Dapp Spotlight: Bidali - How to buy from 2000+ brands!
June 22, 2023
TL;DR
What is Bidali? - Bidali is a dapp that enables users from 140+ countries to buy gift cards with crypto from a Valora wallet. There are over 2,000 popular retail brands such as Starbucks, Nike, Amazon and more available on Bidali.
What can I do with Bidali? - You can use stablecoins like cUSD or cEUR to purchase real goods from thousands of brands at both online and offline retail locations.
What opportunities do you have with Bidali? - Bidali makes it easy to purchase real things with your crypto. For those who don’t have access to a credit card or bank account, it’s an important and easy way to make digital purchases. For others, it’s a faster and less expensive way to spend your crypto without withdrawing through a centralized exchange.
Disclaimer: The following article is for informational purposes only. It should not be taken as an endorsement, investment, tax, financial, or other advice. The Bidali dapp is not built or maintained by Valora nor does Valora receive any payment or other form of compensation from Bidali. This article simply aims to provide an explanation of how many people around the world are using the Valora wallet to access and explore decentralized applications like Bidali. As with any Web3 solution, you alone assume the sole responsibility of evaluating the merits and risks associated with using any third-party decentralized application. The merchant, as well as its owners and affiliates (the "Brand"), for whom gift cards, mobile airtime, and other products and services are available within the Bidali dapp are not sponsors of Bidali, the Bidali Services, or otherwise affiliated with Bidali other than through a reseller, affiliate marketing relationship. Brand logos, trademarks, copyrights, and any other identifying marks attached to their gift cards or products sold by Bidali are solely owned by the Brand. For complete product terms and conditions, please review Bidali’s Terms of Use as well as each respective Brand's terms and conditions linked in each product's details.
What is Bidali?
Bidali is a dapp that enables users from 140+ countries to buy gift cards with crypto right from their Valora wallet. You can find over 2,000 popular retail brands in the Bidali app where you can use cUSD and cEUR for real world purchases like a cup of coffee from Starbucks, or Nike’s latest shoe drop.
Bidali’s integration with Valora now makes it easy for any one to use crypto savings or rewards across a wide selection of categories either online or offline at over 1 million physical retail locations worldwide.
What can I do with Bidali?
Bidali offers products from many categories of brands including entertainment, travel, home, groceries, gaming, clothing & accessories, mobile top up and more. Many of the most popular ones include online stores such as Amazon.com, restaurants such as Burger King, and global hotel brands such as Hilton. Depending on the country you live in, Bidali also has partnerships with local and regional brands, and they continually bring on new regional partnerships.
Bidali makes it easy to browse through, select or search to find a desired product. Once you make a gift card purchase with your Valora wallet, you’ll receive an email with a barcode & number that you can use either in a retail store or online through the brand’s ecommerce site.
How do I get started as an individual?
To start using Bidali, you will first need to connect to Valora. If you haven’t already - you can download the Valora app from the Apple App store or Google Play store here. It only takes a few simple steps to set up your Valora wallet.
Launch Valora
Launch Valora on your smartphone.
Add or swap crypto to get cUSD or cEUR in your Valora wallet.
Tap Bidali in the dapps page.
Use Bidali
Browse and Select a product on Bidali.
Enter the $ value in cUSD or cEUR, then tap “Add To Cart”.
Receive & Redeem by tapping “Check Out”, enter the email address for the gift card to be sent to, tap “Pay with Valora” and confirm the transaction (A special code will be sent to the email address for online or offline redemption).
What opportunities do you have with Bidali?
If you are a Valora user in a country or region with lower access to credit cards and banking services, Bidali provides a quick and easy way to purchase from major brands and retailers.
"We are proud to partner with Valora and their mission to expand financial opportunities to people around the world. Their focus fits perfectly with our mission to enable better financial access and reduce fraud risk for businesses. For many people crypto is the only global digital payment method they have access to because they are unable to acquire a credit card, and unlike credit cards, crypto transactions cannot be faked or reversed, which reduces our fraud risk significantly."
For Valora users who have credit cards, Bidali is a much easier alternative to cashing out crypto to make real world purchases. Typically, off-ramping crypto is a complicated multi-step process where you need to withdraw to a centralized exchange, sell your crypto for USD, withdraw it to a bank account, wait for it to deposit in your account, and then pay off the credit card charge after your purchase. Thanks to Bidali, Valora users can instantly make purchases with crypto for a variety of products.
One additional benefit of using Bidali through Valora, is that you can earn rewards on the assets in your Valora wallet, and then spend those rewards, savings or gains on everyday purchases with Bidali. When compared to a debit card account, where you often don’t earn interest on assets or points on purchases, this can be a great way to have your crypto pay for common purchases or expenses.
Why we’re excited
We’re excited about our partnership with Bidali as it enables all Valora users to make purchases from thousands of the world’s most popular brands. With Bidali, our community can hold and grow their savings in Valora - and then spend their earnings on the things they actually use.
Stay tuned and make sure to follow Valora and Bidali on Twitter to stay up to date on the latest brands available to use your crypto for real world products, made possible by our Bidali partnership!
