Coinsbee Lets Users Shop at Macy’s with Bitcoin, Litecoin

With Coinsbee, Macy’s customers can now buy gift cards using Bitcoin, Litecoin, or 100 other cryptocurrencies.

Woman standing on a Macy's logo with bees and bumblebees flying around, carrying Litecoin and Ethereum coins.
  • Coinsbee allows crypto users to buy at Macy’s using Bitcoin, Litecoin, and 100 other cryptos.
  • Services like Coinsbee allow people to use crypto with merchants that don’t yet accept it.  

For crypto adoption to pick up, users need an easy way to buy and spend their coins. In March, Coinsbee made it easier to do so by adding Macy’s to its offering of gift cards for crypto. Crypto holders can now use Coinsbee to buy Macy’s gift cards with Bitcoin, Litecoin, and over 100 other cryptos.

This gives users more options to spend their crypto, as Macy’s is one of the largest and most popular US department stores. Another benefit for US-based customers is that Macy’s gift cards never expire.

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Coinsbee is one of several online services that enable users to purchase gift cards with crypto. Coinsbee lets users buy gift cards from other major retailers, including Amazon and Walmart. Additionally, shoppers can purchase online games with Steam, Nintendo, and Blizzard’s Battle.net cards.

Furthermore, Coinsbee offers the ability to buy a prepaid Visa card, which works with all merchants that accept Visa. 

Services that enable users to sell gift cards for crypto are creating another use case for digital currency. By enabling users to do more with crypto, crypto holders are likelier to hold on to their digital assets for longer. 

On the Flipside

  • Coinsbee is one of several services that enable users to buy Macy’s gift cards with crypto.
  • Macy’s did not directly partner with Coinsbee for this offering. However, Macy’s gift cards that users purchase through Coinsbee are valid.

Why You Should Care

Services like these help boost the adoption and circulation of digital currencies, boosting crypto prices. 

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Learn more about buying gift cards with crypto: 

Crypto Users Search for Workarounds for Making Payments

Read about this year’s biggest crypto event in Europe:

Paris Blockchain Week 2023: Main Highlights of the Event

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
David Marsanic

David Marsanic is a journalist for DailyCoin who covers the intersection of crypto, traditional finance, and government. He focuses on institutionalized crypto entities like major cryptocurrency exchanges and Solana, breaking down complex topics into easy-to-understand writing. David's prior experience as a business journalist at various crypto and traditional news sites has enabled him to maintain a critical approach to news while adhering to high journalistic integrity standards.