If you are someone who was waiting for your acquired bitcoin to be used for shopping, here is a piece of good news for you. 11 years ago in May 2010, Laszlo Hanyecz, used bitcoin acquired by him to buy a pair of Papa John’s Pizza. The number of bitcoin he paid was 10,000 BTC! 1 BTC today is 25,58,370/- Indian Rupee!
Well, yes. So you started investing in bitcoin and have always wondered if your bitcoin can be put to work. Or you wanted to sell off your bitcoin but did not know when should be the best time to liquidate your bitcoin. Bitcoin was invented to enable free and fast transactions on the internet but you were looking for a way to transact your bitcoin against some good or service, and no one was ready to accept your bitcoin. Worry no more.
You can now avail vouchers and shop on 95 plus brands against the bitcoin you hold. Unocoin is India’s first and one of the most popular bitcoin trading platforms and if you are a registered user of Unocoin you can use your bitcoin worth as little as INR 100 to avail of these vouchers.
See this as a regular purchase you make digitally. You like pizza on Domino’s website and once your order is done you go to the checkout page and pay for the order. You pay in your local currency (INR) through online banking or credit/debit cards or online wallets. With Unocoin’s voucher feature, you can now avail of BTC vouchers and pay for the popular brands through their voucher option.
Let us see in detail how this works. We assume you are a Unocoin user who has received some bitcoin or bought some bitcoin in the past. You log in to your account and go to the BTC page. From the multiple options available, you click on Shop. You see the last tab of Vouchers. If you are on the app, then you will find the Shop button on the dashboard and in the More section. You see 90+ popular brands and among them, you select Dominos Pizza. You see a dropdown of multiple INR denominations to buy vouchers. You select INR 500 and see the corresponding BTC you will have to pay to get that voucher. You click on pay and get the voucher code!
Suppose you would like to have Dominos pizza someday. You either go to their website or open their app to order from the menu. You finalise your order. You see the total bill amount to be, for example, INR 850. You then proceed to checkout. This time, instead of choosing your bank for net banking or any UPI service provider or cash on delivery, you opt for payment through the vouchers. Since you have a voucher(s) handy with you that you bought from your Unocoin’s account, now is the perfect time to use them. While checking out, you click on the e-Vouchers tab to add the Gift Voucher you received from Unocoin. You enter your gift voucher code and pin as shown on your voucher, then click on submit. The instructions on how to use such voucher codes usually get displayed on every e-commerce portal.
The total bill amount was INR 850 and the voucher you bought from Unocoin was worth INR 500. The remaining amount, which is INR 350 of the total bill, can be paid via any mode of other payments that fits best for you or you may even use another voucher code if you have it.
But why vouchers?
As mentioned above, this feature lets you barter your bitcoin into something which these high brands have to offer. Most of the time, the bank servers do not work, the banking server goes through some maintenance or sometimes you won’t have your debit/credit card handy. There are scenarios where your bank’s credit card cannot be used for payments because it is not linked to the brand you want to make the payment to. Moreover, there are times when cash on delivery is not applicable or you simply cannot find an ATM to get cash to pay for your expenses. For all such unpredictable cases, a pre-loaded voucher in hand can be a lifesaver.
Moreover, there are multiple categories to choose from. This includes travel, restaurants, lifestyle brands, fashion, accessories, hotels and much much more. For every need and want, there is a brand that you can have a voucher for. What else do we need to enjoy the luxury of life!
Finally, here goes the best part — these vouchers form an amazing gift to be presented to your loved ones and all you need to do is to pass on the voucher information by printing it out or just by sending it as a message to them.
Since the big news is out now, you can explore the shop feature of BTC on Unocoin. Happy Shopping!
Unocoin is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can buy and sell bitcoin instantly using the Instant Buy and Sell feature. Not just this, you can also buy ETH and Sell ETH in no time. With more than eighty-seven coins listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your friends from any location. You can also know which cryptocurrency works best for you with the price ticker and notifications. The most popular cryptocurrencies like Bitcoin (BTC), Ether (ETH), USDT (Tether), BNB, Ripple (XRP), Cardano (ADA), Solana (SOL), Binance USD (BUSD), Dogecoin (DOGE), Polkadot (DOT) and other popular altcoins can be traded on the go. The new Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the Systematic Buying Plan, you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using SBP for as little as INR 10. With another exciting feature called Crypto Basket, you can diversify your crypto portfolio based on market capitalisation (Market Cap) or Volume. These two excellent features make Unocoin the best cryptocurrency platform.
Love Crypto Coins. Love Unocoin.
Please find the list of authentic Unocoin accounts for all your queries below:
- YouTube Channel: https://www.youtube.com/c/Unocoin/videos
- Newsletter: https://medium.com/subscribe/@Unocoin_growth
- Blogs: https://blog.unocoin.com
- Instagram: https://www.instagram.com/unocoin/
- Twitter: https://twitter.com/Uno
- Facebook: https://www.facebook.com/unocoin/
- LinkedIn: https://in.linkedin.com/company/unocoin
- Telegram Group: https://t.me/Unocoin_Group
- Telegram Channel: https://t.me/+fasQhTKBsfA5N2Zl
- Telegram: https://t.me/UnocoinSupport_Bot
- E-mail id: [email protected]
- Contact details: 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat)
- App store link: https://apps.apple.com/us/app/unocoin/id1030422972?ls=1
- Playstore link: https://play.google.com/store/apps/details?id=com.unocoin.unocoinwallet
Crypto products are unregulated as of this date in India. They could be highly volatile. At Unocoin, we understand that there is a need to protect consumer interests as this form of trading and investment has risks that consumers may not be aware of. To ensure that consumers who deal in crypto products are not misled, they are advised to DYOR (Do Your Own Research).