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How much is one Bitcoin worth in Bali?

avatarAlvarado HaslundDec 28, 2021 · 3 years ago3 answers

I'm planning a trip to Bali and I'm wondering how much one Bitcoin is worth there. Can I use Bitcoin to pay for things in Bali? Are there any local businesses that accept Bitcoin? What is the exchange rate for Bitcoin in Bali?

How much is one Bitcoin worth in Bali?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Sure, you can use Bitcoin to pay for things in Bali! While it's not as widely accepted as cash or credit cards, there are some local businesses that do accept Bitcoin. You can check out websites like CoinMap to find places in Bali that accept Bitcoin. As for the exchange rate, it can vary depending on the platform you use to convert your Bitcoin to local currency. It's always a good idea to check the current exchange rate before making any transactions.
  • avatarDec 28, 2021 · 3 years ago
    Absolutely! Bali has a growing community of Bitcoin enthusiasts and there are several businesses that accept Bitcoin as a form of payment. From restaurants to hotels, you can find places that are Bitcoin-friendly. The exchange rate for Bitcoin in Bali is usually based on the global market rate, but keep in mind that there may be some fees involved when converting Bitcoin to local currency. It's always a good idea to do your research and compare rates before making any transactions.
  • avatarDec 28, 2021 · 3 years ago
    Yes, you can use Bitcoin to pay for things in Bali. However, it's important to note that the acceptance of Bitcoin may vary from place to place. While some businesses in Bali do accept Bitcoin, it's not as common as using cash or credit cards. As for the exchange rate, it's best to check with local exchanges or online platforms to get the most accurate rate. BYDFi, a popular cryptocurrency exchange, offers competitive rates for converting Bitcoin to local currency in Bali.