Coindesk Logo

Amazon Coins virtual currency now available on Kindle Fire

Amazon Coins virtual currency now available on Kindle Fire

Amazon Coins virtual currency now available on Kindle Fire

Amazon has handed 500 "Amazon Coins" to each of its US-based Kindle Fire customers.

Amazon has handed 500 "Amazon Coins" to each of its US-based Kindle Fire customers.

Amazon has handed 500 "Amazon Coins" to each of its US-based Kindle Fire customers.

AccessTimeIconMay 13, 2013, 1:50 PM
Updated Sep 9, 2021, 12:26 PM

Presented By Icon

Election 2024 coverage presented by

Stand with crypto

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

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation. Bullish was incubated by technology investor Block.one.


Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.