Coinbates

Opening crypto to everyone with crypto cashback shopping

Coinbates’ crypto cash back model will widen the participation in cryptocurrencies. When a shopper completes an order at a merchant’s website through the Coinbates merchant catalog with a regular credit or debit card, they receive a portion of the merchant-paid referral fee in the form of a specified cryptocurrency. The Coinbates crypto cash back model enables the possibility of obtaining exposure to cryptocurrency and entry into digital asset networks in a manner that is free of speculative and investment risk, embedded in a common everyday behavior; the ecommerce purchase, and within transactions that are of an immediate net benefit, as the consumer enjoys discounts on their purchases. Our mission is to help drive mass adoption of cryptocurrencies in the marketplace. During Phase I of our initiative, our goal is to help increase the number of cryptocurrency users globally. By issuing crypto in the form of a rebate, we relieve the financial and technical pressure associated with crypto investing today. This offers new entrants an opportunity to enter the space with a mindset that lets them freely explore the developing technologies and ecosystems. Ultimately, we aim to increase the consumer and business participants in crypto by leveraging existing business models, behaviors and networks, while educating new entrants about the rapidly emerging new economy enabled by cryptocurrencies and distributed ledger technologies.

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