bitcoinvancouver

The GoTo Site for all things Bitcoin in Beautiful Vancouver British Columbia Canada

Canada’s First Bitcoin ‘gift card’ Launched

Canada’s First Bitcoin ‘gift card’ Launched

Gabriel Scheare uses the world's first bitcoin ATM on October 29, 2013, at Waves Coffee House in Vancouver. A Calgary-based company has launched Canada's first Bitcoin access card to make it easy for people to buy the digital currency. (David Ryder/Getty Images)

Gabriel Scheare uses the world’s first bitcoin ATM on October 29, 2013, at Waves Coffee House in Vancouver. A Calgary-based company has launched Canada’s first Bitcoin access card to make it easy for people to buy the digital currency. (David Ryder/Getty Images)

Read more: http://www.theepochtimes.com/n3/452181-canadas-first-bitcoin-gift-card-launched/#ixzz2qa1ZWPyE 
Follow us: @EpochTimes on Twitter | epochtimes on FacebookCanada’s first Bitcoin “gift card” was launched this week in Edmonton, the aim being to make it easy for first-time buyers who want to invest in the digital currency but don’t know where to start. 

Calgary-based company Bitcoin Ventures launched “CoinTap,” a pre-paid access card used to redeem Bitcoin, on Wednesday at Edmonton’s Remedy Café—one of a growing number of Canadian establishments that accept Bitcoin as currency.

A card retails for $55.50, which redeems $50 in Bitcoin (at market rate) on CoinTap’s website. An individual can redeem up to $1,000 in cards per day—the equivalent of about one Bitcoin.

“Once you’ve redeemed your Bitcoins at Cointap.co, you can buy things with Bitcoins, trade them, sell them, hold onto them as an investment, or keep them in your electronic wallet for a rainy day,” says Bitcoin Ventures president Ashley Fulks, who co-founded the company last year.

Bitcoin is a decentralized payment network that runs on the Internet and does not require a third-party middleman such as a bank, PayPal, or Visa. It generates and uses Bitcoin as a c

Read more: http://www.theepochtimes.com/n3/452181-canadas-first-bitcoin-gift-card-launched/#ixzz2qa1RPIWY 
Follow us: @EpochTimes on Twitter | epochtimes on Facebook

Advertisements

Questions, Comments, complaints or observations? Your input is important to us.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Information

This entry was posted on January 16, 2014 by and tagged , .

Follow me on Twitter

bitcoinvancouver2013@gmail.com

bitcoinvancouver2013@gmail.com

Blog Stats

  • 9,810 hits

Follow me on Twitter

%d bloggers like this: