We have understood how to accumulate cryptocurrency and we are always looking for new ways to make an income or earn money from them.
But how do we spend them once we have them in our wallet?
Given that spending crypto is not everyone's desire and that there are many ways to do it, today I will present one that allows you to do it without KYC. The KYC (Know Your Customer) procedure is a step often imposed by the Regulator to track electronic transactions so that they can be monitored and (often) taxed. Fortunately, there are solutions that allow us to circumvent this attempt at control and spend our funds in the way that everyone deems most appropriate. I'm talking about Bitrefill, a platform that offers the possibility of purchasing gift cards from many online and physical stores such as MediaWorld, Amazon, Ikea, Google Play and many others.
Bitrefill
How many times do we go and buy household appliances from MediaWorld or shop on Amazon? And what about cell phone top-ups? In all these stores there is the possibility of paying with their pre-loaded card instead of cash. When purchasing online it is even simpler because everything is done from the desired e-commerce site. This is where Bitrefill comes into play.
Bitrefill is a leading crypto e-commerce store that allows users to "Live on Crypto" by purchasing digital gift cards and phone refills with Bitcoin or crypto. We also offer bill payment in specific countries and plan to expand this service to more countries in the future.
Nothing could be simpler, purchasing a gift card is truly instantaneous:
1. You must first register on the Bitrefill website, an email is enough. You can do this from the following link which also entitles you to an initial bonus: https://www.bitrefill.com/invite/2pdlwo99
2. Select the store from which you want to purchase and the price of the card to top up.
3. Place the gift card in the cart and proceed with payment.
4. At this point you can choose different cryptocurrencies between Bitcoin, Ethereum, USDT (also on the Polygon network) etc. The deposit takes place directly from the wallet or from a centralized exchange.
Once the purchase has been finalized, you must collect the card code in order to use it. If you follow the instructions it is instant, you click on "view", copy it and paste it into the page of the site you want to purchase from. For example, if we had purchased a €100 voucher for Amazon, it should be used at checkout when asked if you want to use a discount code. By entering the gift-card code in the appropriate space, the total amount of the items in the cart will be discounted.
How to use Bitrefill with maximum privacy
Privacy is everyone's right and if there is the possibility of acting without sharing data it is always a good idea to do so. There are some precautions to follow if you want to move your cryptocurrencies without them being reconnected to your person. First of all, the starting wallet must be a cold wallet and not an exchange where the KYC procedure has already been carried out previously. Cold wallets are in fact anonymous and it would be better if this wallet had been created for the occasion and not previously used for other transactions. This prevents or makes chain analyzes more difficult.
A further precaution is to not provide more data than requested: during registration, all you need is an email.
Finally: no one forbids us from creating an email and a Bitrefill profile for every occasion or in any case from changing them often.
I hope I have been useful to you by presenting this possibility and if anyone decides to try it, here is my referral link which entitles you to €5 cashback after a purchase of 50.
https://www.bitrefill.com/invite/2pdlwo99
Read also: Supply Squeeze 💣
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