Thursday, 01 June 2023 02:00 PM
Product Announcements
SALT LAKE CITY, UT / ACCESSWIRE / June 1, 2023 / Giddy, the self-custody smart wallet that connects crypto holders to DeFi earning opportunities, is integrating with the leading crypto-powered eCommerce store BitRefill to enable its users to shop with cryptocurrencies at thousands of the world's most popular brands.
Giddy's integration with BitRefill aims to make shopping with crypto more accessible for everyone. Customers will be able to enjoy a full range of products and experiences, like taking an Uber to an airport, booking a flight, staying at an Airbnb, and ordering food from DoorDash - all paid for with crypto. Giddy users can cash out their crypto into gift cards with as little as $5 and with no added fees, so they always enjoy the most from their money.
"We're excited to share this new capability with everyone," said Giddy CEO Eric Parker, "We love introducing new crypto holders to the power of decentralized finance, and putting this into the hands of our users makes shopping with Crypto easier than ever. Plus I like Taco Bell."
With this integration, Giddy users can utilize the full power of DeFi in new and exciting real-world use cases. For example, a customer who takes advantage of Giddy's one-tap staking into bluechip DeFi protocols can now instantly cash out their earnings into virtually unlimited options, like Starbucks coffee or prepaid phone refills, all without dipping into their initial deposit. And with no lockup periods, users are always free to withdraw their assets at any time.
Giddy's smart wallet makes it safer than ever to buy and hold crypto by introducing unique security features. With Giddy's self-custody solution, a user's private key is split into multiple encrypted shares and stored across several secure environments that are controlled by the user. If one share of the private key is lost or compromised, the user's wallet can remain safe and recoverable since multiple shares are required to access funds.
Besides making crypto safer, Giddy makes it much easier to use. Users can buy, send, trade, earn, and now shop with crypto, all in one intuitive native mobile app. DeFi becomes a seamless experience with Giddy's magical one-tap staking, opening the door to a world of earning opportunities. Painful, convoluted DeFi transactions become a thing of the past, as does the frustration of running out of gas. Giddy's recently-announced Autogas feature allows users to pay network fees using USDC or GIDDY token, eliminating the need to hold excess native tokens in reserve.
Giddy's self-custody smart wallet has already made crypto more accessible, safe, and easy. And now thanks to its integration with BitRefill, using crypto earnings to shop at the world's best brands has never felt more seamless. Download the Giddy mobile app today on the App Store and on Google Play.
About Giddy
Giddy is on a mission to make decentralized finance accessible to all. With Giddy you can buy, trade, send, earn, and shop with crypto - all from one safe and easy-to-use mobile app.
Founded in 2021 by entrepreneurs Eric and Ethan Parker, Giddy's self-custody yet recoverable smart wallet means you're always in control of your money.
Learn more: https://giddy.co/
Contact Details
Dan Edelstein
[email protected]
SOURCE: Giddy