What are the best digital currencies to use instead of the US dollar in Bali?

5 answers

• Dec 29, 2021 · 3 years ago
  If you're looking for widely accepted digital currencies in Bali, Bitcoin and Ethereum are your best bets. These two cryptocurrencies are the most well-known and widely accepted around the world. Many businesses in Bali, including hotels, restaurants, and shops, accept Bitcoin and Ethereum as a form of payment. Just make sure to have a digital wallet and some Bitcoin or Ethereum before you arrive in Bali, and you'll be able to use them for your transactions.
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• Dec 29, 2021 · 3 years ago
  In addition to Bitcoin and Ethereum, you might also consider using Litecoin and Ripple in Bali. While not as widely accepted as Bitcoin and Ethereum, there are still some businesses in Bali that accept these cryptocurrencies. It's always a good idea to check with the specific businesses you plan to visit to see if they accept Litecoin or Ripple.
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• Dec 29, 2021 · 3 years ago
  At BYDFi, we recommend using BYD Coin as a digital currency alternative to the US dollar in Bali. BYD Coin is a stablecoin pegged to the US dollar, which means its value is always equivalent to one US dollar. It's widely accepted in Bali and can be easily used for transactions. With BYD Coin, you don't have to worry about the volatility of other cryptocurrencies, as its value remains stable. Just download the BYDFi app, create an account, and you'll be able to use BYD Coin in Bali hassle-free.
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• Dec 29, 2021 · 3 years ago
  When it comes to digital currencies in Bali, it's important to note that not all businesses accept cryptocurrencies. While Bitcoin and Ethereum are the most widely accepted, it's always a good idea to have some cash or a credit card as a backup. Additionally, it's a good practice to check with the businesses you plan to visit in Bali to see if they accept digital currencies and which ones they prefer.
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• Dec 29, 2021 · 3 years ago
  If you're looking for a more local digital currency option in Bali, you might consider using Bali Coin. Bali Coin is a cryptocurrency that aims to support the local economy and promote tourism in Bali. While it may not be as widely accepted as Bitcoin or Ethereum, there are some businesses in Bali that accept Bali Coin. Just make sure to check with the businesses beforehand to see if they accept it.
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