Would you like to buy a gift for your loved ones, or treat yourself after a moon mission of your portfolio? With Bitrefill you can buy more than hundreds of gift cards and live straight off crypto.
Table of Contents
What is Bitrefill?
Bitrefill is a voucher platform that allows its users to purchase everyday items with cryptocurrency. The company provides gift vouchers and phone refills that are legitimate and instantly redeemable on the supported platforms.
The website was founded in 2014 by Michael Grünberger, Michel Gustavsson and Sergej Kotliar. Litecoin developer Charlie Lee also noticed the potential and was one of the early investors in the seed round of the project.
What services does Bitrefill provide?
Bitrefill offers several services including gift cards, phone refills and loyalty rewards.
Gift Cards
On Bitrefill you can choose from a variety of services that allow you to shop, travel or access entertainment sites just in a few clicks. Bitrefill will recognize what location you are currently in and will adjust its offer of gift cards accordingly. When using a VPN, it is best to check that you are purchasing the right gift cards.
After choosing a certain product you will be asked for how much you want to buy a gift card. If this is your first time, it is best to select a small amount or an amount you feel comfortable with. Proceed to select the cryptocurrency you would like to pay with.
Next, fill in a valid email address, where you would like to receive the voucher. This step is skipped if you have a Bitrefill account.
Finally, a QR code will appear to which you will have to send the funds.
Depending on the transaction time of the chosen cryptocurrency, it will take some time before Bitrefill notices the payment. When the payment is fully completed, the gift card code will be visible and sent via email.
Phone Refills
Bitrefill offers the possibility to refill phone credit with crypto. The payment will be done in the same way as gift cards. You can enter your phone number and Bitrefill will search for your provider and makes a refill proposal. This works only for prepaid phones.
The refill codes are delivered to the entered email address as soon as the payment has been processed.
Bitrefill Rewards
Bitrefill Rewards is a program that aims to reward loyal Bitrefill customers. Users will receive a minimum of 1% back per purchase. On some products, rewards will be higher, sometimes up to 6%.
Rewards come in the form of Bitcoin and cannot be withdrawn and can only be used to purchase products on Bitrefill.
What cryptocurrencies can be used to pay on Bitrefill?
What are the transaction fees on Bitrefill?
Bitrefill charges a service fee of approximately 2 – 3%. This will depend on the selected purchase amount and the retailer one wishes to buy from. Of course, this does not include network costs or mining fees. These will vary with each different cryptocurrency.
It is recommended to make payments with cryptocurrencies that have low network fees, such as Dogecoin.
What are buying limits on Bitrefill?
This will vary from the products you want to purchase and your browser location.
- Amazon has limit of €2000
- Zalando has limit of €1000
- Deliveroo has limit of €50
Where to find Bitrefill on Social Media?
Conclusion
Bitrefill is a platform that offers users who wish to pay with cryptocurrency access to legitimate and spendable gift cards.
Payments are possible with a selected group of cryptocurrencies including Bitcoin, Ethereum and Dogecoin. It can be an alternative way of taking profit!
Do you have any experience with Bitrefill? Or would you like to surprise someone from the YourcryptoLibrary team with a gift card? We’d love to hear from you in our telegram group.