Topic: Announcing Bitrefill Balance Cards (Read 200 times)

There goes the tricky part. As a Bitrefill user that mostly buys steam funds, although what I'm about to mention doesn't affect me in any way, it'll surely affect some of its users:
- I didn't like the two options that they give for exceeding the limit due to fluctuations but I do like the way they'll be handling refusals ^{[unhighlighted part]}.

There is no way to consider using gift cards as an alternative to stable coins. They can lose value at various stages.
Unless you buy gift cards from official providers whom surely don't use crypto, you can't purchase them at a fixed real rate except with rare exceptional cases .

Actually, selling the gift card for the same value which has been purchased with BTC is not possible nowadays. The Localbitcoins and other gift card marketplaces always show lower bid and higher ask rates. I don't think, buying a gift card will be a better alternative as a stablecoin.

P.S: I have tested Bitrefill's card balance filling service and everything is ok as expected. Will use again in the future..

It's the bitrefill version of a stablecoin :-)
Seriously, when you think about it that is really all it is.
If you are using bitrefill a lot and think BTC is going to drop between now and when you are going to get your next card then it's a good deal.
If you don't know when you are going to get your next card and are not sure the direction BTC is going to go in that time then it's a gamble.

-Dave

It is good to buy gifts and reduce losses that may result from price volatility, but who is the guarantor of the value of this money? Is the company ready to sell those cards for bitcoin? Or should it be used only to buy products?
I hope that a multi-signature wallet is created so that the site does not bear the entire loss and that it is not very central.

Finally! A way to escape volatility while depositing on Bitrefill.

You are definitely going to see your orders increase dramatically because of this. I have actively avoided using Bitrefill during times of volatility simply because I didn't want to be exposed to a potential dump.

Would also be nice if you guys could add stablecoin support? Any plans for this in the future?

https://blog.bitrefill.com/announcing-the-new-bitrefill-balance-cards-da14f0fba353?source=collection_home---5------0-----------------------

We are proud to introduce a brand new product available exclusively from Bitrefill, our new USD & EUR denominated Bitrefill Balance Cards. They can be redeemed instantly and used to purchase any of our digital vouchers or mobile refills.

Bitrefill’s new Balance Cards make it super easy and convenient to credit your Bitrefill balance for future purchases or to give as a gift to nocoiner friends and family. Gives those who earn Bitcoin & Crypto an easy way to preserve the short term purchasing power, protecting from volatility.
Easily give a Bitrefill Balance Card as a gift

You can now seamlessly gift Bitrefill, and let the recipient decide how they want to spend their gift card on their favorite brands, as they see fit. The best gift of all is a Bitrefill Balance Card, and the familiar fiat balance now makes it easy for non-crypto users to enjoy the extensive Bitrefill catalog.

Every Bitrefill digital voucher (including our USD & EUR Balance cards) has a gift mode setting, which allows you to choose your recipient, instant or scheduled delivery, and even include a short message to offer best wishes. Simply select “purchase as a gift” during checkout!.
How it works

You can now use Bitcoin (or any of the other popular cryptocurrencies we accept) to purchase a Bitrefill USD or EUR Balance Card, which will provide you with a prepaid credit.

Once your payment is confirmed, you can create a Bitrefill account or log in to your existing account to redeem your Bitrefill USD or EUR Balance Card. When redeemed, you’ll see the amount credited to your balance in the denomination of your Gift Card, and this credit never expires. You can now spend it on every digital voucher product offered in our website.
Taking the uncertainty out of living on Crypto

You still have all the same great benefits that you love about paying with your Bitrefill prepaid balance, like no transaction fees or lengthy waits on confirmations, no amount errors, etc. Just now with the added option of having it in USD and EUR: More stability for the short term.

The moon is the limit, and we will continue to offer innovative products which make living on crypto easier.

Some terms and conditions apply, please check out our T&C page for the details, here.

Thank you for using Bitrefill!
Browse our catalog, start living on bitcoin

Is there a product missing that you would like us to have? Please tweet us at @bitrefill or join our Telegram group https://t.me/bitrefill and let us know!
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