Here is a great app to earn Bitcoin while you are shopping.
You can get up to 20% cashback in bitcoin when you shop at Amazon, Uber, Target and many more!
What is Fold?
Fold is a mobile shopping app that supports the Bitcoin Lightning Network. It is available on iOS and Android.
Fold is building novel on-ramps and use cases for mainstream users that are simple and rewarding. While current on-ramps are complex, expensive and primarily built for speculators, we believe in ushering in the next wave of adoption via on-ramps built for everyone else: spenders, earners and savers. source: foldapp.com
You can shop via Fold at select retailers online, in-store or in-app, earning bitcoin on every purchase, instantly.
Fold, a payments platform, is introducing a lightning network protocol that will allegedly enable users to shop in-store or online at several retailers, including Starbucks, Whole Foods, AMC, Home Depot, and Southwest Airlines.
So basically the Fold App wants to give you bitcoin, but you’re going to have to earn it — by spending what you hodl.
The earlier you get access, the more sats you’ll get.
Fold’s New Sats-Back Program Lets You Earn Bitcoin by Spending your fiat or Bitcoin.
Get up to 20% cashback in bitcoin when you shop at your favorite retailers.
- AMAZON
- STARBUCKS
- UBER
- TARGET
- REI
- HOME DEPOT
- SOUTHWEST AIRLINES
- AMC
- MACY'S
- DUNKIN' DONUTS
Download the app with my referral link and get 20,000 sats.
I got us 20,000 satoshis each of free Bitcoin when you sign up with my invite link and make a purchase. https://use.foldapp.com/r/Es9Jlefo
Refer friends to get extra Bitcoin.
Pros and Cons of this app are given below:
Pros:
- Easiest to use. Since it’s integrated into the AirBitz Bitcoin wallet, gift card purchases can be made as an additional step in one app, rather than having to use two different apps.
- Zero-confirmation transactions mean transactions are fast enough to be conducted at the point of sale.
- Highest discounts. Outside of eGifter’s insider program, Fold’s current 5% and 7% discounts (for Starbucks and Target, respectively) are the highest in the business at the present time.
- Referral program through the AirBitz app.
Cons:
- At present, you must have the AirBitz wallet in order to use Fold. This is not a large sacrifice as it’s a very solid Bitcoin wallet, but some users may be inconvenienced by having to acquire a new one.
- Currently, only Starbucks and Target gift cards are available, making Fold unsuitable for a sole provider of Bitcoin gift cards.
- Cards may become unavailable as they are sold out. Due to Fold’s recent entry into the gift card market, the supply of cards is unreliable.
- Like Gyft, Fold only allows card buying in larger increments. source: cointelegraph.com
Thanks for reading. I hope you’ve found it helpful.
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