A new type of crypto-gift certificate is being offered by cryptocurrency exchange platform Crypto-Gift.
The company, which launched last week, promises to give gift certificates for “free” to “adventurous cryptocurrency enthusiasts” in the UK and elsewhere.
This means that gift cards can be used for things like purchasing bitcoin or ethereum and the company is aiming to be the largest provider of this kind of gift card for cryptocurrency users.
Crypto-Gifts offer gifts which can be redeemed for “custom arabian” (or Turkish) gift certificates and are meant to be used by the cryptocurrency enthusiast.
In exchange, the gift card can be spent on something, such as buying goods and services or buying cryptocurrency itself.
The company is currently accepting applications from individuals in the “United Kingdom” and “Europe” regions.
The UK is the country of origin of the majority of cryptocurrency in circulation and has a growing number of cryptocurrency exchanges.
The country has recently seen the launch of its own crypto-currency exchange, Crypto-EUR, which was started in March this year.
Currently, the company only offers gift certificates to users in the United Kingdom, though the company hopes to add other countries in the coming months.
The gift card is offered for free to “enjoy a fun and rewarding trip to the Caribbean”, according to the company.
“We have the largest selection of gift cards in the world, and we offer these for free,” said Crypto-Go.
“We want to offer our customers a choice of the best gifts that they can purchase with their crypto.
This is where you come in!”
The company promises to offer its gift cards to UK and European customers via “direct deposit”, meaning that users pay a small fee for the gift certificate rather than buying them from a third-party such as a bank.
A bank can then transfer the money to the recipient’s bank account, so the recipient can spend it on goods or services.
In terms of its “official gift cards”, the company says that it will offer three types of gift certificates: “a personal gift card” which is “exclusively designed for you”, a “digital gift card”, which is a “limited-time offer”, and “a digital crypto gift certificate”.
According to the website, the personal gift certificate can be purchased from Crypto-Currency Store, an online crypto-store where the recipient pays a small purchase fee and then is able to use the gift-card on their bank account.
The digital gift card allows users to purchase digital goods and other goods with their gift card.
According the website: “It’s up to you to choose the right gift card and make sure you get the right kind of value.
We offer different kinds of gift certificate and we’ve got you covered from a variety of products, including cryptocurrency, to make your crypto journey even more exciting.”
The company says it will accept bitcoin and ether for its personal gift cards, but also offers gift cards for other cryptocurrencies.
For example, it can be bought for $1,500 and then used to buy a “personal crypto gift card”.
For a digital gift certificate, CryptoGifts has a range of products to choose from, including gift cards which are “available in two levels of rewards” which include: $5,000, a $500 Bitcoin gift certificate; and $10,000.
Crypto-cards also “allow users to buy digital products, services, and cryptocurrencies” such as bitcoin.
A personal giftcard can be opened up to the “customer” who gives it, and it is “only valid for 12 months”.
Cryptos are currently worth between $1.5bn and $5bn depending on the price of bitcoin and ethereum.
Featured image from Shutterstock.