CardCash.com now lets users buy discounted gift cards using bitcoin, with BitPay handling the transactions. The company describes itself as the web's largest secondary gift card marketplace. It buys a
CardCash.com now lets users buy discounted gift cards using bitcoin, with BitPay handling the transactions. The company describes itself as the web's largest secondary gift card marketplace. It buys and sells cards between users, offering rates that beat retail prices.
This sets it apart from rivals Gyft and eGifter, which keep retail prices but give Bitcoin buyers 3% cash-back rewards. CardCash's discounts exceed that 3% return.
Advertisement
728×90
BitPay announced the addition days ago without much notice. CEO Elliot Bohm revealed the bitcoin option during an August interview with Bitcoin Magazine, but the company never specified when it would launch. CardCash's blog post shows both September 4th and today as its publication date. Archive.org snapshots document no bitcoin mention from August 28 through September 6, before the feature appeared online this week.
The addition gives bitcoin users access to CardCash's broader inventory. The platform carries products Gyft and eGifter don't stock—WalMart, Kroger, Wegmans—making grocery purchases simpler and cheaper for cryptocurrency users.
Users face some drawbacks. Transactions require a $15 minimum. Many gift cards require shipping by mail. Digital cards download upon purchase. CardCash hasn't launched its mobile app yet, though Android and iOS beta builds are testing. Users can't sell gift cards for bitcoin, only purchase them.
Bohm ran an AMA on ZapChain where he hinted at future bitcoin incentives. "We will also be offering bitcoin users a special discount in the future, passing back value that we save on transaction fees to the consumer," he explained.
MiningPool content is intended for information and educational purposes only and does not constitute financial, investment, or legal advice.
Advertisement
728×90
Bitcoin reached $109,356 on January 20, 2025, marking a new all-time high coinciding with Trump's inauguration.
Bitcoin Cash ABC's price rocketed 62% in the past day, climbing from $12.27 to $19.97 as the project released a new client focused on stability fixes. The rebound offered holders a reprieve after the
Bitcoin reached $18,483 in the past 24 hours, extending a significant rally over the previous week. BTC/USD climbed more than 15 percent in the last seven days following a breakthrough past the $16,00
Law enforcement caught a California man attempting one of the more dramatic getaways in recent financial crime history. Matthew Piercey, accused of orchestrating a massive investment scam, tried to es
Grayscale Investments has crossed an unprecedented $10.4 billion in digital asset holdings, marking the first time the institutional crypto fund manager has reached this significant threshold. The mil
DeFi token yearn.finance (YFI) jumped more than 20% as Bitcoin surged past $18,000, sparking enthusiasm across the crypto market. The token climbed from just above $21,000 to an intraday peak of $24,8
Verifiable crypto journalism, delivered to your inbox.
Weekday mornings. No hype. No financial advice. Just what happened and why it matters.
No spam. Unsubscribe anytime. Read our privacy policy.
