Prizeout Corp. (Prizeout), a first-in-class adtech company that works with businesses across the ecommerce, retail, gaming, finance and payroll industries to turn withdrawals into a singular solution for growth, announced its first entry into cryptocurrency payment options. Prizeout users will be able to cash out with an on-demand, digital first gift card that can be used within a Coinbase account. The launch into the crypto space has proved necessary and timely, as Prizeout continues to look to diversify its gift card offerings beyond traditional retailers.
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“Prizeout was created to provide a more valuable experience for users and merchants alike. We are thrilled to start supplying our users with more ways to invest in cryptocurrency through the ability to cash out their winnings to digital currency that can be used within a Coinbase account,” said David Metz, Founder and CEO of Prizeout. “We truly believe our entry into the crypto market will become a catalyst for the wider adtech and crypto industries.”
Prizeout’s entry into the cryptocurrency space comes at a time of rapid market growth. With the crypto market recently topping $2 trillion, Prizeout is providing its growing user-base with further opportunity to allot won and earned money towards their investing goals. Through this new offering, Prizeout users will be able to take digital funds and turn them directly into gift cards that can be used in a valid Coinbase account. The gift cards, containing converted funds, can then be deposited into each user’s Coinbase account where they can use it to buy cryptocurrency. This new product update from Prizeout is central to the shifting dynamics of the current financial market, as cryptocurrencies continue to enter into the mainstream more routinely and become more widely accepted forms of payment.
Prizeout is redefining the status quo of cash out options and financial flexibility by ensuring customers can turn digital funds into a diverse portfolio of branded currency, whether it be towards their favorite sneaker retailer or their crypto exchange of choice, often with bonus value attached on top of what they have already earned. By way of innovative offerings such as this, Prizeout is bolstering its mission to increase purchasing power for consumers everywhere, while providing seamless integration and secure transaction processes.
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