Dominyka is a Copywriter at CoinGate. During her career as a copywriter, journalist, and communication specialist, she had the opportunity to handle a wide range of topics, from human rights to lifestyle articles, technology, and now crypto. She sees the importance of new technologies spread and a need for educational and usable content.

Vilius is a seasoned copywriter and bitcoin enthusiast specializing in blockchain and cryptocurrency topics. He's been with CoinGate since 2018, writing blogs, social media content, sales materials, newsletters, FAQs, and more. He's relentless in pursuing knowledge and a better understanding of the crypto industry, which helps him create meaningful and engaging content every day.

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Just recently, we have witnessed Ethereum transaction fees spiking to unprecedented heights, again. 
<img loading="lazy" class="aligncenter size-full wp-image-4504" src="https://wp-blog-assets.coingate.com/2020/09/5b76ccf4-ethereum-blog.jpg" alt="high ethereum fees" width="2500" height="1307" srcset="https://wp-blog-assets.coingate.com/2020/09/5b76ccf4-ethereum-blog.jpg 2500w, https://wp-blog-assets.coingate.com/2020/09/5b76ccf4-ethereum-blog-150x78.jpg 150w, https://wp-blog-assets.coingate.com/2020/09/5b76ccf4-ethereum-blog-300x157.jpg 300w, https://wp-blog-assets.coingate.com/2020/09/5b76ccf4-ethereum-blog-768x402.jpg 768w, https://wp-blog-assets.coingate.com/2020/09/5b76ccf4-ethereum-blog-1024x535.jpg 1024w, https://wp-blog-assets.coingate.com/2020/09/5b76ccf4-ethereum-blog-1920x1004.jpg 1920w, https://wp-blog-assets.coingate.com/2020/09/5b76ccf4-ethereum-blog-1680x878.jpg 1680w, https://wp-blog-assets.coingate.com/2020/09/5b76ccf4-ethereum-blog-1240x648.jpg 1240w, https://wp-blog-assets.coingate.com/2020/09/5b76ccf4-ethereum-blog-860x450.jpg 860w, https://wp-blog-assets.coingate.com/2020/09/5b76ccf4-ethereum-blog-680x356.jpg 680w, https://wp-blog-assets.coingate.com/2020/09/5b76ccf4-ethereum-blog-500x261.jpg 500w, https://wp-blog-assets.coingate.com/2020/09/5b76ccf4-ethereum-blog-400x209.jpg 400w, https://wp-blog-assets.coingate.com/2020/09/5b76ccf4-ethereum-blog-200x105.jpg 200w, https://wp-blog-assets.coingate.com/2020/09/5b76ccf4-ethereum-blog-50x26.jpg 50w" sizes="(max-width: 2500px) 100vw, 2500px" />
At the beginning of September, the average ETH transaction <a class="keychainify-checked" style="color: #000000;" href="https://blockchair.com/ethereum/charts/average-transaction-fee-eth">fee reached as high as 0.031 ETH</a> (or around 11,5 USD at the time of writing), causing a considerable fuss amongst Ethereum network participants. 
<figure id="attachment_4490" aria-describedby="caption-attachment-4490" style="width: 1376px" class="wp-caption aligncenter"><img loading="lazy" class="size-full wp-image-4490" src="https://wp-blog-assets.coingate.com/2020/09/averahe-ethereum-transaction-fee.png" alt="a graph showing how high are ethereum fees on September 2020" width="1376" height="753" /><figcaption id="caption-attachment-4490" class="wp-caption-text">Ethereum fees are reaching an all-time high. Source: https://blockchair.com</figcaption></figure>
The question is, what is causing costs of using Ethereum to rise, considering that no other popular blockchains experience issues with increased fees? To find the answer to this question, first, we need to rewind a few years back.
<h2 style="text-align: justify;">From ICO to decentralized finance</h2>
In 2017, there was a huge ICO (or Initial Coin Offering) boom, when lots and lots of tokens were created on blockchains like Ethereum and sold via centralized exchanges and websites. It was quite easy to start buying and selling new tokens, and anyone with an internet connection could do it. 
In the following years, the ICO space became more and more regulated–exchanges were mandated to do increasingly complicated KYC procedures, which introduced immense friction for anyone wanting to trade tokens freely. 
But the history tells us a lesson: where there is an artificially created friction, a technological solution will always appear. 
This particular solution came to life in the form of decentralized exchanges, where anyone was able to issue, trade, lend, borrow, and otherwise interact with tokens without going through a cumbersome verification process. 
These exchanges are also often referred to as DeFi (Decentralized Finance).
<h2 style="text-align: justify;">High ETH fees are the byproduct of DeFi</h2>
According to Ethereum data analysis tool <a class="keychainify-checked" style="color: #000000;" href="https://www.duneanalytics.com/">Dune Analytics</a>, the volume in decentralized exchanges (otherwise called DEX) has risen dramatically over the years. 
For comparison, the total volume in August 2019 was 173 million USD, while the volume at the same time in 2020 was 11 billion USD, which rounds up to a 65-time increase. 
And it keeps on growing – at the time of writing, the total volume of the whole DeFi space on Ethereum reaches an all-time high of 13,7 billion USD. 
<figure id="attachment_4491" aria-describedby="caption-attachment-4491" style="width: 419px" class="wp-caption alignleft"><img loading="lazy" class="wp-image-4491 " src="https://wp-blog-assets.coingate.com/2020/09/dex-trading-volume.png" alt="ethereum defi volume 2020" width="419" height="384" srcset="https://wp-blog-assets.coingate.com/2020/09/dex-trading-volume.png 652w, https://wp-blog-assets.coingate.com/2020/09/dex-trading-volume-150x137.png 150w, https://wp-blog-assets.coingate.com/2020/09/dex-trading-volume-300x275.png 300w, https://wp-blog-assets.coingate.com/2020/09/dex-trading-volume-500x458.png 500w, https://wp-blog-assets.coingate.com/2020/09/dex-trading-volume-400x366.png 400w, https://wp-blog-assets.coingate.com/2020/09/dex-trading-volume-200x183.png 200w, https://wp-blog-assets.coingate.com/2020/09/dex-trading-volume-50x46.png 50w" sizes="(max-width: 419px) 100vw, 419px" /><figcaption id="caption-attachment-4491" class="wp-caption-text">Source: https://www.duneanalytics.com</figcaption></figure>
But what does it have to do with the transaction fees? Well, in most cases, all the actions in the DEX are recorded directly on the blockchain. If so, the large number of transactions happening on-chain puts a lot of stress on the network. As more and more transactions occur, blocks become full, meaning that there is not enough space in the block for all ongoing transactions to be confirmed immediately.
Lack of space (or congestion) in blocks results in transactions competing with each other for which one is going to be confirmed first. Snowballing continues as each transaction has to pay higher fees than the rest if it seeks to be confirmed first. 
<figure id="attachment_4500" aria-describedby="caption-attachment-4500" style="width: 1556px" class="wp-caption aligncenter"><img loading="lazy" class="size-full wp-image-4500" src="https://wp-blog-assets.coingate.com/2020/09/transaction-fees-on-blockchains.png" alt="a grapgh that shows average transaction fees on most popular blockchains" width="1556" height="650" srcset="https://wp-blog-assets.coingate.com/2020/09/transaction-fees-on-blockchains.png 1556w, https://wp-blog-assets.coingate.com/2020/09/transaction-fees-on-blockchains-150x63.png 150w, https://wp-blog-assets.coingate.com/2020/09/transaction-fees-on-blockchains-300x125.png 300w, https://wp-blog-assets.coingate.com/2020/09/transaction-fees-on-blockchains-768x321.png 768w, https://wp-blog-assets.coingate.com/2020/09/transaction-fees-on-blockchains-1024x428.png 1024w, https://wp-blog-assets.coingate.com/2020/09/transaction-fees-on-blockchains-1240x518.png 1240w, https://wp-blog-assets.coingate.com/2020/09/transaction-fees-on-blockchains-860x359.png 860w, https://wp-blog-assets.coingate.com/2020/09/transaction-fees-on-blockchains-680x284.png 680w, https://wp-blog-assets.coingate.com/2020/09/transaction-fees-on-blockchains-500x209.png 500w, https://wp-blog-assets.coingate.com/2020/09/transaction-fees-on-blockchains-400x167.png 400w, https://wp-blog-assets.coingate.com/2020/09/transaction-fees-on-blockchains-200x84.png 200w, https://wp-blog-assets.coingate.com/2020/09/transaction-fees-on-blockchains-50x21.png 50w" sizes="(max-width: 1556px) 100vw, 1556px" /><figcaption id="caption-attachment-4500" class="wp-caption-text">As shown in these graphs, other blockchains did not experience any increase in fee price recently. Source: https://blockchair.com</figcaption></figure>
Although there are more factors, that’s one of the main reasons why payments made through Ethereum network, especially for people who use ETH or ERC20 tokens (for example, Dai) to shop online, might be too costly at the moment.
<h3 style="text-align: justify;">Are there any solutions?</h3>
Yes, there are ways to use Ethereum blockchain and avoid high transaction costs. One of the most viable solutions right now is to use second-layer solutions. OMG Network and Plasma come to mind first. 
<a class="keychainify-checked" style="color: #000000;" href="https://omg.network/">OMG Network</a> (formally known as OmiseGo) is trustless and non-custodial 2nd-layer for payments and settlements. 
<img loading="lazy" class="aligncenter size-full wp-image-4497" src="https://wp-blog-assets.coingate.com/2020/09/omg-network.png" alt="ethereum network 2nd layer scaling option " width="1275" height="640" srcset="https://wp-blog-assets.coingate.com/2020/09/omg-network.png 1275w, https://wp-blog-assets.coingate.com/2020/09/omg-network-150x75.png 150w, https://wp-blog-assets.coingate.com/2020/09/omg-network-300x151.png 300w, https://wp-blog-assets.coingate.com/2020/09/omg-network-768x386.png 768w, https://wp-blog-assets.coingate.com/2020/09/omg-network-1024x514.png 1024w, https://wp-blog-assets.coingate.com/2020/09/omg-network-1240x622.png 1240w, https://wp-blog-assets.coingate.com/2020/09/omg-network-860x432.png 860w, https://wp-blog-assets.coingate.com/2020/09/omg-network-680x341.png 680w, https://wp-blog-assets.coingate.com/2020/09/omg-network-500x251.png 500w, https://wp-blog-assets.coingate.com/2020/09/omg-network-400x201.png 400w, https://wp-blog-assets.coingate.com/2020/09/omg-network-200x100.png 200w, https://wp-blog-assets.coingate.com/2020/09/omg-network-50x25.png 50w" sizes="(max-width: 1275px) 100vw, 1275px" />
What’s cool is that OMG allows projects to be run on the OMG Network without compromising the security of the main Ethereum network. It also allows making thousands of transactions per second using ETH and ERC-20 tokens at around one-third of the average cost. 
<a class="keychainify-checked" style="color: #000000;" href="https://academy.binance.com/blockchain/what-is-ethereum-plasma">Plasma</a>, on the other hand, establishes a framework of secondary chains, which only interact with the main chain when needed. It allows lots of smaller chains to be created on top of the main Ethereum chain.
Overall, such second-layer solutions are usually cheaper to use and take a significant load away from the main Ethereum chain. As the stress on the main chain is reduced, the transaction fees also decrease.
<h2 style="text-align: justify;">Does that mean that Ethereum on-chain transactions are broken? </h2>
Ethereum might be experiencing high transaction costs, but the issue does not seem to be permanent. 
A long-planned update called <a class="keychainify-checked" style="color: #000000;" href="https://ethereum.org/en/eth2/">Ethereum 2.0</a>, which should go on a mainnet sometime later in 2020, promises to improve on scalability options by switching to proof-of-stake consensus mechanism. 
Until then, spikes in transaction fees remain expected, and second-layer solutions like OMG or Plasma are the way to go until significant changes to the network come.

At the beginning of September, the average ETH transaction fee reached as high as 0.031 ETH (or around 11,5 USD at the time of writing), causing a considerable fuss amongst Ethereum network participants.

Why are ETH transaction fees so high? Reasons and solutions

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First off, keep in mind that a single affiliate link, which is available to create on your user dashboard, works for five <a class="keychainify-checked" style="color: #000000;" href="https://coingate.com/" target="_blank" rel="noopener">CoinGate</a> services at once. 
Yes, that’s right: one link=five possible sources of income!
Depending on a service used by a person coming via the affiliate link, the referrer gets one-time, lifetime or tier-based commissions in Euros straight to a bank account, Bitcoin (BTC) or USDT.
<h3 style="text-align: justify;">And what about the benefits for new users?</h3>
All new users who sign up for a CoinGate account via the referral link and verify the account get to process payments for 30 days without any fees and enjoy fee-free trader order when using CoinGate trading services for the first time (available for SEPA bank transfer methods only).
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<h2 style="text-align: justify;">Referral rewards &amp; sources of income</h2>
As mentioned, there are five scenarios in which your referral link will help us grow and earn you money. In some cases, a person you’re referring to CoinGate doesn’t even have to create an account for you to get a reward. 
<h3 style="text-align: justify;">Here’s an example of every possible referral scenario:</h3>
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<li>You earn when someone comes via your link, signs up and buys cryptocurrencies with fiat money (Euros) using a SEPA bank transfer. You will continue getting rewards with each SEPA order that the referred user will make in the future. <a class="keychainify-checked" style="color: #ff6600;" href="https://coingate.com/blog/post/how-to-buy-bitcoin-litecoin-xrp-on-coingate">Here’s how this service works.</a> </li>
<li>If signed up via your referral link, you also earn every time a person sells cryptocurrencies for Euros, forever. <a class="keychainify-checked" style="color: #000000;" href="https://coingate.com/blog/post/how-to-sell-bitcoin-crypto-coingate" target="_blank" rel="noopener">This guide</a> sums up this method pretty well.</li>
<li>Your referral link accumulates rewards for gift card sales as well. Any shopper who buys a gift card from CoinGate store coming from your end, no matter if registered at CoinGate or not, will grant you a percentage of that sale. <img loading="lazy" class="aligncenter size-full wp-image-4459" src="https://wp-blog-assets.coingate.com/2020/09/951b95d7-referral-second-img.jpg" alt="affiliate program" width="2500" height="1307" srcset="https://wp-blog-assets.coingate.com/2020/09/951b95d7-referral-second-img.jpg 2500w, https://wp-blog-assets.coingate.com/2020/09/951b95d7-referral-second-img-150x78.jpg 150w, https://wp-blog-assets.coingate.com/2020/09/951b95d7-referral-second-img-300x157.jpg 300w, https://wp-blog-assets.coingate.com/2020/09/951b95d7-referral-second-img-768x402.jpg 768w, https://wp-blog-assets.coingate.com/2020/09/951b95d7-referral-second-img-1024x535.jpg 1024w, https://wp-blog-assets.coingate.com/2020/09/951b95d7-referral-second-img-1920x1004.jpg 1920w, https://wp-blog-assets.coingate.com/2020/09/951b95d7-referral-second-img-1680x878.jpg 1680w, https://wp-blog-assets.coingate.com/2020/09/951b95d7-referral-second-img-1240x648.jpg 1240w, https://wp-blog-assets.coingate.com/2020/09/951b95d7-referral-second-img-860x450.jpg 860w, https://wp-blog-assets.coingate.com/2020/09/951b95d7-referral-second-img-680x356.jpg 680w, https://wp-blog-assets.coingate.com/2020/09/951b95d7-referral-second-img-500x261.jpg 500w, https://wp-blog-assets.coingate.com/2020/09/951b95d7-referral-second-img-400x209.jpg 400w, https://wp-blog-assets.coingate.com/2020/09/951b95d7-referral-second-img-200x105.jpg 200w, https://wp-blog-assets.coingate.com/2020/09/951b95d7-referral-second-img-50x26.jpg 50w" sizes="(max-width: 2500px) 100vw, 2500px" /></li>
<li>Know someone who is looking to buy crypto with a credit card? Just give them your one-for-all CoinGate referral link. Our credit card service doesn’t require users to register; instead, we apply a one-time simplified KYC check. But, no matter if a user is signed up or not, you get a cut with every credit or debit card order processed thanks to your link. However, this option is disabled by default but can be enabled by our team at support@coingate.com. <a class="keychainify-checked" style="color: #000000;" href="https://coingate.com/blog/post/buy-bitcoin-litecoin-ethereum-credit-card" target="_blank" rel="noopener">Learn more about this option.</a></li>
</ol>
In every case above, you earn 1% commission from the turnover of the referrer’s purchase or sale in Euros, BTC or USDT.
5. There is one more way to earn which is a bit different, and that’s by inviting new businesses to integrate our merchant solution and start processing payments in bitcoin, litecoin, XRP and more than 50 other digital assets. 
<h2 style="text-align: justify;">Referring businesses: tier-based rewards</h2>
Rewards for bringing in new merchants are segmented in three tiers and paid out when certain conditions are met, like described below: 
<img loading="lazy" class="aligncenter size-full wp-image-4456" src="https://wp-blog-assets.coingate.com/2020/09/3591576f-tier-rewards.jpg" alt="refer business" width="2500" height="1307" srcset="https://wp-blog-assets.coingate.com/2020/09/3591576f-tier-rewards.jpg 2500w, https://wp-blog-assets.coingate.com/2020/09/3591576f-tier-rewards-150x78.jpg 150w, https://wp-blog-assets.coingate.com/2020/09/3591576f-tier-rewards-300x157.jpg 300w, https://wp-blog-assets.coingate.com/2020/09/3591576f-tier-rewards-768x402.jpg 768w, https://wp-blog-assets.coingate.com/2020/09/3591576f-tier-rewards-1024x535.jpg 1024w, https://wp-blog-assets.coingate.com/2020/09/3591576f-tier-rewards-1920x1004.jpg 1920w, https://wp-blog-assets.coingate.com/2020/09/3591576f-tier-rewards-1680x878.jpg 1680w, https://wp-blog-assets.coingate.com/2020/09/3591576f-tier-rewards-1240x648.jpg 1240w, https://wp-blog-assets.coingate.com/2020/09/3591576f-tier-rewards-860x450.jpg 860w, https://wp-blog-assets.coingate.com/2020/09/3591576f-tier-rewards-680x356.jpg 680w, https://wp-blog-assets.coingate.com/2020/09/3591576f-tier-rewards-500x261.jpg 500w, https://wp-blog-assets.coingate.com/2020/09/3591576f-tier-rewards-400x209.jpg 400w, https://wp-blog-assets.coingate.com/2020/09/3591576f-tier-rewards-200x105.jpg 200w, https://wp-blog-assets.coingate.com/2020/09/3591576f-tier-rewards-50x26.jpg 50w" sizes="(max-width: 2500px) 100vw, 2500px" />
<ul style="text-align: justify;">
<li>Tier I – 50 EUR reward when the referred business passes <a class="keychainify-checked" style="color: #000000;" href="https://coingate.com/blog/post/verify-merchant-account-faq" target="_blank" rel="noopener">full verification</a> and gets the first paid order;</li>
<li>Tier II – 200 EUR reward when a merchant reaches a turnover of €100,000;</li>
<li>Tier III – 1000 EUR reward when a merchant reaches a turnover of €1,000,000.</li>
</ul>
As with all other referral options, tier-based rewards are paid out in Euros, BTC and USDT.
<h3 style="text-align: justify;">TL;DR:</h3>
Using one referral link, you can earn 1% commission from every buy or sell order (SEPA), crypto purchases with credit/debit cards and gift card sales. You can also use the same link to bring in businesses and get tier-based rewards based on their further activities and future turnover. Rewards are counted and paid out in Euros, BTC and USDT.
<h2 style="text-align: justify;">Track and manage referral data on a dedicated dashboard</h2>
For your convenience, every piece of information regarding your referrals (source of rewards, accumulated balance, withdrawals and more) is located in a separate menu section. To reach it, navigate to the “Account->Referrals” tab.
<img loading="lazy" class="aligncenter size-full wp-image-4467" src="https://wp-blog-assets.coingate.com/2020/09/3687ee45-ezgif.com-optimize1.gif" alt="referral dashboard" width="900" height="459" />
On this window, you also can create several referral links, in case you want to track particular referrals on a unique link.
Whenever you’re ready to receive a payout, visit the “Payouts” section to initiate it. The minimum amount to request is 50 EUR worth of rewards.
<h2 style="text-align: justify;">Get started with the referral program right away!</h2>
Use your link to introduce CoinGate to friends or family, place it on your own website, Youtube channel, newsletter or other communication means – be creative and you will start earning in no time!

Take advantage of CoinGate's referral program and earn rewards in Euros, BTC or USDT! We provide five ways to establish passive income.

Create passive income online with CoinGate’s referral program

This is a guide that describes how to navigate CoinGate’s Gift Card store and purchase gift cards with Bitcoin or other cryptocurrencies, step-by-step. 
<img loading="lazy" class="aligncenter size-full wp-image-4448" src="https://wp-blog-assets.coingate.com/2020/08/cfa20065-how-to-buy-gift-cards.jpg" alt="buy gift cards with crypto" width="2500" height="1307" srcset="https://wp-blog-assets.coingate.com/2020/08/cfa20065-how-to-buy-gift-cards.jpg 2500w, https://wp-blog-assets.coingate.com/2020/08/cfa20065-how-to-buy-gift-cards-150x78.jpg 150w, https://wp-blog-assets.coingate.com/2020/08/cfa20065-how-to-buy-gift-cards-300x157.jpg 300w, https://wp-blog-assets.coingate.com/2020/08/cfa20065-how-to-buy-gift-cards-768x402.jpg 768w, https://wp-blog-assets.coingate.com/2020/08/cfa20065-how-to-buy-gift-cards-1024x535.jpg 1024w, https://wp-blog-assets.coingate.com/2020/08/cfa20065-how-to-buy-gift-cards-1920x1004.jpg 1920w, https://wp-blog-assets.coingate.com/2020/08/cfa20065-how-to-buy-gift-cards-1680x878.jpg 1680w, https://wp-blog-assets.coingate.com/2020/08/cfa20065-how-to-buy-gift-cards-1240x648.jpg 1240w, https://wp-blog-assets.coingate.com/2020/08/cfa20065-how-to-buy-gift-cards-860x450.jpg 860w, https://wp-blog-assets.coingate.com/2020/08/cfa20065-how-to-buy-gift-cards-680x356.jpg 680w, https://wp-blog-assets.coingate.com/2020/08/cfa20065-how-to-buy-gift-cards-500x261.jpg 500w, https://wp-blog-assets.coingate.com/2020/08/cfa20065-how-to-buy-gift-cards-400x209.jpg 400w, https://wp-blog-assets.coingate.com/2020/08/cfa20065-how-to-buy-gift-cards-200x105.jpg 200w, https://wp-blog-assets.coingate.com/2020/08/cfa20065-how-to-buy-gift-cards-50x26.jpg 50w" sizes="(max-width: 2500px) 100vw, 2500px" />
All gift cards on <a class="keychainify-checked" style="color: #000000;" href="https://coingate.com/" target="_blank" rel="noopener">CoinGate</a> website are available to buy with Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), XRP, Nano, Dai, Travala.com Token (AVA), Bitcoin Cash (BCH), TRON and BitTorrent Token (BTT), <a class="keychainify-checked" href="https://coingate.com/blog/post/coingate-integrates-btcv-coin-offers-merchants-and-traders-greater-functionality">Bitcoin Vault (BTCV)</a>, Binance USD (BUSD) and SHIBA INU (SHIB)
Feel free to use Lightning Network for Bitcoin or Litecoin payments if your wallet supports it.
<h2>How to buy gift cards with Bitcoin?</h2>
<h3>1. Visit <a class="keychainify-checked" style="color: #000000;" href="https://coingate.com/gift-cards/all" target="_blank" rel="noopener">Coingate gift card store </a>and pick a card</h3>
Use the search option, sort by popularity, date added and available countries, or check category pages to locate the desired vouchers.  Don’t forget to choose your region and the cryptocurrency that you want to pay with (Upper right screen). 
<img loading="lazy" class="aligncenter size-large wp-image-4970" src="https://wp-blog-assets.coingate.com/2020/08/56c73def-screenshot_63-1024x513.png" alt="" width="1024" height="513" srcset="https://wp-blog-assets.coingate.com/2020/08/56c73def-screenshot_63-1024x513.png 1024w, https://wp-blog-assets.coingate.com/2020/08/56c73def-screenshot_63-150x75.png 150w, https://wp-blog-assets.coingate.com/2020/08/56c73def-screenshot_63-300x150.png 300w, https://wp-blog-assets.coingate.com/2020/08/56c73def-screenshot_63-768x385.png 768w, https://wp-blog-assets.coingate.com/2020/08/56c73def-screenshot_63-1680x841.png 1680w, https://wp-blog-assets.coingate.com/2020/08/56c73def-screenshot_63-1240x621.png 1240w, https://wp-blog-assets.coingate.com/2020/08/56c73def-screenshot_63-860x431.png 860w, https://wp-blog-assets.coingate.com/2020/08/56c73def-screenshot_63-680x341.png 680w, https://wp-blog-assets.coingate.com/2020/08/56c73def-screenshot_63-500x250.png 500w, https://wp-blog-assets.coingate.com/2020/08/56c73def-screenshot_63-400x200.png 400w, https://wp-blog-assets.coingate.com/2020/08/56c73def-screenshot_63-200x100.png 200w, https://wp-blog-assets.coingate.com/2020/08/56c73def-screenshot_63-50x25.png 50w, https://wp-blog-assets.coingate.com/2020/08/56c73def-screenshot_63.png 1877w" sizes="(max-width: 1024px) 100vw, 1024px" />
<h3 style="text-align: justify;">2. Select denomination and value of the gift card</h3>
Once landed on the gift card product page, pick the country, in which the gift card is available to redeem and choose the value of  the gift card you want to purchase. Click add to basket and a pop-up notification should appear in the right side of the screen. 
<h2></h2>
<h3 style="text-align: justify;">3. Review cart and fill in the required information</h3>
You will notice all your gift cards on the right  side. Always check if the card you’re buying is acceptable in your country! On the right side, you’ll find information fields that you’ll need to fill in. All we ask is an email address to which you will receive gift cards. If you intend to send a gift to someone else right away, click the “E-Gift?” button and enter the recipient’s email address. There’s also an option to add a personalised message when sending the gift to others.
Don’t forget to choose your payment method: on CoinGate, you can pay either via our CoinGate invoice, which currently supports 12 cryptocurrencies, or via Binance Pay, with which you can pay with any cryptocurrency that Binance Pay supports. 
<img loading="lazy" class="aligncenter wp-image-4977" src="https://wp-blog-assets.coingate.com/2020/08/ca2e87dc-screenshot_65-1024x509.png" alt="" width="1060" height="527" srcset="https://wp-blog-assets.coingate.com/2020/08/ca2e87dc-screenshot_65-1024x509.png 1024w, https://wp-blog-assets.coingate.com/2020/08/ca2e87dc-screenshot_65-150x75.png 150w, https://wp-blog-assets.coingate.com/2020/08/ca2e87dc-screenshot_65-300x149.png 300w, https://wp-blog-assets.coingate.com/2020/08/ca2e87dc-screenshot_65-768x382.png 768w, https://wp-blog-assets.coingate.com/2020/08/ca2e87dc-screenshot_65-1680x835.png 1680w, https://wp-blog-assets.coingate.com/2020/08/ca2e87dc-screenshot_65-1240x616.png 1240w, https://wp-blog-assets.coingate.com/2020/08/ca2e87dc-screenshot_65-860x427.png 860w, https://wp-blog-assets.coingate.com/2020/08/ca2e87dc-screenshot_65-680x338.png 680w, https://wp-blog-assets.coingate.com/2020/08/ca2e87dc-screenshot_65-500x248.png 500w, https://wp-blog-assets.coingate.com/2020/08/ca2e87dc-screenshot_65-400x199.png 400w, https://wp-blog-assets.coingate.com/2020/08/ca2e87dc-screenshot_65-200x99.png 200w, https://wp-blog-assets.coingate.com/2020/08/ca2e87dc-screenshot_65-50x25.png 50w, https://wp-blog-assets.coingate.com/2020/08/ca2e87dc-screenshot_65.png 1892w" sizes="(max-width: 1060px) 100vw, 1060px" />
<h3 style="text-align: justify;">4. Make a payment</h3>
Send the exact amount to the provided cryptocurrency address or scan the QR code with your mobile wallet. Once payment is made, it will be confirmed immediately. 
IMPORTANT: When paying with XRP, it is mandatory to provide a destination tag!
<h3><img loading="lazy" class="aligncenter size-full wp-image-4445" src="https://wp-blog-assets.coingate.com/2020/08/6.png" alt="gift card invoice" width="644" height="850" srcset="https://wp-blog-assets.coingate.com/2020/08/6.png 644w, https://wp-blog-assets.coingate.com/2020/08/6-114x150.png 114w, https://wp-blog-assets.coingate.com/2020/08/6-227x300.png 227w, https://wp-blog-assets.coingate.com/2020/08/6-500x660.png 500w, https://wp-blog-assets.coingate.com/2020/08/6-400x528.png 400w, https://wp-blog-assets.coingate.com/2020/08/6-200x264.png 200w, https://wp-blog-assets.coingate.com/2020/08/6-50x66.png 50w" sizes="(max-width: 644px) 100vw, 644px" />5. Check your email</h3>
Your gift cards should reach your email address in a couple of minutes. Delivery delays are uncommon but possible. In case you did not receive your vouchers, please contact our support team at <a class="keychainify-checked" style="color: #ff6600;" href="mailto:support@coingate.com">support@coingate.com</a> and let us know.

This is a guide that describes how to navigate CoinGate’s Gift Card store and purchase gift cards with bitcoin or other cryptocurrencies, step-by-step.

Create passive income online with CoinGate’s referral program

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