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15Frequently asked questions
Can I use cryptocurrency to buy food?
Are there cryptocurrency gift cards for food?
What kind of cryptocurrency can I use to pay?
Coingate currently supports a number of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), XRP (XRP), Dogecoin (DOGE), Tether (USDT), TRON (TRX), and many more.
Could you please clarify whether gift card purchases with cryptocurrencies are subject to VAT?
Gift cards are exempt from VAT due to the Voucher Directive. As per this directive, vouchers used to purchase goods or services are not subject to VAT until redeemed. This means that the sale of a gift card is not considered as taxable event. Crypto payments are not taxable in VAT due to the ECJ case C-265/14. This case established that the exchange of traditional currency for virtual currency (such as Bitcoin) and vice versa is a transaction that is exempt from VAT under the EU VAT Directive.
I didn't receive the gift card I paid for. What should I do?
Once the payment is confirmed, please make sure to recheck all your inboxes (spam, promotions, socials, or other folders), if you have received a gift card. Please get in touch with us directly if you haven't gotten gift cards