Many crypto currency holders will be use their holdings to purchase Christmas presents and Black Friday discounts, despite the fact that the value of cryptocurrencies has increased dramatically over the previous three months. This year’s Bitcoin Black Friday will take place on November 26th, and the cryptocurrency payments company Bitpay has revealed a number of businesses that will be offering special bargains to customers who pay with digital assets.
Bitpay, the world’s biggest cryptocurrency payments service, has published a list of merchants with whom it has formed partnerships and who will offer special incentives to Black Friday consumers who choose to pay with cryptocurrencies. The annual celebration of Bitcoin Black Friday has been going on for years, and bitcoiners have always been on the lookout for good discounts when the time comes to shop.
Several retailers are offering special bargains via Bitpay, although some of the deals will only be exposed throughout the course of Thanksgiving week, which runs from Thursday to Friday. Among the Bitpay businesses taking part on Black Friday this year are Ace Jewelers (20 percent off selected goods), and the precious metals bullion dealer Apmex, which will offer clients the cash price when they pay in cryptocurrency.
When a consumer purchases a €500 e-fast gift card from Fast Private Jet, the firm will upgrade the card to a €1,000 card at no additional charge. Stephen Pair, the CEO of Bitpay, noted that the company is experiencing a significant increase in the number of consumers who are opting to use cryptocurrency payments.
“We are seeing an increase in the number of consumers who want to live their lives on cryptocurrency, and the holiday season provided us with another excellent opportunity to support consumers who want to make purchases and merchants who accept cryptocurrency payments,” Pair said during the announcement of the Black Friday merchants.
‘As the price of bitcoin, bitcoin cash, ethereum, litecoin, and doge continues to rise, crypto aficionados are searching for a means to cash-in and spend their winnings on Christmas presents, while Bitpay merchants are hoping to attract new customers during the busy holiday shopping season,’ Pair said.
Bitpay also announced that Hostkey would provide a 10 percent discount on particular dedicated server plans, while Jomashop.com will offer a $70 discount for every $1,000 spent via the payment processor’s platform. This Friday, the prominent ecommerce site Newegg will provide a 20 percent discount on certain purchases over $500, while the youth clothes retailer Pacsun will offer special discounts to Bitpay users as well as other merchants.
While buying at Sonic Electronix with their Bitpay cards, customers will be eligible to win a vehicle audio package upgrade as well as a $100 Sonic Electronix gift card. Furthermore, buyers who purchase $10,000 or more will get a $300 discount on all goods from Wrist Aficionado.
In addition to unique prices and promotions from Bitpay merchants, the online site bitcoinblackfriday.com will provide special deals and promotions for Black Friday customers who want to make purchases using bitcoin. At the time of writing, bitcoinblackfriday.com’s bargains are not presently accessible, but a statement on the site claims that they will be available “soon.”
As part of its Black Friday promotion, Bitpay is also giving a special discount on its cryptocurrency card, which will be available for free to residents of the United States exclusively. The Bitpay Merchant Directory is a comprehensive listing of all of Bitpay’s participating businesses.
