Last Updated on 3 months by Komolafe Bamidele
Can you shop online with Bitcoin? Yes, you can. Can you buy stuff on Amazon with Pay with Bitcoin in Amazon? Yes, but not directly.
Amazon is the largest eCommerce website in the world and that means it accepts various modes of payments which is important for it to serve its large customer base. Unfortunately, Amazon is yet to give bitcoin a thought.
The eCommerce company does not accept bitcoin as a form of payment and it isn’t showing any signs that it will do so in the future.
So, how can you pay with Bitcoin in Amazon? Well, to pay with Bitcoin in Amazon, you will have to use third-party payment companies.
These companies allow you to exchange Amazon gift cards for bitcoins and to purchase from Amazon using bitcoins.
There are many of these third-party companies that you can use to pay with Bitcoin in Amazon, but I am going to explain just one of them in depth.
This company is one of the most trusted services through which you can purchases goods from Amazon and to pay with Bitcoin in Amazon.
I’m also going to list other options you can try out.
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Purse is a popular tool that allows you to pay with Bitcoin in Amazon, exchange Amazon gift cards for Bitcoins and to get discounts on purchases from Amazon.
Purse acts as a middleman; connecting Amazon gift card holders with users who want to purchase items on Amazon.
To be able to use Purse to purchase from Amazon, you will need to add the product you want to buy to your Wish list. You will have to make your wish list public and share it to get the shareable link. The link is to be posted on the Purse website, and then you can place your order and pay with Bitcoin.
Other Companies You Can Use To Pay With Bitcoin in Amazon
Moon is another cryptocurrency payment processing company that allows you to purchase products from Amazon using Bitcoins.
To pay with Bitcoins in Amazon through this company, you will have to add their extension to your browser.
When you browse on Amazon and navigate to the checkout page, the extension will automatically pop up. The extension inserts the company’s own payment widget; through it, you can see how much you’re going to pay in cryptocurrencies before finalizing the transaction.
Moon also allows you to make payments with Litecoin, Ether or Bitcoin Cash. To make payments through the platform, you will have to open an account with them and deposit funds into your wallet. You will be charged from your wallet whenever you make a purchase.
The company also allows you to pay for stuff on Amazon with your crypto balance on your Coinbase account. This means, if you have a Coinbase account, you wouldn’t have to worry about funding your Moon wallet.
You can simply buy in Bitcoin by connecting your Coinbase account to your Moon account and get your transactions processed in seconds.
Currently, Moon processes transactions in two ways. It uses normal bitcoin transactions to make and confirm payments, however, this can take some time as the transaction would first be confirmed on the Bitcoin blockchain.
Another and a more effective way through which Moon processes transactions is the Lightning Network. You can make payments with any Bitcoin wallet that works on top of the Lightning Network.
Through the Lightning Network, you’ll be able to make faster transactions. Currently, Moon doesn’t charge any additional fees its services so you can go ahead to use it to pay with Bitcoin in Amazon.
You can try out Spectrocin if you want to pay for goods on Amazon using Bitcoin or other types of cryptocurrencies. The site allows you to open a free blockchain wallet and deposit funds into your wallet.
Whenever you want to pay for a product on Amazon through Spectrocoin, you will be charged from your blockchain wallet. Spectrocoin doesn’t actually allow you to make purchases on Amazon using bitcoin.
You will have to purchase gift cards on Spectrocoin using bitcoin, then you can use the gift cards to purchase items on Amazon.
Just like Spectrocoin, Paybis allows you to purchase Amazon gift cards using Bitcoin which can then be used to purchase items from the eCommerce platform.
Paybis allows users to exchange the value of their Bitcoin directly to Credit/Debit card funds. This means that you will have to sell your Bitcoins and have its value transferred to your card. Then you can go ahead to use the funds to buy gift cards that can be used to purchase goods on Amazon.
Although this seems like a long process method , it is one of the safest ways to pay with Bitcoin in Amazon.
Bitrefill uses almost the same pattern as the other options we have listed above. To buy stuff on Amazon with bitcoins, you will have to first buy Amazon gift cards.
Bitrefill allows you to purchase Amazon gift cards by paying in Bitcoin.
- To do this, you will have to create a new Amazon order.
- On the payment page, select a voucher amount and select Bitcoin as the cryptocurrency you’d like to pay with.
- After successfully creating the order, log into your Bitcoin wallet and either paste the Bitcoin address or scan the QR code on the Bitrefill page to complete the transaction.
Once your payment is confirmed, you will receive a voucher code that you can redeem on the Amazon app.
Wrapping Up How To Pay With Bitcoin in Amazon
Whichever company you choose to use, you should know that these sites are third-party apps and they are not directly affiliated to Amazon.
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Sites like Moon which allow you to pay directly with Bitcoin convert the cryptocurrency into fiat currency before paying the merchant.
If you’re using a site like Moon, you wouldn’t have to worry about additional fees when making purchases.
Other sites might charge you a fee or several fees for purchases, but these fees are usually small compared to the amount you’re spending to purchase the product.