With each passing day, Bitcoin (BTC) increases in value. It just broke above $3,000 and it seems to be continuing its uptrend. I have been looking at how Bitcoins can be spent, without having to make a change to FIAT currency and then make a transfer to a bank (with the consequent expenses in fees and charges), and in a more private and secure way, and I have come across Bitrefill.
What is Bitrefill?
Bitrefill is a platform that allows us to exchange our Bitcoins, Litecoins or Ethereum in gift cards that can be used in multiple platforms, such as Amazon, PlayStation, Apple ..., and so on up to more than 1600 services in more than 170 countries.
Bitrefill uses Bitcoin and the Lightning network to offer its users a private and secure way of providing a fast digital service, the user simply needs an email account to be sent receipts, coupons ...
Therefore, if we only need an email, our privacy is ensured by not needing to enter more personal data.
Have an account at Bitrefill
You do not need to register with Bitrefill to use their services. However, having an account at Bitrefill has certain advantages:
- Have your own balance to access any of the products offered without having to pay transaction fees or wait for payment confirmation.
- Have access to the order list.
- Participate in loyalty programs.
- Secure the account using Double Factor Authentication.
- Request refunds.
- Increase purchase limits.
Do I need a Bitrefill account?
They do not ask you to create an account to buy, but they do provide this option. Registering a Bitrefill account allows you to maintain a balance, which can be used to purchase any of our offered products or services without having to pay blockchain transaction fees and without having to wait for payment confirmation. This is a great option for repeat customers who want to save on fees by making frequent purchases.
How to request a gift card?
Requesting a gift card is as simple as selecting the card we want to obtain, the payment method and making the payment with our electronic wallet. We will receive the PIN of the gift card in our mail.
As we have seen previously, cards are offered that can be used in more than 170 countries, but it is possible that not all services are in all countries, so it is advisable to make sure of the country and that the card is offered for that country.
Other services
Bitrefill also allows you to recharge prepaid mobile phones with our cryptocurrencies.
Conclusions
Bitrefill is a good service to be able to spend our cryptocurrencies (Bitcoin, Litecoin and Ethereum) in a private and secure way, without the need to go through a bank, and pay different fees.
Thanks for reading!
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Posted Using LeoFinance Beta