Swiss department stores and marts launch bitcoin gift certificates one after another
Switzerland’s largest department store chain Manor and hypermarket chain Valora have launched Bitcoin gift cards. It plans to provide support for the general public to conveniently access cryptocurrency.
On March 9, 2021 (hereafter local time), Cointelegraph cited the Swiss daily newspaper Takes Anzaiger and reported that large retailers such as Mano and Valorra launched Bitcoin gift cards.
Swiss department store Mano currently sells Bitcoin gift cards at 59 branches. The hypermarket, Valorado, will start selling bitcoin gift certificates at kiosks nationwide from April 1.
The Bitcoin gift certificate, launched under the name’Cryptonau’, was launched by Värdex Suisse, a subsidiary of Bitcoin Suisse AG, a cryptocurrency service provider. This is the first gift card with bitcoin, unlike existing bitcoin cards that only offered cryptocurrency transactions.
Cryptonow gift certificates are sold in three prices, ranging from 100 to 500 francs (approximately $107 to $535). Bitcoin gift certificates and gift cards can be cashed in bitcoins through exchanges or ATMs operated by Vürdex.
As department stores and marts sell bitcoin vouchers, it is expected that the general public’s purchase of bitcoin will become easier.
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Bitcoin gift card launched in Korea… ‘OK bit card’
Bitcoin gift cards have also been launched in Korea. In December 2014, Coinplug, a blockchain technology company, launched the bitcoin prepaid card’OK Bitcard’.
OKBitcard is a prepaid gift card that can be conveniently used at all bitcoin merchants around the world. The types of cards are 10,000 won, 30,000 won, and 50,000 won.
Following the launch of the Bitcoin Gift Card, Coinplug made it possible to purchase Bitcoin Gift Cards with credit cards at more than 7,000 banks’ common ATMs nationwide.
When the card is purchased at a convenience store and then charged with cash, it is linked with the coin plug to receive the amount of KRW and purchase bitcoin.
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