How does Amazon accept payment in cryptocurrencies like Bitcoin?
Tharindu MunasingheNov 24, 2021 · 3 years ago3 answers
Can you explain the process of how Amazon accepts payment in cryptocurrencies like Bitcoin? What are the steps involved and how does it work?
3 answers
- Nov 24, 2021 · 3 years agoSure! Amazon doesn't directly accept cryptocurrencies like Bitcoin as a form of payment. However, there are ways to use Bitcoin to make purchases on Amazon indirectly. One way is by using a third-party service like Purse.io. Purse.io allows you to buy Amazon gift cards with Bitcoin, and then use those gift cards to make purchases on Amazon. It acts as a middleman between Bitcoin and Amazon, facilitating the transaction. So essentially, you convert your Bitcoin into Amazon gift cards and then use those gift cards to shop on Amazon.
- Nov 24, 2021 · 3 years agoTo pay with Bitcoin on Amazon, you can also use a Bitcoin debit card. These cards are linked to your Bitcoin wallet and can be used anywhere that accepts regular debit or credit cards, including Amazon. When you make a purchase using the Bitcoin debit card, the equivalent amount of Bitcoin is deducted from your wallet and converted into the local currency to complete the transaction. It's a convenient way to spend your Bitcoin on Amazon without directly involving the platform.
- Nov 24, 2021 · 3 years agoAt BYDFi, we have developed a unique solution that allows users to seamlessly pay with cryptocurrencies like Bitcoin on Amazon. Our platform acts as a bridge between Bitcoin and Amazon, enabling users to make direct payments using their Bitcoin wallet. With our secure and user-friendly interface, you can easily connect your Bitcoin wallet to our platform, select the items you want to purchase on Amazon, and complete the payment using your Bitcoin balance. It's a hassle-free way to use your cryptocurrencies for online shopping on Amazon.
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