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Amazon Coins launched for Kindle Fire Users

May 13 2013, 8:27am CDT | by , in News | Technology News

Amazon Coins launched for Kindle Fire Users

Amazon launches virtual currency for Kindle Fire users named Amazon Coins. Every Kindle Fire owner will get $5 worth of free coins.

Amazon today announced that customers can now use Amazon Coins to purchase apps, games and in-app items in the Amazon Appstore and on Kindle Fire. To celebrate the launch, existing and new Kindle Fire customers in the U.S. have had 500 free Coins—a $5 value—deposited into their Amazon accounts today. For customers, Amazon Coins is an easy way to purchase apps and in-app items on Kindle Fire, and for developers it’s another opportunity to drive traffic, downloads and increased monetization. With discounts of up to 10% for purchasing Coins in bulk, it’s also an opportunity for customers to save money on their app and game purchases. Customers can purchase Coins by visiting this page

“Today we are giving Kindle Fire owners $5 worth of Coins to spend on new apps and games, or to purchase in-app items, such as recipes in iCookbook, song collections in SongPop or mighty falcon bundles in Angry Birds Star Wars. And with discounts of up to 10% when you buy Coins, this is a great way for customers to save money when they buy apps, games and in-app items,” said Mike George, Vice President of Apps and Games at Amazon. “We will continue to add more ways to earn and spend Coins on a wider range of content and activities—today is Day One for Coins.” 

So if you are Kindle Fire owner you have now 500 Amazon coins. 100 coins are worth $1. If the Amazon coins will take off remains to be seen. As they are not going to be traded it is not your next BitCoin.

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