Top 3 Cash-Like Cryptocurrencies


While economists like to give crypto a hard time, more and more people want to use digital currency in lieu of fiat money. However, not all cryptocurrencies are equally useful as a payment method for the reason of acceptance. The crypto market is still in its infancy, and most companies, vendors, and retailers do not accept digital currencies as payment. Bitcoin, Litecoin, and Dash are three that the most companies accept. Let’s learn more about how they work.


Bitcoin has the most utility as a payment method right now. Hundreds of companies will let you make purchases with Bitcoin, including popular retailers like Microsoft and Shopify. Even some law firms will accept Bitcoin for their services. Generally, when a business decides to start accepting crypto, Bitcoin is the first one they choose. Keep in mind that sometimes a merchant will start accepting Bitcoin and later discontinue the option if the interest isn’t there.

Obviously, the first step is to buy Bitcoin and buy a wallet to store it. The easiest way to make a purchase is at an exchange, such as Coinbase, CEX.IO, Binance, or Bittrex. You can also purchase Bitcoin directly from another person through marketplaces like LocalBitcoins. You have a variety of payment options, such as a credit or debit card, fiat, and crypto. Not every exchange accepts the same methods of payment, so choose the one which is suitable for you.

You also might want to choose a highly secure crypto wallet, such as Ledger or Trezor. Once you set up a wallet, make sure you keep your private keys secure. Now you can go to the exchange of your choice, set up an account, and purchase the amount of Bitcoin you want.

Basically, if you want to send Bitcoin to someone, you tell the Bitcoin network the amount you want to send and who the recipient is. Each wallet has a unique address. The network verifies that the coins have not been sent to another party before the transaction goes through. The important thing to note is that transactions are irreversible. This process works if you want to send funds to a friend overseas or, for instance, buy a new guitar.

To shop with Bitcoin, the main thing you have to do is find a vendor. A quick Google search will help you find a store that accepts Bitcoin.


While not as many vendors accept Litecoin, there is still a decent selection of places that accept it as a payment option. With Litecoin, you can purchase a car, pay for services, donate to charity, and even shop at some land-based stores. Your choices are fairly limited, but there is still a lot you can do with this currency. Like Bitcoin, Litecoin allows you to send and receive digital assets from other wallet holders. You can buy Litecoin using fiat money via crypto exchanges or a peer-to-peer platform.

Also, you have many wallet choices that are compatible with Litecoin, but always choose one that doesn’t involve a third party. You don’t want to store your funds at a cryptocurrency exchange, for example, because in that case, you are not the one holding the coins.

Once you have some Litecoin, you can spend it, using your wallet almost like a credit card. You can use Wirex to spend both Litecoin and your fiats. It does not have any hidden fees and can be used via your computer or a mobile app.


Dash is a cash-like digital currency which allows users to send and receive money from anywhere almost instantaneously. The easiest way to buy Dash is to use fiat currency and go to an exchange. There, you can also purchase Dash with Bitcoin if you have it.

Dash has wallets available for Windows, MacOS, Linux, and smartphones. All of them are pretty safe. You can also purchase a hardware wallet to store extra funds. It is useful to store a small amount on a mobile app and keep the bulk in a secure hardware wallet.

Dash is a very community-oriented cryptocurrency, so it will be easy to find other Dash holders to trade with. They even have a meet-up program.

Dash will likely keep adding more merchants to its network, as it is designed specifically to make digital transactions easier and more secure. Instant payments mean chargebacks are not an issue. You also don’t have to worry about transactions being blocked or reversed. They have an e-commerce plugin to make it easy for online shops to integrate Dash into their payment system.

Dash can be used at a number of online stores like Brave New Books, Yipptee, and Misconduct Wine Company. You can use Dash to buy certain gift cards, pay for marketing services, and even pay your bills.


While no cryptocurrency is yet capable of taking the place of fiat currency, Bitcoin, Litecoin, and Dash are all becoming increasingly useful as a way to send money and make purchases. As more and more merchants adopt cryptocurrency, digital currency is going to become more similar to regular cash, gaining a much wider functionality.


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