Being a saver (also known as a “tight-arse” in the industry), I was never all that keen on spending money at shops for things I didn’t feel I needed.
I always thought of shopping as a “necessary evil” and hated having to buy, for example, new clothes because that’s money that I really wanted to spend on travelling or getting my own place.
As more credit card providers and cashback services started popping up, the thought of spending became a little more palatable but you’re still only getting fiat back which is losing its purchasing power at a rate of knots.
Although you can earn cashback on necessary bills in some cases in the UK and offset at least a little bit of living costs with this period of inflation we’re in.
However, there will always be happy shoppers willing to part with their dosh!
So, what if you wanted to get cashback in the form of Bitcoin and build your stack whilst you maintain your buying habits and save those sats for the long term thanks to NGU technology?
Thankfully, there is a way to do this with CoinCorner and it’s not as difficult as you might think.
CoinCorner
CoinCorner is a UK based Bitcoin focused exchange that has been growing since 2014, offering more Bitcoin related services and products as time goes on.
One of their offerings is to earn Bitcoin when you shop online in a similar way to how these fiat cashback sites work.
After partnering with many well known brands, there’s plenty of online stores to choose from and all bases are covered.
How To Earn Bitcoin From Shopping
Firstly, you will need to set-up and register an account with CoinCorner. Once set-up, go in to the “Earn Bitcoin” section of your account on desktop and start browsing their directory either by product or by store.
After you have found something that tickles your fancy (or something you actually need), click on the “i” button on the product or retailer and you’ll be presented with the Terms and Conditions to fulfil to get your Bitcoin cashback plus any information relating to how much Bitcoin you’ll receive.
Then click on “Shop” and you’ll be taken straight to the online store and get shopping!
Bitcoin Cashback Browser Extension
A browser extension is something that you install on your internet browser to enhance your browsing experience.
If you’d rather just happily browse your regular online stores without logging in to CoinCorner, then you can install the CoinCorner Bitcoin cashback browser extension.
You will still need to connect this to your CoinCorner account so you can earn Bitcoin when you go shopping but this is a one-time process and is easy to do.
Once set-up, the extension will pop up to let you know that you are visiting a partner of CoinCorner and you can activate any Bitcoin cashback offers by clicking on the notification.
If it’s successful then you’ll get an email saying that the sats have arrived in your account after a designated period of time and from there, you can do what you wish with the sats!
Although moving them to your own self-custody hardware or lightning wallet is always a good option.
How Can CoinCorner Do This?
CoinCorner are partnered with various retailers and it works like a commission scheme. The retailer pays CoinCorner a certain amount for bringing new customers and when you make a purchase, CoinCorner converts some of it to Bitcoin straightaway then pops it in to your account.
There is a “cookie” that is saved on to your device when you go from CoinCorner to the retailer so make sure you’re using the same device all the way through. This is just to make sure that you are eligible for cashback and makes it easier to verify any purchases with retailers.
You can always clear cache after you have made the purchase if you feel like it.
Happy Stacking Shoppers
So there you have it. If shopping is your thing and you have an appetite for sats then why not combine the two?
Home improvements suddenly just got a little more intriguing with earning some Bitcoin back for your troubles and if you can combine this with a credit card that offers additional cashback, well, you could be quids in!
Although I don’t buy too much, increasing my sats by buying things I would have done anyway seems like a no-brainer to me. Just because you’re spending doesn’t mean you can’t keep stacking!
