Cryptocurrencies have become a daily thing for millions of people; their adoption has increased significantly recently, and even countries like El Salvador have adopted bitcoin as legal tender.
The holidays are here, and it's time to get out of the routine to travel the world, and what better way to do it than using cryptocurrencies? In this article, we collect five destinations you can visit using cryptocurrencies. But first, let's go over a few things.
What is crypto tourism?
There are many tourism branches, and one should be dedicated to fans of cryptocurrencies. There are already many travel agencies that offer attractive destinations for crypto tourists.
Most of these trips focus on learning more about the ecosystem, with invitations to talks, exhibitions, conferences, and networking.
Why travel using cryptocurrencies?
Since the COVID-19 issue gradually subsided, many people resumed the desire to travel again, and surprisingly, people were ready to spend more money than before. Cryptocurrencies take great value here; according to a survey of users in the United States, more than 22% plan to pay a large part of their travel using crypto.
This can be attributed to different things; one is the ease of making payments no matter where you are. You need to scan a QR, pay whatever you want, and forget about looking for an exchange house to swap your currency for the currency of the country visited.
Another advantage of using cryptocurrencies abroad is avoiding high commissions for using your credit card; this gives tourists much more freedom on how and how much money to spend. Security is crucial; bitcoin is the best, thanks to the blockchain, which offers a much more robust system than banking entities.
Decentralization has pros and cons that we can notice when it's time to make a payment. We must be cautious every moment because if we make a mistake and send the cryptocurrencies to another address, there is no way back.
Another inconvenience to take into account when traveling is choosing the right destination. Cryptocurrencies have been around for years, but their fame has just exploded. While the adoption of cryptocurrencies increases significantly every year, there are many countries where it is not so common to make payments using crypto but don't worry, in this blog, you will find the best destinations to spend those bitcoins you bought years ago.
The five best destinations to travel using cryptocurrencies
Now that we know enough about crypto tourism, it's time to tell you about those places to visit on your next trip. It doesn't matter if you want to tour Europe or visit Argentine Patagonia and pay for a warm mate using cryptocurrencies; there are destinations for tastes and colors in this list.
1. El Salvador
This country should be on the list; after the well-known "Bitcoin Law," the Central American nation became the perfect destination to visit and use your satoshis anywhere.
In 2021, El Salvador received 1.4 million tourists. The country offers a lot of nature and is famous for its perfect beaches to learn to surf; also travel the route of the thousand peaks and enjoy the views provided by the Salvadoran volcanoes.
If cities that keep stories wherever you look are your thing, this is your ideal destination. In addition, the German government recognizes cryptocurrencies as “private money,” so it is not necessary to pay extra taxes when you buy anything.
Berlin is a city that perfectly mixes modernity with war memories, full of museums and exciting walks; the capital is perfect for spending a week and delighting the palate with some delicious Bavarian sausages.
3. San Martín de los Andes, Argentina
Argentina is one of the countries with the highest adoption of cryptocurrencies in the region as a result of the economic instability that the country is experiencing. San Martin de Los Andes, the Silicon Valley of Latin America, is the cradle of many local fintech. It is estimated that more than 60% of businesses accept payments with cryptocurrencies.
Whether you go in winter or summer, extreme sports are always present; snowboarding, rafting, mountain biking, paragliding, and rappelling are some of the many activities you can do in this small town surrounded by mountains.
The Asian country is in sixth place on the list of cryptocurrency adoption, and more than 20% of the population owns some crypto; this is well above the global average of adoption, about 15%.
Singapore is a city of the future, with a design based mainly on accessibility, accompanied by tall and colorful buildings, but without forgetting the green areas. Its characteristic street cuisine of the region, together with a reasonably tropical climate, make Singapore a perfect destination to enjoy at night.
5. Texas, United States
The United States should be on this list, and one of its most representative cities in terms of cryptocurrencies is Texas, where investors abound, and mining farms are everywhere.
Texas is so big and varied that it could be a country. We can go from the tall buildings of Austin to the small and curious towns without losing sight of the particular country's culture. Texas should definitely be your next destination if you want to eat the most delicious barbecue in the world and pay with cryptocurrencies.
Now that you know where to go on your next vacation, it is the perfect time to start buying your cryptocurrencies and pay with your local currency using one of the +30 payment methods El Dorado has for you.
Don't wait any longer; download our app and start your path to financial freedom!