CoinCorner said to have launched UK first bitcoin cashback service

Cryptocurrency exchange CoinCorner has launched a new service that will reward customers with bitcoin when they shop online.

The bitcoin cashback service is claimed to be the first-of-its-kind to launch in the UK and CoinCorner has partnered with more than 400  UK retailers, including household names such as Burton, Twinings, Confused.com, Tails.com, Ninja, Royal Doulton, New Era, Morphy Richards and more, to enable customers to earn Bitcoin when they shop online for their everyday products and services.

“We’re very excited to launch our new Bitcoin cashback service in the UK for customers looking to save when they spend,” Danny Scott, CoinCorner CEO. “It works just like a regular cashback service such as Quidco or TopCashback, but instead of customers receiving cashback in GBP, they receive the Bitcoin equivalent. This is an opportunity for people to earn and own Bitcoin while buying their everyday products and services. A number of our customers have already used the service after we soft launched it on CoinCorner.com last week.

“We obviously keep an eye on what is going on in the industry and have seen that bitcoin cashback sites are proving popular in the US. With much demand from consumers for a similar service here, we’re delighted to be able to bring this to the UK market, and at a time when online shopping is the safest way to browse and buy. Consumer habits have changed this year, with the likes of Amazon’s Q1 figures showing revenue increases due to the worldwide pandemic.

“It’s always been our mission to make bitcoin more accessible and we believe that this is one of the simplest ways for people to get involved.”

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