Crypto gift card – The latest harvest of Coinbase and WeGift partnership
Amidst the several crypto upheavals all across the globe, pops up stories that give the global crypto community hope that cryptocurrencies are here to stay and not fade away. One such head turning event is the Coinbase partnership with WeGift. The collaboration will permit European customers to have digital gift cards from more than 120 retailers in exchange of their crypto coins.
Coinbase customers will be able to enjoy the benefits quite soon.
Countries that will be able to avail the crypto gift cards
Bloomberg specified that this provision will be provided by retailers from the UK, Spain, France, Italy, the Netherlands and Australia. The list of countries where the provision can be availed will supposedly only get longer with time as Coinbase has plans to include more countries.
— Bloomberg Crypto (@crypto) July 25, 2018
As reported by Bloomberg, Coinbase said: “Whether it’s converting Bitcoin into Uber credits or Ethereum into an ASOS e-gift card, customers will have greater flexibility and control over how they use their crypto.”
“With the launch of e-gift cards, customers have a new option to spend their crypto balances, realizing its value to buy tangible things or experiences”.
WeGift offers its customers to choose from a host of retailers like Uber, Nike, Decathalon, New Look, Costa, etc. So, it is highly possible that after the collaboration, Coinbase customers might be able to avail these leading brands also.
Image via Shutterstock
Join our Telegram group