Not many people know what to do with cryptocurrencies once they get them. But now, more and more crypto owners start using cryptocurrencies to buy gift cards as it is becoming a very popular and flexible option.
It’s not just because it allows making purchases from places that don’t usually accept crypto payments. In general, gift cards can be useful in several different ways, and spending cryptocurrencies instead of fiat just adds more benefits to it.
Why Crypto gift cards are getting so popular?
Gift cards to transfer value globally
If you’re one of those people that send money to relatives abroad and spend lots of cash just to achieve it, sending gift cards instead can be a better option for you and your family.
The reason why is because this way, there are no bank money transfer businesses involved in the process. Instead, gift cards can be purchased with Bitcoin and other cryptocurrencies and sent directly to any email address.
Knowing there are hundreds of gift cards to choose from, including most popular brands that sell everything (e.g., Amazon, eBay), it shouldn’t be challenging to make them count.
Gift card purchases with crypto are more private
If you value your privacy, there’s another great thing to know about spending crypto on gift cards – you retain much more anonymity than when using other types of payment channels.
First off, you don’t need to provide your ID when buying gift cards, at least if you’re not spending tens of thousands of dollars on them. All you really need is an email address to receive them.
Moreover, if you pay with cryptos such as Bitcoin or Litecoin, there’s no way to tell who is behind the payee address as such a payment leaves no trail of customers’ private or sensitive information.
The ultimate convenience
Not only we constantly add new gift cards and support more than 50+ cryptocurrencies, we also try to make the shopping experience for our customers as pleasant as possible:
⚡ Customer can pay via Lighting Network
By using the Lightning Network option, shoppers can lower network fees and the transaction will be processed quicker than ever
🎁 Send Gift to your friends or family
Shoppers can make presents out of their gift cards by attaching a nice message and sending it over to someone else’s email.
🤑 Discounts and cashback
Earn cash back for your purchases made with cryptocurrencies.
📧 Instant Email Receival
Receive your gift card in your email as soon as you purchase it.
All gift cards on CoinGate website are available to buy with 15 Crypto tokens BTC, LTC, ETH, BCH, XRP, NANO, TRX, DAI, DOGE, USDT, BTT, AVA, BTCV, BUSD, SHIB.
If you want to know more, here’s a tutorial on how to buy gift cards with Bitcoin on CoinGate.
Some other thoughts for a blog posts
Main value points of CoinGate Gift cards are:
The main value points of getting gift cards with crypto are:
Reap value from trading by shopping with crypto and save money for exchange to fiat.
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