Now you can use Bitcoin or Ethereum to make purchases from “Amazon”
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Answer Now you can use Bitcoin or Ethereum to make purchases from “Amazon”
Now, Amazon users can buy goods using Bitcoin through the “Lightning Network” through the company that offers a new service called “Moon.”
According to TechCrunch, the 3-person startup, Moon, has launched an extension on the Google Chrome browser that allows purchases on Amazon.
Where it is now possible to use Bitcoin or Ethereum to buy any product from Amazon and get an instant transaction, all thanks to the addition of “the moonwhich supports the Lightning fast and light network.
Learn about: a simplified explanation of what is the lightning network
The addon has another option of connecting it to your Coinbase account and making a payment using Bitcoin, Ethereum or Litecoin and making use of the API provided by the number one cryptocurrency exchange in the US.
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While big names such as Overstock.com, Newegg and some other major retailers have already embraced cryptocurrency, Amazon has yet to move in that direction.
The addition of “Moon” appears to have found a solution to the problem that Amazon does not support cryptocurrencies and offers a service to convert crypto into cash without charging fees, at least at the time of writing this article.
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The extension is only available to operate in the USA at this time.
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