The crypto world has seen better days than the draught that we are currently experiencing. To make things worse, our all-time favorite store Purse.io had announced that it is going to shut doors for all the users.

This was devastating news as Purse.io was a great website to visit when you wanted to set your price for the items that you buy on Amazon. Without having to convert any cryptocurrency to fiat, Purse.io was an excellent choice for online shoppers who were also interested in the crypto world.

Just when things seemed to have gone completely wrong, a light started to appear out of nowhere. This light gave us hope again as Purse.io was no longer shutting down! With a change in leadership, the project has been declared to provide services for both buyers and sellers.

What is Purse.io?

Purse.io is one of the most loved online platforms in the cryptocurrency world. If you have been always converting your crypto into fiat before buying anything online, consider giving Purse.io a try. The best part of Purse.io is that you get to set the bid of the amount that you are willing to pay for a particular product.

Buy on Amazon using Cryptocurrency
Photo by Christian Wiediger / Unsplash

This means that you could also be getting discounts as high as 15% on some of your bids. Once someone is willing to accept your bid, your order on Amazon will be satisfied and will arrive at your doorstep. It would be as though you paid using cash. However, it would be someone else who would have paid on your behalf. Let us now have a look at the steps that you would need to follow to place your very first order on Amazon using Bitcoin.

Steps to buying products on Amazon using Bitcoins:

So, if you are new to the world of cryptocurrency let me break the ice. Amazon does not directly accept Bitcoin or any other cryptocurrencies for that matter. You can, however, convert your Bitcoin into gift cards and then use it on these E-commerce websites. To make things a whole lot easier, Purse.io offers a perfect solution where you can send your cryptocurrency to other users who would then buy the product on Amazon for you.

Step 1:

If this is your first time on Purse.io, you need to first register using your email address on this website. You can either choose to use your email address and provide all the details required or you can also choose the Google+ social login. Lifehack- Always choose social login as this minimizes the number of times you need to enter the details. Once registered, you are all set to go to the next step of the process.

Step 2:

To get started with Purse.io you need to first log into your account. Once you are in, you will be able to see two different options. One would be to shop for yourself on Amazon and the other is to shop for others and earn crypto in the process.

By choosing the earn option, you will be able to buy products on Amazon for others. In return, you will receive the cryptocurrency that they bid. So, unless you are happy with the bid amount, you need not have to accept the buy order.

If you want to buy something for yourself on Amazon, you can search for the product on the platform. You can also search for the link to the product which would make your life a whole lot easier.

Step 3:

Once you have selected the product that you wish to buy, you can click on the cart icon on the website to continue with the order. You will need to either provide your complete address if this is your very first time or you can also choose for one of your saved addresses if you had previously used the services provided by Purse.io

Step 4:

Now comes the fun part. You will be able to set your discount on the product. Remember, this is the discount on top of the existing offers on Amazon. Thus, making it a great deal. If you are a new customer, the maximum discount is set at 15%. So, take full advantage of this discount by simply using Bitcoin. Once you set the discount, you can continue to make your payment.

Step 5:

On the payments page, you can pay for your product in cryptocurrencies such as Bitcoin, Bitcoin cash, etc. Remember, your order will not be placed immediately. For your product to be bought, someone needs to accept your offer. They, in turn, would purchase your product for you and would get cryptocurrency in return.

Conclusion:

Now that you know how useful Purse.io is in the decentralized world, you can imagine how relieved everyone was when the news broke out. With Purse.io we are moving closer towards using cryptocurrencies regularly. SO, if you haven’t used their service yet, do give them a try.