Amazon Coin is the new virtual currency users' Kindle Fire - TecMundo - Tecmundo

(Image source: Play / Amazon) On the wave of Bitcoin, Amazon launched the its own virtual currency: Coin Amazon, which was announced in early February. To encourage the adoption of the new currency, the company presented its consumers in the U.S. who own a Kindle Fire with Amazon Coins 500 (equivalent to U.S. $ 5 or U.S. $ 10).

In addition, packages of coins will also be sold to consumers with discounts of up to 10% compared to the value they represent. Thus, while 500 Amazon Coins worth $ 5, you can purchase a package with this value for $ 4.80 (4% discount). Now who wants to invest in the currency can buy a purchase value of $ 50 (5,000 Coins Amazon) for $ 45.00 and enjoy the maximum discount of 10%.

According to the company, the coins never expire and there are no fees to buy them. Furthermore, they can be used in applications to acquire Kindle Fire, so as to perform purchase within apps.

terms of service, however, look to some questions that consumers have to be vigilant. In the event, all purchases are final, so that Amazon does not accept the return of Coins Amazon. At the same time, is also not allowed to transfer funds from one account to another, or the resale of virtual currency to third parties.

For now, Amazon Coins system is limited only to owners of Kindle Fire U.S. residents. The company also revealed no plans to extend the offer virtual currency for its subsidiaries in other countries.