If you are going to buy Bitcoin using Visa gift card, or any other gift card you desire, the first step, pretty obviously, is to first obtain these gift cards. You can buy them any of the many retailers that sell them. Buy Bitcoin (BTC) with Best Buy Gift Card Paxful makes it easy and secure for you to buy and hold cryptocurrency. Find the best offer below and buy cryptocurrency with Best Buy Gift Card today. Please wait while we find the best offers for you. 2 days ago · The platform operates on a P2P basis and you can buy and sell gift cards from 34 retail brands like Amazon, Ebay, Walmart, Home Depot, and Best Buy, using 32 cryptocurrencies including BTC, BCH, XRP, and ETH. Supporting the fight against the coronavirus pandemic, Redeeem recently introduced a 0% trading fee for all grocery store gift cards.
Trade best buy gift card for bitcoinBuy Bitcoin with Gift Cards – The Best Options Reviewed
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. Cons Buyers and sellers are at risk of being scammed.
Pros Available in every country of the world A diverse selection of buyers and sellers Supports many payment methods Buyers get their bitcoins fast Private. Cons Lack of cryptocurrency diversity Both sellers and buyers have a chance of being scammed.
Our Top Recommendation. Paxful 9. First, you must provide the card and your personal details, then this platform will email you cryptocurrency voucher you can redeem.
Egifter is one of the most popular places to purchase gift cards online or excha ge your gift token with the cryptocurrency of your choice. You can trade your crypto with gift token on this platform. GiftCards is one of the products of provided by bitcoin. It has a wide range of other products like bitcoin gaming, free bitcoin wallet among others.
The leading peer-to-peer P2P marketplace Paxful needs little introduction. All you need to do is set up a Paxful account and exchange gift cards with cryptocurrency.
One of the exchanges that facilitate gift card-crypto trades is Paxful, a leading peer-to-peer P2P marketplace with a global presence. You can trade over a hundred gift cards for bitcoin on Paxful.
Purse makes it simple for you to exchange your Amazon and iTunes gift cards with bitcoin or BitcoinCash. Here in this article, we aim to explore one of the lesser known methods of buying Bitcoins, that is, through gift cards. We first give you a little introduction on the matter, then go on to explain why buying Bitcoins with gift cards is great. Subsequently, we list the procedure you can use to buy Bitcoins using your gift cards, and finally list out the various services or platforms which will allow you to do that, along with the respective pros and cons for each.
There is actually a lot to cover, so let us simply dive in. Bitcoin gift card is sort of a blanket term. It covers exchanging your gift cards for Bitcoins, and vice versa as well. In this article, we will focus only on the former that is, exchanging gift cards for Bitcoins.
However, just so you know, it is, in fact, possible for you to buy your favorite gift card, be it for Amazon or Coffee Shop, by exchanging them for Bitcoins. Bitcoin gift card can actually prove to be the ultimate solution for a lot of worried users. For anyone who is finding buying Bitcoins from these exchanges a hassle, can always opt for this neat little method and have instant access to Bitcoins.
The constant influx of 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 coins. And all you have to lose is a few of your gift cards. You can, for example, buy Bitcoin with Walmart gift card. The great part is that gift cards from almost all retailers work for the exchange.
In fact, even Master Card or Visa gift cards will work just as well and allow you to easily buy Bitcoins. If you are going to buy Bitcoin using Visa gift card , or any other gift card you desire, the first step, pretty obviously, is to first obtain these gift cards.
You can buy them any of the many retailers that sell them. To initiate a transaction, in most cases, the first thing a seller asks for is an image of the back of the card which clearly lists the actual gift card code. They will also be requiring the receipt of the gift card which you must have received at the time of the purchase. Interestingly, some sellers may even accept e-codes or simply voucher codes that you get online, so you can possibly use them too.
Now we will talk about the exchange services or platforms which will actually allow you to make such a transaction. 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. There were LocalBitcoins and Paxful. So the next step in this procedure is to obviously create an account on either of these websites. Be sure to read up a little on both of these, so you may choose for yourself the one that suits you best.
Now the registration process in itself on both of these websites is pretty simple and takes up very little of your time. Now for you to start the trade, you need to conduct a search on the website you have chosen for sellers that actually accept gift cards. Once you do that, you will be shown a list of sellers, and you have to choose one from among them.
Be sure to read up on their trade offered, and the price they are willing to take so that you may make an informed decision on the best seller for your needs. Once you have found your perfect seller, you need to click to start a trade. That way, you will know that it is safe to give your gift card information to the seller.
Similarly, in case you have in possession an e-code for a gift card, all you have to do is look for a seller who accepts such an e-code, and then follow all the above instructions to make your payment. Now what is left is for you to conduct the transaction. As soon as the seller receives the gift card information and checks for its validity, they will immediately release the coins from the escrow. Once they do, the coins will be credited to your personal account.
They will available either in your wallet if you chose to link one, or whatever website you had chosen to carry out the transaction on. And that is it, you are all done and you now have access to your own Bitcoins, all in exchange for a gift card.