To put this into perspective, Amazon discounts range from 10% to 22%. A smaller discount will usually sell out quickly. India has been a hotbed of Bitcoin activity in recent years, and the newly established partnership between Purse (a Bitcoin e-commerce platform) and Unocoin (a leading Indian Bitcoin company that provides Bitcoin wallet services) will allow local residents to shop at discounts on Amazon. As the use of cryptocurrencies has gained great momentum in India, this has led many companies to explore the cryptocurrency market. Purse wants to improve the online shopping experience for locals while also offering an attractive discount to Bitcoin users. Amazon has quickly become a favorite among Indian e-commerce shoppers. Amazon has a global presence, but it is gaining more traction in India. With a huge variety of products available, and extremely fast delivery, Amazon is set to gain more attention from merchants in the coming years. Bitcoin, Unocoin, Purse, and Amazon are a powerful combination. Anyone who is into Bitcoin will immediately think of Purse.io when they mention Amazon. This unique platform allows Bitcoin holders to shop at Amazon at a discount. Bitcoin users can sell Bitcoin to people who want to buy cryptocurrencies using unspent gift cards. The buyer uses the gift card to buy something the Bitcoin holder wants to buy, and he/she receives a certain amount of Bitcoin. The user who uses the gift card will have a small additional fee when making a purchase, which gives the Bitcoin user a discount when making a purchase. To put this into perspective, Amazon discounts range from 10%-22%. A smaller discount will usually sell out quickly. This creates another incentive for people to get Bitcoin - through Unocoin. Amazon doesn't accept Bitcoin directly, but through the Purse platform, this is perfect. Since Bitcoin holders can determine their own discounts through Purse, there are many different options. Until now, although India's cryptocurrency community is thriving, it is still unclear whether there will be a large demand for Bitcoin here. At the same time, there are still quite a few people in India who have unused gift card balances. Amazon's Mechanical Turk program lets workers complete tasks that computers can't do. In return for their labor, they can receive some income, including a dollar check or Amazon gift card. For those Mechanical Turk workers who want to spend their gift card balances, Purse is a place worth exploring. Purse and Unocoin's partnership is a great way to promote Bitcoin in India. It also addresses a market problem that is waiting to be solved. Amazon is set to be a big success in India, and Bitcoin companies can follow suit. The future of Bitcoin in India is sure to be interesting. |
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