CryptoBuxx announced crypto gift cards are now available for individuals who want to give a physical card, the size of a credit card, as a gift to someone who may not have a crypto wallet. CryptoBuxx crypto gift cards are available in specific denominations backed by crypto coins. While the value of the underlying crypto will fluctuate with market conditions, the face amount of the CryptoBuxx does not.
CryptoBuxx are crypto gift certificate and crypto gift cards, available in specific denominations of popular crypto coins including Bitcoin, Cardano, Dogecoin, Shiba Inu and Tether. CryptoBuxx gift certificates are offered in paper, plastic cards or digital form, making it possible to give a crypto gift to someone who does not have a crypto wallet.
“Giving gift cards is a well-established way of giving presents to family and friends,” said William Rice, Founder of CryptoBuxx. “You can’t walk into a grocery store today without seeing a rack full of different gift cards for restaurants, Amazon, Apple, movies and many other businesses. These gift cards are a convenient way to transfer value in the form of gift while knowing how the finds are going to be spent. However, they are meant to be spent and not used for long term growth. That is how our CryptoBuxx crypto gift cards are different.”
The first crypto gift cards available will be 0.005 Bitcoin (BTC) and 250 Dogecoin (DOGE). CryptoBuxx expects to make additional coins and denominations available In the coming months.
“CryptoBuxx is the first physical gift card available to consumers,“ said Rice. “While several exchanges provide gift codes, they recipient needs to have an existing wallet on their exchange to redeem it. CryptoBuxx goal is to make it easy to give the gift of crypto even if the recipient does not yet have a crypto wallet.”
CryptoBuxx gift certificates were introduced in 2021 and include the popular cryptocurrencies Bitcoin (BTC), Cardano (ADA), Dogecoin (DOGE), Shiba Inu (SHIBA), and Tether (USDT). They are available in both printed and digital forms.
- Printed – Printed on offset-presses, the colorful printed CryptoBuxx are 2.625 x 6.125 inches, approximately the size of a US Dollar bill. It features images from the crypto coin’s website on two sides. A security code is covered with a scratch off covering for additional security.
- Digital – The digital version of the CryptoBuxx is a PDF that can be downloaded or delivered via email. The files include an image of the front of the Buxx design along with directions on how to redeem.
Each CryptoBuxx contains a 256-bit encrypted serial number along with a covered security code that are required for redemption. A QR code is included to allow user easy access to our website for redemption or to check the current value.
The price of the CryptoBuxx is the cost of the crypto coins plus $3.99 for Gift Cards, $2.99 for Paper CryptoBuxx and $0.99 for Digital CryptoBuxx that can be emailed and printed anywhere. CryptoBuxx are redeemed based on a specific number of coins, not a dollar value, so the value of the coins when redeemed may be higher or lower than when purchased. There is no additional cost to redeem. Payment can be made via credit card or several crypto currencies.
CryptoBuxx is the easiest way to share crypto with anyone. The recipient does not need a crypto wallet to receive a CryptoBuxx. The CryptoBuxx Website will provide step-by-step instructions on how to establish an account at a leading Crypto Exchange, like Coinbase or BitMart, and then redeem the crypto directly into that account.
Certificate Exchange, Inc. was formed in 2021 to launch an innovative gift certificate program to introduce new individuals to crypto currency by making it easy to give crypto currency. CryptoBuxx facilitate the transfer of small amounts of specific crypto coins (Bitcoin, Ethereum, Cardano, Doge, Shiba Inu and Tether) to individuals with or without an existing crypto wallet. Coins can be transferred into a crypto wallet at any time.
How CryptoBuxx work
Cryptocurrency, or crypto as it is commonly known, is a digital asset designed to work as a medium of exchange. Individual coin ownership records are stored in a computerized ledger using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership. Before CryptoBuxx, the recipient would need to already have a crypto wallet in order to receive crypto coins. Now coins can be given as crypto gift card or gift certificate and redeemed later.
When an individual comes to the CrytoBuxx products page, they can select the crypto coin and denomination and type (card, paper or digital) and number of Buxx requested. The system will price the coins at the current market value including transaction costs, and the individual can add them into their shopping cart for purchase. CryptoBuxx can be purchased with credit cards or several popular crypto coins including BTC, BNB, Link, ADA, DOGE, SHIBA, HNT, USDT and USDC.
Once a CryptoBuxx is purchased, the corresponding crypto coins are purchased and held in a cold wallet offline for added security. The CryptoBuxx is then activated and awaits redemption. When the CryptoBuxx is redeemed, the coins are transferred to the redeemers crypto wallet. The CryptoBuxx website walks new users though creating their first crypto exchange account if they do not already have one.