What giftcards can i buy with bitcoin

It allows for transactions without registrations and even offers Amazon gift cards and credit card vouchers. Secondly, one major area where eGifter seems to be lacking is that they do not have the option to sell gift cards for Bitcoins, and only the other way around. It covers exchanging your gift cards for Bitcoins, and vice versa as well. Leave a Reply Cancel reply Your email address will not be published. However, at the time of writing this article, we found that the portal currently exhibits a very selective collection of gift cards, which can be a bummer for those looking for a decent selection to choose from. If the cancellation must happen, make sure you do it before giving away your gift card details. Site Navigation.

Gift Cards: What Are These?

Well, did you know you could convert them into bitcoin? Here, we tell you how to buy Bitcoin using gift cards! Many buyers of Bitcoins remain uninformed about this avenue even when they have gift cards that they are not using. The great part is that gift cards from almost all retailers work for the exchange. In fact, even Master Card or Visa gift cards will work just as well and allow you to easily buy Bitcoins.

Who is Gyft?

In this post, I am not only going to show you how to buy Bitcoin with gift cards, but I will also walk you through the exchanges where you can do that. Unlike in the early years of Bitcoin, it has become remarkably easy to buy this pioneer cryptocurrency ; all thanks to the various exchanges available these days. At the end of this post, you will learn how to buy Bitcoin with gift cards in Nigeria and the exchanges where you can do that. Gift Cards are prepaid debit cards that contain a specific amount of money available to be used for a variety of purchases within particular stores or related businesses. These cards also known as Gift Vouchers are usually given out by organizations, stores, or employers as gifts or rewards for example, HealthPlus gift card, Jumia gift card, Spar gift card.

Steps to pay with Bitcoin

Well, did you know you could convert them into bitcoin? Here, we tell you how to buy Bitcoin using gift cards! Many buyers of Bitcoins remain uninformed about this avenue even when they have gift cards that they are not using.

The great part is that gift cards from almost all retailers work for the exchange. In fact, even Master Card or Visa gift cards will work just as well and allow you to easily buy Bitcoins. LocalBitcoins is one of the most famous Bitcoin peer-to-peer trading platforms. It is based in Finland and has been functional since And the good news is, it supports more than 30 payment methods including dealings in iTunes gift cards! LocalBitcoins does not have any restrictions.

You can try to sell gift cards for BTC, even if they were issued by an unpopular store. It is difficult to say how much money you will get for the card.

The price usually goes down, on average about 50 percent on this service. However, it is still better than just keeping a useless card in a wallet.

Paxful is like eBay for cryptocurrency. The platform offers more than payment methods to choose from, including that of loaded gift cards, making it one of the most unique platforms on this list.

Also, apart from LocalBitcoins, this is the only platform which offers both buying and selling options, which is another great feature in. It is important to note that What giftcards can i buy with bitcoin is an open service. Hence, there may be many scammers trying to steal money. Here you can buy crypto assets not only with a gift card but also with PayPal, Google Wally, and many more digital wallets.

It matches buyers, who want to buy BTC, with spenders who are looking to spend coins. The discount comes from buyers who exchange their Amazon credit for bitcoins. Gift card credits are hard to exchange, and Purse helps add liquidity to the market. Purse Merchants makes it easy for anyone to create an online store that accepts BTC.

Like eBay, Purse created a centralized database that makes it easy for buyers to spend their coins. There is another way to sell a gift card. You can sell it directly to Purse Company. It is less beneficial if we are talking about money, but the deal executes instantly, so you get money quite faster. Additionally, the platform is rapidly gaining a following and popularity due to the great exchange rates they offer.

However, CoinCards is currently available only for Canadian residents. The rest of the world might have to patiently wait for a really long time before they plan to expand their business. Bitit is a Paris-based company that makes buying bitcoin as fast and easy as possible, no matter where you are in the world.

Its most notable feature is the ability to make quick purchases with cash or card, from almost anywhere in the world. Founded inRedeeem is a peer-to-peer gift card trading company based in Los Angeles, California. Redeeem is a fast, safe, what giftcards can i buy with bitcoin easy way to buy and sell gift cards using Bitcoin and 19 other cryptocurrencies. They offer dozens of different brands, including Amazon gift cards. First, their anti-fraud technology requires buyers screen-record while redeeming cards, to protect against disputes between buyers and sellers.

Second, buyers and sellers do not need to open chat conversations, instead, the trading process is automated. Redeeem is a new contentor and is out there to do things differently, I encourage you to sign up and take a look. If a gift card is just kept in your wallet, you will not get any profit from.

The constant influx of regulations by the United States government, coupled with the lack of feasible and convenient international buying options have only worsened the situation. But with the gift card method, you simply bypass all these restrictions and get direct access to your coins.

Keep in mind that any card is a less liquid asset then cryptocurrency. Hence, it is no wonder that after exchanging the amount of cryptocurrency you will get less than the value of the card. There are some decisions that the buyers need to take for themselves as it is practically not possible for the website to carry out background checks on each and every seller that registers on their platform.

Buying Gift Cards With Bitcoin

Summary of Best Ways to Buy Bitcoin With Bitcoins

Interestingly, some sellers may even accept e-codes or simply voucher codes that you get online, so you can possibly use them. However, as always, there is also some bad news to go with the good ones. If it has, chances are that the seller is genuine and honestly wants to sell Bitcoins on the platform, whereas for unverified sellers, you can never really say. About us Contact us. Please note that these places will conveniently let you buy Bitcoin with iTunes gift card or any other gift card you possess. However, on the negative side of things, since Paxful happens to be a peer-to-peer marketplace, one must watch out for frauds or spammers. Bitcongress is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon. Such points are then accumulated and then subsequently used as a discount on the next purchase of the buyer. While LocalBitcoins sports a gigantic community, it does also pose a bit of a risk for buyers as it happens to be a peer-to-peer marketplace. And that is it, you are all done and you now have access to your own Bitcoins, all in exchange for a gift card. After initially failing to live up to all the hype, the Bitcoins made a triumphant return in However, there is one substantial risk associated with this alternative you must keep in mind. However, even a service of this caliber is not devoid of a few downfalls of its. Share on Facebook Share on Twitter. Also, similar to eGifter, YesToBitcoins too does not allow for what giftcards can i buy with bitcoin sale of gift cards for Bitcoins currently.