12 Platforms Allowing You To Trade Gift Cards With Cryptocurrencies

Trades occur directly between buyers and sellers, Totalcoin serves as a guarantor of fair and safe trading. Once the payment is confirmed, please make sure to recheck all your inboxes , if you have received a gift card. If you haven’t received gift cards, please contact us directly and our customer support agents will check your order. It’s entirely virtual, but essentially operates just like cash. In fact, you can trade actual cash for Bitcoin, and then keep it in its own Bitcoin bank to hold until you’re ready to spend it. If you happen to have a gift card you don’t want, some platforms allow you to instantly exchange it to the crypto of your choice. We do not currently store your coins (we are investigating adding custodial wallets!) so you will need to create a wallet before using this service. Similarly to a physical wallet, a cryptocurrency wallet is designed to hold your money so that no one without the digital keys can access it. Now that you are armed with platforms you can use to convert your unused gift cards into Bitcoin, all you need to do is choose one and sign up, which should be pretty easy. Once you have found a reliable seller, you need to start a trade.

• But every day the cryptosphere is growing by leaps and bounds, so in the future, you can expect a lot more services like this.
• To do this, Nigerians have to contact Pamcoins on Whatsapp and specify the gift card they want to sell with its amount to get the current rate from an agent.
• Ideally, you want a trader with a positive feedback score, decent trade volume, and good feedback from previous trades.
• We can cancel your order if it has been listed with us but not yet sold to a buyer.

In the same way that Bitcoin has decentralized money, Ethereum can decentralize anything. Bitcoins, and cryptocurrencies for that matter, have slowly gained a reputation for being at the forefront of the next industrial revolution. It is awesome known that the total number of Bitcoins that can exist at any given time is 21 Million, with the last Bitcoin estimated to be mined in 2140. Perhaps this explains why everyone wants to invest in some, there might be no better time to do so than now. Once you select your ideal offer, you’ll see the individual trade page. Follow the set of instructions on the page to make sure your trade goes smoothly. As we continue our series on how to buy Bitcoin, we will now show you how to swap an unwanted gift card for Bitcoin. If you don’t already know, there’ll only ever be 21 million bitcoins in existence. Now’s the time to educate yourself about cryptocurrency and perhaps acquire some precious Bitcoin. LocalBitcoins gives vendors the ability to create offers in all currencies.

Gift Cards To Bitcoin Exchange

Read more about Litecoin to Bitcoin here. Bitcoin is a digital currency created and stored electronically. You can use Bitcoin to purchase goods and services, or conduct financial market operations. The Bitcoin network is not subject to any institutional control. We provide no verification required cryptocurrency purchases in the form of debit card purchases. Cryptocurrencies are a new kind of digital currency that even strangers can safely send and receive without relying on banks and governments . Choose the type of gift card you have, and enter the gift card number and pin. We do not store or use this information until you have accepted our offer. LocalBitcoins and Paxful are the two most popular peer to peer Bitcoin marketplaces. Both of these sites work in the same way, however LocalBitcoins seems to have a larger community, we recommend you check them out before using Paxful. The platform saves all of your gift card codes on the platform, meaning that you won’t have to worry about losing your gift cards.

Protected by their secure escrow system, you can be assured you’ll get your bitcoins directly in your wallet once payment is made. Paxful removes the middleman, allowing potential buyers and sellers from all over the world to meet and trade directly with each other, easily, quickly and securely. For the actual deals themselves, you will ideally want to look for an offer where you can get more bitcoins with your currency. Along with that, you’ll want to look for a seller that is responsive so that they’ll be able to release the bitcoins at once. The problems of Localbitcoins arise when everything DOESN’T goes smoothly. Localbitcoins, like Paxful, is also susceptible to scammers (as all peer-to-peer platforms are). Their customer service also isn’t the best when you have a problem that you need to be fixed. Paxful is a person-to-person marketplace that supports over 300 payment methods. There are thousands of gift cards available to buy and sell with bitcoin. On Prestmit, you can sell any unused gift cards at amazing rates.

Time To Explore!

On the site, you can find both physical and electronic cards at up to 35% off with free shipping, so you can get some great deals. What’s the point holding on to a gift card you do not need when you can easily get the cyrptocurrency equivalent that you need, for it. Complete verification and upload your prepaid gift card and its receipt using our order system above. Since there are a lot of details to unpack, you must analyze each one carefully. Make sure that you’re able to submit all payment requirements .

So let’s get in and see some of the services that allow you to buy bitcoins with a gift card. Once you have selected a gift card, you can choose the option “E-gift? ” in the checkout, where you can add the receiver’s name, email address, and message. Paxful is one of the most active Bitcoin trading platforms, with over 6 million users. Trades from all over the world can chat and trade bitcoins without any hassles or excessive commission. Once the payment is made, you’ll be sent a gift card worth the figure that you deposited. Similar to how standard retailer gift cards work, the recipient can redeem the gift by going on the same website and entering the details displayed on the card. To redeem your voucher code you need a crypto wallet to store your cryptocurrency in.

Gift cards are one of the most popular payment methods on Paxful because it’s easy and simple to trade. Localbitcoins is one of the older peer-to-peer platforms, so it has more experience in a long time than it’s been around. They pride themselves on having every payment method imaginable and providing anonymous options for people who want to keep to themselves. When everything in your trade goes smoothly , Localbitcoins is a fast way to buy bitcoin. The first step to buying bitcoins with gift cards is making an account on either Paxful or Localbitcoins. We’re going to give you the pros and cons of each platform and let you decide which one suits you the most.

Cryptocurrency users have options to trade bitcoin beyond traditional money. A number of platforms will let you exchange retailers’ gift cards with digital coins or sell you just about any gift card for crypto. First, you need to register on a P2P platform that supports gift card trades. Search for the offers on the platform that offer bitcoin exchange. Select the vendor that best suits your rate, and read the payment terms and conditions. Once you accept the trade and submit your gift card details, you’ll receive bitcoins in your wallet on the platform. To do this, Nigerians have to contact Pamcoins on Whatsapp and specify the gift card they want to sell with its amount to get the current rate from an agent. After they upload the card, Pamcoins promises payment within minutes. Crypto Voucher works in a similar way, providing a global exchange platform for gift cards and cryptocurrencies. First you get an offer depending on the card and its balance.

Buy Bitcoins Instantly With Gift Cards Via Peer

For anyone who is having trouble buying Bitcoin, this method provides a simple yet effective solution. For example, one can exchange their unwanted Walmart gift cards for Bitcoin, what’s great is that gift cards from most retailers can be exchanged for cryptocurrency. This service allows you to buy crypto with more than 300 widespread payment methods, including Credit Card, Debit Card, PayPal, Gift Card, Bank Transfer, etc.. Bitcoin will transferred to your BitMart bitcoin wallet after the transaction. Coinbase has debuted a new feature allowing users to purchase gift cards with cryptocurrency from brands such as Uber. First of all, it is necessary to approach the choice of purchasing Bitcoin carefully.

Bitit is a prepaid Bitcoin gift card from €25 to €250 that can be redeemed into Bitcoin. An increasing number of small merchants and large businesses are now accepting Bitcoin payments. If you have any questions about buying BTC and other cryptocurrencies or using the Binance platform, our Support Center is available to answer all of your questions. Binance is the world’s most liquid cryptocurrency exchange, with the biggest volumes across multiple crypto pairs. Buy stablecoins listed on Binance by wiring money from your account to the providers of these coins. Then, use these stablecoins to buy Bitcoin on Binance exchange. Pretty much every country there are exchanges operating, but not everyone wants to buy Bitcoin from exchanges. Once you agree everything, a live chat will open between you and the seller. The seller will ask you to take a clear picture of the card’s code, and they might even ask for a receipt for proof of purchase.

However, these gift cards usually have a minimum and a maximum amount to use. EGiftereGifter offers you a simple way to buy all kinds of gift cards with Bitcoin. The platform is easy to navigate and provides you with a quick checkout process together with zero extra fees and eGiter points. For every 100 USD that you spend, you receive 100 eGifter points which you can use later on for discounts. Payments can be made through credit cards, debit cards, Bitcoin, and a range of ewallets including PayPal. Bidali is another alternative for gift card buyers offering a rich selection of cards and dozens of supported cryptocurrencies, stablecoins and tokens. Gyft lets you choose between over 200 retailers and pay for gift cards with crypto. On July 2021, Binance launched their Gift Card product for Binance users to easily send cryptocurrencies as gifts to their friends and family.

Tap Use Camera to use your mobile device to capture the image from your desktop computer. You can also choose to enter your code manually and tap Return. An international speaker and author who loves blockchain and crypto world. Also, the project is still in its infancy stage, so I advise you to proceed with caution. Don’t worry, the solution to this problem is now available, many platforms emerging to let you buy Bitcoin using different Gift Cards. Gift Cards are the best option for getting discounts or sending them to your distant relatives so they can shop.

We believe everyone deserves the chance to gain, profit, and benefit, which drives us to help those most in need. For instance, if you have a googleplay gift card you don’t need and you’re willing to exchange it for bitcoins, Prestmit got you covered. Most Bitcoin ATM companies don’t even have 1000 locations for you to purchase Bitcoin from. Turn your cash into Bitcoin at over 85,000 locations by purchasing a prepaid gift card and creating an order on Bit Depot! Even if you find the perfect vendor for your needs, it won’t matter if he/she isn’t available. If you initiate a trade with someone that isn’t available, there’s a good chance that you’ll lose the trade. Because vendors can set a payment window when they create offers, trades can expire. Make sure that your vendor is active before starting any trade.

Most importantly, do not upload or provide your gift card details until you are absolutely sure you want to proceed with the transaction. CoinCards is a great gift card exchange that is made for Canadians. With over 100 Canadian retailers, and some great exchange rates, this is the go to marketplace for anyone living in Canada. The website is rapidly growing in popularity making it easier to find great deals. The best feature of this platform is that they will save all your gift card details on site. This means that if you forget or lose your gift card codes then you always have a backup on the site. Another great feature unique to the platform is the group gifting initiative. This setup allows a buyer to create a group gifting project, all members of the group can then contribute towards the paying for the gift card that has been chosen by the group. Further, unlike with Paxful where gift cards have to be imprinted with their exact denominational value, Purse allows you to exchange even a fraction of your gift card for Bitcoin.

By picking the right coin at the right time – click the button to learn more. On the flip side, being a peer-to-peer marketplace, one needs to be wary of fraudsters and scammers. The BitCard® utilizes an FDIC-backed custodial account powered by a chartered Nevada trust company, and our trusted exchange partner 1Konto, to get Bitcoin. Thinkmaverick.com earns commissions from some of the services/products listed on this site.Read more. “There are onlytwo types of exchanges, the ones that have been hacked and the ones thatWILL BE HACKED.” ~Winson, Founder of Coinzodiac. Don’t store your Bitcoin on an exchangeany longer than you need to. When shopper confirms receiving the order, bitcoin will be released from the escrow to your account. If you have any questions, use the chatbox to contact directly with your seller. You’ll then be taken to the offer page, where in you can confirm the details and terms.

Using an average of general trade trends, transactions only take a few minutes. The PAYOUT ADDRESS you input on the trade page is where your payment will be sent once the trade is completed. A notification will also be sent to your email containing the payment transaction link. Is quite simple, we have made the exchange process simplistic enough for a below average user to understand it.