Join 100,775 users already on read.cash

The Bitcoin.com Wallet Will Soon Integrate The Bitcoin Cash Gifts Service

12 200
Avatar for Pantera
Written by   1385
5 months ago

The redeemable QR codes service Bitcoin Cash Gifts will be discontinued as it stands todasy but move to the bitcoin.com wallet soon.

Bitcoin Cash Gifts is a feature of the bitcoin.com website presenting a useful tool to create QR codes loaded with Bitcoin Cash.

With Bitcoin Cash Gifts, we share redeemable QR codes as anyone with a mobile wallet can scan and receive the BCH it contains in a mobile cryptocurrency wallet.

The service provides a scannable QR code in pdf format that we can either email, message, or even print on paper and pass to our friends or leave as a tip to a waiter while also explaining Bitcoin Cash and how it works.

Bitcoin.com Gifts Totals

In total, more than 18,000 QR codes have been produced using this service of the bitcoin.com platform.

Bitcoin.com wallet already offers a similar service called "Sharable links", so perhaps this service will be integrated with the one we already use in the wallet.

Bitcoin.com Gifts are awesome and hopefully, the feature will be integrated with the same format in the bitcoin.com wallet, perhaps as a second option to the sharable links the wallet already provides.

Example of how scannable QR code gifts work is below:

The first one that scans the QR code will receive a BCH reward equal to $1 in fiat terms! All you need is a Bitcoin.com wallet or any other wallet that offers the option to scan a QR code to receive it.

We can set an expiration date and a wallet address to automatically receive any unclaimed and expired gifts.

We also notice how many gifts remain unclaimed.

Upon creating the BCH gift, we set an expiration date and perhaps plan to use the QR codes to hand out to friends and relatives during birthdays or other celebration events. Thus many remain unclaimed and still haven't expired. Still, those unclaimed remain valid, so the service migration will not affect gift QR codes already created.

The service also offers redemption of unclaimed gifts before expiry using the "Sweep All" feature.

During the process we create the gift, we receive a seed phrase we can use to access the BCH we transferred or use the seed phase to redeem all the unclaimed gifts we created.

As we are all aware we should always write down our private keys and seed phrases since this is the key to accessing our coins in the blockchain.

In Conclusion

The service was used by many Bitcoin Cash advocates and onboarders and perhaps within the bitcoin.com wallet it can find more popularity and utilized to its maximum.

The low fees of Bitcoin Cash make this service possible. We can create small gifts for Giveaways, or create scannable QR codes and just hand them out to others.

With Bitcoin Cash, we pay for the actual price of a good or service without having to wonder about fees and calculate when to perform transactions.

The robust and reliable network constantly offers transaction fees lower than a single cent of the dollar (less than $0.01).

  • Cover Photo by "TheDigitalArtist on Pixabay (modified)


Copyright Disclaimer:
Material published in this content, is used for entertainment and educational purposes and falls within the guidelines of fair use. No copyright infringement intended. If you are, or represent, the copyright owner of images used in this article, and have an issue with the use of said material, please notify me.

Posting on:
● read.cash ● noise.cash  ● Medium ● Hive ● Steemit  ●Vocal 
● Minds ● Twitter  ●Reddit   email  telegram

`Don't forget to Subscribe and Like if you enjoyed this article!

28
$ 11.58
$ 10.81 from @TheRandomRewarder
$ 0.20 from @PVMihalache
$ 0.10 from @Jane
+ 11
Sponsors of Pantera
empty
empty
empty
Avatar for Pantera
Written by   1385
5 months ago
Enjoyed this article?  Earn Bitcoin Cash by sharing it! Explain
...and you will also help the author collect more tips.

Comments

this is great news. thank you for letting us know

$ 0.00
5 months ago

Very useful feature indeed.

$ 0.00
5 months ago

I just used the bitcoin.com wallet recently. Thanks for the additional update about it ^^

$ 0.00
5 months ago

This is nice for Christmas giveaways 😁

$ 0.00
5 months ago

I look forward to this. I can remember last December i wanted to try it out by using it as gifts to friends and family, i made a short post about it on noisecash but ate Ruffa said it was no longer active.

$ 0.00
5 months ago

A innovative step by bitcoin.com wallet team. Sending some gifts in BCH becoming more easier.

$ 0.00
5 months ago

I would say BCH Gifts was awesome. I had seen people claiming up to 1 BCH while Podcast and discussion were going on. Those giveaway methods were amazing.

$ 0.00
5 months ago

That's nice! Make it easier to use! Looking forward to send some gifts

$ 0.05
5 months ago

It is quite interesting thing we can offer to our friends. Unfortunately I am not able to receive gift as it failed in swapping 😂. Anyway, thank you for bringing wonderful update here.

$ 0.05
5 months ago

It's because someone else claimed it already!

$ 0.00
5 months ago

Yeah I am feeling unlucky. Better luck for next time.

$ 0.00
5 months ago

It will be easier because everything will be in bitcoin.com wallet. I have it 😉

$ 0.05
5 months ago