Various merchants have jumped on board the Bitcoin bandwagon in the past few years, which at first, led to great success in terms of sales. However, it seems like Bitcoin purchases are becoming less and less frequent in numerous cases. Even gift card platform Gyft has seen a decline in Bitcoin revenue and a surprising uptrend in credit card transaction volume.
Blockchain technology allows us to accomplish many great things, and we have only just started to discover the tip of the iceberg of its full potential. As we discover these new use cases for the blockchain, our society can evolve towards a more digital form, which is a situation we have been in for some years now. Gyft.com, one of the leading fit card platforms, has involved blockchain-powered gift cards.
This article on where to spend Bitcoin is dedicated to our loyal readers in the United Kingdom, as interest in Bitcoin and other digital currencies is spreading like wildfire over there. While most people in the UK will have found several ways to spend their digital currency, Gift Off is a service that makes life so much easier in that regard.
Gift Off: A Brief Introduction
Gift Off is a service compared to Gyft.com, except that it only works for retailers based in the United Kingdom. And we are not talking about just retailers with an online presence here, as Gift Off offers a gift card that can be used at brick-and-mortar locations as well. With over 150 retailers to pick from, there is a little something for everyone who is involved with Bitcoin.
There are plenty of options to spend your Bitcoins, both in an online and offline fashion. The number of online retailers is vastly superior compared to the offline merchants, but both numbers are showing a healthy growth rate year over year. Have you ever wondered if you could spend your Bitcoins on gift cards? You sure can!
Gyft.com – Gift Cards Galore
Gyft is one of the biggest Bitcoin retailers when it comes to purchasing gift cards of all sorts. Contrary to popular belief, Gyft is not only accepting Bitcoin for their gift cards, as you can easily pay with Paypal/credit card/Google Buy as well. But the main goal of Gyft is to push Bitcoin awareness and adoption to new levels. In fact, Gyft.com was one of the very first online merchants to accept Bitcoin payments!
For our first alt coin Crypto article of the day, I want to remind all of our loyal readers about the increasing discount through the NobleCoin Marketplace. You might recall me mentioning the discount would increase daily? Well, it has!
The current discount for purchasing gift cards on the NobleCoin Marketplace, and paying in NobleCoin of course, is at 15%. It has been 3 days since we announced the discounts would increase from 12% upwards, and they steadily have.