Bitcoin was the first cryptocurrency. When Bitcoin entered the market, it opened a door to a whole new paradigm, or perhaps, new ways of thinking. Bitcoin was just a digital payment system. With time, programmers and visionaries pondered, what if we could transact properties, what if we could write code that executes automatically when certain parameters are met, what if we could lease extra computer power using cryptography and blockchain. These thoughts gave rise to all the coins we see today.
But today, our focus is on booking hotels and homes using cryptocurrency. So here is how you book hotels and homes with cryptocurrency:
This is a cryptocurrency designed to do just that. Travala guarantees that you will get the cheapest price when booking a vacation home. We have tested their claim and found that it is not always the case. However, 75% of the time, you do get the cheapest price. They have more than 2 million active listings and more listings are being added regularly. You have a variety of payment methods when using Travala. They accept all major cryptocurrencies as well as bank cards. Interestingly, you get a discount when you use their native Travala.com coin, AVA.
They have listings of almost every country on earth. What we love about Travala is their various incentives for using their service. You can check their smart program here. In conclusion, Travala is the most convenient way to book hotels and houses with cryptocurrency. Travala acts as an intermediary. When you book a hotel on Travala, they take your cryptocurrency and use their fiat to book the hotel for you. Then they send the booking confirmation directly to your email.
If you are going to pay with Travala coin (AVA) when booking a hotel, there is something you need to know. If you have stored AVA coins in an exchange, and planning on withdrawing AVA coins straight from the exchange to the payment address given by Travala, you are going to run into problems. Travala gives you a limited time to send the payment to their wallet address. If you exceed this time, the payment address will expire. Then you will have to get in touch with their support team to confirm the payment. If you are using Travala wallet, this problem can be avoided completely. You can signup for their online wallet here.
Convert Crypto to Fiat
If your favorite booking app or website does not accept cryptocurrency as a payment method, you can still pay with cryptocurrency by converting crypto to fiat. Now, this method is not as convenient as paying directly with crypto. However, if the service you are using has a significant discount or the hotel room of your choice is only available on that specific booking platform, it may be worthwhile to convert crypto to fiat and book that hotel.
There are a plethora of ways to convert crypto to fiat. Depending on your country, these services may or may not be accessible to you. If crypto debit cards are supported in your country, that is the most convenient way to convert crypto to fiat. However, in terms of fees, it may not be the cheapest option. If you want to get the best price for your coins, you are better off selling cryptocurrency on an exchange. You can check out the cryptocurrency exchanges with the lowest fees here.
Travala is not the only service that allows you to book hotels and homes with cryptocurrency. Here’s the complete list of all the services that allow you to book hotels with crypto:
Buy Hotels Gift Cards
Alternatively, you can buy hotel gift cards with cryptocurrency and redeem those cards online. For example, services like Hotels.com allow you to book hotels with Hotels.com gift cards. These gift cards can be bought for Bitcoin or other cryptos on gift card platforms like:
Check out the complete list of gift card platforms here.
With the growth of cryptocurrency, more and more services start to adopt crypto as a payment method. 10 or 20 years into the future, you wouldn’t even think about converting crypto to fiat when you need to book a hotel or buy something online. By that time, crypto will be mainstream. But until then, we have to find inventive ways to use crypto instead of fiat. Above are some of the ways you could book hotels and houses with cryptocurrency.