Fiat to your bank account or gift card to buy things on Amazon?

suvo05

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Quote from: Seratruong on August 13, 2019, 11:15:58 PM

Hello,

I intend to hold a minigame for my customers (they are mainly in crypto markets), so which one do you think they will prefer? $20 to their own bank account or a $20 gift card to buy products in some reputable website like Amazon or Ebay?

Please help, looking forward to your constructive comments.d

we don't know about your customer and what kind of business you run, and as you are saying they are from mainly in the crypto market so I think they are from different countries. So it will be hard for them if you pay via cash. you should pay them in terms of crypto, else you go for the gift card. Or you may give them any coupon which can be redeemed in your business only.

imstillthebest

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Quote from: liuqi on October 09, 2019, 11:45:39 AM

Since I know the crypto industry I will prefer to stay anonymous hence I will choose gift card is the best option.

strange isnt it ? you said you know crypto and you said you prefer to stay anon but by using a crypto you can already make your self anon but i think gift cards also work the same right ?

Quote

All the people from the script to industry does not show there mask off.
If there is GC code then it still remains anonymous and people can use it. Bank account I don't prefer because our personal information will be leaked.

not really . not all are concern about thier identity. these are the ones that dont care if what payment method theyl choose but they obviously love to go for most mainstream payment methods since it was acceptable the most

liuqi

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Since I know the crypto industry I will prefer to stay anonymous hence I will choose gift card is the best option. All the people from the script to industry does not show there mask off.
If there is GC code then it still remains anonymous and people can use it. Bank account I don't prefer because our personal information will be leaked.

malekbaba

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People dont like to share their bank info easily. Atleast I dont want to share it with 3rd party. Giftcard is certainly a better option. Anyone can use it conveniently. And anyone can send that card to friends and family, anywhere, anytime where amazon provides there services

Bezobraznike

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Quote from: Harlot on September 30, 2019, 01:58:18 PM

Considering the cost you will incur I think that GCs as the reward is more ideal in your position. If we are talking about international bank transfers you will just be incurring additional cost just for you to send the prize for your participants as compared to sending GCs to them where they can actually use it right aways. It is much faster and more convenient on your side that is why I think its the ideal reward for you. Aside from GCs why not also send crypto as a reward also? If we are talking about choices here it is much better compared to sending money through bank accounts since it is much cheaper and without the added legal complications from sending money to a bank account.

If I could choose I would choose gift card for amazon. Making transactions with dollars can be expensive, fees can be high. And it`s
more interesting to buy something on amazon.
I don`t know why OP didn`t add crypto option, it doesn`t have to be Bitcoin, there are other good alt-coins with very low transaction
fees. And as addition we all need to try to spread the word about crypto-currencies, with that part I agree with you Harlot, why to not do
it in crypto-currency. We need more people, and how to get new people more interested then give them some crypto-currency to have
fun with and learn about entire crypto-system.

Harlot

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Considering the cost you will incur I think that GCs as the reward is more ideal in your position. If we are talking about international bank transfers you will just be incurring additional cost just for you to send the prize for your participants as compared to sending GCs to them where they can actually use it right aways. It is much faster and more convenient on your side that is why I think its the ideal reward for you. Aside from GCs why not also send crypto as a reward also? If we are talking about choices here it is much better compared to sending money through bank accounts since it is much cheaper and without the added legal complications from sending money to a bank account.

Willitivity

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This is a very nice opportunity to leverage on and promote Cryptocurrency to a newer set of users. Since in this case your customers already know a thing or two about Bitcoin, rewarding them with Bitcoin with keep them more engaged to your services and at the same time widening the adoption of cryptocurrencies.

Wa Da Fak

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Quote from: Seratruong on August 13, 2019, 11:15:58 PM

Hello,

I intend to hold a minigame for my customers (they are mainly in crypto markets), so which one do you think they will prefer? $20 to their own bank account or a $20 gift card to buy products in some reputable website like Amazon or Ebay?

Please help, looking forward to your constructive comments.

For me i rather invest it on amazon then sell it i think its more efficient and wise for me though, cause the bitcoin is very volatile now and in amazon there are a lot of things you can buy theyre on sale sometimes so i think its better to buy , like buy and sell way.

marcuslong

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Quote from: Seratruong on August 13, 2019, 11:15:58 PM

Hello,

I intend to hold a minigame for my customers (they are mainly in crypto markets), so which one do you think they will prefer? $20 to their own bank account or a $20 gift card to buy products in some reputable website like Amazon or Ebay?

Please help, looking forward to your constructive comments.

$20 on my bank. I can use it to buy what ever i want. But why don't you offer bitcoin or crypto worth 20$?

If the 20$ gift card from ebay or amazon they will use it only in that sites. So I would prefer $20 on my bank to buy whenever sites or store I want.

buwaytress

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Might I suggest, since they're all crypto users, you offer the prize in cold, hard, Bitcoin?

Not sure why you didn't consider it, a few have suggested this to you, but isn't that the easiest? You don't need their bank details, you don't force them to use a gift card possibly at a place they can't shop at or can't get delivery from.

Bitcoin prizes. The path of least resistance, IMO anyway!

Quote from: TinaK on September 27, 2019, 09:05:13 AM

This is nothing relevant to the bicoin marketplace. I not sure why op have create thread on this place even though this has the discussion for amazon or ebay marketplace. In my choice I always suggest you stick with the fiat payment.
We may not know when our money need will be raised. Then If that amazon card you can use there only not all the place but if that is a cash you can use at anywhere.

It is relevant. It's a marketplace service he owns and his users are from the crypto space. What's this about money being raised?

TinaK

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This is nothing relevant to the bicoin marketplace. I not sure why op have create thread on this place even though this has the discussion for amazon or ebay marketplace. In my choice I always suggest you stick with the fiat payment.
We may not know when our money need will be raised. Then If that amazon card you can use there only not all the place but if that is a cash you can use at anywhere.

TheUltraElite

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So anyway, I applied as a merit source :)

OP I would like it if you include both payment systems in your site. Its more of a preference to their own choice and having both options they would complain less in case you had only one method. But then if they are in crypto markets then why not add in a payment method in crypto as well? They are going to crypto enthusiasts and thus they would prefer that over any of the other methods that you have said.

If you tell us more about this game maybe other can suggest more methods of payment.

hopenotlate

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I would prefer gift cards to buy thing on reputable markets as I would be unwilling to disclose my ID and bank details for as low as $20.

By the way, considering your players/customers are, as you steded in OP, mainly in crypto market why not going for BTC, or other main cryptos, prizes?

moneyball

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I would go with a 20$ in their bank account, its more convinient and easyer for them.

Slow death

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Name: Seratruong
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Date Registered: March 28, 2019, 08:58:14 AM
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I saw this in your profile: [email protected] and your username is: @Seratruong

so I suppose you own this site: https://www.livetrade.io/our-services/

it will make more sense that you offer crypto

Ayiranorea

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You could also add few cryptocurrencies to the list. If that's possible surely they'll pick the cryptocurrency option. Even I came across a video where a person giveaway few dollars and ask the person how would he like to receive it. Whether in the form of cryptocurrency or fiat currency. Majority of the people prefer cryptocurrency. Here is the link of that particular video which is quite interesting to watch.
https://youtu.be/exRCX38tHks

Indamuck

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Why not give them all options as a possible reward? Then your customers can choose the best option for themselves, its all money so it really won't matter much anyways. I've never used that bitcoin gift card service but if you do award btc its better if you send it directly to their wallet.

audaciousbeing

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I think what OP is looking at is something they would value. For someone who only aware of fiat transactions, giving him or her a gift card or a crypto voucher would be more appreciated than the transfer of $20 into the person bank account. The same goes for this situation too. Giving a crypto voucher might not attract the intended appreciation for someone who is already into crypto. For me, I think the gift card is a good one because, it would show that you need to use it to get something in Amazon and that particular item no matter how small would continue to remind you the source if where it came from.

Quote from: Lanatsa on August 16, 2019, 02:27:16 PM

Quote from: LeGaulois on August 16, 2019, 02:22:05 PM

Since they're in the crypto space what about rewarding them with Bitcoin Gift card with a site like CryptoVoucher or another?

Much better option yet as mentioned users are on crypto space so definitely they would much prefer on using or claiming crypto than hassling theirselves into those banking matters or things that cant be used like amazon or ebay.It would just be useless and not preferable. Hope you do get these points OP.

hugeblack

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Quote from: Seratruong on August 13, 2019, 11:15:58 PM

I intend to hold a minigame for my customers (they are mainly in crypto markets), so which one do you think they will prefer? $20 to their own bank account or a $20 gift card to buy products in some reputable website like Amazon or Ebay?

You give general information so it is different about the nature of your customers if they know cryptos, it is better to give them some currencies as gifts where they can then buy gifts or transfer to the bank.
If they are not experienced, it is best to give cards or vouchers.

Is this related to your LinkedIn page/ KYC services?

Lanatsa

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Quote from: LeGaulois on August 16, 2019, 02:22:05 PM

Since they're in the crypto space what about rewarding them with Bitcoin Gift card with a site like CryptoVoucher or another?

Much better option yet as mentioned users are on crypto space so definitely they would much prefer on using or claiming crypto than hassling theirselves into those banking matters or things that cant be used like amazon or ebay.It would just be useless and not preferable. Hope you do get these points OP.

Topic: Fiat to your bank account or gift card to buy things on Amazon? (Read 406 times)