First bitcoin gift card released in the U.S.

February 22, 2019
Darya Karatkevich

Introduced in 2008, cryptocurrency is still quite new. However, it is estimated that by now, 80 percent of the global population know about bitcoin and what it is. At the same time, less than 7% have ever purchased it. Such a big difference has occurred partly because of the relative complexity of the purchasing process for cryptocurrency, if you compare it with other investments.

bitcoin gift card

Bitcoin Solutions, Inc. in partnership with Chain Bytes, Inc. and Savvy launched first-ever Bitcoin Gift Card™, available for purchase in the United States. According to the official press release, it’s already available for purchase online, by visiting the company’s official website, as well as from other digital retailers. Bitcoin Gift Card™ is also expected to be sold in brick and mortar stores in the nearest future.

“Gift cards are a well-known access point for the average consumer and can make buying Bitcoin simple and painless,”

said Ed Gieske, CEO of Bitcoin Solutions, Inc.

The creators of the card anticipate being on the edge of the changing times, where traditional methods are already being used to involve non-technical users in bitcoin and cryptocurrencies, and help to spread mainstream adoption much faster.

Post written by Darya Karatkevich
Darya is a blockchain market observer with 5+ years of experience as an author and editor for major tech blogging platforms. Her fortes are blockchain technologies and solutions, cryptocurrencies and crypto-related regulations.

Related News

OL DEX is closing all activities April 25, 2020
USDT (ERC-20) Gateway Enabled April 17, 2020