How to

How to buy cryptocurrency gift cards using Coinsbee

Key facts:
  • Pay with more than 50 different cryptocurrencies.

  • No registration required, just buy and use.

Coinsbee is a platform where you can buy gift cards for more than 500 cryptocurrency brands, including Amazon, Netflix, Steam and many more. This, without the need to register and very quickly.

Gift cards (Gift Cards) or balance cards, as you may also find them, are coupons that you exchange for balance on, for example, Google Play, Apple Store, Amazon or any other. This allows you to shop on platforms that do not accept crypto assets as a form of payment.

Visa, Mastercard and American Express prepaid debit cards that you buy/top up with cryptocurrencies are also available on Coinsbee.

Cryptocurrencies available on Coinsbee

Cryptocurrencies available on Coinsbee. Source: Coinsbee.

There are over 50 cryptocurrency options to buy gift cards or top up your phone Coinsbee: Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Bitcoins Cash (BCH), among others. Additionally, you can make instant payments with BTC and LTC through its Lightning network.

Find your gift card on Coinsbee

You don’t need to register to buy at Coinsbee. So let’s go straight to finding the gift card you need from more than 500 brands available.

Main entrance to Coinsbee. Source: Coinsbee.

Once inside Coinsbee, you can search for the gift card of your choice by locating the Buy Gift Cards button at the top.

Some of the cards are available on Coinsbee. Source: Coinsbee.

Gift cards are divided by regions (countries) and into four major categories: e-commerce, games and payment cards (virtual credit card).

When choosing a card, the first thing you need to consider is the local currency you will be paying with. For example, if you are looking for a Netflix card for Spain, you must select European Union as a region, as billing is in Euros. For example, if you buy a United States (dollar) card, you won’t be able to use it on Netflix in Spain.

Some gift cards are not available in all regions, so you should check before buying.

Coinsbee shopping cart. Source: Coinsbee.

When you enter the card you want to buy, you can select the desired balance from the Select Value option. The quantities are already predefined. They range from $5 to more than $1,000 and vary depending on the card you choose. In some it may be a single amount.

Before we move forward, an important aspect to keep in mind when choosing a gift card balance is that depending on the amount to be purchased, not all cryptocurrencies may be available. That’s because CoinGate, Coinsbee’s cryptocurrency payment provider, limits payment amounts for some cryptocurrencies to at least 0.005 BTC according to the market change. This is only in some cases.

Now, with this clarified, you can send the card to cart from the Add to Cart option.

Complete your order

You already have tickets ready in your basket; It’s time to pay. Select the Shopping Cart option in the top menu.

Coinsbee shopping cart. Source: Coinsbee.

After confirming that all information is correct, especially the purchase quantity and the amount, you must enter the email address to which the card code or download link will be sent.

After that you have to click on Continue to checkout.

The cryptocurrency payment prices you see shown in the previous image are approximate. You will see the actual amount expressed at the time the payment invoice is issued.

Bitcoin is always available no matter how much you buy within Coinsbee. Source: CoinGate.

In the next step, you will need to read the terms and conditions and the agreement shown at the bottom. If you agree with everything, check the appropriate boxes and click Buy Now with Cryptocurrencies.

Payment address generated in CoinGate. Source: CoinGate.

We are now on CoinGate. The next thing is to choose the cryptocurrency you want to pay with.

If in your case you want to pay with Lightning, either Bitcoin or Litecoin, you need to check the small switch under the corresponding cryptocurrency.

Likewise, in the More currencies option, you can see other available cryptocurrencies. The list may be incomplete if the amounts are small.

After choosing a cryptocurrency, you need to enter your email again to select the Pay with option.

This is an invoice for payment, with a destination address. In it you have the address of the cryptocurrency, in this case Bitcoin, with its abstraction in a QR code, for convenience in case you want to scan it.

What comes next is payment. But keep this in mind: above there is a timer which is your payment window. This is the time when you must send the funds to the address.

Remember to send the exact amount shown on the payment invoice.

When sending, in the case of Bitcoin, you will have to wait for the transaction to receive 1 confirmation within the network, which varies by currency. This confirmation may be outside the payment period. It is important that you send the funds before the payment deadline.

At this point, with the payment made and the invoice in Confirmation status, you can close the window. Once your payment is confirmed, you will receive a code or link for your card via email, ready to use.

Prepaid Credit Cards with Cryptocurrencies on Coinsbee

Vanilla Visa card available on Coinsbee. Source: Coinsbee.

One of the interesting products you can get on Coinsbee are Visa, Mastercard and American Express prepaid credit cards. They work like a virtual credit card and you can buy them with cryptocurrencies through Coinsbee.

You can use the cards anywhere that accepts prepaid credit cards of these brands.

However, it should be noted that generally these cards only work for products that are paid for in US dollars and are directed to the US territory. In some cases, it is necessary to use the card to provide the correct address and phone number in the United States.

To open an exchange link for Coinsbee Visa and Mastercard cards, you must be outside of the United States. In the case of Vanilla card (Visa) and AmEx (American Express) you must be within the United States.

Despite the above, Coinsbee indicates that it is possible to redeem the card using a VPN. You can see this below in the description of the product delivery method.

Some cards require a US address and number. Source: Coinsbee.

If you want to buy this card, the process is exactly the same as we explained previously.

Trade restrictions

There is no defined trading limit with Coinsbee. However, there are limits to how much you can buy without registering. For example:

  • If your purchase is greater than EUR 1,000, you must register on the platform.
  • If daily trading from your account exceeds EUR 10,000, you must undergo verification through an identity document, be it an ID card, passport or license.
  • If the daily trading amount exceeds 15,000 euros, it will be necessary to verify an identity document and a document proving the address of residence.

Verifications last a maximum of 24 hours.

The price in fiat currency is fixed and no additional commissions are charged. Source: Coinsbee.

Commissions in Coinsbee

Commissions at Coinsbee are unique and directly reflected when you know how much you will pay for a gift card.

Above the Add to cart button, you can see the total amount to pay, after selecting the card amount.

The fixed amount to be paid is denominated in fiat currency, be it euros or dollars. The amount in cryptocurrencies is approximate and may change at the time of invoice generation, as the total amount is charged in fiat currency at the market rate for the selected crypto asset.

Conclusions

The ease of use and number of tickets available is what ultimately makes Coinsbee attractive. And we are talking about 500 different brands, which you can pay with 50 different cryptocurrencies. Awesome!

The useful thing about Coinsbee is the usability it gives to your cryptocurrencies, even more so if you are a user who has crypto-monetized your economy and depends a lot on them. You can make your purchases safely online, in places you’d never imagine would accept bitcoins or cryptocurrencies. That, added to this, along with the ability to use prepaid credit cards, increases the range of options.

On the other hand, it could be said that you can’t always pay with 50 different cryptocurrencies, because it depends on the amount. You can also mention the detail that the balance on the cards is already defined in advance, which limits the user a bit.

In conclusion, Coinsbee is an excellent platform that allows you to make better use of your cryptocurrencies to purchase products on non-cryptocurrency-enabled portals.

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