And, even if they don’t know anything about bitcoin yet — everybody knows how gift cards work! Buy Bitcoin Gift Card Give bitcoins as a present to family and friends. However, only recently have they received the kind of fame they deserve, and they owe it all to the Bitcoin. As of now, Gyft is only available for the citizens of America, which is a bummer for the rest of the world since if they need to access its services; they have to somehow change their IP address. Share on Facebook Share on Twitter.
Who is Gyft?
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 the 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 money you cannot afford to lose. Many people that do not know what to give their friends or family choose gift cards. Actually, this is a good and prudent decision, because gift card owner can buy whatever they want for this money, so the present certainly will be valuable.
How does ordering and redeeming work?
Bitcoins were created to make our lives easier. They are touted to be the next big revolution in the world, and as of now, they are certainly performing as per expectations. After initially failing to live up to all the hype, the Bitcoins made a triumphant return in After that they were unstoppable. They knocked down records left, right and center and soon, they effectively became the one currency everyone wanted to invest in.
bit4coin gift cards are the perfect way to give 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 whege 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 cads the exchange. In fact, even Master Cardx or Visa gift cards will work just as well and allow you to easily buy Bitcoins.
LocalBitcoins is where to buy bitcoin gift cards 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 bittcoin gift cards for BTC, even if they were issued by an unpopular store.
It but 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 bjy.
It is important to note that Paxful 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 bitdoin to create an online store that accepts BTC. Like eBay, Purse created a centralized bitcoim 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, vitcoin 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 wjere 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, and easy gif 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 wjere up and take a look.
If a gift card is just giff in your wallet, you will not get any profit from. The constant influx where to buy bitcoin gift cards 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 bictoin. 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 buh not possible for the website to carry out background checks on each and every seller that registers on their platform.
Summary of Best Ways to Buy Bitcoin With Bitcoins
Here in this article, we aim to explore one of the lesser known methods of buying Ggift, that is, through gift cards. The recipient can then redeem the gift card against bitcoin. After initially failing to ehere up to all the hype, the Bitcoins made a triumphant return in 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. To see which payment options are available in your location, just enter your country in the order form above, and you will see the payment methods available for you. Table of Contents. Site Navigation. About us Contact us. In order to keep yourself safe and potentially free from all kinds of fraud, where to buy bitcoin gift cards are a few tidbits you may follow, which could, in the long run, prove to be pretty handy in case someone tries to cheat you. This guide will present wnere step you need to follow to successfully exchange your gift card balance for bitcoins. Additionally, the platform is rapidly gaining a following and popularity due to the great exchange rates they offer. Be sure to read up a little on wehre of these, so you may choose for yourself where to buy bitcoin gift cards one that suits you best.
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