CryptoRefills Launches Avalanche Blockchain Payment Option
Amsterdam
Amsterdam, May 20, 2021, CryptoRefills launches Avalanche blockchain payment option, to enable a new fast and lower fee payment experience for users buying gift cards with cryptocurrency.
CryptoRefills, a shopping platform that allows people to shop for everyday needs with Bitcoin and other cryptocurrencies, has integrated Avalanche, an open-source platform for decentralized finance applications prioritizing scalability, simplicity, and instant transaction finality.
Due to high demand and network congestion, some of the most popular blockchain networks have seen increasingly high transaction fees, making the use of cryptocurrencies for shopping for everyday needs more expensive for users. With the Avalanche payment option, users will be able to make purchases on CryptoRefills with the top ERC20 compatible stablecoins, with immediate confirmation and close to zero transaction costs. Furthermore, with a rapidly growing DeFi ecosystem on Avalanche, its community can now use CryptoRefills to bridge the Avalanche DeFi domain with real-world goods and services.
Massimiliano Silenzi, CEO of CryptoRefills commented: “One of our goals for 2021 is to bring to our users the newest and most innovative payment options that can improve transaction speed and reduce fees. We are excited to offer Avalanche, one of the most promising blockchain platforms, that will provide a streamlined payment experience for our users.”
About Cryptorefills
Cryptorefills empowers people in over 180 countries to meet their everyday needs by purchasing products and services with cryptocurrency. From topping up mobile credit and purchasing gift cards from the world’s leading brands to booking flights across 300 airlines and stays across over 1 million hotels and properties, Cryptorefills offers a seamless blockchain-purchase experience. As an early adopter of the Bitcoin Lightning Network and the first ecommerce in the world to adopt Ethereum Layer 2 and scalable blockchain stablecoin payments, Cryptorefills is leading the innovation in decentralized payments. Headquartered in Amsterdam, Cryptorefills is a fast-growing fintech and a proud member of the Holland Fintech Association and Blockchain Netherlands Foundation.
Cryptorefills is also very active in researching and educating on consumer spending of cryptocurrency in retail through its Labs initiative and publishes an annual report on the global use of crypto for purchasing goods and services.
For information and press enquiries
media@cryptorefills.com