Adding Steam Gift Cards as a payment method to Bisq could benefit the platform in several ways:
User Convenience: Steam Gift Cards are widely used by gamers and can provide a convenient way for them to buy and sell cryptocurrencies.
Global Popularity: Steam is a popular gaming platform worldwide, making Steam Gift Cards accessible in many regions.
Reduced Chargeback Risk: Steam Gift Cards are typically non-refundable once activated, which could reduce the risk of chargebacks and disputes.
Region
Steam Gift Cards can be used in various regions where Steam is accessible. This includes many countries around the world.
Currencies
Steam Gift Cards are often available in the local currency of the region they are purchased in. They can be used to buy items on Steam, which primarily uses major global currencies.
Chargeback Risk
The chargeback risk with Steam Gift Cards is relatively low, as they are generally non-refundable once activated. This could make them a favorable payment method for Bisq's decentralized trading platform.
Size of User Base
As long as Steam is available in a country, anyone can buy them online or in store so the user base is pretty big.
Data Requirements
To accept a payment via Steam Gift Cards, a user would typically need to provide the recipient with the unique code or card details associated with the gift card. Additional details may vary based on the specific trade and the requirements of the Bisq platform.
Verification
Payments involving Steam Gift Cards can be verified by confirming the validity of the card and its code. This can be done by the recipient checking the card balance and authenticity before releasing the cryptocurrency.
Duration
The code activation is instant so the duration would be very short.
Fees
Buying gift card does not involve fees.
Fraud Risk
Steam Gift Cards have a relatively lower fraud risk compared to some other payment methods because they are physical or digital cards with unique codes.
Payment Amounts
Steam Gift Cards typically have a predetermined face value. The minimum and maximum payment amounts for Bisq trades involving Steam Gift Cards would depend on the denominations of available cards. Multiple cards can be bought for higher amounts.
Payment Description
In many cases, when sending payment via Steam Gift Cards, there's usually no option to add a custom note. However, traders can communicate through Bisq's messaging system to include relevant trade information like the Bisq trade ID.
Why
Adding Steam Gift Cards as a payment method to Bisq could benefit the platform in several ways:
User Convenience: Steam Gift Cards are widely used by gamers and can provide a convenient way for them to buy and sell cryptocurrencies.
Global Popularity: Steam is a popular gaming platform worldwide, making Steam Gift Cards accessible in many regions.
Reduced Chargeback Risk: Steam Gift Cards are typically non-refundable once activated, which could reduce the risk of chargebacks and disputes.
Region
Steam Gift Cards can be used in various regions where Steam is accessible. This includes many countries around the world.
Currencies
Steam Gift Cards are often available in the local currency of the region they are purchased in. They can be used to buy items on Steam, which primarily uses major global currencies.
Chargeback Risk
The chargeback risk with Steam Gift Cards is relatively low, as they are generally non-refundable once activated. This could make them a favorable payment method for Bisq's decentralized trading platform.
Size of User Base
As long as Steam is available in a country, anyone can buy them online or in store so the user base is pretty big.
Data Requirements
To accept a payment via Steam Gift Cards, a user would typically need to provide the recipient with the unique code or card details associated with the gift card. Additional details may vary based on the specific trade and the requirements of the Bisq platform.
Verification
Payments involving Steam Gift Cards can be verified by confirming the validity of the card and its code. This can be done by the recipient checking the card balance and authenticity before releasing the cryptocurrency.
Duration
The code activation is instant so the duration would be very short.
Fees
Buying gift card does not involve fees.
Fraud Risk
Steam Gift Cards have a relatively lower fraud risk compared to some other payment methods because they are physical or digital cards with unique codes.
Payment Amounts
Steam Gift Cards typically have a predetermined face value. The minimum and maximum payment amounts for Bisq trades involving Steam Gift Cards would depend on the denominations of available cards. Multiple cards can be bought for higher amounts.
Payment Description
In many cases, when sending payment via Steam Gift Cards, there's usually no option to add a custom note. However, traders can communicate through Bisq's messaging system to include relevant trade information like the Bisq trade ID.