Already now, with the help of cryptocurrencies, it is possible to solve various problems in real life. There are 3 large areas of application of cryptocurrencies, in which they have advantages over conventional money:

  • Financial transactions are investments, trading and use of various financial instruments based on cryptocurrencies. For example, loans secured by cryptocurrencies;
  • Bypassing government restrictions – storing and transferring money without the risk of blocking accounts. Payment for illegal goods and services;
  • Household transactions – purchase of goods and services, donations, payments (salaries, winnings).

Financial operations

The purpose of financial transactions is to increase the amount of your money.

1. Long-term investment in cryptocurrencies

They are based on the fact that over time, the value of those cryptocurrencies that have limited emission grows.

For this purpose, first of all, Bitcoin (bitcoin, BTC) is suitable – as a cryptocurrency with the longest history, clearly established rules for limited emission and a low probability of changing these rules.

In this case, bitcoins are bought with fiat currency and held until the price rises enough. 

2. Donations, donations

Allow donations to be made in circumstances where it is undesirable to allow the identity of the sender of the donation to be revealed. Learn more at

9. Investments in tokens and NFTs

The expectation that the price of purchased tokens or NFTs will increase. For the purchase, you can use the cryptocurrency in the network of which the token was issued. Ether (ehtereum, ETH) often acts as such a cryptocurrency.

3. Cryptocurrency analogues of bank deposits

Various solutions (staking, landing) allow you to place your cryptocurrency on landing platforms or freeze it in staking and periodically receive interest payments in the same currency. Suitable for many cryptocurrencies and stablecoins (tokens whose value is pegged to the value of a fiat currency, such as the US dollar). There are both centralized platforms and decentralized (DeFi).

4. Loans secured by cryptocurrencies

They solve the problem of investors who have invested a lot in cryptocurrencies and do not want to spend them. At the same time, they need money. In this case, they pledge their cryptocurrency, receive stablecoins, and periodically pay interest on the loan received.

5. Trading

Cryptocurrency trading on cryptocurrency exchanges. According to the principle “Bought low, sold high, repeated”. Cryptocurrencies with high volatility are suitable.

Bypass state restrictions

6. Money transfer

Including abroad. Cryptocurrencies allow you to transfer large amounts of money in the face of bans on transfers and / or control of banks over transfers. This eliminates the risk that a bank account will be blocked for some operation. Or the risk that the state will recognize the funds received as income and charge tax.

It would seem that stablecoins are better suited for such operations. They do not have the risk of changing the cost of the transfer in dollars during the transfer. Unfortunately, many stablecoins have a built-in address blocking mechanism. Such a mechanism exists in the most popular stablecoins – USDT, USDC.

Therefore, for such transfers, it is better to use the most decentralized cryptocurrencies, for which there is no risk of blocking addresses. For example, bitcoin.

7. Keeping money without the threat of blocking

Cryptocurrencies allow you to store money without fear that the bank will freeze the account at the request of government agencies. All recommendations for this paragraph are similar to the previous paragraph.

household operations

8. Purchase of goods and services

The advantage of cryptocurrencies is that they can be used to pay in conditions where payment by bank cards is not available.

This is especially true for buying airline tickets, paying for hotels and paying for various digital services (for example, hosting or VPN).

Also, purchases for cryptocurrency are relevant for those who already have cryptocurrency:

  • those who receive a salary or other income in cryptocurrency;
  • those who previously invested in cryptocurrency and now want to spend part of it.

It is more interesting for them to immediately spend cryptocurrencies, without an intermediate operation of exchanging it for fiat money.

9. Investments in tokens and NFTs

The expectation that the price of purchased tokens or NFTs will increase. For the purchase, you can use the cryptocurrency in the network of which the token was issued. Ether (ehtereum, ETH) often acts as such a cryptocurrency.

10. Payment of wages

Paying in cryptocurrencies  is sometimes the only or easiest way to pay a salary to an employee in another country.

This feature is also handy:

  • companies related to cryptocurrencies. They may have income in cryptocurrency, salary can be paid from this income;
  • employees who want to receive a salary immediately in cryptocurrencies for their own reasons.

11. Payout of bonuses and winnings

Paying in cryptocurrencies allows you to simplify the legal aspects of such payments. Particularly related to taxes.


Currently, cryptocurrencies are already being used in many areas of our lives, giving users advantages over the use of conventional money.