Coinbase to Allow Clients to Convert Crypto to Gift Cards

Initially, the service will be available only to residents of Spain, Italy, France, the United Kingdom, the Netherlands and Australia
25 July 2018   1569

Coinbase in partnership with the London start-up WeGift will allow customers to exchange cryptocurrency assets for gift certificates for goods and services of more than 120 retailers. This is reported by Bloomberg Crypto.

Whether it’s converting Bitcoin into Uber credits or Ethereum into an ASOS e-gift card, customers will have greater flexibility and control over how they use their crypto. With the launch of e-gift cards, customers have a new option to spend their crypto balances, realizing its value to buy tangible things or experiences.
 

Coinbase Team

Initially, the service will be available only to residents of Spain, Italy, France, the United Kingdom, the Netherlands and Australia.

Previously, Facebook allowed Coinbase ads.

Binance to Add WeChat and Alipay Support

According to the anonymous sources of The Block, the feature is in the testing stage for Android users
10 October 2019   122

Binance Exchange will add support for the largest Chinese payment systems WeChat and Alipay.

Referring to informed sources, The Block reported that this option is currently being tested for Android users, and will soon become available for iOS and the desktop version of the trading platform.

Note that in China, the activities of cryptocurrency exchanges were officially banned at the end of 2017. However, residents of the country are actively using P2P and OTC platforms to buy bitcoin.