Bitrefill – a popular cryptocurrency gift card facilitator – has announced that users can now rent Airbnb rooms using the company’s gift card vouchers purchased with cryptocurrencies such as Bitcoin, Ethereum, and Litecoin.
Bitrefill is based in Sweden and enables users to make commercial purchases with cryptocurrency. It facilitates these transactions by providing users with a gift card which can be purchased using crypto.
The company announced the move on Twitter, stating: “Finally, our most-requested product is here! Rent your next #AirBnB with crypto!!”
The same tweet reveals that users will be able to rent their Airbnb rooms using any one of five supported cryptocurrencies.
The cryptocurrencies currently supported for Airbnb rentals are Bitcoin, Ethereum, Litecoin, Dash, and Dogecoin.
However, at the moment, only residents of the US will be able to take advantage of this new service, and only US payment methods are supported.
Airbnb gift cards provided by Bitrefill cannot be applied to long-term reservations of 28 nights or more.
The website states it is a voucher product which is provided by Bitrefill – it will also provide instructions for users explaining how they can apply the code.
Users will be able to purchase vouchers in the amount of either $25 USD or $50 USD. The equivalent in crypto will be subject to change in accordance with the relevant cryptocurrency’s market value.
Bitrefill and the world’s first Layer-3 swap
Previously, Coin Rivet has reported on how Bitrefill’s services have been used in new and exciting ways.
At the end of last year, the platform was used to conduct what might be the world’s first Layer-3 crypto swap.
The user who achieved this mined a single satoshi – one of the lowest units of Bitcoin – using Monero before receiving the payout through the Lightning Network with an instant withdrawal from Bitrefill.
He used a platform known as MicroMine to mine using a web browser. The eventual payment was received in Bitcoin through the Lightning Network.
However, he did not have a pre-existing Lightning channel open or even a crypto wallet. He used MicroMine and then received the payout through Bitrefill.
While it is a complicated process, in essence the user was able to mine a small amount of crypto and have all the payments and swaps occur instantaneously across multiple networks and platforms without having his final reward lost in fees.
Interested in reading more about the world’s first potential Layer-3 swap? Discover more about the entire process with some further clarity from a Reddit user.
Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.