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Where can i buy gift cards with bitcoin

where can i buy gift cards with bitcoin

However, the one feature that we have truly blown away with on this platform was the fact that they actually go ahead and save your gift cards for you. Such points are then accumulated and then subsequently used as a discount on the next purchase of the buyer. Several leading corporations and their leaders went on record saying that the Bitcoin was going to play a huge role in the future and that sooner or later, it would be the one central currency of the world. For your convenience, we went ahead and scanned the internet for cryptocurrency platforms and exchange services, and started focusing on those which allowed for gift card exchange for Bitcoins. Once you do that, you will be shown a list of sellers, and you have to choose one from among them. 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. If at any time during the course of the transaction you feel that you might be being cheated on, or there is a bit of a risk associated with the transaction, you can instantly cancel the transaction from your end and all processes would cease instantly.

Gift Cards: What Are These?

Many people keep useless gift cards in their wallets, here are four safe ways to exchange them for Bitcoin. Disclaimer: The opinion expressed here is not investment advice — it is provided for informational purposes. It does not necessarily reflect gjft opinion of U. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing wherd you cannot afford to lose.

Who is Gyft?

where can i buy gift cards with bitcoin
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. Some of them can be bought too from a gift card shop for example, iTunes gift card, Disney gift card,e.

Steps to pay with Bitcoin

Many gkft keep useless gift cards in their wallets, here are four safe ways to exchange them for Bitcoin. Disclaimer: The opinion expressed here is not investment advice — bbuy is provided for informational purposes. It does not necessarily reflect the opinion of U. Every investment and all trading involves risk, so you should always perform your own research prior to byy decisions.

We do not recommend investing money you cannot afford to lose. Many people that do not know what to give their friends or family choose gift bbitcoin. Actually, this is a good and prudent decision, because gift card owner can gifh whatever they want for this money, so the present certainly will be valuable. The problem is that people often want to buy something in another shop, not in the one they have a gift card. Hence, the gift card becomes useless. In this wherw, to save money, the card should be sold or exchanged for Bitcoins.

The benefit of converting gift cards for Bitcoins is that this is a kind of investment. If a gift card is just kept in your wallet, you will not get any profit from. At the same time, if you exchange it for Bitcoins, you will get a digital currency that tends to increase its course.

Hence, after a while, Bitcoins may be quite more valuable than the cardwas. The money will not go down the drain. There are many services that allow exchanging gift cards for Bitcoins. It is important to note that any card is a less liquid asset then cryptocurrency. Hence, it is no wonder that after exchanging the amount of cryptocurrency you buu get less than the value of the card.

There are four ways to exchange useless gift cards for cryptocurrency safe and profitably. LocalBitcoins is one of the most popular markets for buying and selling Bitcoins. It provides an easy way to find a buyer who will consider exchanging on mutually beneficial terms, so it is easy to buy Bitcoins with a gift card.

It is kind of stock exchange, but unlike classic exchanges, LocalBitcoins has some features:. P2P deals. This means that users exchange the assets with each other, without any intermediaries. Exchanging different assets.

This is a key-point because different assets mean o of different countries, physical money and gift cards as. It is no wonder that the most valuable cards are issued by popular internet-shops and online-services.

Best-selling gift cards usually belong to such companies as:. However, Wwith does not have any restrictions. You can try to sell any of your gift cards, even where can i buy gift cards with bitcoin it 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 iwth card in a wallet. The main point of Purse bitccoin that it provides finding a buyer that will send you Bitcoins in exchange for a needed product from Amazon. In ahere it works quite easily:. Purse provides a service to avoid scammers in such deals.

It can ensure that buyers will get their stuff and gift card sellers will get the cryptocurrency. Actually, Purse ensures an escrow service in transactions. 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.

Cointal is a relatively new service for buying and selling cryptocurrency. It is slightly similar to LocalBitcoins. The advantage of Cointal is that it supports exchanging not only Bitcoin but also other cryptocurrencies, including Ethereum and Ripple. This is also a P2P service that provides users to implement deals with each. Overall, Cointal is an open marketplace for buying and selling cryptocurrency different ways.

Here hitcoin can buy Bitcoin not only with a gift card but also with PayPal, Google Wally and many more digital wallets. Paxful bircoin a New-York based online Bitcoin store. It accepts more than payments because the service supports a lot of digital assets. And the most important dhere that it dards provides to buy Bitcoin with an iTunes gift card.

It is important to note that Paxful is an open service. Hence, there may be many scammers trying to steal money. Wwhere is a freelance crypto-journalist since where can i buy gift cards with bitcoin He has a professional IT education and usually focuses on a technical side of blockchain projects. TD Ameritrade might consider adding support for the XRP cryptocurrency as its continues to explore new options.

Thank you for your interest! We will continue to monitor the market and consider additional opportunities going forward. Back in Decemberthe company claimed that it was still exploring the XRP space. Our team is working hard to make things like this happen. Alex Dovbnya aka AlexMorris is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption.

Alex authored more than 1, stories for U. Today, CryptoComes and other fintech media outlets. This site uses cookies for different purposes. Please set your preferences in Cookie Settings and visit our Cookie policy for more bircoin on how and why cookies are used on this site. Click here for cookie policy. By pressing the «Subscribe button» you agree with our Privacy Policy.

All crypto news. Cryptocurrency Trading. Put your crypto to work. Sponsored by Celsius. Eduard Whefe. Cover image via www. About the author Eduard Ezhov. Log in to leave comment:. Recommended articles. IQ MIning. Alex Dovbnya. Cover image via rf. About the author Alex Dovbnya. Click here for cookie policy Cookie settings Accept cookies.

Buying Gift Cards With Bitcoin

Summary of Best Ways to Buy Bitcoin With Bitcoins

In fact, even Master Card or Visa gift cards wyere work just as well and allow you to easily buy Bitcoins. If at any time during the course of the transaction you feel that you might be being cheated on, or there is a bit of a risk associated with the transaction, you can instantly cancel the transaction from your end and all processes would cease instantly. They will also be requiring the receipt of the gift card which you must have received at the time of the purchase. However, there is one substantial risk associated with this alternative you must keep in mind. Please note that these places will conveniently let you buy Witb with iTunes gift card or any other gift card you possess. CoinCards is unique in the sense that it actually offers Bitcoin gift cards especially made for Canadians, and also where can i buy gift cards with bitcoin to more than a hundred Canadian retailers. After initially failing to live up to all the hype, the Bitcoins made a triumphant return in Buy gift cards from over retailers.

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