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.
By John Oates
Updated Sep 10, 2021, 10:45 a.m. Published May 13, 2013, 1:50 p.m. 1 min read
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.
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
Mais para você
The launch of round-the-clock bitcoin futures trading eliminates the long-standing CME weekend gap and marks another step toward fully integrated institutional crypto markets.
O que saber:
- From Friday, CME Bitcoin futures and options now trade 24/7 on Globex, ending the traditional Friday-to-Sunday market closure that created the widely watched “CME gap.”
- Despite the structural shift, liquidity remains concentrated in ETF options and offshore perpetuals, with IBIT options open interest far exceeding CME crypto options markets.
Top Stories
