa Mansa and Playa Brava. Source: costacruises.co.uk Punta del Este has iconic landmarks such as La Mano sculpture, and a mix of modern and colonial charm. It is a tourist destination due to its golden sands, vibrant nightlife, luxury yachts, and cultural gems like Casapueblo, offering a perfect blend of relaxation, adventure, and sophistication. As a leading tourist destination, there are many businesses in Punta del Este that accept cryptocurrencies. Some of these are: 1. The Grand Hotel Punta Del Este, Punta del Este, Uruguay2. Sunset Beach Hotel, Punta del Este3. Park Hotel, Punta del Este 2. Montevideo – Urban and Tech-Savvy Spots Montevideo is the largest and capital city in Uruguay. It also doubles as the financial capital with the presence of multiple mega-businesses. When you think of Montevideo, the first thing that comes to mind is its laid-back beach atmosphere, café culture, and well-preserved old town. It is situated on the southern coast, on the northeastern bank of the Río de la Plata, making it a major port and a centre for education and business, with industries including food processing, wool, oil, and cement. These many businesses with hundreds and thousands of tourist clients have created a market for crypto transactions. Let’s take a glance at some of these businesses that accept crypto. To juggle your memory, here’s a summary recap of all the places listed above and their location: S/N Place Business/Service Location 1 Bitcoin ATM Exchange Punta del Este 2 Urubit Logistics Punta del Este 3 Iniberto Tech startup Punta del Este 4 The Grand Hotel Hotel Punta del Este 5 Sunset Beach Hotel Hotel Punta del Este 6 Park Hotel Hotel Punta del Este 7 Bulka Café Café Montevideo 8 Puerto Mercado Hotel Hotel Montevideo 9 Alfa Suites Hotel Montevideo Tips for Spending Crypto in Uruguay Spending cryptocurrencies in Uruguay can be fun and thrilling if you are fully informed about these tips: Understand the Legal Landscape Cryptocurrency is legal in Uruguay and well-regulated. In October 2024, law 20.345 was enacted, recognizing crypto as virtual assets and giving the Central Bank regulatory oversight. This framework supports its use, but it is not legal tender like in El Salvador, so acceptance depends on individual merchants. Do remember such regulations may change or be updated in future. Do well to always be informed. Be Aware of Tax Implications The Uruguay crypto law 20.345 was quiet about tax implications but either way, you are advised to keep records of your transactions in case of a potential tax obligation. Gains from selling or spending crypto may be subject to capital gains tax in the future. You should consult a local tax professional if you’re unsure for better guidance. Find Crypto-Friendly Merchants From the list of businesses above, you can notice they are all in two major cities—Montevideo and Punta del Este. Secondly you can also notice the businesses are either hotels, restaurants, or tech companies. Businesses in the aforementioned places are your best bet to spend crypto in Uruguay. You could also find a local guide to help you in your quest or check online directories and forums for up-to-date lists of merchants. Use Crypto Debit Cards Now this is a smart one! You could simply use your ByBit virtual debit card to make payments. These cards convert your crypto to Uruguayan Pesos (UYU) at the point of sale, allowing you to use it anywhere cards are accepted. Be sure to check for cards with low conversion fees and ensure they support Uruguay’s payment networks. Leverage Bitcoin ATMs This should not be something new to you as we have talked about earlier and even dropped its location in Punta del Este. This ATM allows you to convert crypto to cash (UYU) for spending. Opt for Peer-to-Peer Transactions If other options fail, this should be your fallback plan. You can basically patronize any exchange P2P service, convert your crypto to fiat and make payments, especially for businesses that do not accept cryptocurrencies. Plan for Volatility Now you want to be very careful with this one.
Best Places to Spend Crypto in Dominican Republic
The Dominican Republic is becoming more crypto-friendly, with many businesses now accepting Bitcoin, Ethereum, and other cryptocurrencies. From restaurants and hotels to online stores and travel services, you can use crypto for everyday spending in different parts of the country. Although cryptocurrencies are not legal currencies, they are not fully adopted in the Dominican Republic and are not backed by the country’s Central Bank. Therefore, the Bank does not issue any licenses or have any regulations regarding it. Financial institutions in the Dominican Republic are not allowed to use virtual currencies for their business transactions. If individuals choose to buy or accept them as payment, they do so at their own risk. The Central Bank has warned that cryptocurrencies can create unclear situations that may lead to financial instability, tax evasion, corruption, and money laundering. Regulated banks that deal with cryptocurrencies may face fines or penalties. Recently, the country has confirmed Law 183-02, which states that all money debts must be paid using the official legal currency. But despite this law, buying, selling and owning of cryptocurrency is still thriving in the Dominican Republic. Though not widely used, some businesses and services still accept cryptocurrency as a means of payment. Some Businesses and services that accept cryptocurrency or use a registered card to spend crypto in the Dominican Republic include UPay, Alternative Airline, LockTrip, CheapAir, Lila’s restaurant, La Briciola S/N Best Places to Spend Crypto in Dominican Republic Category 1 Upay Payment Platform 2 Alternative Airline Travel 3 CheapAir Travel 4 Travala Accomodation 5 Lock Trip Accomodation 6 Newegg E-commerce 7 Overstock E-commerce Payment platform Source: Freepik Spending cryptocurrency in the Dominican Republic is getting easier thanks to payment platforms that allow businesses to accept Bitcoin, Ethereum, and other digital currencies. These platforms help people pay for goods, services, and travel using crypto, whether online or in physical stores. Some popular online payment platforms include UPay Bitpay, Coingate, BTCPay server, and the best is UPay. Upay UPay helps people in the Dominican Republic use cryptocurrency for their daily spending. With the UPay crypto card, you can spend your digital money just like cash, whether in local stores or online. Payments are simple, with a small 1% fee and no yearly charges. The service is designed to spend your digital assets anytime, anywhere, so you can easily pay for food, shopping, or travel. You can choose a virtual or physical card, and both work with mobile payment apps like Apple Pay and Google Pay for easy tap-and-go payments. Upay also ensures your security and protects your funds. The app enables you to track your spending and manages each transaction effectively and efficiently. How to sign up for a Upay Account Travel and Accommodation Services Source:Freepik The Dominican Republic is a popular travel destination with beautiful beaches, rich culture, and exciting cities. With cryptocurrency, you can now book flights, hotels, and other travel services in the country. Many online platforms and businesses such as Alternative Airline, LockTrip, CheapAir, Lila’s restaurant, La Briciola allow visitors to pay with Bitcoin, Ethereum, and other digital currencies. Here’s how you can use crypto for travel and accommodation in the Dominican Republic. Travel (Booking flight with Crypto) Travel makes it easier for travelers who prefer to pay with digital assets instead of traditional money. Several online travel platforms let you book flights using cryptocurrency. Alternative Airlines Alternative Airline is an online travel website that accepts cryptocurrency for flight bookings. It offers flights from over 600 airlines, including many that fly to and from the Dominican Republic. You can book your flights to and fro Dominican Republic using Bitcoin (BTC), USDT (Tether), Ethereum (ETH), and other digital currencies. How to Book with Crypto on Alternative Airlines: CheapAir CheapAir is a travel website where you can book flights, hotels, and car rentals from the Dominican Republic using cryptocurrency. It accepts Bitcoin (BTC), Ethereum (ETH), and other digital currencies, making travel bookings more convenient. You can compare prices from different airlines and find the best deals for flights departing from Santo Domingo, Punta Cana, Santiago, and other Dominican cities. How to Book with Crypto on CheapAir: Accommodation (Paying for hotels with crypto) Some hotels, cafés and resorts in the Dominican Republic now accept crypto payments. This includes Hodelpa Hotels & Resorts, Casa Marina Beach & Reef. This allows travelers to book accommodation without needing cash or credit cards. Travala Travala is a popular travel website that lets you book hotels and pay with crypto. It supports over 90 different cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). It lists thousands of hotels and resorts in the Dominican Republic. How to Book a Hotel on Travala with Crypto Popular Hotels Available on Travala in the Dominican Republic: LockTrip LockTrip is another platform that allows you to book hotels with cryptocurrency. It claims to offer cheaper prices than other travel sites by removing middlemen fees. You can pay with Bitcoin, Ethereum, and LockTrip’s own LOC token. How to Book a Hotel on LockTrip with Crypto E-commerce Source: Freepik As cryptocurrency adoption grows, more online businesses in the Dominican Republic are likely to accept digital payments. This makes it easier to shop for products and services using Bitcoin, Ethereum, and other cryptocurrencies. Whether you’re buying electronics, fashion, or digital services, e-commerce stores are a great place to spend your crypto. Here are some international E-commerce stores that accept cryptocurrency and deliver to the Dominican Republic How to Use Crypto for Online Shopping: Tools used for spending crypto in Dominican Republic Source: Freepik Many businesses are starting to accept crypto payments, making it easier for people to use digital currencies for everyday purchases. However, to spend crypto, you need the right tools. These tools help with making transactions, storing crypto safely, and finding businesses that accept digital payments. Here are some of the most useful tools for spending crypto in the Dominican Republic Crypto Wallets A crypto wallet is an app or device that stores your digital money. It helps you
Best Places to Spend Crypto in Switzerland
Switzerland is one of the most crypto-friendly countries in the world, often called “Crypto Valley” because of its strong support for digital currencies, like Bitcoin, Ethereum, and USDT. Many businesses now accept crypto payments for shopping, dining to booking hotels, and using public transport. A big improvement in using crypto in Switzerland is the Lightning Network, which makes Bitcoin payments faster by skipping the slow blockchain process. Many shops, even small local stores, now accept Bitcoin this way. You can often spot a sticker at their entrance showing they take Bitcoin. Additionally, these stores or businesses use a merchant acquirer service that allows them to accept Bitcoin payments. While cryptocurrency is regulated in Switzerland, it is generally considered an asset (wealth) rather than a currency. This means taxing similarly to stocks and other financial assets. S/N Best Places to Spend Crypto in Switzerland Category 1 Digital Galaxus Retail Store 2 Manor Retail Store 3 The Dolder Grand Hotel and Resort 4 Swiss Diamond Hotel Hotel and Resort 5 The Chedi Andermatt Hotel and Resort 6 Lugano’s “Plan ₿” Transport / Taxes / Tickets Retail Store Source: Freepik Digitec Galaxus Digitec Galaxus is Switzerland’s largest online retailer, offering a wide range of products, including electronics, home appliances, fashion, sports gear, and more. The company operates two main platforms: Manor Manor is Switzerland’s largest department store chain, offering a wide range of products, including: With over 50 locations across Switzerland, Manor is a go-to shopping destination for locals and tourists. Hotel and Resort Source: Freepik The Dolder Grand The Dolder Grandis one of Switzerland’s most prestigious hotels, offering five-star luxury, breathtaking views, and world-class service. Located onAdlisberghill above Zurich, it combines historic charm with modern elegance, making it a top destination for travelers seeking relaxation, fine dining, and exclusive spa experiences. Swiss Diamond Hotel Swissôtel is a luxury hotel brand known for its Swiss hospitality, modern design, and high-quality service. The brand operates hotels in major cities worldwide, including Switzerland. Swissôtel hotels focus on comfort, sustainability, and excellent customer service, making them popular among business and leisure travelers. Swissôtel has operated hotels in Zurich and Basel, but some locations may have rebranded or changed ownership. One of the most well-known locations was: To find the latest Swissôtel locations in Switzerland, you can check their official website: www.swissotel.com The Chedi Andermatt The Chedi Andermatt is a five-star luxury hotel nestled in the Swiss Alps, blending Asian-inspired design with Swiss hospitality. It is one of Switzerland’s most exclusive mountain resorts, known for its elegance, world-class service, and breathtaking surroundings. It has a perfect mix of modern comfort and traditional chalet charm. A 2,400 m² spa with an indoor & outdoor pool, saunas, and holistic treatments. Spacious accommodations with fireplaces, large bathtubs, and stunning mountain views. Transport / Taxes / Tickets Source: istock Lugano’s “Plan ₿” Lugano’s “Plan ₿” is an ambitious initiative launched in March 2022 to establish Lugano as a global center for Bitcoin and cryptocurrency adoption. The project is a collaboration between the City of Lugano and Tether, aimed at integrating crypto into daily life and attracting blockchain businesses and investors. Now, citizens can use crypto for taxes, parking tickets, public services, and even tuition fees. Tools for spending crypto in Switzerland Switzerland is one of the most crypto-friendly countries in the world, offering various ways to spend digital currencies like Bitcoin, Ethereum, and USDT. Whether you’re shopping, dining, or traveling, several tools make it easy to use crypto for everyday transactions. Here’s a simplified guide to the best tools for spending crypto in Switzerland. Crypto Debit Cards Crypto debit cards allow you to spend your digital assets like regular money by converting them into Swiss Francs (CHF) or other fiat currencies. Crypto-Friendly Online Payment Platforms Many e-commerce sites in Switzerland now accept crypto payments via platforms that integrate with their stores. CoinGate – Used by online retailers to accept Bitcoin and other cryptocurrencies. BitPay – Enables crypto payments for large merchants. NOWPayments – A user-friendly option for e-commerce businesses. Bitcoin ATMs If you prefer cash but have crypto, Bitcoin ATMs allow you to withdraw Swiss Francs using your digital assets. Where to Find Bitcoin ATMs: Merchant Payment Solutions Many Swiss businesses accept crypto thanks to payment processors that convert digital currencies into CHF. Additionally, the store or business you’re buying from must have a crypto wallet or use a merchant acquirer service that allows them to accept Bitcoin payments. Crypto Wallet Crypto wallets are a simple way to spend digital currencies. Many modern wallets, like UPay, let users pay for goods and services directly without converting crypto into regular money first. Tips for Spending Crypto in Switzerland Source: Freepik Using crypto for daily expenses requires some planning. Here are some key tips to make your crypto transactions smooth and hassle-free. Choose Crypto-Friendly Businesses Not all stores and restaurants accept crypto, so look for businesses that do. Choose a business that offers easy crypto transactions and has low crypto exchange fees. Use a Crypto Payment App Crypto payment apps such as UPAy, BitPay and Crypto.com Pay let you pay merchants directly in digital currencies without needing a debit card. Be Aware of Transaction Fees Crypto transactions may include fees, depending on the network and payment method. Use Bitcoin ATMs for Cash Withdrawals If a business doesn’t accept crypto, you can withdraw cash from a Bitcoin ATM. How to Find Bitcoin ATMs in Switzerland: Keep Your Crypto Secure Security is important when spending digital currencies. How to Stay Safe: Understand Crypto Regulations in Switzerland Switzerland has clear regulations for crypto transactions, but it’s important to stay informed. Key Points to Know: Challenges in Spending Crypto in Switzerland Source: UPay blog Switzerland is one of the most crypto-friendly countries, but using digital currencies for everyday purchases still comes with challenges. Here are some key obstacles you might face when spending crypto in Switzerland. Limited Merchant Acceptance Even in a progressive country like Switzerland, not every store or service accepts cryptocurrencies. While major
Best Places to Spend Crypto in Malaysia
Malaysia is steadily embracing the future of finance, with cryptocurrency gaining traction among businesses and consumers alike. If you’re looking to spend your digital assets while exploring or living in Malaysia, this guide covers where and how to use crypto safely and efficiently in the country. Key Takeaways An Overview of Crypto Spending in Malaysia Malaysia is actively developing its blockchain and cryptocurrency ecosystem. Universities and educational institutions offer blockchain courses, while government agencies and financial institutions promote blockchain innovation. Cryptocurrency adoption in Malaysia has also seen significant growth over recent years. As of the first quarter of 2024, over 840,000 Malaysians have opened accounts with regulated digital asset exchanges, comprising more than 72% of the investor segment. This surge indicates a rising interest in digital assets among Malaysians. Despite this growing interest, Malaysia does not recognize cryptocurrencies as legal tender. The government cites concerns over price volatility and potential cybersecurity threats as reasons for this stance. Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies are commonly traded, but their use for everyday transactions remains limited. However, a growing number of businesses are starting to accept crypto payments, particularly in sectors such as food, healthcare, and e-commerce. Establishments like Rice Kerabu Jijah, Mahkota Biryani, Goobat, and Vape Club International now offer customers the option to pay with digital currencies. The potential for more crypto spending in Malaysia will depend on continued regulatory clarity, wider merchant acceptance, and advancements in payment technology. Best Places to Spend Crypto in Malaysia S/N Best Places to Spend Crypto in Malaysia Category 1 Rice Kerabu Jijah Food and Drinks 2 Mahkota Biryani Food and Drinks 3 Goobat Health 4 Vape Club International Health 5 iCore Technology Sdn Bhd Web Hosting & Domains 6 VPSMalaysia VPS & Cloud Hosting 7 Mondoze VPS & Cloud Hosting 8 Sani.my Web Design & Development 9 Royalhost Domain & Web Hosting 10 Mullvad VPN VPN & Privacy 11 ProtonVPN VPN & Privacy 12 Hide.me VPN VPN & Privacy 13 Pusat Pungutan Zakat (PPZ-MAIWP) Charity & Religious Giving Rice Kerabu Jijah Nasi Kerabu Jijah, located in Kelantan, is the first establishment outside of Kuala Lumpur and Selangor to embrace cryptocurrency payments. This popular eatery offers a range of traditional Malaysian dishes, including nasi kerabu, grilled fish, and more. Customers can pay using cryptocurrencies such as Bitcoin (BTC) and Dogecoin (DOGE). Mahkota Biryani Mahkota Biryani Restaurant, situated in Wangsa Maju, Kuala Lumpur, is a top destination for those craving Johor-style biryani. The menu features red chicken, black meat, and lamb biryani, with prices starting as low as RM12 per dish. While the restaurant offers delivery through GrabFood and Foodpanda, dine-in customers also have the option to pay using Cheesecoin for their flavorful meals. Goobat Goobat is Malaysia’s first online pharmacy to accept Bitcoin (BTC) through its e-commerce platform. Customers can purchase a wide range of products, including dietary supplements, hygiene items, health and beauty products, and medications, all payable with BTC. Vape Club International Formerly known as Vape Club Malaysia, Vape Club International is one of Asia’s pioneering e-liquid subscription services. The company offers a variety of products, including nicotine-free e-liquids, nicotine salts, and e-liquids with 3mg and 6mg nicotine levels. Their products, which contain ingredients like propylene glycol, vegetable glycerin, and other chemicals, cater to diverse vaping preferences. In addition to accepting Bitcoin (BTC) and Ethereum (ETH), the company also supports Litecoin (LTC) payments via Coinbase. iCore Technology Sdn Bhd iCore Technology Sdn Bhd is a Malaysia-based web hosting and domain registration company that openly supports cryptocurrency payments. Catering to developers, startups, and crypto-native businesses, iCore offers shared hosting, VPS, and dedicated servers payable directly in major cryptocurrencies. VPSMalaysia VPSMalaysia is an established local VPS hosting provider that allows customers to pay using cryptocurrency via CoinPayments. This makes it convenient for users holding different digital assets to settle hosting invoices without converting to fiat. Mondoze Mondoze is a Kuala Lumpur-based VPS provider known for high-performance SSD hosting. The company clearly lists cryptocurrency as a supported payment option, appealing to international clients and privacy-conscious users. Sani.my Sani.my is a Malaysian web design and development agency that actively embraces crypto culture by accepting a wide range of cryptocurrencies, including meme coins. This flexibility makes it attractive to Web3 startups and crypto communities. Royalhost Royalhost is an international hosting and domain registrar that markets itself as crypto-friendly. With multiple payment gateways, it supports a broad list of digital assets, making it accessible to users in Malaysia and beyond. Mullvad VPN Mullvad VPN is widely respected for its strong privacy stance and anonymous account system. Serving Malaysian users, the provider incentivizes crypto payments by offering discounts, reinforcing its privacy-first philosophy. ProtonVPN ProtonVPN, developed by the team behind Proton Mail, allows users to purchase account credits using Bitcoin. These credits can then be applied toward VPN subscriptions, offering a simple crypto payment workaround. Hide.me VPN Founded in Malaysia, Hide.me VPN maintains local roots while operating globally. The service supports a wide range of cryptocurrencies, making it one of the most flexible VPN options for Malaysian crypto users. Pusat Pungutan Zakat (PPZ‑MAIWP) PPZ-MAIWP made history as the first official zakat authority in Malaysia to accept cryptocurrency donations. This move reflects growing institutional recognition of digital assets and targets younger, tech-savvy contributors. Tools Used for Spending Cryptocurrency Source: Freepik In Malaysia, individuals have several options to spend their cryptocurrency holdings: Peer-to-Peer (P2P) Payments P2P payments involve transferring cryptocurrency directly from one user’s digital wallet to another’s, without intermediaries. This method offers direct control over funds and immediate settlement. Users can utilize various P2P platforms available in Malaysia to facilitate these transactions. Crypto Debit Cards Crypto debit cards enable users to spend their digital assets at merchants that accept traditional debit or credit cards. These cards automatically convert cryptocurrency into fiat currency at the point of sale, allowing seamless transactions. Upay is a good example of a crypto debit card that allows you to spend crypto in Malaysia. Cryptocurrency ATMs Cryptocurrency ATMs allow users to buy and sell
Best Places to Spend Crypto in Saudi Arabia
The most direct best places to spend crypto in Saudi Arabia are: hotels and accommodations booked through Travala.com using Bitcoin or USDT hundreds of Riyadh and Jeddah properties available. Sotheby’s auction house in Diriyah, Riyadh accepted crypto for all lots at its 2025 inaugural Saudi auction. Major Saudi retail brands including Noon, Jarir Bookstore, Lulu Hypermarket, Carrefour, Amazon.sa, STC, Tamimi Markets, Nahdi Pharmacies, and Careem. Full guide based on category below. The Honest Context You Need First Here is the truth about crypto spending in Saudi Arabia in 2026: the country has 7.44 million crypto users and processed $47.1 billion in crypto transactions in 2024, a 154% year-on-year increase. The market is real. The demand is real. The spending infrastructure, however, is still catching up. Most businesses in Saudi Arabia do not yet have a crypto payment terminal at the counter. That is not unique to Saudi Arabia, it is true of most countries in the world. But there are genuine, verified places where your crypto works. Some accept it directly. Others are reached through a one-step bridge (a gift card or a crypto-linked Visa card) that takes seconds and still lets you spend at the actual location you want to visit. We have organised this guide into both categories, direct acceptance and bridged spending and been clear about which is which, so you know exactly what to expect before you arrive. Read Also: Best Places to Spend Crypto in Hungary Category 1 · Hotels & AccommodationBook Hotels in Riyadh & Jeddah Directly with Bitcoin Travala is a crypto-native travel platform that lists hundreds of hotels across Saudi Arabia — in Riyadh, Jeddah, Mecca, Medina, Dammam, and Abha. You pay directly with cryptocurrency. No gift cards. No conversion step. Your crypto goes in, a confirmed hotel reservation comes out. In Riyadh: Properties available include boutique hotels near the Kingdom Centre Tower, business hotels in Al Olaya district, and resort-style stays on the city outskirts. The Nofa Riyadh Radisson Collection and a range of OYO-branded properties are listed. In Jeddah: The Mövenpick Hotel Tahlia Jeddah, properties along the Corniche, and hundreds of other options from budget to five-star are bookable with BTC, ETH, USDT, or BNB. Travala also integrates Booking.com’s full inventory, meaning any property listed on Booking.com in Saudi Arabia is bookable with crypto through Travala. Supported crypto: Bitcoin (BTC), Ethereum (ETH), USDT, BNB, and over 50 other tokens. Travala also offers zero-fee Bitcoin and Ethereum booking options. Category 2 · Luxury & ArtSotheby’s Auction House — Diriyah, Riyadh This is the most significant example of direct, physical crypto acceptance at a named location in Saudi Arabia and it happened at the highest level of the luxury market. In February 2025, Sotheby’s held its inaugural auction in Saudi Arabia at Diriyah, just outside Riyadh making it the world’s first live sale of physical works to accept cryptocurrency as payment across all lots. All 119 items were payable with crypto, through a payment processor supporting Bitcoin and Ethereum. The auction raised $17.3 million, with crypto used for at least one confirmed high-value lot: Refik Anadol’s generative AI work, which sold for $960,000 paid in cryptocurrency. Sotheby’s has since established a permanent office in Riyadh at the Al Faisaliah Tower, the country’s first skyscraper and returned to Saudi Arabia for a second auction in late 2025. Upcoming Saudi auction schedules can be found at sothebys.com. Who this is for: High-net-worth crypto holders looking to acquire art, luxury watches, jewellery, vintage cars, or sports memorabilia using digital assets. This is the premium end of crypto spending in the Kingdom — and it is already established and operational. Category 3 · Retail & ShoppingMajor Saudi Retail Chains — In-Store & Online Jarir Bookstore — 59 Branches Across Saudi Arabia Jarir is Saudi Arabia’s most recognised electronics, books, and stationery retailer with 59 branches across the Kingdom and a full online store at jarir.com. Buy a Jarir eGift card with Bitcoin, Ethereum, USDT, USDC, Solana, or Binance Pay on Bitrefill. The card is emailed to you instantly and is redeemable in-store at any Jarir branch or online. This is one of the best options for crypto-funded electronics purchases: phones, laptops, tablets, gaming equipment at a named Saudi retailer you can physically walk into. Noon.com — Saudi Arabia’s Largest E-Commerce Platform Noon is the Middle East’s largest e-commerce platform, with over 20 million products, same-day delivery across Riyadh, and delivery across the Kingdom. Buy a Noon gift card with crypto on Bitrefill, top up your Noon wallet, and shop anything; electronics, fashion, groceries, baby products. The gift card code is delivered digitally and redeemable at noon.com/saudi-en. STC (Saudi Telecom) — Mobile Recharge & Services STC is Saudi Arabia’s largest telecoms provider. You can top up your STC mobile balance or purchase STC services using crypto through Bitrefill. This is particularly useful for expats and visitors who need to top up a Saudi SIM immediately on arrival without a bank transfer. Bitrefill also supports eSIM purchases for Saudi Arabia directly with crypto, so you can have connectivity sorted before you land. Category 4 · Grocery & Daily SpendingSupermarkets, Pharmacies & Food Delivery Lulu Hypermarket — Riyadh, Jeddah, Dammam, Mecca & Medina Lulu Hypermarket is one of Saudi Arabia’s most widely used grocery and retail chains, with branches in all major cities. It is especially popular with the expat community. Buy a Lulu eGift card with BTC, ETH, USDT, USDC, Litecoin, Dogecoin, or Binance Pay on Bitrefill. The card is valid for one-time purchase to full value across any Lulu KSA location. This is one of the most practical day-to-day crypto spending options for residents. Careem — Rides & Food Delivery Across Saudi Cities Careem is the dominant ride-hailing and food delivery app across Saudi Arabia covering Riyadh, Jeddah, Dammam, Mecca, and Medina. You can fund your Careem account using a Careem gift card purchased with crypto on Bitrefill. This means you can pay for taxis from the airport, ride across Riyadh, or order food delivery to your hotel, all with