Do you know that you can sell gift cards for Bitcoin? well in case you did not know, this article compiles of various ways to help you sell gift cards for bitcoin instantly. You can make use of P2P trading platforms to purchase Bitcoin using gift cards in nations like Australia, USA, UK and many other countries.
With some online bank accounts, you are able to top up your account with gift cards. Examples of banks where you can transfer money from gift card to bank account include the new online bank Revolut which is also available in the USA.
Unused gift cards with a total value of more than $1 billion go into waste each year. This is actually due to the fact that gift cards have become very popular, especially during festivities as a way to give presents to friends and loved ones. The average American counts $116 in unused gift cards.
Gift cards are of various categories but the most popular categories of gift cards are restaurants, department stores, prepaid cards (Visa/Master Card/American Express/Discover gift card), online stores like Amazon gift cards.
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What is a Gift Card?
A gift card is a prepaid debit card that contains a specific amount of money available for use for a variety of purchases. Store gift cards are designed to be used at specific merchants or retailers, while general-use prepaid gift cards are not affiliated with any specific merchant and can also be used to withdraw cash at automated teller machines (ATMs).
A gift card can be used to make purchases on various stores such as Amazon, Walmart or used on iTunes, Starbucks, etc.
Can I Buy Crypto With Gift cards?
Yes! there are several platforms that eases the process for people buying crypto using gift cards. You simply need to create an account to trade any gift card for bitcoin. Also, several companies are now letting the customers accept digital assets as a method of payment.
For this reason, when you sell your gift card for bitcoin, you will be able to buy goods and services, invest in cryptocurrency and even get crypto backed loans.
ALSO READ: How to Sell Gift Cards Online For Instant Cash (10 Best Sites).
Bitcoin to Gift Card Exchange
Aside from the fact that you can sell gift cards for bitcoin, you can also gift people digital assets like bitcoin. Below is how you can gift digital assets,
Gift Cards: There are several sites online that buy bitcoin gift cards. All you have to do is to find one that is trustworthy and also has good reviews. Once you have seen a suitable one for you, enter the amount you want to gift and pay for it. As soon as you have made the payment, you will be sent a crypto gift card that is worth the figure.
Crypto Exchanges: Gifting cryptocurrency via an exchange is also an option. You simply need to choose the exchange, create an account and choose a payment method.
Best Sites to Sell Gift Cards for Bitcoin
The introductions of sites that helps you sell gift cards for Bitcoin has made access to funds very easy from any corner of the world. Below are some good sites which you consider any time you want to convert gift cards to Bitcoin.
There are several types of cryptocurrencies. So it is advisable that you go for Bitcoin rather than shitcoins or scamcoins.
Bitrefill
Bitrefill is an amazing to trade gift cards for Bitcoin, Litecoin, Ethereum, Dash or Dogecoin. This platform accepts gift cards from Amazon, Apple, Walmart and Airbnb.
You are able to navigate through their offers and find something for yourself. You can recharge your mobile phone with crypto using Bitrefill. You can make use of these services in more than 170 countries and are supported by more than 750 businesses.
Crypto Voucher
Crypto Voucher is undoubtedly one of the best sites to trade gift cards for bitcoin. Like for example, you are able to exchange gift token for bitcoin, BitcoinCash, Ethereum and Dash.
In order to use this platform, you need to first of all enter your details and then the platform will email you the crypto voucher that you can redeem.
Gyft
Gyft is another top notch platform that you can use to buy, send and redeem gift cards with Bitcoin for nearly any brand. You can make use of their app to track gift card balances and send them to friends.
With Gyft, you will not incur any fees and it is certified with Digicert.
Egifter
Egifter is a great platform that makes Bitcoin to gift card exchange very easy. You can use the site to buy almost any kind of gift card from various brands using Bitcoin.
With this platform, you will not incur any fees and it is also very easy to navigate through. It has an excellent perk whereby for every 100 USD you spend, you obtain 100 points that you can later on use to get discounts
Paxful
Paxful is a P2P platform that you can use to sell gift cards for Bitcoin. All you need to do is to exchange your gift card for small fractions of Bitcoin. Paxful is compatible with a wide range of gift cards including Walmart, Google Play, Visa and Mastercard, eBay Domino's, Uber and T-Mobile refill cards.
ALSO READ: How To Sell My Gift Card On Paxful [3 Easy Steps].
Coincola
Coincola is another good site where you can sell gift cards for crypto. You can exchange Amazon, iTunes, Google gift cards for Bitcoin.
Coincola can also be used to trade local fiat currency in the exchange for cryptos like Bitcoin, Litecoin, Dash, Ripple and Tether. Do not worry about security when trading in this platform cause they have an excellent security that ensures that all your transactions are fully completed.
Bidali
Bidali is an excellent platform where you can exchange gift cards for almost any cryptocurrency. Bidali is a safe, secure and simple way to spend cryptocurrency on goods, services and mobile top-ups. The platform support over 20 cryptocurrencies including bitcoin.
Purse
Purse is a platform that lets users to obtain discounts when shopping on Amazon. This platform matches shoppers with users seeking to exchange Amazon gift cards for bitcoin. It has a Chrome extension which you can use to add goods and services to your cart. With this platform, you can benefit from discounts that amounts up to 33% for anything you buy using Bitcoin.
Can You Buy Crypto With Visa Gift Card?
Yes! you can quickly buy Bitcoin with Visa gift card via platforms like Paxful. With Paxful, you can sell gift cards for small fractions of Bitcoin in return.
Paxful is protected with Vault level security and regulated in the United States. Aside from Paxful, there are many other platforms which you can use to sell gift cards for Crypto.
Final Thoughts: How To Exchange Gift Cards For Bitcoins
Unused gift cards with a total value of more than $1 billion go into waste each year. This is actually due to the fact that gift cards have become very popular, especially during festivities as a way to give presents to friends and loved ones. The average American counts $116 in unused gift cards.
Do you know that you can sell gift cards for Bitcoin? well in case you did not know, this article compiles of various ways to help you sell gift cards for bitcoin instantly.
Above are some apps that lets your trade gift cards for bitcoin but before doing so, you will need to identify a platform that can allow you trade gift cards for bitcoin and then you create an account there.
Most at times, creating accounts with these Bitcoin trading platforms are free of charge so do not worry about having to pay a dime.
Frequently Asked Questions
Can I buy Bitcoin with gift card?
If you're looking for a safe and simple way to buy cryptocurrency with a prepaid debit card or gift card, you're in luck. There are a number of flexible and convenient options for adding to your crypto holdings using a prepaid Visa or Mastercard through BitPay.
Is there an app to convert gift card to Bitcoin?
Snappyexchange mobile app offers a lot of benefits to cryptocurrency and gift card traders.
What is the best site to convert gift card to Bitcoin?
Bitrefill is a great app to trade gift cards for bitcoin, Litecoin, Ethereum, Dash, or Dogecoin. It accepts gift cards from Amazon, Apple, Walmart and Airbnb.
Which gift card has the highest rate now?
Steam Gift Card Over the years, Steam Gift Card has maintained the top list of gift cards with the highest rates
Can I use gift card to buy Bitcoin on Binance?
Yes you can still redeem your Gift Card! Simply sign up for a free Binance account. Whether you want to redeem your Gift Card to crypto or convert it to fiat, it will be transferred to your Binance wallet.