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Buy Gift Cards with Bitcoin or other cryptocurrency

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Buy Gift Cards with Bitcoin or other cryptocurrency

Although it is possible to purchase products and pay for services offered by many companies, we are still far from seeing full adoption of cryptocurrency payments. Cryptocurrencies are not considered by many companies as a reliable payment option. This means that if you have some crypto winnings, you may find it difficult to spend them. Fortunately, there is an indirect way to spend your favorite cryptocurrencies on your top brands. All you have to do is buy gift cards using Bitcoin or other cryptocurrency at trusted crypto gift card platforms like bee coins.

What can you use gift cards purchased with Crypto for?
If you buy gift cards with cryptocurrency, you can redeem them for everyday things like booking an Uber, buying shoes at your favorite online store, or paying for pizza at Dominos. But you are not limited to these alone. You can also buy gift cards like Amazon, Wallmart, ITunes and Macy’s with Bitcoin and other cryptocurrencies (Ethereum, USDT, Litecoin…).

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Moreover, you can gift it to your friend or co-worker or use it to pay for international versions of goods and services to enjoy the best deals without the worry of getting a proper credit card.

Undoubtedly, this is the beginning of mass crypto adoption, and it is clear that in the coming years, Ethereum, Litecoin and other cryptocurrencies will act as more currency.

What is a gift card?
A gift card is a prepaid payment card issued by a retailer to be used as an alternative to cash. It is simply a plastic, paper or electronic voucher that can be used to purchase goods and services from select retailers. They can be purchased in-store or online, and many retailers allow you to create your own gift card. If you buy gift cards in cryptocurrency and lose your gift card, some retailers will replace it if you register it online or have the receipt from the time you bought it.

Gift cards can be a convenient way to pay for items without having to carry cash or credit cards. They are also great for gift giving as they provide a way for recipients to shop without having to worry about finding the perfect gift.

How to buy gift cards using crypto?
Buying a gift card with Bitcoin, Ethereum, or Litecoin is easier than you think. If you want to buy an Amazon gift card with a Bitcoin or Valorant gift card, just visit a cryptocurrency exchange like Coinsbeee and select your gift card. Next, enter your email address and select your preferred payment method, be it credit card or cryptocurrency. From there, you will be directed to the checkout page, where you can complete your purchase quickly and securely. After confirmation, your gift card will be automatically sent to your email address, and you can redeem it on the gaming platform or any other site. Once redeemed, the funds will be reflected in your account, and you can use them to pay for related products and services.

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Types of Gift Cards You Can Buy with Cryptocurrency
You can use Bitcoin and other cryptocurrencies to buy gift cards from thousands of popular brands. On these exchange platforms, you can buy League of Legends gift cards, Netflix, Pubg, Vanilla Gift, eBay, Target, Rewe, The Home Depot, Twitch, Uber, Woolworths, Amazon, Coolblue, Microsoft, Playstation, Xbox, etc. In addition to traditional e-commerce stores and games, you can also buy gift cards such as vacations and trips with Bitcoin. You can also top up your credit cards or smartphones with cryptocurrencies. With all brands available that you can think of, you can spend your cryptocurrencies hassle-free at any time.

Final thoughts
Using a gift card is an excellent way to purchase something you know the recipient will enjoy. It gives the buyer an easy way out without them having to worry if they are buying the right thing. And in this day and age where everyone seems to be jumping on the cryptocurrency bandwagon, gift cards are one of the most convenient ways to buy something of value with cryptocurrency.

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Blockchain

LBLOCK, IBAT, TAMA and DEFC price forecasts for December 5

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The aforementioned cryptocurrencies have been fighting against bearish forces, and the signals coming from their markets at this point suggest that they might be starting to move towards higher price levels. So it is necessary for traders to identify it at the right time to make the most of these markets.

LBLOCK PRICE FORECAST: Lucky Block is starting an upward recovery

Study the LBLOCK / USD In the 4-hour market, headwinds have pushed price candles to the lower bound of the Bollinger Band and extended it. At this point, traders can anticipate that prices in this market may bounce in the opposite but bullish direction. The RSI lines used now are getting close to each other to crossover, once this happens, this will indicate an increase in bullish momentum and the price of Lucky Block will go up. Finally, the price may soon regain the $0.0002350 price level.

LBLOCK, IBAT, TAMA and DEFC price forecasts for December 5

Full Price Prediction: Tamadoge is recovering to the upside

On the Tamadoji On the four-hour chart, it appears that this cryptocurrency has managed to overcome the headwinds. This can be seen as a bullish price candle that appeared on this chart recently. Also, the RSI lines can be seen to have crossed each other’s path to indicate a change in the direction of the market. By implication, this marks the beginning of an uptrend for this market, as the price may now rise beyond $0.01700.

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LBLOCK, IBAT, TAMA and DEFC price forecasts for December 5

DEFC Price Prediction: Defi coin looks bullish on the upside

On the DEFC In the 4-hour market, we can see that the price action has moved above the moving average line recently. However, headwinds have been defeating it recently and causing some setbacks. However, the price action is still near the moving average line and some additional purchases may secure the price movement above the moving average line, and this will lead to a subsequent price increase. Also, the stochastic RSI curves are still in the overbought area. Thus, this confirms how traders could see a price increase beyond $0.06000.

LBLOCK, IBAT, TAMA and DEFC price forecasts for December 5

IBAT Price Prediction: Battle Infinity maintains bullish recovery hopes

signs out of IBAT The 4 hours chart indicates that the price action is gaining upward momentum. Recent price candles can be seen forming near the smoothed moving average line. Meanwhile, MACD lines continue to rise towards the balance point. Also, the growth of green histogram bars can be seen on the positive side of the MACD to indicate that buying activities are increasing. Hence, traders can expect a price rally in this market above $0.002200.

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Novogratz’s Galaxy Digital acquires Celsius’ GK8 in bankruptcy garage sale

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Galaxy Digital Holdings, led by Mike Novogratz, has won the bid to purchase GK8, a self-custodial platform for digital assets owned by Celsius Network — pending court approvals and certain closing terms.

According to the December 2 blog Mail From GK8 and the press Release From Galaxy, if the acquisition proceeds, Galaxy will acquire the platform team of approximately 40 people as part of the deal including cryptographic engineers, blockchain engineers, and the GK8 team office in Tel Aviv.

GK8 is a self-custodial blockchain-based asset management platform that provides custody, staking, DeFi, NFT support, tokenization and trading.

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The team behind the platform claims that it can perform secure blockchain transactions offline, which greatly reduces the risk of hacking.

Celsius Acquired GK8 in 2021 for $115 million, though Galaxy did not disclose how much it offered the company.

Galaxy founder and CEO Mike Novogratz called the acquisition “a critical cornerstone in our efforts to create a full-service financial platform for digital assets.”

“The addition of the GK8 to our flagship offering at this pivotal moment for our industry also highlights our continued desire to take advantage of strategic opportunities to grow Galaxy in a sustainable way,” he added.

Galaxy intends to support GK8’s ongoing operations while leveraging its technology to develop its GalaxyOne trading platform.

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GK8’s founders, including CEO Lior Lamesh and CTO Shahar Shami, are expected to remain with the company and lead the new Galaxy guardianship business.

“Powered by Galaxy, we aim to deliver exciting new offerings to the industry that showcase a combination of best-in-class Galaxy services, GK8 encryption and security, and unparalleled R&D skills,” said Lamesh.

Related: Mike Novogratz: Bankman Fried is “fake” and they’re headed to jail

It was below zero bankruptcy procedures Since filing for Chapter 11 bankruptcy protection On July 13 he discusses plans to sell some of his assets.

In the court filing, Celsius CEO Alex Mashinsky The company indicated it could Sell ​​the Bitcoin (BTC) mined from the mining operation to help pay off at least one of its loans and provide future revenue for the company.

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During his September 15 filing with the United States Bankruptcy Court for the Southern District of New York, Celsius asked Permission to sell its stablecoin collectibles.

Galaxy Digital was recently named in a $100 million lawsuit by institutional crypto custodian service and wallet operator BitGo for dropping its plans to acquire the company.

Galaxy terminated its May 2021 agreement to acquire the company on August 15, 2022, citing breach of contract by BitGo when it allegedly failed to deliver audited financial statements by July 31, 2022.

BitGo then revealed on September 13 that it was Seeking more than $100 million in damages, accusing Galaxy of “improper disavowal” and “willful breach” of its acquisition agreement with BitGo.