Bitit: Generic Gift Card Service Or Better Bitcoin Accessibility?

By January 20, 2016Bitcoin Business

Bitit is a prepaid Bitcoin gift card from €25 to €250 that can be redeemed into BitcoinCT r: 10 . Bitit is a service designed for new bitcoin users but also bitcoiners who want a way to have their family and friends discover Bitcoins in seconds.

How is this unique and different from other card services such as Gyft , BitGreet, and others ? Bitit aims to make buying Bitcoin as easy as possible through its prepaid bitcoin solutions. In short, increase the accessibility of Bitcoin, a current issue of the currency. Bitcoin’s Accessibility

Some people don’t know where to even start with buying Bitcoin. The cryptocurrency elicits curiosity, but only a few know how to buy and use it. Those who plan to use Bitcoin need to understand Bitcoin. The little details, such as exchange rates, how to open a bitcoin wallet , understanding bitcoin addresses and private keys. “If the cards can be sold very easily, they could be a great way to improve accessibility to cryptocurrencies” All of this can be quite intricate and complex, which makes it very difficult to get access to Bitcoin in short periods of time. Therefore, a gift card solution may be ideal. This is a method favored by many because it presents no negative effects.

Nicholas Katan, CEO and Co-Founder of Bitit, told CoinTelegraph: “Getting Bitcoin is still hard. Bitit makes it very easy, and it is also very fast. Using bitcoin through Bitit is no more difficult than sending an email.” Why Bitit is Unique Many Bitcoin gift card services are already available such as Gyft, BitGreet, etc. So what makes Bitit unique and worth using? Bitit, unlike any previous solutions, allows users to buy the gift card with cash and redeem as Bitcoin. Also, Bitit has a physical gift option, […]

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