Bitrefill
Introduction: What is Bitrefill?
The bitrefill platform is based on a cryptocurrency that allows users to top up subscription-based services such as mobile top-ups and add funds to their wallets on selected platforms. The website provides its users with a huge catalog of gift cards and vouchers that pay for cryptocurrencies like bitcoin. The primary goal of the platform is to make cryptocurrency products and services more accessible to everyone in the world.
Bitrefill uses and provide its customers with a secure experience by offering a replacement for bank and currency accounts. The Lightning Network provides instant transactions and commercial Bitcoin services so users can easily shop with their crypto.
The platform offers more than 750 gift cards and recharge options, which are supported in over 170 countries around the world. It also provides a smooth user interface and facilitates fast transactions in popular cryptocurrencies such as Bitcoin, Ethereum , Litecoin , Dogecoin , and Dash .
Pro and con
Like other cryptocurrency platforms, Bitrefill has some advantages and some areas for improvement. The most significant advantages and disadvantages of the platform are listed below:
Pros
Top user interface
- Supports multiple cryptocurrencies
- Excellent customer service
- Current order processing
- There are no KYC verification requests
- Mobile application compatible with Android and iOS
- There are no restrictions in the country
Against
- Fiat’s currency is not supported
- VISA / MasterCard is not supported
- Live chat is not available on the site
- Relatively higher fees
- Pros
Against
- Top user interface
- Fiat’s currency is not supported
- Supports multiple cryptocurrencies
- VISA / MasterCard is not supported
- Excellent customer service
- Live chat is not available on the site
- Current order processing
- Relatively higher fees
- There are no KYC verification requests
- Mobile application compatible with Android and iOS
- There are no restrictions in the country
Bitrefill Background
Bitrefill was co-founded in 2014 by Sergei Kotliar , who is currently the CEO, along with Michael Grunberger , who is the CFO. Stina Liland is the current chief operating officer, and their team consists mostly of experienced Bitcoin experts, entrepreneurs, IT experts and lawyers. The company is headquartered in Stockholm, Sweden. He previously received seeds in Silicon Valley in 2014 to help start the company.
According to their executive team, the main goal of launching Bitrefill is to provide people with accessible tools that help the process of using cryptocurrencies to exchange money and make purchases.
The platform has managed to accomplish this mission by partnering with over 1,650 companies worldwide. Moreover, new businesses are continuously added to the combination to help expand their customer base.
Is Bitrefill safe?
The platform has implemented several security measures to protect its customers. Their team is highly skilled in cyber and physical security and has devised a state-of-the-art information security program.
The platform also conducts strict controls to identify, authenticate and grant access to third party systems and websites. All information transmitted through their servers is encrypted in an appropriate manner to ensure protection and privacy . Moreover, all Bitrefill employees have appropriate training regarding updated security practices. The team is constantly working to incorporate new technologies to improve their security system.
Services
Bitrefill provides its users with some convenient tools to help them perform transactions with their digital assets. The platform currently offers three key services for its users, ie. Gift cards, lightning network access and phone charging.
Gift cards
Bitrefill its customers the opportunity to purchase gift cards kriptovaluta . They have a rich collection of gift cards with over 750 choices. They are divided into categories like games of chance, entertainment and travel. For example, vouchers are available for Amazon to buy gifts for your loved ones.
The platform makes the process very simple and convenient. Recognizes the user’s location and makes recommendations accordingly. It is not necessary for users to register for an account or confirm before purchasing. Furthermore, only three simple steps need to be followed to purchase.
The process is quick and users will receive their gift cards in approximately 2 minutes. It is a convenient way to convert digital currencies into a form that consumes more.
Charging the phone
Bitrefill also offers its users the service of replenishing their subscribed mobile phones with Bitcoin and other cryptocurrencies from anywhere in the world. It can be used for any number and is available in 160 countries. The platform supports over 900 telephone operators worldwide.
The procedure for replenishing the status on the phone is very simple. Users must simply select their telephone operators and enter the amount and telephone number they wish to charge. There is a refill code at their email addresses. After scanning the QR code, their payment is confirmed by the system. Then the selected amount is added to your phone almost instantly. You can also top up other people’s balance by adding their phone numbers.
Lightning Network
Bitrefill has also introduced a unique lightning network channel called “Thor”. Allows users to open empty private channels with Bitrefill node. It gives them the ability to receive instant payments through this channel from around the world.