12 April 2022

So You Have Some Sats, Now What?

Welcome to the next generation of money. Welcome to Sats.

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So You Have Some Sats, Now What?

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    What to do with your sats?
    Where can you spend your sats?

What to do with your sats?

Alright — so you've got some sats in your NOAH wallet, and you're probably wondering what to do with them. Here's a quick guide that should help you get rolling.

The number of Bitcoin retailers is growing every day. As the popularity of Bitcoin grows, so too will the number of retailers who accept it as payment. And as more of the world wakes up to Bitcoin payments, expect to see even more places that will take your sats — directly.

There's no right way to use your sats. Maybe you want to buy a TV from Amazon. Maybe you want to take a vacation next month. Or maybe, you're perfectly comfortable stacking your sats and watching them grow. How you use your sats is entirely up to you — it's your money, and you get to decide how to spend it.

Where can you spend your sats?

That said, there are myriad retailers that accept bitcoin as a form of payment like Microsoft, Overstock, and Travala. However, the most versatile method for spending your sats is through a gift card provider like Bitrefill (Lightning compatible transactions), CryptoRefills, and Gyft. These companies convert bitcoin into gift cards that you can use in retail stores around the world. The variety of gift cards available is staggering, so you're sure to find something that meets your needs.

Here's a quick list of retailers:

  • Walmart
  • Amazon
  • AT&T
  • Verizon
  • AirBNB
  • Uber
  • Postmates
  • Doordash
  • Uber
  • American Airlines
  • Southwest
  • Apple
  • Instacart
  • Nike
  • Starbucks
  • Whole Foods
  • CVS

And that's just a few. Your groceries, your drug store needs, your travel, your shopping, your entertainment — they can all be taken care of with a quick trip to one of these gift card providers.

And for everything in between, you can always find the more specific items on Amazon or at Walmart.

The possibilities are endless, and the best part is that you don't need to worry about exchanging your sats for another currency. You can just use your sats to buy whatever you need.

The number of Bitcoin retailers is growing every day. As the popularity of Bitcoin grows, so too will the number of retailers who accept it as payment. And as more of the world wakes up to Bitcoin payments, expect to see even more places that will take your sats — directly.

Here at NOAH, we have a few things in the works to make exactly that happen. Stay tuned for more updates.

Please be aware that: Cryptocurrencies are unregulated in the UK; Cryptocurrencies are not protected under Financial Ombudsman Service or Financial Services Compensation Scheme (FSCS); Profits may be subject to capital gains tax; The value of investments can go down as well as up.

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