Are you looking for a way to cash out your crypto without having to do any KYC and paying high fees? Well, I have found a solution. Let me explain what Bitrefill is and how you can use it to cash out your crypto fee-less and KYC-less.
What Is Bitrefill?
Bitrefill is a service that lets you buy and reload gift cards for hundreds of retailers in many different countries. The gift cards can be purchased by using Bitcoin, Litecoin, Ethereum and other cryptocurrencies worldwide. The Bitcoin and Lightning Network technology allows Bitrefill to provide a safe and private user experience with fast digital delivery. You only need to provide an email address to receive a receipt, voucher codes if applicable, and customer service.
In this way, you can spend your crypto with privacy and live on cryptocurrency more easily.
Advantages Of Using Bitrefill
Using Bitrefill for cashing out your crypto has some big advantages. The first big advantage is that you don`t have to do any KYC on Bitrefill. This allows you to spent your crypto with privacy.
The next big advantage of using Bitrefill is that you don`t have to pay any fees when you want to cash out some of your cryptos. It gets even better because you`ll get some Satoshis as cashback every time you purchase a gift card. You will receive at least 1% cashback in Bitcoin and in some promotional cases, you can get even more cashback like 6% when you purchase a Nike gift card.
Another cool thing about Bitrefill is that you can really use it worldwide and not just in certain regions. So you can buy gift cards for a bunch of different countries. Just make sure that you have chosen the right country when doing a purchase on Bitrefill.
In the end, I also like to mention that Bitrefill really enables you to live on crypto because now you can spend your crypto with ease and in many different ways.
How To Use Bitrefill
Purchasing gift cards or refilling your phone with Bitrefill is pretty easy. Let me show you how simple it works.
Sign up for a Bitrefill account, verify your email, and log in to your account. Now you can choose the country in which your gift card should be valid on the upper left side.
Choose the gift card and the amount you want to spend, add the gift card to your shopping cart, and start the purchase. I have choosen an Amazon gift card.
At the moment, you have the possibility to pay with Bitcoin, Ethreum, Litecoin, Dogecoin, or Dash. Choose the cryptocurrency you want to pay with.
After choosing your favorite payment method, the deposit address will be generated. I have chosen Ethereum. Bitrefill also shows you the currently recommended fee rate for sending Ethereum and the amount of the cashback reward. Simply send your funds to the designated address. You have a timeframe of 15 minutes to send the funds.
Your payment will be immediately detected by Bitrefill and Bitrefill will send your order as soon as the transaction is completed. How long your transaction takes, depends on the wallet you are using and on your fee settings. Normally it only takes a few minutes.
That`s basically all you need to do. It`s as simple as that. Your order is completed and you can refill your shopping account. 🥳
My Final Conclusion
I have to admit to I am really satisfied with Bitrefill. The process is super easy and convenient. Finally, I am able to avoid those nasty fees when I need to cash out some of my cryptos.
I am interested if you also use Bitrefill or if you know of any similar services. How do you spend your cryptocurrency and where do you like to spend it?
So I hope that I could provide you with some interesting and useful information about Bitrefill.
Thank you guys as always for reading, liking, following, and tipping 👍
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