Benefits of Using Digital Dollars to Buy Amazon Gift Cards
Headquartered in Seattle, Amazon is a well-known global e-commerce company founded by Jeff Bezos in 1994. It has developed from an online bookstore to a comprehensive online shopping platform, covering multiple categories such as books, music, movies, electronics, clothing, home goods, food, and more, and also provides various services such as cloud computing, digital media, artificial intelligence, and logistics.
Amazon's business model mainly focuses on online sales of goods, operated by both Amazon and third-party sellers. Amazon offers a variety of products and services, using convenient services such as global purchasing, lightning delivery, and one-click ordering, which are popular and trusted by consumers. In addition to online sales of goods, Amazon also owns the world's largest cloud computing service platform, Amazon Web Services (AWS), providing technical support such as infrastructure and cloud services, and offering various solutions such as computing, storage, databases, security, and analytics, which are widely welcomed by users.
Amazon also has its own financial services department, providing payment, lending, investment, and other financial services to provide users with a more convenient consumer experience. Among them, Amazon gift cards are prepaid cards issued by Amazon itself and are also one of Amazon's core products. By purchasing Amazon gift cards, users can buy goods and services on the Amazon platform or give them as gifts. Gift cards are flexible and convenient, and are the choice of many consumers and investors.
As cryptocurrency transactions have a certain degree of anonymity, and the purchase and use of Amazon gift cards do not require users to provide real personal information, compared with directly using fiat payment methods to purchase on Amazon's e-commerce platform, many cryptocurrency investors will choose to purchase Amazon gift cards on some third-party platforms and use cryptocurrencies for payment.
When purchasing Amazon gift cards from third-party platforms, users may need to pay a certain platform transaction fee and handling fee:
Purse.io: A cryptocurrency payment platform where users can purchase Amazon gift cards with Bitcoin and Bitcoin Cash. The platform's transaction fee ranges from 0.5% to 1%, depending on the user's chosen payment method and transaction volume.
Bitrefill: A platform that provides digital currency recharge and consumption services, where users can purchase Amazon gift cards with Bitcoin, Ethereum, Litecoin, and other digital currencies. The platform's transaction fee is 2%, and no additional handling fee is required.
CoinCards: S platform that provides gift card purchase services using cryptocurrencies, where users can purchase Amazon gift cards with Bitcoin, Litecoin, Ethereum, and other digital currencies. The platform's transaction fee ranges from 2.5% to 5%, depending on the user's chosen payment method and transaction volume.
eGifter: S platform that provides digital gift card purchase services, where users can purchase Amazon gift cards with Bitcoin, Ethereum, and other digital currencies. The platform's transaction fee is 3%, and no additional handling fee is required.
It should be noted that the above transaction fees and handling fees are for reference only and may be adjusted at any time based on the operating policies of each platform. Please check the latest fee details on the official website of each trading platform. At the same time, these trading platforms have exchange rates that can be significantly higher than the mid-market rate. For example, in the case of purchasing Amazon gift cards, if the actual cost consumed on these platforms is converted into US dollars, it will be more than 10% higher than the first-party purchase price. Cryptocurrencies themselves also have a great degree of value fluctuation. Taking Bitcoin, which has the largest market share and the most credibility, as an example, its price trend has fluctuated from around $5,000 in early 2020 to nearly $70,000 in 2021, and now to around $20,000. Investors need to pay attention to the price trend of cryptocurrencies at all times and handle cryptocurrency investment risks with caution. The volatility of the value of cryptocurrencies also makes many investors hesitant to use general cryptocurrency assets for purposes other than investment. In contrast, digital dollars USDT/USDC are centralized cryptocurrencies based on blockchain technology. The issuer of USDT/USDC has an equivalent amount of US dollar reserves, and its value is anchored to the US dollar, so its value is stable, i.e. 1 USDT/USDC = 1 US dollar, and its exchange rate with the US dollar remains relatively constant. Therefore, cryptocurrency investors prefer to use stablecoin digital dollars for consumption.
With the iSunOne Global Visa Card, users can directly recharge unlimited times. Each recharge can be up to $25,000 US Dollar. You can continue to recharge and consume, enjoying the extreme convenience of spending USDT and USDC directly. We believe that digital currency payment will be an inevitable future trend, and iSunOne will always be committed to providing the best digital currency payment services to users.