With so many options out there I think I'm getting dumber... What options do you guys use to cash-out small amount of sats (say $10-15) to pay a bill when the vendor does not accept BTC or LN?
Cash App? or Debit card? I mean ideally would be to send my sats to my bank, but that ain't possible.
As much as I want to stay on BTC and LN side, sometimes you just need to use fiat to pay few bills.
What's your method for that? I mean no 100 steps process, just simple and user friendly.. or we not there yet?
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12 sats \ 3 replies \ @fm 12 Feb 2024
1 step - bitrefill
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0 sats \ 2 replies \ @JesseJames OP 13 Feb 2024
Hmm, are you sure? I got one MC card for $20 but I can't use it anywhere, it gets denied and when I call customer service they try to sell me a medical device....lol I think I just lost $20
What's option 2?
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0 sats \ 1 reply \ @fm 13 Feb 2024
MC as in macdonalds?
whats thr problem redeeming?
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0 sats \ 0 replies \ @JesseJames OP 13 Feb 2024 freebie
lol, no... it was a Master Card but there is a limit where you can use it , the list of 86 vendors, rather limited if you ask me. My bad cuz I didn't read the fine print, but just do everyone knows. wise.com or proton top-up or any subscription is a no-go... You can use it at Panera Bread...lol and BassPro and others like that, so not total waste, but yeah, limited. The whole point was to send it to my bank, but that ain't happening. Live and learn then
0 sats \ 0 replies \ @cryotosensei 1 Jun 2024
I think what @fm meant was to buy a gift card that you can directly use with the merchant with Bitrefill. So I buy NTUC grocery (supermarket) or GrabFood food takeout (super app) gift cards from Bitrefill. These gift cards are directly stored on my NTUC n Grab apps and ready to be used when I need them.
You can check out whether the list of merchants available on Bitrefill suits your needs.
The Bitcoin Company also allows you to buy gift cards.
You probably lose some money due to processing fees this way, but with the Bitcoin I earn from the Cointiply faucet, I transfer it to Gemini, convert it to fiat and then send the fiat to my bank account.
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