Bitcoin is now trading just below $10,000 as I am writing this article. Once again, the crypto community is buzzing like it does when prices soar. Newcomers are now wondering why they didn’t buy Bitcoin when it was priced much lower. It is so difficult to predict the price of this beast of a currency, but don’t worry, you’re still early to the party and you can still buy or earn fractions of a Bitcoin. You do not need to buy an entire Bitcoin to own a stake in Bitcoin. Coinback for the Chrome browser makes it easy to earn Bitcoin just for doing your everyday shopping on your favorite online stores.
Coinback was created by founders Eyal Yechezkell and Itai Kathein with the idea of making it fun and exciting for people to accumulate Bitcoin without the risk of losing money in the process. It is the first bitcoin-back browser extension, although competition has since entered the market. Their model is similar to the various cashback browser extensions that give users a percentage of fiat cash back for online shopping. Instead, you receive a percentage of your purchase back in Bitcoin when you shop at one of Coinback’s thousands of partner retailers which include sites like Target, Macy’s, Gamestop, and Overstock.com.
To get started using Coinback, download their browser extension from the Chrome Web Store. Once the extension is installed, you just need to sign up with an email in order to tie in your purchases to your Coinback Bitcoin wallet. Once your account has been set up, you can begin doing your online shopping to getting Bitcoin for your online shopping.