Black Friday: Where to Spend Your Crypto Gift Cards

Spend your crypto gift cards at these top retailers.

Little robot ready to go shopping.
Created by Kornelija Poderskytė from DailyCoin

Thanksgiving is over. It’s time to put all those cozy feelings of gratitude and goodwill aside. Now that we’ve feasted on turkey and pumpkin pie let’s prep for the savings and madness that only Black Friday can bring. 

Thanks to growing cryptocurrency adoption worldwide, taking advantage of Black Friday deals using your favorite crypto has never been easier. 

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That’s right, your Amazon orders can now be paid for in Bitcoin (BTC), Ethereum (ETH), or any other popular cryptocurrency if you’re willing to jump through a few hoops.

What’s the Deal with Crypto Giftcards?

As I’m sure you’re aware, many retailers still don’t accept native digital currencies. But don’t be discouraged just yet; there’s a way around this pesky obstacle.

Crypto Gift Card sites let you purchase vouchers for your favorite stores and online platforms using digital assets. Then, all you need to do is take your standard gift card into a shop or online store and exchange it for goods as you normally would. 

This way, you can easily convert your Tether (USDT) or USD Coin (USDC) into store credit and take advantage of Black Friday sales or any other deals throughout the year.

Best Places to Shop With Crypto Giftcards on Black Friday

Black Friday can be a bit of a battlefield. With thousands of eager shoppers scrapping over the best deals available, you must be prepared. Wasting time trying to get your crypto gift cards sorted on the day might cost you the deal of a lifetime.

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Let’s explore some of the best places to shop with crypto gift cards on Black Friday this year.

1. Amazon

Amazon logo.
Source: Amazon

Amazon needs no introduction. The world’s largest online retailer offers the widest range of products on the internet, with everything from tech gadgets to books, toys to homeware appliances, and whatever else you can think of.

Thanks to crypto gift cards, all you need to do is buy an Amazon gift card using whatever digital assets you have stored in your crypto wallet, and you’re good to go. The process is as smooth as the pumpkin pie you’ve put back just the day before.

It’s also worth mentioning that Amazon has robust fraud protection built into its platform. While this isn’t an issue for gift cards, it might block anyone using a VPN (Virtual Private Network). Given that most crypto enthusiasts are wary of internet safety, it’s not uncommon that you might be using one. Just remember to turn it off before heading to Amazon.

2. Airbnb

Airbnb logo.
Source: Airbnb

Let’s face it: Thanksgiving can be a stressful time. Millions of people need to travel across the country to celebrate the National Holiday, and that’s not even considering the mental strain of preparing a meal for many people.

This Black Friday, why not treat yourself to another gift and buy yourself a relaxing holiday?

Whether it’s a serene retreat in the heart of the French Alps or a sun-soaked beach house on Australia’s Gold Coast, your crypto can cover all your accommodation and activities while you’re away. 

3. IKEA

Ikea logo.
Source: IKEA

There’s always a reason to go to IKEA. Finding delightful and practical homeware is a year-round mission, but it often goes to new levels during the holiday season. Why? Spilled cranberry sauce is a good way to ruin your parent’s favorite furniture.

IKEA gift cards, paid for using cryptocurrency, give you a golden opportunity to refresh your home and bring new life to your decorations. In fact, Thanksgiving can also be a good practice run for Christmas, letting you work out which pieces of furniture you’ll need for the next big holiday.

4. STEAM

Steam logo.
Source: STEAM

Gamers, this one’s for you! STEAM is a massively popular online store where you can buy digital copies of video games. The range of games is staggering, with everything from blockbuster AAA titles to small-time experiments from indie developers. There’s something for everyone.

Aside from an enormous library of games, STEAM is also known for its extremely generous sales. STEAM sales are known to wipe up to 80-90% off certain games, meaning that your crypto gift card can get you plenty of value without burning a hole in your crypto wallet.

5. ASOS

Asos logo.
Source: ASOS

Winter is setting in, and Thanksgiving coziness won’t last long as we enter December. Why not grab a toasty new jacket to keep the frosty winter winds away at ASOS?

One of the largest online fashion stores in the world, ASOS is another great place to spend your crypto gift cards this Black Friday. Renowned for its eclectic mix of brands and cutting-edge styles, ASOS is a global fashion powerhouse.

Crypto gift cards mean that you can essentially convert your cryptocurrency profits into fresh threads for the new season. Spending your crypto on clothes or any other items that you use every day is one of the best ways to remind yourself that crypto assets have tangible value beyond the numbers on the screen.

6. Spotify

Spotify logo.
Source: Spotify

Treat yourself to the gift of music this Black Friday and get a crypto gift card that pays for a Spotify subscription. The music-streaming giant has dominated the music industry since it first launched in 2008 and shows no sign of slowing down.

Converting crypto prices into real-world subscriptions is a fun way of valuing your daily products and services. To give you an idea, just 0.1 ETH will likely cover your Spotify account payments for a year (depending on where you live).

Don’t miss the opportunity to lock in your favorite subscriptions this year, pay using a crypto gift card, and put those digital assets to good use this Black Friday.

7. Deliveroo

Deliveroo logo.
Source: Deliveroo

Is anyone else guilty of kitchen fatigue? Imagine the scene: You’ve just spent three days preparing the ultimate Thanksgiving meal. The gravy’s been maturing for days; you’ve prepped your sauces and stuffing ahead of time. Simply managing the entire affair has you feeling completely exhausted.

All that work and your guests demolish the entire meal in one sitting, leaving you having to roll up your sleeves and get straight back into the kitchen the very next day.

You probably deserve a break, and a Deliveroo crypto gift card is just the thing you need. Of course, you’re not limited to just Deliveroo. Gift cards can be purchased for almost all food delivery apps, including DoorDash and Uber Eats. 

On top of that, you’ll probably be tired from a frantic day of Black Friday shopping. Fix yourself with a Deliveroo crypto gift card this year, and let BTC pay for your dinner.

Can I Get Black Friday Discounts on Cryptocurrency?

The discount we all truly want this year is unlikely to be the one we get. Retailers worldwide now slash their prices by 50% or more every year on Black Friday. Is it possible that the crypto market could do the same?

Alas, but no. Crypto prices like Bitcoin, Ethereum, and Litecoin (LTC) historically haven’t given market participants cheaper entries on Black Friday.

However, it is common for crypto exchanges like Binance and Coinbase to offer generous signup bonuses or reductions on trading fees for an extended period of time over the course of the holiday.

It’s also worth watching crypto-related products and services during Black Friday sales. This can be a great way to pick up a hardware wallet, like Ledger, or get discounted access to certain crypto analysis tools.

On the Flipside

  • The Thanksgiving-Black Friday dichotomy is remarkably inconsistent. It seems strange to dedicate a day to feeling grateful for what you have, only to encourage rampant consumerism the next day.

Why This Matters

Black Friday is one of the biggest days on the retail calendar. Using your cryptocurrency to buy gift cards that can be exchanged for goods and services is just another way that digital assets are proving their tangible value.

FAQs

Does crypto do Black Friday?

The crypto market does not offer any discounts on digital asset prices. However, crypto-based products and services may offer promotions and sales.

What’s the cheapest day to pay crypto?

Some crypto traders would argue that weekends present the best buying opportunities in crypto. This is because fewer traders are in the market, which could mean that big orders from individuals could clear large sections of an order book and make prices more volatile.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Finn Miller

Finn Miller is a New Zealand-based blockchain writer for DailyCoin who specializes in simplifying complex blockchain topics. He is experienced in crafting whitepapers, researching on-chain data, and advising emerging crypto projects, and uses his unconventional approach to learning and passion for knowledge to provide cornerstone educational content for readers of all levels. When not exploring the depths of DeFi, Finn can be found exploring his other passion, the great outdoors.