Cryptocurrency exchange CoinCorner has launched a new service that will reward customers with Bitcoin when they shop online.

It claims the cashback service is the first-of-its-kind to launch in the UK and CoinCorner has partnered with more than 400 UK retailers - including Burton, Twinings, Confused.com, Ninja, New Era and Morphy Richards.

CoinCorner’s more than 200,000 customers can browse through hundreds of online retailers listed on the platform’s directory, before clicking through to their chosen site and shopping as normal.

Chief executive Danny Scott said: “It works just like a regular cashback service such as Quidco or TopCashback, but instead of customers receiving cashback in GBP, they receive the Bitcoin equivalent.

“We obviously keep an eye on what is going on in the industry and have seen that Bitcoin cashback sites are proving popular in the US - it’s always been our mission to make Bitcoin more accessible and we believe that this is one of the simplest ways for people to get involved.”

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