Buy Gift Cards with Ethereum

Cryptocurrencies (also called Cryptocoins) are an exciting field of experimentation for the payment options of tomorrow. Systems that work with a block chain cannot simply be switched off or even manipulated. This makes the transactions particularly secure. Since Bitcoin, the first crypto currency, was launched in 2009, a large number of digital currencies have established themselves worldwide. One of these is ether. With the second largest coin, you can already use a large number of different services. Although it is still difficult to pay directly in the shop or restaurant with ether (especially because the technical requirements are still a bit difficult at the moment and the block chain is constantly being improved), there are now solutions how to pay credit directly from ether quickly and easily without first having to exchange it into currencies like Euro or US dollars. At this point we at Coinsbee also start. As a platform for credit codes and gift vouchers that can be paid for with digital currencies, we broker a wide range of vouchers from well-known providers and companies in the fields of e-commerce, mobile phones, gaming and payment services. Coinsbee enables you to have a real payment option with Ether in many situations, even though it is not officially offered by the operator.

For example at Amazon: The general store among online retailers accepts vouchers for pretty much all business areas. For example, an Amazon voucher purchased on Coinsbee and paid for with ether can be used not only to buy new books, electronics, household appliances or everyday items, but also to take advantage of Amazon's many services. Preferred deliveries with Amazon Prime, music and Bundesliga Live with Amazon Music, as well as all services related to Echo & Alexa. Once booked on Coinsbee, you can use your Amazon voucher immediately. We currently carry vouchers for Amazon with values between 5 and 100 Euros. You can also use Ether for your company to shop at Amazon. Get your Amazon Business Gift Certificate and enjoy the benefits of the company discount on Amazon. You can also pay for Amazon Fire TV and all Kindle e-book reader products with credit that you have purchased here on Coinsbee with Ether. Of course amazon is not the measure of all things. That's why you can also pay for credit codes for other e-commerce platforms with crypto money via Coinsbee. The hottest fashion trends on Zalando for example. Or credits for the auction house ebay. Pay for your ebay purchases with Ether or book your ebay Plus subscription with vouchers that you have loaded with crypto money on Coinsbee.

Paying with crypto money is really fun, also in the mobile phone sector. All network operators have always accepted prepaid cards, which you can purchase in many variations. To pay with ether, however, you can save yourself the trip to the cash register. Here on Coinsbee you can book your voucher directly for the provider of your choice. Whether Telekom Deutschland, Vodafone, E-Plus or o2: you can top up any prepaid card with Ether. The credit code will be sent directly to your e-mail inbox after a successful transaction. You can then use it immediately to top up your credit account. Do you like to save money on calls and mobile surfing? No problem! Even the well-known mobile phone discounters like Simyo, Fonic, blau.de, BILDMobil, Base and many more are bookable on Coinsbee. Simply select your desired credit balance in the shopping cart, click on pay and the transaction with Ethereum will start. By the way, we also carry credit cards of some mobile phone providers from other European countries. Here you can book credit for providers in Belgium, the Netherlands, Ireland or Great Britain. But even if you make a lot of calls with your family in your home country and use providers such as Lebara or Turkcell, we have solutions for you on how to pay your mobile bills with ether and other crypto currencies.

The idea for Ethereum came from the Russian-Canadian software developer Vitalik Buterin. He outlined it in 2013 in his essay "Ethereum: A Next Generation Smart Contract & Decentralized Application Platform". The network itself was launched in the summer of 2015 by Buterin together with former Goldman Sachs manager Joseph Lubin. The ether traded in the Ethereum network reached a market capitalization of an incredible 500 million USD at the start and doubled this summer again within only a fortnight. The network is now managed by the Swiss Ethereum Foundation. Within the network itself, all kinds of digital currencies can be traded, but they must first be exchanged for ether. Ethereum is the number two crypto-currency system in terms of current market capitalization. The special feature of Ethereum is its diversity. In contrast to Bitcoin, which is only a crypto currency, Ethereum has several features. The Decentralized Apps (DApps) form the basis for this. These applications, which in turn consist of Smart Contracts (computer protocols that map contracts), are used for various purposes. For example, to implement crowdfunding, e-voting systems or identity management. Ethereum can be used with the in-house Ethereum Wallet, MyEtherWallet, Parity or Exodus. However, these are only a few wallets for the Ether, which you can choose from a variety of different software solutions.

Ethereum is still in the so-called proof-of-work mode. This means that not all originally outlined project phases have been completed. The Ethereum network consists of so-called "nodes". At Ethereum, this is the name given to computers that are part of the Ethereum network. Full Nodes or Light Nodes and so-called Mining Nodes are listed on these computers. While a full node writes a complete copy of the block chain, a light node is only an extract of the block chain (also called light client). The mining nodes confirm the mining transactions. Mining ether, i.e. actively creating values in the block chain, is not very easy. In this process an algorithm (ethash) is executed on the processor (CPU) or the graphics card (GPU). For this process a miner is rewarded with ether. In order for individual miners to earn more ether, they often group their computers together to form mining pools.