Bitcoin is gradually integrating with traditional currency, as two recent innovations demonstrate.
Coinimal, a Vienna, Austria-based crypto broker, has launched a service to allow customers to use bitcoins for purchases on Amazon.de. Bitstamp, meanwhile, is making it easier to buy bitcoin with credit and debit cards.
Coinimal users can now receive an Amazon.de voucher code via email by paying for the voucher with bitcoins. The process takes one to three blockchain confirmations.
Buy Amazon Vouchers With Bitcoin
Users can redeem their Amazon.de voucher against purchases on the Amazon.de marketplace. Eric Demuth, Coinimal co-CEO, said it is now possible to buy anything on Amazon.de with bitcoin.
There are no fees on bitcoin transactions when purchasing Amazon vouchers. If a customer spends €100 in bitcoins, they receive the market price for their coins along with a €100 voucher.
Amazon.de is fully cooperating in the partnership, according to Paul Klanschek, Coinimal co-CEO. “This makes it incredibly fast and convenient to spend you bitcoins on Amazon.de,” he said.