A new cryptocurrency developed by Amazon has been making headlines. The system is called Amazon Crypto Coin, and it’s designed to use for in-app purchases in the Kindle Store, Appstore, and on Twitch. If you plan to purchase something on these platforms, then this digital currency could come in handy. However, is it worth getting? Here are some pros and cons of this crypto coin that may help you make your decision.

 

The Pros

Today, Amazon is releasing their own cryptocurrency called AmazonCoin. This is a good thing for Amazon because it will allow them to have a more flexible system where they can trade in their own currency rather than a third-party currency.

If Amazon Crypto Coin will be a good deal depends on how it’s used. Consumers should be able to use AmazonCoin for in-app purchases, subscriptions, and purchases from the Kindle Store, Appstore, and Twitch. This could potentially increase the demand for AmazonCoin from consumers which would lead to a higher value of the currency.

The main argument for AmazonCoin is that it will allow consumers to use their own currency rather than a third-party currency. If AmazonCoin does end up being successful, then that could be a major win for Amazon and consumers alike. However, if people don’t want to use it for their purchases, then it could end up being unsuccessful and a waste of time for Amazon.

 

The Cons

It’s only worth using for in-app purchases

AmazonCoin can only be used for in-app purchases on Kindle Store, Appstore, and on Twitch. If you don’t use these services, then this coin isn’t for you. You also can’t buy other things with AmazonCoin like you can with Bitcoin.

It’s only worth one coin per $1

If you’re looking to invest in cryptocurrency, then AmazonCoin might not be worth your time. There are other opportunities that may provide more value.

 

Conclusion

The AmazonCoin cryptocurrency is a good option for Kindle, Appstore, and Twitch users. If you use these platforms, then this digital currency could be a worthy purchase.

AmazonCoin is a new digital currency that’s designed to be used for in-app purchases in the Kindle Store, Appstore, and on Twitch. The system is designed to be integrated with the Amazon account and will allow you to spend this cryptocurrency instead of American dollars.

If you use any of these platforms and want to give the new currency a try, it could be a good idea to get started. However, there are some drawbacks that you need to know before buying.

This new cryptocurrency is not available for use outside of the Kindle, Appstore, and Twitch platforms. This means that if you want to spend AmazonCoin outside of these platforms, it won’t work.

That said, if you use these three platforms and want to give this new crypto coin a try, it could be worth buying. Just remember that this new crypto coin will not work outside of the Kindle Store, Appstore, and Twitch.