Share this article

Amazon Coins virtual currency now available on Kindle Fire

Amazon has handed 500 "Amazon Coins" to each of its US-based Kindle Fire customers.

Updated Sep 10, 2021, 10:45 a.m. Published May 13, 2013, 1:50 p.m.
Amazon coins

Amazon has thrown a handful of its online coins at its US customers.

The bookseller has handed 500 "Amazon Coins" to each of its Kindle Fire customers.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

500 coins are worth $5 and can be used to buy apps and games and also virtual items within games used on the ereader.

To further tempt Kindle punters Amazon is offering ten per cent discounts on future coin purchases.

Although US only for now we would expect the system to be offered elsewhere in the world soon.

The Coins, for now at least, appear more like a loyalty card system than a fully-fledged currency. We assume Amazon hopes to boost the number of apps developed for its hardware as well as increase customer loyalty. We covered the original announcement two weeks ago.

Software developers will still receive their 70 per cent revenue share from sales.

The official Amazon statement is here.

Image credit: Amazon

More For You

Protocol Research: GoPlus Security

GP Basic Image

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

More For You

Proposed ‘AfterDark’ Bitcoin ETF Would Skip U.S. Trading Hours

Bitcoin and ether sink to multi-month lows (Getty Images/Unsplash+)

The fund would hold bitcoin only overnight, betting on data showing bitcon gains mostly occur outside regular market hours.

What to know:

  • Nicholas Financial has filed with the SEC to launch a bitcoin ETF that holds BTC only during overnight hours.
  • The “AfterDark” ETF buys bitcoin after U.S. stocks close for the day and then sells bitcoin and shifts into Treasuries during the American session.
  • Data shows bitcoin tending to perform better when traditional U.S. markets are closed.