GoSats: Earn Bitcoin Rewards in India
GoSats is India’s first prepaid card that rewards free bitcoin for shopping. The app features brands such as Flipkart, Amazon, Swiggy, Big Basket, Mama Earth, Dominos, Adidas, One Plus, Tata Cliq, ClearTrip and Myntra.
Description
GoSats allows you to earn bitcoin as a reward for shopping with the GoSats app or making payments with the GoSats Bitcoin Rewards Card in India. There are no expiry dates or minimum purchase requirements. The app features more than 120 brands including the likes of Flipkart, Amazon, Swiggy, Big Basket, Mama Earth, Dominos, Adidas, One Plus, Tata Cliq, ClearTrip and Myntra.
How It Works
The brands on the platform pay a commission for bringing them customers and sales. GoSats takes that commission, convert it into bitcoin and pass it on to users.
The app is available for both Android and iOS devices, as well the GoSats Chrome extension. The GoSats Bitcoin Rewards Card is a prepaid virtual and physical card that allows you to earn bitcoin rewards on every INR transaction, whether it’s shopping or monthly payments. Because it is a prepaid card, it must be topped up using the app before it can be used. The card can be topped up through the GoSats app or UPI deposits through GPay, PayTM and PhonePe. Linking of accounts is not required. The card can be used for both online and offline transactions at any PoS device. At the moment, the card can only be used in India.
GoSats offers brand vouchers/gift cards of major brands including Uber, Starbucks, Grofers, BookMyShow, and others on the app where you get instant bitcoin rewards every time you make a voucher purchase. You can also share your referral link with your friends and family. When they sign up using your code, you both get 2000 sats on their first purchase.
After the payment is successful, a cashback of up to 20% (depending on the brand) is credited into the user’s GoSats bitcoin wallet. To withdraw your earnings to your non-custodial wallet, you need to do is head over to the wallet section of your app and tap the withdraw button. Once you fill in and confirm your withdrawal details, the order will be processed in the next batch. All withdrawal requests are processed at 6 pm on Wednesdays. There are no fees on all your withdrawals.
There are two types of GoSats card, Intro and Elite. The Elite card has an annual fee of Rs.1,499 and higher bitcoin rewards. The Intro card has a one-time purchase fee.
Now let us look at how a Bitcoin cashback appeals different types of people:
You are a believer in Bitcoin – then you would want to stack more Bitcoin, usually, people do it by buying it on exchanges but receiving cashback in Bitcoin every time they shop online is a no brainer.
You are new to Bitcoin – One of the common patterns that I have observed is that when people hear about Bitcoin for the first time they are skeptical about it. Which means they are not going to invest their hard earned money right away which is where Bitcoin cashbacks can be a great fit.
This can be a great way for newbies who have just learned about Bitcoin to get their hands on their first satoshis. There is no risk involved since there is no investment of money involved, they earn Bitcoin for free when they shop online. — GoSats blog
More Information
Additional information
| Bitcoin Only | |
|---|---|
| Mobile App | Yes |
| Operating System (OS) | |
| Browser Extension | Chrome |
| Non-custodial wallet (self-custody) | |
| KYC | |
| Referral Program | Yes |
| Made in | India |
| Year Launched | 2021 |
Gian –
I have been using GoSats for some time now to earn bitcoin rewards in India and it has been a great experience. Not only can I use the card to make purchases without worrying about my bank balance, but I also earn rewards each month in bitcoin.
The perks of using GoSats are great and the website is user-friendly and easy to navigate. It has a good number of users, which adds to its credibility and reliability.
What’s even better is that the platform is highly efficient when it comes to sending withdrawals in bitcoin. Overall, I highly recommend GoSats to anyone in India looking to earn bitcoin rewards while making their everyday purchases.
Supriya –
I am from India and I have been using GoSats for a long time now. I can highly recommend it to everyone. It is a great way to earn bitcoin rewards while making purchases. The website and app are user-friendly, and the rewards system is very helpful. It’s a lovely site where you get rewarded for every purchase you make. GoSats!