Bitcoin (BTC) vouchers provide one of the most convenient and private ways to buy bitcoin. However, despite the convenience and privacy they offer, bitcoin vouchers are yet to fulfill their full potential to spur global bitcoin adoption.
Read on to learn what bitcoin vouchers are, how you can use them to buy bitcoin with cash, and why they could play an influential role in bitcoin adoption.
Bitcoin vouchers are pre-paid cards - similar to gift cards - that can be purchased using cash or bank cards and are redeemed for BTC. The amount of bitcoin “stored” within vouchers typically ranges from USD 10 to USD 250.
Crypto vouchers can be either digital or physical, with the latter providing an innovative way to purchase bitcoin privately with cash.
Physical bitcoin vouchers are sold at kiosks, grocery stores, gas stations, and newsagents, enabling fast and easy access to bitcoin for anyone with cash in their pockets.
Buying bitcoin using a physical bitcoin voucher only takes minutes and enables you to seamlessly and privately convert your fiat currency into digital currency.
The process differs slightly from provider to provider, but, generally, it works as follows:
And that’s it! You receive bitcoin, and your purchase is complete.
Thanks to the likes of Azteco, Coinfinity, and FastBitcoins, you can purchase physical bitcoin vouchers at a wide range of global locations.
From a gas station in the Austrian alps or a newsagent in Warsaw to a kiosk in Johannesburg, bitcoin vouchers are found in a growing number of cities in all corners of the world.
Max Tertinegg, Co-Founder & CEO at Coinfinity, which sells bitcoin vouchers called “Bitcoinbon” in over 4,000 locations in Austria, told Cryptonews.com:
“Bitcoin vouchers are a convenient way
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