Nov 29, · Paxful is so far the easiest and safest platform to trade your gift cards for either bitcoin or money. And almost all gift cards in the world can be traded there. No matter the country the gift card was bought from either, Sweden, United Kingdom, United States Of America, Canada, Australia etc. Feb 25, · Nowadays, you can buy any gift card at your local store and trade it in for bitcoins at your favorite exchange. These gift cards include popular ones such as Amazon gift cards and iTunes gift cards to the lesser known ones like Subway gift cards. On platforms like Paxful and Localbitcoins, you can find almost ANY gift card to trade bitcoins for. Basic trading rules on Redeeem and important features that can help you earn profits and savings as high as 30% trading discount gift cards for bitcoin. Redeeem is a fast, safe and easy way to buy.
Trading bitcoin for gift cards4 Best Ways to Buy Gift Cards with Bitcoin in
Gyft is one of the leading platforms for managing your gift card business. It allows you to buy, send and redeem gift cards from almost any brand you can think of.
When using their app, you can conveniently keep track of your gift card balances and send then to your friends. The payment process is plain and simple: just pick a card and pay in Bitcoin using your cryptocurrency wallet. The great thing about Bidali is that they offer a huge selection of gift cards to purchase with almost any cryptocurrency you can think of. The platform offers a fast, secure, and simple way to spend your cryptocurrency on goods, services, mobile topups, and even pay your TV bills.
Purse is a unique platform that allows users to set their own discounts when shopping on Amazon by matching shoppers with those users who are looking to exchange their Amazon gift cards for Bitcoin. It also provides its users with the option of importing their Amazon wish lists and even earning by fulfilling orders. Crypto Voucher claims to provide the easiest solution for instantly buying cryptocurrency, one of which is via trading your gift cards.
Just fill in the info regarding your gift card along with your personal info and wait 1 business day to receive your cryptocurrency voucher. To get your crypto to your wallet, you simply need to redeem the voucher. The difference between the two peer-to-peer platforms is that Paxful has a better customer support system. That is the key factor that Paxful has over Localbitcoins. With Localbitcoins on the other hand, people including myself have complained about both a laggy site and an unhelpful customer support team.
Some people may have different opinions, but whoever is reading this should know that the key to choosing a platform is a preference. Choose whatever makes you feel more comfortable. There are two parts to choosing the best offer: 1 being able to filter the scammers out and 2 selecting the best deals concerning pricing. The trick to minimizing risks depends on the platform you decide to trade on. The risks are something that every trader should be aware of.
These risks include the code being ripped from your gift card and sellers being unresponsive. Each platform has different tips and tricks when it comes to minimizing these risks. For the actual deals themselves, you will ideally want to look for an offer where you can get more bitcoins with your currency. After you have given the seller all the requirements and followed all of his or her instructions, wait for him or her to release the bitcoins from escrow both Paxful and Localbitcoins use an escrow system that protects buyers.
The process of buying bitcoin with gift cards can easily be reverse-engineered. Selling your bitcoins for gift cards is just as easy as the other way around. Giving clear offer terms and instructions are good ways to make your selling experience more comfortable and more efficient.
Obviously, the process of selling bitcoins would be different for each platform so be sure to explore each platform carefully and see which process fits you more. There are no additional fees for making a purchase with bitcoin with eGifter and you can also earn extra points when you buy gift cards with bitcoin.
The best part is you can use your accrued eGifter points to pay for future gift cards. A peer-to-peer platform is highly recommended for these trades, and although there are a bunch to choose from, Paxful and Localbitcoins are probably your best bets.
Welcome to the roller-coaster! There are thousands of gift cards available to buy and sell with bitcoin. This guide will simplify all the ways you can buy and sell gift cards for bitcoin online easily. Best Peer-To-Peer Marketplace. Learn More. Best Gift Card Marketplace. Best Marketplace.
Our Top Recommendation Paxful. CoinCola is a cryptocurrency exchange based in Hong Kong that supports peer-to-peer trading. It has a separate gift card trading section where traders can sell and buy Bitcoins for gift cards. Similar to other platforms, it depends on the buyers and sellers, whether the use of cards that are purchased online is allowed. Coincola also chargers an additional 0.
To get started with Coincola, you are required to process with KYC documents, but other than that it is still a perfect place to buy Bitcoins using gift cards. Sing Up on CoinCola! If you have unwanted gift cards that are just sitting in your wallet, what could possibly be a wiser investment then purchasing some Bitcoins with them? Not only can you bypass government regulations, and access the world of digital goods with Bitcoins, but you may also increase your buying power, as the government money printing continues.
Therefore it is actually quite a smart investment as well. That being said, these are our most recommended choices when it comes to purchasing Bitcoin using gift cards. Your email address will not be published. September 16, Exchanges , Trading. Because you can buy Bitcoins by exchanging your gift card for Bitcoins.