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How to travel to Colombia with cryptocurrencies

How to travel to Colombia with cryptocurrencies

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Are you planning a trip to Colombia? Then there is one thing you should know about this country. Colombia is currently one of the countries that is positively thriving in the cryptocurrency market. You can use cryptocurrency in Colombia to make various payments on your trip, including flights, restaurants, and much more!

What is cryptocurrency?

Cryptocurrency is simply a form of digital or virtual currency. It is based on blockchains and can be used to buy goods and merchandise without the need for physical notes or coins. Although it is a form of digital currency, there is no need to worry about its security. It is protected by cryptography, which makes it impossible to counterfeit.

You may be wondering: How can I travel to Colombia with cryptocurrencies?

In Colombia, specific regulations and laws mean that cryptocurrency is quite restricted to the informal sector. No, it is not illegal to carry out transactions in cryptocurrencies in Colombia, but there is no centralised exchange service. These are the areas in Colombia where cryptocurrency transactions can be carried out:

  • For payments related to transport: By transport, we mean local transport services such as taxis. There are numerous taxi services in Colombia where you can pay with cryptocurrency. It is a fairly popular payment method for many Uber drivers throughout Colombia.
  • Flight bookings: If you are planning to book a flight to Colombia by paying with bitcoin, then yes, you can easily do so! Several websites such as cheapair, bitcoin.travel, or destinia.com, allow you to easily book flights without any limit on the use of bitcoin. For the best experience, you should try the tour packages at transferstours.com, as they offer you a plethora of options to explore Colombia using a suitable payment method.
  • Hotel reservations: Just like booking flights, you can also book hotels by paying with bitcoin. You can find hotel booking options on websites like travelbybit or travala. These websites will give you many options for featured hotels in Colombia, and they consider cryptocurrency to be a very reliable form of payment.
  • In restaurants and food corners: There are several food corners throughout Colombia where you will find cryptocurrency payment options. These restaurants or food corners display a sign in their premises stating that they accept Bitcoins.
  • For shopping: Travelling without shopping? It’s not possible, is it? In Colombia, you will come across several retail stores that accept cryptocurrencies. These are small souvenir shops where you will find similar signs, stating that they accept transactions through cryptocurrencies.

There are accessible exchange service providers, such as Binance or Kraken, that will facilitate currency conversion for you. In addition, as with regular currency, you can make use of cryptocurrency services through ATMs located throughout the country.

The main cities in Colombia where you can use cryptocurrency

Before making a list of destinations in Colombia, there is a crucial factor you should consider. You should know the cities in Colombia that accept cryptocurrency.

  • Bogotá: First of all, there is the beautiful city of Bogotá. In Bogotá you will find Banco de Bogotá, one of the first commercial banks in Bogotá that has allowed cryptocurrency transfers.
  • Cali: Next in line is the city of Cali, which is another famous city that does Bitcoin transactions. There are exchanges such as Etoro, Coinbase and many more, which have smoothed out crypto transactions in Cali.
  • Pereira: Pereira has also made a name for itself in the crypto market. There are several hotels and eateries scattered around Pereira that make use of crypto. This city is full of crypto ATMs, and there are booming businesses all over the city that have started accepting bitcoins.

Final thoughts

Colombia is booming in the cryptocurrency market, and your trip to this beautiful country will be more economical if you make better use of bitcoins. From simple payment options to fast cryptocurrency conversions, Colombia can offer you viable options.