Getting Bitcoin into the hands of more people remains an ongoing challenge. Isle of Man-based crypto exchange CoinCorner has introduced a crypto cashback service to help promote adoption of Bitcoin across the United Kingdom.
Earning Bitcoin by Shopping
Cashback programs have existed for quite some time now, and always tend to generate a lot of interest. The entire world is paying more attention to online shopping. As more goods and services are purchased online, receiving some sort of cashback for doing so makes all the more sense.
Rather than opting for more traditional cashback solutions, CoinCorner wants to bring Bitcoin to the masses. For every purchase made through participating retailers, users can earn Bitcoin passively by doing their regular online shopping. Over 400 top brands are included from day one, with more to be added as time progresses.
All users have to do is shop as normal - but by using the CoinCorner portal - and wait for their Bitcoin cashback to be credited to the account. For Britons shopping at Acer, AliExpress, Ninja, O2, Twinings, Currys PC World, IWOOT, and others, this is an excellent way to start stacking Sats toward earning a full Bitcoin.
This new solution introduced by CoinCorner is both simple and elegant. It doesn't even require users to make a purchase through the exchange, although it is an option worth looking into. Buying smaller amounts of Bitcoin every month will help users with stacking Sats, and ensure they obtain a full Bitcoin much quicker.
CoinCorner CEO Danny Scott adds:
“We obviously keep an eye on what is going on in the industry and have seen that Bitcoin cashback sites are proving popular in the US. With much demand from consumers for a similar service here, we’re delighted to be able to bring this to the UK market, and at a time when online shopping is the safest way to browse and buy. Consumer habits have changed this year, with the likes of Amazon’s Q1 figures showing revenue increases due to the worldwide pandemic.
We’re very excited to launch our new Bitcoin cashback service in the UK for customers looking to save when they spend. It works just like a regular cashback service such as Quidco or TopCashback, but instead of customers receiving cashback in GBP, they receive the Bitcoin equivalent. This is an opportunity for people to earn and own Bitcoin while buying their everyday products and services. A number of our customers have already used the service after we soft launched it on CoinCorner.com last week."
It is the first-of-its-kind Bitcoin cashback service to launch across the United Kingdom. CoinCorner is tapping into an unexplored market that will not only benefit their users, but it can also bring positive attention to the cryptocurrency industry as a whole. This new service makes Bitcoin more accessible in the UK than it has ever been before.
