Using Cryptocurrency On Amazon

It is simple for beginners to go to cryptocurrency exchange websites and exchange cash for the desired cryptocurrency. The payment methods used are simple including the most widely used Paypal.

Once your account is set up, you can start buying cryptocurrency on the exchange. Most exchanges are just like stock-trading platforms: you can buy and hold your cryptocurrency, or you can exchange it for another cryptocurrency.

Some of the most extensively reliable websites to trade in cryptocurrency are Coinbase, Coinmama, CEX.io, Bitstamp and many more.

 

How to spend your Cryptocurrency on Amazon?

 

You cannot buy directly from Amazon using your bitcoin cash. So you need a middleman. A middleman here is, for instance, is Purse.io that would introduce you to the thousands of users who would accept bitcoins in exchange for their hard cash. But, they wouldn’t be paying you directly and neither would you. They would buy your product from Amazon and send it to your mentioned address and in exchange will be rewarded with a similar amount of cryptocurrency in their crypto wallets.

Here is another very well known way is to purchase a gift card from Amazon for the desired amount. You need to enter the gift card amount and you will be given a bitcoin price to pay. Now you need to go to Amazon, choose your item and add it to your cart. After you are finished packing your cart, go to checkout and enter your delivery address. When you are redirected to payment methods, choose to pay using Amazon Gift Card. Here you enter the Amazon gift card you purchased earlier using your cryptocurrency. These are some of the profoundly used ways to spend your cryptocurrency on Amazon.

 

Reversing the process?

 

There’s also another side to Purse.io. You could also earn bitcoins by doing what other users are doing for you. It means you could be listed as a “Shopper” and shop from Amazon for other users using your hard cash and receives bitcoins for that.

This is one of the many ways to obtain some cryptocurrency in your wallet.

 

Conclusion

 

Using cryptocurrency at Amazon is not as easy as ordering delicious Spanish Tapas  because of the fluctuating prices of the currency and the user is difficult to cope up with it. But, these were some above-mentioned ways by which you could get yourself to spend your cryptocurrency on Amazon.