Buy Gift Cards with Litecoin

With the Litecoin you can already pay on the internet since 2011. Over the years, the points of acceptance for Litecoin and other crypto currencies have grown, but this means of payment is not a generally accepted standard. How would it be if you could pay each of your bills with Litecoin as a matter of course? Your rent, telephone, electricity, the food in the restaurant or your shopping in the supermarket? We at Coinsbee have thought about this and created a solution how you can pay at least a part of your daily shopping with Litecoin. The solution is coupons. Almost all major online shops accept gift certificates or credit cards as a means of payment. You can top them up with money in the normal way and deposit this credit via a code on the website of the online shop. The next time you shop there, the credit will be automatically deducted from your invoice. This is where Coinsbee comes into play. Only here at Coinsbee you will find a large selection of credit cards and vouchers from the sectors e-commerce, telecommunications, gaming and payment services. All credit codes you pay with us exclusively with crypto currencies such as Litecoin. But we also accept rare digital currencies. So you can top up your credit on our platform with crypto money and you will immediately receive a credit code by e-mail, which you can redeem immediately for payment on the platform of the respective provider.

What would your life be without music? Your favorite songs are the soundtrack for all the things you experience during the day. With the right streaming service, such as Spotify, Deezer or Apple Music, you carry the entire music business in your pocket and are always provided with good music. It doesn't matter if you have WLAN available or if you are sitting somewhere in the mountains without mobile phone reception. Of course, Deezer or Spotify are best, if you have the ad-free subscription. From now on your monthly payments will only be paid with vouchers that you have purchased with Litecoin on Coinsbee.
Of course you do the same with your Netflix account. After all, movies and favorite series are simply part of the relaxation in your life. With the Netflix vouchers, purchased with Litecoin via Coinsbee, you can pay for your premium subscription monthly quickly and easily with money from the block chain. Do you have a prepaid tariff on your mobile phone? Then use Coinsbee from now on to top up your mobile phone credit. All network operators and many mobile phone discounters accept credit cards that have been sold on Coinsbee. You can even choose how much credit you want. If you travel a lot in Europe, you may have a prepaid SIM card from a local mobile operator. Here at Coinsbee you can buy credit for some foreign phone providers. For example, in Great Britain, Ireland, Belgium or the Netherlands.

Whether you play on your console only occasionally for relaxation, or as a real power player you have a gaming PC next to your PS4 - a game is only really fun if you put a little money into virtual equipment. Collect new skins, buy better weapons or take home lots. Credit codes have long been accepted in the gaming industry. You can get a credit card for PlayStation, Nintendo or Xbox at any supermarket checkout these days, but you can't pay with Litecoin. It's much easier (and faster) to exchange your gaming prepaid cards for Litecoin on Coinsbee. Just find the correct gaming platform, select the desired credit and pay with Litecoin. The credit code will be sent to your registered e-mail account immediately. It can be used immediately (and is valid for up to 24 months on most platforms). By the way, you can also track the exchange rate on Coinsbee very transparently. It is displayed in real time in Euros on the purchase page below the purchase amount, including the exchange rate in US dollars. So you always know whether the exchange rate is right for you. With a bit of cleverness you might even save a cent or two when paying with Litecoin due to currency fluctuations.

Common transactions with Litecoin, Bitcoin and co. can often be very nerve-wracking. Because the transactions have to be noted in the block chain, but on the other hand the resources are limited, there are always delays of hours for a transaction. For comparison: while VISA can handle an impressive 65,000 transactions per second, Bitcoin only manages 7 transactions per second. You can accelerate a transaction in the Bitcoin Network by paying the highest possible transaction fee. This is where the idea of the Lightning Network comes in: Because with Lightning, a layer for the Bitcoin network, you speed up your transactions to the maximum and reduce your fees significantly. The Lightning Network behind the Litecoin has revolutionized the transfer of crypto currencies. Unlike the Bitcoin network, Lightning outsources the confirmation of a transaction from the block chain. The principle is very simple: Through an intermediary, who also uses a Lighting Wallet and who you know, you can forward transactions. This is because this acquaintance also has another acquaintance who can act as a middleman. In this way, the Lightning Network is a combination of many trusts that vouch for the correctness of the transaction. The execution of a transaction no longer depends on the mandatory quotation in the block chain, but is processed via a system of trusts that bypasses the block chain. Only after a successful transaction is the result entered in the block chain. This system is therefore much more cost-effective and, due to its efficiency, also much faster than the conventional Bitcoin network. You can see it for yourself: you can only win by using Lightning. Of course you can also pay for your vouchers and credit cards on Coinsbee using Lightning technology. For both Android and iOS there are different wallets available in the Lightning Network. Wallet of Satoshi, Breez or Bitcoin Lightning Wallet are just a few examples of functional and powerful Lightning Wallets. You have never settled bills more easily and above all faster with the help of the Blockchain.

The Litecoin was released on GitHub on October 7th 2011. The open source client and the crypto currency behind it, Litecoin, is an invention of US-based developer Charlie Lee. The former Google employee is now chairman of the Litecoin Foundation. The Litecoin is technically almost identical to the Bitcoin. However, there are some differences. The most important one is speed. While in the Bitcoin network transactions are only confirmed every ten minutes, in the Litecoin this happens every 2.5 minutes. This speed ultimately leads to more Litecoin, as the currency is more popular for speed. While Bitcoin works with SHA 256, the Litecoin is encrypted with "scrypt". The proof-of-work concept distributes the mining evenly over as many people as possible and prevents centralization. Scrypt is an encryption method that makes Brut Force attacks more difficult, which makes the Litecoin overall even more secure than comparable currencies. The exchange rate of the Litecoin has been subject to strong fluctuations in the past. Starting at 21.50 USD, it quickly dropped to below 5 USD. In 2017, the fourth largest crypto currency then experienced a rapid rise to up to USD 300 per 1 Litecoin. In the meantime, the Litecoin has settled down to a stable value of around 40 Euro per coin.