Trading Gift Cards For Bitcoin In 2021
Gift cards aren’t just that thing you find slipped into cards on your birthday they are tools that can get used for remittance where traditional systems have failed or are unreasonable. This phenomenon has led the way to a growing surge in people trading bitcoin and other cryptocurrencies for gift cards around the world.
The problem is the increasing restrictions on use, and the aging platforms of some peer-to-peer exchanges have made it hard to find a place to exchange gift cards for crypto safely, but there is a solution, and it’s the best way to trade gift cards as we head into 2021.
Sell Gift Cards For Cryptocurrency With No Commission On Buysellvouchers
If you want to make some good money, then its important to try and sell gift cards for cryptocurrency. This is a really good idea, it provides you with plenty of value, and you will be happy with the approach and attention to detail. Being able to sell gift cards for a profit and having crypto that eventually increases in price is delightful. You just have to find the right platform that suits all your requirements and needs, and thats where Buysellvouchers comes into play.
What is Buysellvouchers?
Buysellvouchers is a platform created in 2012 where you can sell gift cards for cryptocurrency and e-currency, and where people can use their crypto to access a variety of gift cards from multiple different categories. There are a plethora of categories to choose from here, like VOIP, Gift cards, Download or file hosting services, Mobile communications, Restaurants, Ebooks, Software, Prepaid vouchers, Games, and many others.
Sales with no commission
The best thing about Buysellvouchers is that you get to sell gift cards for crypto without any commission. The platform doesnt take any of your profits, so you can easily sell as many gift cards as you want without having to worry about any platform taking any of your money. Thats what makes Buysellvouchers ideal for everybody who wants to sell gift cards online.
What payment systems are supported?
How does Buysellvouchers work?
Disclaimer: This is a paid post and should not be treated as news/advice.
Buy Bitcoin From An Amazon Gift Card At Best Rates
We have discussed earlier that you can sell bitcoin for an amazon gift card. You can also buy bitcoin for an amazon gift card. If your amazon gift card is not being used and you are not going to buy anything from amazon then you can invest it in bitcoin trading by buying bitcoin through the gift card. You can buy BTC for an amazon gift card on the paxful, Purse, and LocalBitcoins.
The procedure to buy bitcoin from an amazon Gift Card is as follows:
- Register with either of the above-mentioned sites that facilitate cryptocurrency trading.
- Verify the email and log in
- Tap the buy bitcoin option
- Select Amazon gift card as a payment method
- Enter the amount with which you want to buy
- Learn the terms and conditions of the vendor
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How To Redeem Your Amazon Gift Card
As you buy an amazon gift card after this you have to redeem the Amazon gift card or gift voucher to your account. The funds are saved in Your Account and will be able to apply to the next qualifying orders automatically.
The procedure to redeem gift card is :
- Locate the claim file.
- Navigate to Redeem a Gift Card.
- Enter your claim code and then click the Apply to Your Balance button.
Giftbitexchange Enables Buying And Selling Of Gift Cards Using Bitcoin
How many gift cards to restaurants, retail outlets and online shops are sitting in peoples wallets or drawers, unused and creaking slowly toward an expiration date death? Its possible no one will ever know that actual number.
However, according to Charlie Peretich of GiftBitExchange.com, the amount of funds tied up in unused gift cards is worth paying attention to.
Gift cards are a multibillion dollar industry, and right now, there is an ongoing problem in the United States, says Peretich. According to the Bureau of Commerce, 77 percent of Americans have received a gift card in the last year and the average middle class American has $100 worth of unused gift cards sitting around. Money is essentially being wasted.
In an effort to connect gift card users, shoppers and those interested in Bitcoin with tangible and real-world relatable consumer experiences, GiftBitExchange.com is launching a program that will allow owners of unused gift cards trade them for Bitcoin. By selling unwanted gift cards for bitcoin, shoppers have more freedom to buy what they want, as opposed to using a gift card that only works at a particular store. Its also a novel way for holders of unwanted gift cards trade them in and accumulate bitcoin.
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Cash App Bitcoin Trade Sell Gift Card For Bitcoin
A cash app is used to send, spend, save and invest your money. It is an online peer-to-peer money transfer service. Cash App also works as a bank and provides its users with a debit card called a cash card that is used by them to send and receive money. You can trade in bitcoin using the cash app easily. To buy and sell bitcoin you open an account on the cash app by simple procedure and then log in.
To sell bitcoin using your Cash App, go to your Cash Apps home screen and choose the Investing page.
- Tap Bitcoin.
- Choose an amount you want to sell.
Choosing The Best Offers
Selecting the proper offer is one of the easiest parts of trading gift cards for bitcoins, but its also one of the riskiest. There are two parts to choosing the best offer: being able to filter the scammers out and 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. These can cause an incredible hassle on your trading experience, especially if youre new to cryptocurrency trading. Each platform has different tips and tricks when it comes to minimizing these risks. These tips and tricks can usually be found on the support pages of each platform .
For the actual deals themselves, you will ideally want to look for an offer where you can get more bitcoins with your currency. Along with that, youll want to look for a seller that is responsive so that theyll be able to release the bitcoins at once.
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Gift Cards: What Are These
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 are usually given out by organizations, stores, or employers as gifts or rewards.
Some of them can be bought too from a gift card shop . They can also be issued by marketers and retailers as part of a promotion strategy.
This is to entice the recipient to return to the store for more purchases. The cards cannot be cashed out and are redeemable only for buying things at the relevant store.
For example, a gift card issued by Jumia cannot be taken to the bank to cash out the money neither can it be used to purchase on Amazon. You can only use it to purchase from Jumia.
A general feature of these cards is that they are generally anonymous and are disposed of when the value stored on them are exhausted.
In some cases, the gift cards are subject to an expiry date. American Express, MasterCard, and Visa give out gift cards that need not be redeemed at a particular store and which are widely used for cashback marketing strategies.
Cashback marketing strategies, as the name implies, means money paid back to customers in cash after making a purchase sort of a reward for patronizing a particular retailer.The money paid back is gotten from a percentage of the amount a customer spends on an item.This percentage varies from one retailer to another.
How To Sell Gift Cards For Bitcoin On Prestmit
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Gift Cards To Bitcoin Exchange
You could have wondered, can you use gift card to buy bitcoins? And the answerwould be a resounding yes!
In a crisis circumstance like the current Covid pandemic, anything cantransform into money as the fiat framework may encounter cash deficiencies and fall.Digital currency enthusiasts have alternatives to exchange bitcoin and are not just glued tocash.One of the numerous available options is to sell off unused gift cards and get bitcoins inreturn. A lot of sites allow this and Prestmit is one of them.
For instance, if you have a googleplay gift card you don’t need and you’rewilling to exchange it for bitcoins, Prestmit got you covered.
You can sell any gift card including: iTunes, steam, googleplay, americanexpress, vanilla, target, best buy, apple, nordstrom, sephora, netflix, colorpop, walmart,ebay, footlocker, play station and many more…
Wait for card confirmation and get your payment.
Can I Buy Bitcoin With Google Play Card
Yes, simply head over to LocalCoinSwap and use the handy search bar to select that you wish to buy bitcoin using the payment method “Google Play Gift Card. Don’t confuse this with Google Pay, which is another form of payment type sometimes used for P2P exchange. Searching for traders that accept google play cards is easy on LocalCoinSwap.
Just select the options from the drop-down selectors, and you should end up with something that looks like this:
Suppose you want to buy from traders in a specific region. In that case, you can easily set that too and, if necessary, modify some other advanced options by clicking the secondary menu under the search bar. You can also sort the results by price, popularity, payment method, and cryptocurrency accepted.
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Best Website To Sell Gift Cards And Bitcoins In Nigeria 2021
So you may have read so many websites telling you about some of the best websites to sell gift cards in Nigeria. But the truth is that there are so many things that they wont tell you before you decide to trade on their website. Most of them offer Low Rates, so they dont really care if they give you good rates or not. But today, in this article, I will show you the best way to cash out and sell your gift cards and bitcoin in Nigeria for the highest rates in the market.
Esetech is the best website to sell gift cards and bitcoin in Nigeria. It is fast, convenient, and theyve introduced on-spot sales of gift cards and bitcoin, so you can track your sales and get instant payment.
Many websites will tell you that they offer fast payment, a high rate, etc. But the fact is that majority of them are rippers who are willing to take your money without delivering your bargain. Imagine, after using the gift card format to get gift cards, and then someone else takes it away from you it doesnt make sense.
Knowing the best website to sell your iTunes gift cards or generally sell gift cards in Nigeria isnt as difficult. One of the best things I look out for is a site that has an escrow.
An escrow is a security feature that allows people to transact without getting ripped. Let me show you an example
No other website has this feature, which makes it difficult for anyone to rip you of your gift card.
How Do I Redeem A Bitcoin Gift Card
If you ask this question, you may be confusing bitcoin gift cards with gift card cryptocurrency trading. The difference is bitcoin gift cards are offered by some companies and act as credit that is redeemable for bitcoin however, this is not the same as when you buy bitcoin with a gift card.
If you are wondering how to redeem a specific type of gift card that is redeemable for bitcoin, contact the provider of that card for specific instructions as individual types of cards will vary in how you can use them.
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Gift Cards For Bitcoin Platforms
While there are a number of platforms that let you sell gift cards for Bitcoins, not all of them are reputable. This means you need to be cautious before completing any transaction.
Additionally, some platforms have incredibly strict rules about the origin of the gift card. For example, many state that you must have the original receipt and that the gift card must be purchased with cash. If you are hoping to sell a gift card you received as a gift for Bitcoins, then this little caveat may derail your plans.
However, if you have the necessary documentation, one option for selling gift cards for Bitcoin is Paxful. The peer-to-peer company is willing to accept nearly any kind of gift card code, making it one of the most versatile options available. Plus, Paxful uses an escrow account to help guarantee that youll receive your Bitcoin, making it more secure than some other sites, and doesnt charge buyers any fees.
Things To Consider Before You Sell Gift Cards In Nigeria
These are the basic things you need to consider before you decide to sell your iTunes or Amazon gift card or even bitcoin in Nigeria.
- The security feature of the site
- A website that offers your promotions
- Good rates the rates are determined by the buyers of the gift cards
- Comfortable service
It might seem impossible to find a platform that offers all these, but I can show you one where I trade all the gift cards and Bitcoins I get from my clients. I teach people how to use the gift card format to get clients that will keep giving them gift cards. So if you are interested, you can feel free to check it out and see how to keep getting gift cards and iTunes cards to sell in Nigeria.
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Coincola The Best Otc Bitcoin Trading Platform
Established in Hong Kong, CoinCola is serving users in more than 150 countries, with supported payment options being national bank transfer, PayPal and cash deposit in USD, GBP, EUR and many more. CoinCola has a mobile app for quick and seamless trading of Bitcoin for other cryptocurrencies too.
More than 100,000 transactions are done on CoinCola each month, making it a reputable and trusted OTC cryptocurrency trading platform. The integrated platform of CoinCola has been designed from the ground up to offer the very best cryptocurrency trading experience for users.
CoinCola is the best OTC Bitcoin trading platform because it allows people around the world to use their local fiat currency to buy and sell Bitcoin and other cryptocurrencies. CoinCola does not charge anything for buying or selling cryptocurrencies. Deposits to your CoinCola wallet are free.
CoinCola has top security requirements, connecting every account to identification documents, with 2-factor authentication and SSL. CoinCola uses escrow service, giving buyers and sellers a lot of protection, making it impossible to cheat users.
Identity verification makes it easy to build trust. Users can pass face verification to partially lift their limits. CoinCola has 24/7 tech support. CoinCola offers affiliate and referral programs for extra rewards.
What You Will Need To Trade On Paxful
To trade your Gift cards or Bitcoins for money on Paxful, You have to first create an account. Creating an account on Paxful you will need
I. Valid Email Address
II. Valid Phone Number
III. Identification card for verification.
IV. Valid House Address
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How To Sell Sephora Gift Cards For Bitcoin Or Cash
Bitcoin is the best invention of our time.
Bitcoin is a cryptocurrency, meaning it works only by using the internet. Dont tell anyone you have Bitcoin because it can easily get stolen. Also, keep it in a wallet thats never on the internet, which is called cold storage.
Bitcoin lets everyone do banking without having access to a bank. For many people, such as those in Nigeria, this is a dream come true. Nigerians struggle with having basic infrastructure, with many of them having no electricity or documents. They want to work and trade but cant. This is where CoinCola, the best OTC Bitcoin trading platform comes in.
Thanks to the internet, Nigerians can easily buy Bitcoin via CoinCola.
Getting A Crypto Offer For Your Gift Card
Some platforms are focusing on specific markets. Pamcoins, for instance, operates in Nigeria which has demonstrated heightened interest towards Bitcoin in the past year. The service helps users trade Amazon, Ebay, Steam, Google Play, and Apple gift cards for either Nigerian naira or BTC and ETH.
To do this, Nigerians have to contact Pamcoins on Whatsapp and specify the gift card they want to sell with its amount to get the current rate from an agent. After they upload the card, Pamcoins promises payment within minutes. Crypto Voucher works in a similar way, providing a global exchange platform for gift cards and cryptocurrencies. First you get an offer depending on the card and its balance. Once you provide the card and your personal details, the platform will email you a cryptocurrency voucher you can redeem for a choice of coins including BCH, BTC, ETH, and DASH.
Gift cards also provide an opportunity to spend your bitcoins with businesses that dont accept cryptocurrencies directly. If you are looking to purchase cards for major retailers with BCH and BTC, you can check out Bitcoin.com Stores Gift Cards section. The cards are sorted in multiple categories from Food, Clothing and Health, to Fuel & Auto and Sports & Outdoors. You can also send a gift card to a friend with a few clicks and a fast crypto transaction. The service is powered by Egifter, itself a platform providing cryptocurrency holders with access to hundreds of gift cards.
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