It Is All About BTC, LTC, ETH, DOGE, KAS mining as well as other alternative crypto currencies
Back in January Facebook announced it will ban advertisements promoting cryptocurrencies and initial coin offerings due to concerns of misleading and deceptive ads being shown on their plaforms that could lead users to scams. Facebook’s ban also covered other financial products and services and not only crypto currencies and although it has been in effect for a while one could still see some crypto-related ads on Facebook.
The good news is that there are already some platforms available and others are popping up that are targeting the crypto currency advertisement space. Unfortunately these platforms also do have the same issue that Google and Facebook are facing – concerns that some of the advertisers might try to mislead and scam users.
Gyft is an interesting online service for purchasing gift cards for leading online retailers such as Amazon, Gamestop, Facebook, JCPenny, Nike, Old Navy, Sears, Staples, Target, Victoria’s Secret and many others that accepts Bitcoins as well as other typical payments methods. This allows you to actually shop with Bitcoins in stores that normally do not accept crypto currency payments directly, by first obtaining a gift card for a given amount that you pay for with Bitcoins. Of course you can also send the gift card to someone else in the form of a gift that the receiver can use in the specific store and you can pay with crypto without first having to go through an exchange to turn the Bitcoins in USD for example.
– To check out the Gyft options for different electronic gift cards…