Kindle Fire Owners Getting Free Amazon Coins

by Nate Wooley | May 13, 2013 12:15 pm

amazon coin Kindle Fire Owners Getting Free Amazon Coins[1]All current and new owners of Amazon’s (NASDAQ:AMZN[2]) Kindle Fire will get a digital bonus this week.

Each owner will receive 500 Amazon Coins — equivalent to $5 — in their Amazon accounts to celebrate the launch of the digital currency, CNet reports[3].

The new digital coins — which can only be used in the Amazon Appstore — launch this week and can be used to purchase apps, games and in-app items for the Kindle Fire. Users will find the credit in their accounts this week.

Amazon announced the creation of the digital currency back in February[4]. Users can purchase the coins in small or large lots. However, if they buy in amounts greater than $50 — 5,000 coins — they will receive a 10% discount on the price of the coins.

“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,” said Mike George, Amazon’s VP of apps and games.

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Endnotes:
  1. [Image]: http://investorplace.com/wp-content/uploads/2013/02/amazon-coin.jpg
  2. AMZN: http://studio-5.financialcontent.com/investplace/quote?Symbol=AMZN
  3. CNet reports: http://news.cnet.com/8301-1023_3-57584160-93/amazon-coins-arrive-for-kindle-fire-users/
  4. creation of the digital currency back in February: http://investorplace.com/2013/02/amazon-launches-coins-virtual-kindle-fire-currency/
  5. Beware the Hot Money!: http://investorplace.com/247trader/beware-the-hot-money/
  6. Bitcoin Buzz: PayPal Considers Accepting Virtual Currency: http://investorplace.com/2013/05/bitcoin-buzz-paypal-considers-accepting-virtual-currency/
  7. Man Willing to Sell His Bungalow for Virtual Money: http://investorplace.com/2013/03/man-willing-to-sell-his-bungalow-for-virtual-money/

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