How To Pay With Cryptocurrency On Amazon
Amazon doesn’t accept Bitcoin or other cryptocurrency directly, but that shouldn’t stop you from using your holdings to buy things from the retailer of record. Unfortunately, there are some hurdles to paying Amazon with crypto. This usually involves converting your crypto to fiat currency before using it for the purchase with a virtual or plastic debit card. Another popular option is to fund Amazon gift cards using Bitcoin, Cardano, Ethereum, Litecoin, or whatever other cryptocurrency you own. We can hope that someday soon the retail behemoth will wake up and join the new decentralized economy. Until then, we’re here to help you navigate the waters of paying for those Amazon deals with your mounting (or dwindling) cryptocurrency reserves. Browse the options below to see which best suits your Amazon buying needs. BitPay offers a payment app and a debit card that you can fund with your cryptocurrency-including not only Bitcoin, but also Dai, Dogecoin, Ethereum, USD Coin, Deals and XRP. The app is available for Android, iOS, and Windows 10. It also serves as a cryptocurrency wallet, which gives it the advantage over an online exchange like Coinbase.
This post has been done by GSA Content Generator DEMO !
A major one is that your account assets stay on your local device, so you can’t lose them if someone hacks the online service that holds your crypto. That said, it’s a cinch to connect your Coinbase account to BitPay to fund the local wallet. Alternatively, you can buy crypto directly in BitPay with a credit or debit card. The Amazon gift card option is prominently displayed on the app’s home page and I purchased one without incurring a fee. There’s even a Redeem Now option that takes you right to the Amazon website and automatically applies the gift card code to your balance. Bitrefill claims that it "allow(s) anyone to live on cryptocurrency more easily." Like some of the other options here, it lets you buy gift cards with your cryptocurrency. Buying an Amazon gift card using Bitrefill earns you a 1% reward in your account. You can fund the card with Bitcoin, Dash, Dogecoin, sneakers Ethereum, Litecoin, or Tether, using the standard QR scanning or address entry for your wallet.
There’s also an option to link a Coinbase account, though you may prefer to keep that separate for security. Paying Amazon with Bitrefill is not as streamlined a process as with BitPay or Purse, though you can copy the gift code with a click and head over to Amazon armed with that. Blockcard offers a Visa debit card that you can fund with your cryptocurrency. You can fund your account with BAT, Bitcoin, Bitcoin Cash, Dai, Ethereum, Litecoin, Stellar Lumen, Tether, USD Coin, or Uniswap. You get a choice of virtual or plastic cards, and, soon, metal cards. The virtual one is free, but you need to deposit $10 to get the plastic one. Blockcard charges no transaction fees either for deposits or conversions, but there are fees(Opens in a new window) for some things, such as PIN or ACH transactions ($1) and ATM withdrawals ($3). Once you’ve got your funded card, simply use it on Amazon as you would any other debit card.
Blockcard automatically converts the cryptocurrency using its Ternio (TERN) crypto. The Cash App (which comes from the people that make Square payment processors) lets you easily purchase Bitcoin; but unfortunately, it doesn’t support any other cryptocurrencies yet. You can even earn Bitcoin on Cash Card purchases. For example, one promotion was for a 5% bonus in Bitcoin if you buy groceries with the card. To send or receive Bitcoin on the standard blockchain, you need to verify your identity with a driver’s license and selfie. One you’ve earned a pile of Bitcoin in the Cash App, you can choose Sell, which dumps the amount you specify into your Cash App balance. After that, to buy something on Amazon, you just use the debit card info on the shopping site. In the app, you have to hit the three-dot overflow menu and enable Show Cash Card Info and type in your PIN to see the number, expiration date, and CVV number.
