Sep 16, · To get started purchasing Bitcoins using gift cards, you will need to find a proper platform where you can exchange the gift card for Bitcoin securely. And in order to sell your card, the platform will require an image of the back of your gift card since it shows the code of your card. Buy PC games and Steam gift cards with Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Monero (XMR), Litecoin (LTC). Our store is simple to use . Feb 25, · On both Paxful and LocalBitcoins, you can buy or sell just about any type of gift card including iTunes gift cards, Amazon gift cards, Google Play gift cards, and more for bitcoin instantly and securely. Popular Exchanges To Buy Bitcoin With Gift Card Instantly.
Buy gift card psn with bitcoinBuy Gift Cards With Bitcoins or Altcoins With Coinsbee
In order to purchase any of these vouchers, all one has to do is browse through the platform, choose the product they wish to purchase, enter contact information, and make payment using any of the supported cryptocurrencies. Once the crypto transaction is processed, users will receive the digital voucher code on their email which can be redeemed on the platform for which they are bought.
While the platform is open for users from across the world, some of the products may be region-specific. Users should verify to ensure that they are purchasing the right product before placing the order. The sign-up process on Coinsbee is simple and straight forward. Users will have to just enter their full name, email id, date of birth, postal address, and set a password.
Once registered, they will be able to log in at any time, manage their orders and access their purchase history. All the data supplied to the platform are encrypted for secure storage, to be used exclusively to comply with legal regulations. However, it is not compulsory for users to create an account or provide identifiable personal information unless the per day transaction value crosses EUR There is an overall total limit per email address capped at EUR for a transaction without verification.
The limits can be extended up by completing different KYC steps. These limits are entirely removed for accounts with complete KYC verification. The platform also has a good customer support system in place where users can submit a support ticket with their queries. Once the ticket is raised, the platform addresses the issues within 24 hours. Coinsbee is an easy to use platform on which a wide range of e-commerce, gaming, and mobile recharge vouchers can be purchased with various cryptocurrencies.
While the huge community is a terrific feature to go with, it does create problems of its own. With a great number of users, comes a greater risk of hidden frauds or fraudulent schemes existing for the sole purpose of duping you off your money.
As the name clearly suggests, eGifter is an online portal for buying gift cards for various online services and platforms. Such points are then accumulated and then subsequently used as a discount on the next purchase of the buyer. If you looking to convert your gift card to bitcoin, then you can make use of this site.
There is no added extra fee for the purchase of Bitcoin gift cards. Another pretty intuitive and unique feature that eGifter has managed to implement and we are yet to find in any other online platform is the group gifting initiative. As per this plan, a buyer is free to create a group gifting project and all the respective members of the group then have to contribute towards meeting the actual value of the gifting card that has been chosen collectively by the group.
Additionally, eGifter allows for a variety of payment methods, catering to a wide range of audience. Such a wide variety of payment methods are seldom found in a single exchange and makes for a pretty satisfying experience for the users. 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.
This way, even if you happen to lose your gift card, or forget the code on it, you can always come back to the portal and look it up. However, even a service of this caliber is not devoid of a few downfalls of its own.
Firstly, while eGifter does sport a good variety of gift cards for your consideration, they are still lesser in number to those offered by Gyft. Secondly, one major area where eGifter seems to be lacking is that they do not have the option to sell gift cards for Bitcoins, and only the other way around.
While most of the other services ask the users to register themselves on the portal for a successful transaction, YesToBitcoins makes no such demand. It allows for transactions without registrations and even offers Amazon gift cards and credit card vouchers. However, at the time of writing this article, we found that the portal currently exhibits a very selective collection of gift cards, which can be a bummer for those looking for a decent selection to choose from.
Also, similar to eGifter, YesToBitcoins too does not allow for the sale of gift cards for Bitcoins currently. CoinCards is unique in the sense that it actually offers Bitcoin gift cards especially made for Canadians, and also catering to more than a hundred Canadian retailers.
Additionally, the platform is rapidly gaining a following and popularity due to the great exchange rates they offer. However, as always, there is also some bad news to go with the good ones. For starters, 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.
Gyft happens to have the much-coveted distinction of being the platform with the widest variety of retailers available. Its unique brand of features makes it arguably the most popular option on this list to buy Bitcoin with gift card. Additionally, they too save your gift card on the platform itself so that you the customer never loses it even if you happen to forget the code.
However, even Gyft is not devoid of certain cons. 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.
Also, Gyft even fails to offer sale of gift cards for Bitcoins. If you are looking for bitcoin visa gift card, then Paxful is the right option. Paxful has the sweet feature of 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 in itself. However, on the negative side of things, since Paxful happens to be a peer-to-peer marketplace, one must watch out for frauds or spammers. Your email address will not be published. LocalBitCoins 2. Table of Contents. Leave a Comment Cancel Reply Your email address will not be published.
For those individuals with a plethora of new or unused gift cards lying around here are some of the more popular brands which one can exchange for new Bitcoin:. Among the rest, iTunes gift cards, Amazon gift cards, Google Play gift cards, eBay gift cards, Walmart gift cards, Target gift cards, Starbucks gift cards, and VISA gift cards are the most popular gift cards used for buying bitcoin.
On Paxful , you have a near limitless selection of gift cards you can buy or sell for bitcoin. With LocalBitcoins, your gift card options are more limited. CardCash carries gift cards for more than retailers. On eGifter , you can purchase over different gift cards using a plethora of payment methods including bitcoin.
There are two types of exchanges: the peer-to-peer and normal. On normal exchanges, you use an order book to match buy and sell orders between people. Normal exchanges are the most commonly used method of exchanging your local currency into bitcoin usually with a bank account or debit card.
An example of a normal exchange is Coinbase probably the biggest and arguably most well-known exchange in the world. Compared to the privacy and anonymity that normal exchanges may have, peer-to-peer exchanges require a bit more interaction between buyers and sellers. The information that you might have to exchange can be a bitcoin wallet address, forum usernames, location, IP addresses, and can even involve a face-to-face meeting.
Peer-to-peer exchanges are kind of like your local marketplace. It would be very troublesome for you to hope to randomly stumble across that person on a normal exchange because the chances of that happening are meager. Instead of that method, you can initiate a peer-to-peer transaction with that person, and it should make your purchase A LOT easier. While Coinbase may be one of the biggest normal exchanges in the world, its counterparts, Paxful and LocalBitcoins , are the biggest peer-to-peer platforms in the world.
No type of exchange is better than the other, but the preference of the user is what matters the most when it comes to choosing the type of exchange. In this case: buying bitcoins with gift cards, peer-to-peer platforms are the ONLY way to go.
The first step to buying bitcoins with gift cards is making an account on either Paxful or Localbitcoins. Creating an account on either of these is extremely easy. Paxful is a person-to-person marketplace that supports over payment methods. Paxful, over recent years, has grown to be one of the biggest platforms in the world and they continue to grow.
This can be attributed to the attention to detail they have in regards to user experience. Paxful offers over payment methods , allowing its users to buy and sell bitcoin easily. As with any other peer-to-peer platform, Paxful struggles with filtering the scammers out of their platform.
They pride themselves on having every payment method imaginable and providing anonymous options for people who want to keep to themselves. When everything in your trade goes smoothly or you are dealing with an honest and decent trade partner , Localbitcoins is a fast way to buy bitcoin.