CoinRabbit integrated Bitrefill's marketplace into its platform, allowing users to purchase digital products using crypto-backed loan funds without selling their holdings. The integration addresses two challenges crypto holders face: losing long-term asset exposure and triggering taxable events through sales. Users can now access over 10,000 digital products across 180+ countries, including gift cards, eSIMs, and mobile refills, directly from their CoinRabbit accounts. The partnership combines CoinRabbit's crypto lending infrastructure with Bitrefill's product catalog to provide liquidity while preserving digital asset positions.
CoinRabbit Integrates Bitrefill Marketplace for Direct Crypto Spending
The integration gives CoinRabbit users direct access to Bitrefill's marketplace from within their accounts. Users can use funds from crypto loans to purchase digital products without selling assets they intend to hold long-term. The process occurs entirely within the CoinRabbit account, with browsing, cart management, and checkout completed without switching between services.
CoinRabbit's platform allows users to borrow against crypto instead of selling it. The collateral is stored in cold storage throughout the loan period and returned once the loan is fully repaid. Bitrefill offers a catalog of more than 10,000 digital products across 180+ countries.
Integration Enables Spending Without Asset Sales
Selling crypto creates two concerns for holders: giving up exposure to assets expected to appreciate and potentially triggering taxable events. In many countries, selling crypto can create capital gains tax obligations depending on local regulations.
The integration applies a borrowing-against-assets approach to crypto. Users pledge assets as collateral, receive a crypto-backed loan, and maintain their position. Borrowed funds become immediately usable through Bitrefill's product marketplace, accessible via the Spend Crypto section in CoinRabbit accounts.
Bitrefill Catalog Includes Gift Cards and Digital Services Across 180+ Countries
The embedded Bitrefill marketplace includes more than 10,000 products across over 180 countries. Users can purchase gift cards for shopping, travel, gaming, entertainment, and food categories, eSIM data packages for supported destinations, and mobile phone refills for supported countries and operators.
Depending on the selected country, available brands include Amazon, Apple, Airbnb, and Steam, along with regional retailers. Gift card values, payment options, and redemption rules depend on the selected country and issuer. Bitrefill states that products are normally delivered immediately or within a few minutes after successful payment, depending on the product.
CoinRabbit and Bitrefill Address Crypto Liquidity Access
Walter Barrett, Chief Strategy & Growth Officer at CoinRabbit, stated: "Traditional wealth management has long treated liquidity and capital preservation as complementary goals, not competing ones. Crypto users deserve the same flexibility. You shouldn't have to choose between keeping exposure to an asset you believe in and paying for everyday needs. By combining CoinRabbit's lending infrastructure with Bitrefill's marketplace, we're making that approach available in the crypto world."
CoinRabbit provides liquidity access without requiring asset sales, while Bitrefill provides a marketplace for spending that liquidity on everyday products.
FAQ
What products can CoinRabbit users purchase through the Bitrefill integration?
Users can purchase over 10,000 digital products across 180+ countries, including gift cards for shopping, travel, gaming, entertainment, and food, eSIM data packages, and mobile phone refills. Available brands include Amazon, Apple, Airbnb, and Steam, along with regional retailers.
How does CoinRabbit's integration with Bitrefill work?
The integration allows CoinRabbit users to access Bitrefill's marketplace directly from their accounts. Users can use funds from crypto-backed loans to purchase digital products without selling their crypto holdings. The collateral remains in cold storage during the loan period and is returned once the loan is repaid.
