Cryptocurrencies are no longer exclusively for nerds who want to gamble with bitcoin or buy contraband on the darknet markets. Bitcoin and other cryptocurrencies like Litecoin and Ethereum are going mainstream as more and more shoppers are using the cryptocurrencies to get discounts at major brands like Starbucks, BestBuy, Sears, Amazon and Walmart. It has also never been easier to acquire cryptocurrencies. The popular Square Cash App that is the No. 1 Finance app in the U.S. iTunes App Store now allows you to purchase bitcoin in seconds with your credit card. You can also buy bitcoin directly from the thousands of bitcoin ATM machines that are springing up in every major town and city on the planet. Here are our top 3 recommendations for saving money when you shop with bitcoin.
eGIFTER - 2% DISCOUNT WHEN YOU BUY WITH BITCOIN
eGifter is a popular gift card site that allows you to purchase gift cards from over 200 retailers, including Whole Foods, Domino’s, Lowe’s, Walmart, Ebay and Best Buy. They also offer an iPhone and Android app that allows you to easily manage all your gift cards from your smartphone or you can opt to have your gift cards delivered via email. There are zero fee when you buy gift cards from eGifter using bitcoin and you also earn 2 points for every dollar you spend as part of their reward program. These 2 points translate to a 2% saving on all future purchases.
FOLDAPP.COM - INSTANT 20% DISCOUNT ON STARBUCKS PURCHASES
We all spend way too much on our favourite caffeinated beverages so any discount on our daily frappuccino and latte purchases can translate into big savings. Many people receive Starbucks gift cards as presents when they would rather receive cash so Fold App buys these unwanted Starbucks gift cards at a discount and then resells them to you at a 20% discount. For example, when you load a $10 Starbucks gift card onto your phone using the Fold App, you only pay $8 in bitcoin so you are saving 20%. The Fold App currently works in the United States, Australia, Canada, Ireland, Hong Kong, Spain and the United Kingdom.
PURSE.IO - SAVE FROM 5% - 15% on AMAZON PURCHASES
Purse purchase unwanted Amazon gift cards at a heavy discount and then pass on some of that discount to you, which means you can make big savings on all your online purchases at Amazon. Purse is currently available in the USA, Canada, Japan and the United Kingdom.