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PS5 Home - The Home of PS5 > Blog > General Gaming > The Relationship Between PS5 and Bitcoin
General Gaming

The Relationship Between PS5 and Bitcoin

PS5 Home
Last updated: 2022/09/05 at 9:43 PM
PS5 Home Published September 5, 2022
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One of the biggest industries in the world in today’s world is definitely the gaming one. There are millions of people worldwide who play games online on a daily basis. This isn’t too much of a surprise, given how far gaming has come over the years. When it was first introduced, gaming was still very much enjoyable. However, it was a very simple concept. The likes of Tetris and Pac-Man were the leading titles. However, since then, graphics, gameplay, and storylines have all come in leaps and bounds. Now, gaming is an incredible experience that anyone can appreciate.

Contents
PS5 Store PurchasesBuying a PS5 With BitcoinUsing Your PS5 to Trade Bitcoin 

Another industry that has become extremely popular over recent years is definitely the world of cryptocurrency. Thanks to the likes of Bitcoin, there are now people in every part of the globe who keep track of and trade their cryptocurrency. It was a quick rise in popularity for crypto, but it has since been on a steady trajectory of popularity, even despite some drops in value. So how do these two relate to each other? To make it more specific, it is good to look at the relationship between Bitcoin and PS5. Both are the leading options for their respective industries. So how do the two correlate?

PS5 Store Purchases

The PS5 store is one of the most exciting and unique online catalogs in the world. With constant updates and deals, people log onto the PS5 store on a daily basis. If you are someone who loves crypto and Bitcoin, there is a good chance you want to make your PlayStation purchase with your digital currency. However, there is currently no way to do this. PlayStation purchases must be made with a debit or credit card, which is bad news for Bitcoin investors.

Buying a PS5 With Bitcoin

Although you can’t make purchases on the PS store with your Bitcoin, this doesn’t mean the two can’t be used together in other ways. There are actual ways in which you can purchase a PS5 with Bitcoin. One of the easiest ways to do this is to use PayPal. Any online retailers that accept PayPal are going to be your friend. After all, PayPal supports Bitcoin purchases. This means that you can actually directly use your Bitcoin to make this great purchase. Just be sure to time it right when your Bitcoin is valuable. You can keep an eye on the fluctuation of Bitcoin value by checking out okx.com. Doing this will allow you to make the best decisions with your crypto. 

Using Your PS5 to Trade Bitcoin

Of course, one of the biggest elements of Bitcoin is trading. If you aren’t trading, then there is no way you are going to make any profit. So can you use your PS5 to trade Bitcoin? The short answer is no. There are no web browsers or crypto apps available on the PS5. This means that to trade your bitcoin, you are going to have to use the likes of a smartphone or laptop.

 

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PS5 Home September 5, 2022
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