DIGYCODE, is a company that has been offering cash to crypto solutions since 2017. DIGYCODE makes it possible to buy pre-paid coupons and gift cards that hold cryptocurrency at 10,000 stores in France. Previously DIGYCODE already sold coupons that hold Bitcoin (BTC), Ethereum (ETH), XRP, Litecoin (LTC) and DASH. Now Tezos (XTZ) is added to its product range.
“The Tezos project is one of the most promising currently, it is one of those we have been monitoring for many months. Integrating Tezos (XTZ) into our services is part of a broader strategy dedicated to this protocol, with such a French accent. I would also like to thank Nomadic Labs, the research and development laboratory dedicated to the Tezos protocol. Our collaborative work with their technical support has enabled rapid integration into our services. " Christopher Villegas, co-founder and president of Digital Broker
How does it work?
Buy a DIGYCODE coupon in one of the 10,000 stores across France. The coupons are available in values of € 20, € 50 or € 200. Once you bought your coupon, you need to register at the DIGYCODE website and create an account.
To create an account, you need to identify yourself by providing your ID card, passport or residence permit. French law indicates that all professionals must identify and know their customers in the context of the sale of digital units exchangeable for goods or services. When your account is verified you will receive an e-mail from our verification service telling you that the account is verified. Accounts will be verified in less than 12 hours. Once you have an account, you enter the secret code located on your DIGYCODE. In a few seconds after you enter your code, you own your crypto at the current price rate. Depending on the cryptocurrency and wallet you deposited, confirmations might take some time before your crypto is added to your wallet. (Average 10 min) For each deposit you pay a service fee, but if you enter several DIGYCODEs at in one deposit, you only pay fee for one deposit.
The daily limit for amounts of crypto you can deposit is € 1,000 (24 hours full) with a total of € 10,000 per month. If the volumes are abnormally high this limit may be reduced and additional supporting documents will be requested. At DIGYCODE discretion and without reason your account may be limited or closed.
If we review the above, I think we can conclude that buying crypto is indeed made very easy by DIGYCODE. But claiming your crypto isn't any easier than setting up an exchange account that requires KYC (Know Your Customer). DIGYCODE is a great and fun way to buy crypto for friends and family as a gift card to introduce them to crypto though.
You can buy DIGYCODE coupons in 10,000 stores in all of France: