Bitrefill, a Fintech company that’s supporting digital currency adoption by helping consumers “live on crypto” with gift cards, phone refills, and Lightning Network access, claims that you can now live on crypto in Saudi Arabia.
Bitrefill has reportedly added 73 new and popular gift cards for the “best” local and international brands. You can now pay with Bitcoin, USDT, ETH, Litecoin and — through Binance Pay — more than 50 stablecoins and other popular tokens.
In Saudi Arabia, living on crypto is now “a reality,” the team at Bitrefill wrote in a blog post.
They also mentioned that they’re pleased to “announce the brand new addition of over 70 gift cards for the most popular local and international brands in Saudi Arabia, which now make it possible to live on crypto.” Now you can use Bitcoin while shopping for the most popular brands in the Kingdom of Saudi Arabia.
You may take a look at some of their most popular gift cards here. You can also browse their full catalog of products for Saudi Arabia, here.
It’s also possible to settle transactions via the Lightning Network, Ethereum, Dash, Dogecoin, Litecoin, USDT (ERC-20 & TRC-20), credit/debit via Wyre. You may earn 1% bitcoin back on every purchase as well (terms apply).
As covered last year, BitRefill had noted that in Switzerland, people can take advantage of free markets, low taxes and a high standard of living.
BitRefill had also mentioned in April 2021 that they’re specifically talking about Helvetia. In recent years, Switzerland has become “a hotspot” for “all things” Bitcoin (BTC) and Crypto due to several reasons. In their blog post, BitRefill explained why it’s easy and “propitious” to live on Bitcoin and altcoins (or alternative coins) in Switzerland.
The company’s blog also noted that Switzerland is one of the major “defendants” or supporters of free markets and the nation’s authorities intend to keep taxes low through “a competition of the different cantons.”