CoinCola is the best place to buy Bitcoin with Gift Card. It is easy and convenient and supports virtually all of today's popular Gift Cards like Amazon Gift card, iTunes Gift Card, Google Play Gift Card, and more. Change your unwanted Gift Cards into Bitcoin today! Trade Your Bitcoin And Gift Cards We are one of the leading digital asset trading platform in Africa, where you can buy and sell your bitcoin and gift cards from the comfort of your home. Nov 22, · Legitcards allows you to buy bitcoin with gift voucher and sell BTC for the local currency. This platform supports a wide range of gift cards from UK, Canada, Australia, Singapore, Spain, Germany, Switzerland, and Newzealand.
Trade gift cards for btcHow to Trade in Amazon Gift Cards for Bitcoins - Instantly
The unprecedented popularity of the Bitcoin continues to this day and is in fact responsible for the big push currently experienced by the cryptocurrency industry. However, only recently have they received the kind of fame they deserve, and they owe it all to the Bitcoin. But for something that was explicitly created to make our lives easier, it sure can get pretty tricky to purchase Bitcoins. 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. The one thing you should ideally do before you exit is to leave some kind of feedback on the seller on the website so that future buyers may benefit from your experience, irrespective of whether it has been a positive or a negative one. You can then finally visit your wallet in order to check your new balance of Bitcoins which will certainly be updated after your latest transaction.
And even better is the fact that the complete transaction was completed in less than a day and did not take up a couple days or so as is usually the case with some credit card transactions.
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. Not every seller may be equally respectable or worthy to place your trust on, and this distinction must be made by the buyer himself.
In order to keep yourself safe and potentially free from all kinds of fraud, here 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. Make sure to take screenshots of your transaction and purchase process at various steps so that you have a saved record of how and when the transaction was taking place.
Every detail that you submit to the website could prove to be critical and important. To keep yourself safe, keep a good record of whatever information you have submitted to the website, and make sure to protect your personal details as much as you can.
Until it is absolutely necessary, do not give away your information. Remember that the very last thing you could want is for you to simply lose your money. You do not want to buy Bitcoin with Vanilla Visa gift card , and not even get any Bitcoins in return.
Feedback ratings are critical and important. Sadly, most of us deem them unnecessary and fail to check them while initiating a transaction. 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. Establish a firm communication with the seller before you make the payment from your end. Hi Harsh, I want to accept bitcoin in my e-commerce site where I want customers to pay by card or PayPal and I receive in bitcoin.
There are coin payment gateways but they require the user to already have bitcoin. Jay Technically you want to use the money to get Bitcoin. For now the only option for you is to buy directly from Bitcoin exchanges. Search for My Ether Wallet or Metamask and you will learn more about creating and using an Ethereum wallet. Morgan Purse. Other two place that you can explore are:. LocalBitcoins PaxFul. Can i buy any bitcoin with my amazon balance, or must it be a physical card?
Many thanks for your help. Thank you, so i can actually buy through amazon using my credit on there. Many thanks for your help, much appreciated. You have done a great Job. It would be great if you reply with the links where I can sell my bitcoins with Western Union. Other than Paxful and Localbitcoins. Your email address will not be published. Save my name, email, and website in this browser for the next time I comment.
Notify me of new posts by email. This site uses Akismet to reduce spam. Learn how your comment data is processed. CoinSutra was started in with the mission to educate the world about Bitcoin and Blockchain applications. Harsh Agrawal. An international speaker and author who loves blockchain and crypto world. Join us via email and social channels to get the latest updates straight to your inbox.