Xmas Crypto: Bitcoin Cashback App Targets 90% of Americans, Adds Major Retailers

Fold, the Bitcoin cashback app, is now offering holiday gift cards that allow shoppers to get up to 20% Bitcoin cashback back in exchange for sending gift cards to friends and family.

The startup company has combined a payments gateway with a rewards program to help grow the digital economy and to introduce Bitcoin to mainstream consumers through popular gift cards.

Fold’s Bitcoin cashback gift cards now include major retailers such as Bed Bath & Beyond, L.L.Bean, and Ulta Beauty. Shoppers can also buy gift cards from Amazon, AMC, Uber, Target, Starbucks, Macy’s, Banana Republic, Sephora, Old Navy and Gap.

“We realized there are many people who want to participate in the growing Bitcoin economy but don’t know how to get started. Over 90% of Americans will use or receive a gift card, making Fold gift cards a great way for anyone to get their first Bitcoin.”

After purchasing a gift card, Fold shoppers can spend Bitcoin rewards on their next purchase or save for later use. They can also withdraw it to a personal Bitcoin wallet.

Featured image: Shutterstock/Cleven Hartono

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

The post Xmas Crypto: Bitcoin Cashback App Targets 90% of Americans, Adds Major Retailers appeared first on The Daily Hodl.