What are Amazon Coins? How to Use Amazon’s Digital Currency?

What are Amazon Coins
Amazon Coins

The Amazon Coins is a digital currency, and it was launched in the year 2013. So what is digital currency? Digital currency is a balance stored in a distributed database on the Internet which you can use anything without using any kind of card and bank details.

Few examples of digital currencies are:

  • Cryptocurrencies
  • E-cash
  • Virtual currencies

All these currencies are used in different scenarios and in different ways. Previously Crypto was the most used digital currency and was high in demand. But after the water bubble burst for crypto, everyone switches to different nodes, out of which one is Amazon Coin.

Also See: Best Selling Amazon Products

Now, speaking of Amazon Coins. It is a digital currency that can be used to pay for things. If you are a person who makes a lot of in-app purchases or buys software on Android and Kindle devices like games, and apps then these coins may be of very much use to you. These coins are developed by Amazon.com, and the purchases can be made via their app store, Amazon.com, or within available apps.

Worth of Amazon Coins

One Amazon Coin is worth 1 US cent, which means 100 Amazon coins are equivalent to $1. This is just like the normal US currently but the difference is, we don’t need to carry any cash or card with us, we can use these coins by just using any of our Amazon devices or by using Amazon application.

How to use Amazon Coins?

Amazon coin

The first most important thing is that you will either need to use a Fire Tablet or TV or install the Amazon App Store on your Android device to use the Amazon Coins without using amazon application or any other amazon device we cannot use any kind of Amazon coin.

Also See: Best Airpods Charging Stand on Amazon

Steps to use Amazon Coins:

  1. The first step is to find the app or in-app item/object that you want to buy
  2. Select the item/purpose of your choice and add it to your cart.
  3. Click “Buy Now.”
  4. When purchasing a selected topic, select Amazon Coins as your payment option. The Amazon Coins will be spent by default if you have enough.
  5. In case you don’t have enough coins, you can buy more at a discounted rate.
  6. On the next screen, click “Done”.

How to get Best Amazon Coin Deals?

You can buy coins on Amazon very easily. Just follow the mentioned points:

  1. Search for “Amazon Coins” on Amazon
  2. Add the number of coins to your cart.
  3. And, now buy with a one-click option.

The best deal:  The more you buy, the more you save. For instance, if you will purchase 300 Amazon coins worth $3.00, you will only have to pay $2.97. Similarly, if you will buy 5000 coins worth $50.00, you will have to pay $41.40 only. So, it is always better to add more money to amazon account as at the end you are going to use that money in any form. You can purchase goods from Amazon as well as you can do many things using it.

Buy Amazon Coins

Do these Coins expire?       

No! These coins never expire so. Ideally, you can stock up whenever the coins are available on discounts. Trust me, it will be the best thing to do.

How can I get free Amazon Coins?      

You can earn Coins on selected purchases. Popular games like HearthStone and HayDay offer maximum discounts.

Conclusion

Digital currency is the new trend in financial technology! These innovations are being launched to sustain or improve products. Amazon’s digital currency by Amazon is the latest step by Amazon to promote digital currency. Considering the current scenarios and advancement and people willing to accept changes to make their life easy, I think Amazon’s Digital Currency is the Future!

By Varnit Yadav

I'm a Computer Science engineering student. Love to read, write and explore. Apart from being a nerd I'm also a fitness enthusiast.

Leave a comment

Your email address will not be published. Required fields are marked *

Exit mobile version