Major U.S. cryptocurrency wallet and exchange Coinbase has entered the crypto gift card market, allowing customers in certain countries to exchange coins for brand e-certificates, according to their July 25 blog post.
"Starting today, Coinbase customers in the EU and Australia are able to instantly spend their cryptocurrency balances on e-gift cards, making us the first trading platform to offer direct withdrawals into e-gift cards."
The blog post notes that the new service will be initially be available in the UK, Spain, France, Italy, the Netherlands, and Australia, with plans to expand both the number of retailers and markets "Over the next three months, as well as looking to expand into other countries soon after."
While cryptocurrency acceptance among major brands remains decidedly low - travel booking giant Expedia quietly removed their Bitcoin payment option in June - other industries accepting crypto have met with positive responses.
The nonprofit Freedom of the Press Foundation received a 1,000 Ethereum donation the first day it added crypto payment options.
Coinbase Takes on Cryptocurrency Gift Cards With Limited Rollout
pubblicato su Jul 25, 2018
by Cointele | pubblicato su Coinage
Coinage
Notizie recenti
Vedi tutti
First Mover: What's Next for Bitcoin as Wall Street Gets Vaccine Booster
Bitcoin was higher for a second day, staying in a range of between roughly $15,200 and $15,600, as news of progress in developing a coronavirus vaccine appeared to touch off a rally in U.S. stocks.
Market Wrap: Bitcoin Fails to Break $15.9K; Over 50K ETH Staked on Eth 2.0 Contract
Bitcoin gained Wednesday while Ethereum 2.0 staking has been ramping up.
Citibank Analyst Says Bitcoin Could Pass $300K by December 2021
A senior analyst at U.S.-based financial giant Citibank has penned a report drawing on similarities between the 1970s gold market and bitcoin.
Blockchain Bites: Data Unions. Hard Forks. And One Citi Analyst's Case for $300K BTC.
A Citibank managing director thinks bitcoin could hit $318,000.