Now you know how to turn your extra gift cards to Bitcoin, instantly and safely. Make sure you get yourself a Bitcoin hardware wallet like the Ledger or the Trezor that will securely store your bitcoins. Send gift code or card (according to the instruction) and required documents to the seller. Once you complete all the requirements, don’t forget to click “Paid” button. When you click the “Paid” button, seller cannot cancel the trade anymore.

For instance, you can study fundamental and technical analysis, practice trading on a regular basis and build up your own trading strategy. Considering the potential for Bitcoin to hit new price records, you can also try the HODL strategy and wait for your crypto portfolio to rise in value. CEX.IO offers you one more way to earn BTC with minimum effort. You can open a savings account and transfer your Bitcoins there to earn the annual interest.

Step 5: Review and chose your offers

By the way, if you want to increase your deposit and withdrawal limits, pass the Enhanced verification level. Currently, CEX.IO doesn’t support gift cards for deposits and withdrawals, as they’re not connected to the banking system. And a sum loaded into the gift card should be all spent with one payment. Some governments require us to obtain special licenses for crypto platforms to be able to provide services for their citizens. Due to these requirements, we need to identify our customers and guarantee top-level security for their funds and data.

LocalBitcoins and Paxful are the two most popular peer-to-peer Bitcoinmarketplaces. Both of these sites work in the same way, however, LocalBitcoins seems to have a larger community, we recommend you check them https://cryptominer.services/etoro-lists-binance-coin-for-trading/ out before using Paxful. Coincola is lauded for, quite literally, its lack of boundaries. The platform allows its users to buy Bitcoin, and several other cryptocurrencies, using their local currencies.

Ways To Buy Gift Cards With Bitcoin

On CoinCola, it’s possible to buy Bitcoin with the Apple Store Gift Card, iTunes Gift Card, Steam Wallet Gift Card and more. As a matter of fact, there are up to 4 payment methods available on the platform. In a crisis circumstance like the current Covid pandemic, anything can transform 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 to cash. One of the numerous available options is to sell off unused gift cards and get bitcoins in return.

• Through CoinCola’s service, selling Razer Gold PIN gift cards for Bitcoin renders the process of transmuting gift cards into cryptocurrency expeditious and effortless.
• If you have a prepaid card, you can use it to buy Bitcoin on a variety of platforms.
• You could try Robosats as well and see if there are any available buyers.
• Crypto Voucher is a company that allows users to purchase cryptocurrency using a variety of payment methods.

A notification will also be sent to your email containing the payment transaction link. Should you require further clarification, we recommend viewing our extensive video tutorial on the subject, which is accessible at how to buy Bitcoin with a gift card on CoinCola. Once you select your ideal offer, you’ll see the individual trade page. Follow the set of instructions on the page to make sure your trade goes smoothly.

How To Buy Bitcoin With Zelle Pay

This depends on the type of card and the market value as

at the time of exchange. Feel free to check gift card rates

today or check the top

10 best gift cards with highest rates at any time. Tap the “Buy” button on the app’s home screen to buy crypto with a prepaid debit card. In addition to Bitcoin (BTC), BitPay supports more than 60 of the most popular cryptocurrencies and stablecoins including Ethereum (ETH), Dogecoin (DOGE), Litecoin (LTC) and many more. LocalCoinSwap is a Hong Kong-based peer-to-peer cryptocurrency exchange platform where users can sell and buy Bitcoin and a couple of other cryptocurrencies. And unlike many other platforms that charge high conversion fees, Redeeem users enjoy 0% commission fees on all gift card trading.

• Please make sure to do your own research, make educated financial decisions and consult your Financial Advisor.
• The cheapest method to store cryptocurrencies offline is via paper wallet.
• Unlike in the past, many people prefer to give financial gifts over clothes and items.
• If you choose an electronic wallet, then your deposit will be on the CEX.IO balance on the same day.
• You can buy Bitcoin with a gift card, but the number of options on the market is very limited.

You will be glad to know that you can also sell gift cards for Bitcoin. Find one that looks trustworthy, preferably with good reviews, and offers what you want, then select the amount you wish to gift and pay for it. Anyone with a Visa gift card account can purchase, sell, and hold cryptocurrency. You can also use crypto at checkout for select purchases, but it’s generally a bad idea to use any cryptocurrency as a form of payment. Instead, gurus advise purchasing and holding crypto for the long term, just like other long-term investments. When operating card payments, a company should provide all possible security measures to protect the card data.

Choose a suitable offer and open a secure trade

Most of the sites detailed herein are peer-to-peer, meaning that buyers and sellers engage directly with each other, thus increasing the chances of being defrauded. While the sites might offer you extra security features such as an escrow service, it is important that you take extra measures to protect yourself from scammers. After all, the fact that you are not using your gift card does not mean you should lose it to a fraudster. Once you have found a reliable seller, you need to start a trade.

Prestmit offers an intuitive, beginner-friendly interface and 24/7

customer support. The BitPay Wallet is non-custodial, meaning you’ll never have to entrust any third party with your crypto keys. https://crypto-trading.info/cryptocurrency-trading/ Using BitPay, you can trust that your transactions will be completed securely and with as few fees as possible. Download the BitPay app from your preferred app store, or scan the QR code below.

This means  that you will need to take some precautions to ensure you’re dealing with a legitimate seller. This comprehensive guide endeavors to explore the procedure of buying Bitcoin using Razer Gold PIN gift cards and selling them for Bitcoin or alternative cryptocurrencies with expediency. Paxful will immediately give you a list of real-time offers of sellers who are accepting your chosen gift card type for Bitcoin.

Even the least technologically inclined among us have heard of cryptocurrencies, with their volatile price swings and surges in value making the news in almost everywhere around the globe. Peer-to-peer tools like Bisq, and Bitquick allow you to obtain Bitcoin directly from other Bitcoin owners, similar to how you would purchase items on Craigslist. When purchasing Bitcoin from individuals, proceed with extreme caution. You can obtain Bitcoin by directly connecting with other sellers. Unfortunately, these cards are only available in Canada, and you can’t buy them online. Here’s a tutorial below for the app, formerly known as Rise Wallet.

KuCoin’s P2P marketplace allows users to purchase and sell cryptos, including BTC, ETH, LTC, and more. Just like other P2P exchanges, KuCoin P2P also accepts a wide variety of payment methods. Using fiat currencies like USD, EUR, GBP CAD, IDR, AUD, etc., customers can acquire crypto on the platform from other users.

Crypto Voucher is a company that allows users to purchase cryptocurrency using a variety of payment methods. For the purposes of this article, we’re of course most interested in Crypto Voucher’s https://bitcoin-mining.biz/should-you-invest-in-bitcoin-2020/ feature of exchanging gift cards to Bitcoin and other cryptos. Paxful is one of the world’s largest peer-to-peer platform where sellers and buyers meet to exchange cryptocurrencies like Bitcoin.

You can use your payment card, bank transfer option, or e-wallet like Skrill, Epay, Advcash. Deposits and withdrawals via credit cards and debit cards are mostly instant. Bank transfers can take 1-3 business days, but some options are free of charge on CEX.IO.

Peer-to-peer crypto exchanges such as Paxful (and Localbitcoins) do not have any limit restrictions on placing orders. The platform has one of the better Bitcoin escrow services which means the funds are held by the exchange until both parties have fulfilled their side of the transaction. The escrow service protects traders and ensures a secure transaction. We do expect more crypto exchanges to accept gift cards for Bitcoin as the popularity of blockchain starts to take off. This will make it easier for everyone to get involved with crypto and expand the widespread adoption of the digital currency system. Some people have also figured out a business model where they can buy goods for a discount using these second hand gift cards, then resell those goods for a profit.