Coincards
Coincards was created in 2014 with the aim of helping cryptocurrency holders or traders to spend their cryptocurrency at retailers. In other terms, it is purchasing service. Users can buy gifts cards from retailers using bitcoin. It is a Canadian company, but its locations are available in the U.S. Coincards is owned by Stuff Technologies Inc. The platform supports various cryptocurrencies such as Bitcoin, Ethereum, Monero, and more. The services are available for Canadian residents. You can always look out for Coincards alternatives if you are not happy with the current services.
Features
- Accepts 8 currencies (Bitcoin, Ethereum, Monero, Dash, Dai, Dogecoin, Litecoin, USDC)
- Support team available on social media platforms (Facebook and Twitter)
- No additional fees on exchange rates
- There is Coincards Referral Program
- The platform does not hold customers’ funds
- Offers Bitcoin gift cards made for Canadians
Pros
- No hidden fees
- Their fees are reasonable
- The service is faster
- Offers great exchange rates
- Caters for more than a hundred Canadian retailers
- Customers are not at risk because their funds are not held by Coincards platform
Cons
- Has limited locations (Canada and U.S.A)
- Doesn’t offer the sale of gift cards for Bitcoins
- Available for Canadian residents only