Crypto Meets Commerce: Coinsbee’s Art of Turning Crypto into Gift Card

• Coinsbee lets you spend crypto on gift cards for popular products and services from big brands worldwide.

• Coinsbee is secure transparent, and aims to expand, offering a convenient way to use digital assets in everyday life.

Coinsbee, a company headquartered in Germany, was first introduced in September 2019. After its initial launch, Coinsbee consistently improved its platform, adding support for various languages, revamping its online store, and enabling prepaid mobile phone plan top-ups.

The platform presents an eloquent solution: converting digital currency into tangible value through gift cards and prepaid credit cards. This proposition resonates with an expanding user base, aiming to bridge the gap between their cryptocurrency holdings and real-world purchases.

Wide Array of Services

Coinsbee offers a unique proposition in cryptocurrency – the ability to spend digital assets on real-life goods and services through gift cards and prepaid credit cards. Users can choose from over 2,500 regional and global e-commerce platforms, brands, and retailers, including big names like Amazon, Netflix, Steam, and Uber, among many others.

The concept is simple: gift cards act as prepaid vouchers, loaded with a specific amount, serving as an alternative to cash for transactions with specific retailers. This allows crypto users to seamlessly utilize their holdings without converting to fiat currencies. Beyond gift cards, Coinsbee also provides prepaid credit cards from well-known providers like Visa, PayPal, American Express, and Mastercard.

Additionally, users can conveniently top-up their mobile phone plans from over 440 providers and access various game vouchers.

Extensive Cryptocurrency Support

Diversity in supported digital currencies sets a platform apart in the competitive crypto-sphere. As of March 2023, Coinsbee’s repertoire includes 174 cryptocurrencies. This comprehensive list, which saw an increase from 79 in October 2021, encompasses industry leaders like Bitcoin and Ethereum, ensuring users are not restricted by choice. 

This extensive list includes, 

• Bitcoin (BTC)
• Ethereum (ETH)
• Litecoin (LTC)
• Tether (USDT)
• USD Coin (USDC)
• Tron (TRX)
• Ripple (XRP)
• Dogecoin (DOGE)
• Binance Coin (BNB)
• Bitcoin Cash (BCH)
• Cardano (ADA)
• Solana (SOL)
• Monero (XMR)
• Nano (XNO)
• Stellar (XLM)
• Shiba Inu (SHIB)
• Toncoin (TON)
• Cosmos (ATOM)
• Algorand (ALGO)
•  Polkadot (DOT)
• EOS
• Tezos (XTZ)
• Zilliqa (ZIL)
• Polygon (MATIC), among others.

The availability of such a broad spectrum of cryptocurrencies sets Coinsbee apart in the market, allowing users to transact with their preferred digital assets.

Seamless Purchase Process

Coinsbee ensures a straightforward and hassle-free purchase process. To get started, users can create an account on the platform, providing basic details such as name, password, address, and country of residence. While registration brings certain benefits like order history and tailored offers, it’s not mandatory for single orders below €1,000 or a total of €10,000. Above these limits, users must register and undergo a Know Your Customer (KYC) check.

Once registered, users can select their desired product or service, ensuring it’s available in their region. The next step involves choosing the gift card amount, country, and cryptocurrency for payment from the extensive list of supported coins. Users can proceed to checkout after adding the chosen items to their cart, agreeing to Coinsbee’s terms and conditions. Upon confirming the purchase, users receive a gift card code within 20 minutes, allowing immediate use. For some products, Coinsbee sends a link to the gift card code.

Lightning Network Integration

Coinsbee stands out by integrating Lightning Network support into its platform, allowing for lightning-fast Bitcoin transactions at minimal costs. During checkout, users can select Lightning Network as a payment option and receive instructions for completing the payment. This feature distinguishes Coinsbee from its competitors, offering a seamless and efficient user experience.

A Comprehensive Cryptocurrency Payment Solution

Coinsbee stands as a one-stop solution for all cryptocurrency payment needs. With the platform, users can use their digital assets to purchase gift cards, vouchers, and prepaid credit cards from over 500 e-commerce platforms. This eliminates the need for time-consuming and costly cryptocurrency-to-fiat conversions. Users can purchase on their favorite e-commerce platforms without concern about exchange rates or transaction fees.

Secure and Transparent Payment System

Complexity often deters potential users, especially when navigating the relatively novel domain of cryptocurrencies. Coinsbee addresses this by presenting a streamlined purchase process. The platform values user autonomy, highlighting that available registration is not mandatory for transactions below a set value.

However, simplification does not imply lax security. Coinsbee underscores its commitment to user safety through multiple features. Two-factor authentication ensures an added layer of protection during logins and transactions. Secure Socket Layer (SSL) encryption, a standard security technology, guarantees that data passed between the web server and browsers remain integral and private. Additionally, including cold storage methods for cryptocurrency wallets emphasizes a holistic approach to user data and asset protection.

Global Expansion and Accessibility

A platform’s sustainability and growth potential often lie in its expansion strategies. Coinsbee showcases global ambitions. Actively penetrating new markets and tirelessly forging new alliances, the platform ensures its offerings remain relevant and extensive. The platform is actively expanding into new markets worldwide. In addition to supporting over 500 e-commerce platforms, Coinsbee is continually working on forming new partnerships and integrations. 

This makes the platform more accessible and user-friendly. Furthermore, Coinsbee aims to broaden its support for additional cryptocurrencies and payment methods, ensuring users can access its platform anywhere. The continuous endeavor to encompass more digital currencies further solidifies Coinsbee’s position as a comprehensive cryptocurrency transaction platform.

Is Coinsbee trustworthy?

The digital space is rife with platforms, and trustworthiness becomes paramount. On this front, Coinsbee stands strong. ScamDetector, a platform dedicated to ascertaining the legitimacy of online platforms, gives Coinsbee a commendable rating of 80/100. Trustpilot, a community-driven review site, mirrors this sentiment, attributing a 4.5-star rating based on 255 reviews.

Final Thoughts

In the rapidly evolving landscape of cryptocurrencies, platforms like Coinsbee emerge as essential tools, bridging the divide between digital assets and real-world utility. Through its extensive partnerships, robust crypto support, and unwavering focus on user experience, Coinsbee has carved a niche in the crypto ecosystem.

For cryptocurrency enthusiasts looking to harness their digital assets for tangible purchases, Coinsbee is undoubtedly a platform worth considering.

As digital currencies continue to weave into mainstream financial narratives, platforms like Coinsbee are vital. Coinsbee is not just a platform but a harbinger of the future of digital transactions.

Find out more: 

Website: www.coinsbee.com

Twitter: Twitter.com/coinsbee

Rddit:  www.reddit.com/user/coinsbee_com

Telegram: t.me/coinsbee

Facebook: www.facebook.com

Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.