Gift Cards

Gift Cards, High Rates, And The Prestmit Domination


high ratesBack in 1994, when gift cards were first introduced to the market, the inventors wouldn’t have envisaged that they would one day become moneymakers. No, I am not talking about making money for the card issuers but the cardholders. The ones in the Naij who want to sell gift cards at high rates. Thanks to gift card exchange platforms they can now redeem their gift cards for cash or crypto. One company that has been taking giant steps in making gift card trading more effective and accessible is Prestmit Technologies. 

Since its launch in 2019, the company, through the Prestmit website and app has made gift card trading seamless and solved almost all the problems traders used to face on other platforms. I had to do my research to understand why the Prestmit is gradually becoming the go-to name for traders. I found interesting answers and I want to share them with you as the information would be helpful to traders especially.

Some Facts About Prestmit 

  • The Prestmit platform was launched in 2019.
  • It is owned and run by Prestmit Technologies LTD.
  • It’s a safe platform where gift card traders can sell their gift cards for cash or cryptocurrency.
  • Users can trade at high rates on the company’s website or App platforms.

Trading gift cards in Nigeria and Ghana before 2017 was a war zone. Gift card traders, back then, were left with their hearts in their hands as they constantly lost their gift cards online thanks to fraudulent sites/apps. Apart from gift card frauds, traders faced other problems like slow transaction speed and low rates. Prestmit Technologies moved to solve these problems when it launched the Prestmit platforms in 2019. In the first year of operation, the company managed to acquire 10,000 users. Since then a number of gift card traders have switched to trading on Prestmit and haven’t looked back since then. In 2022, the company can boast of 200,000 active users and still rising.

The question that lingers in the minds of traders who haven’t felt the wonders of the platform is “why is everybody moving to Prestmit.” I took my time to study why this mass migration has been happening since 2019. I discovered that from the company’s goals, services down to the user interface, it is obvious that the users are paramount in whatever Prestmit does. They have not only created a safe space to trade but options to trade in other currencies.

What Currencies You Can Trade Your Gift Card For On Prestmit 

You can trade your dollar gift cards on Prestmit for the following currencies:

  • Naira
  • Cedis
  • Bitcoins
  • Mobile Money
  • And USDT

All these can be accessed from your digital devices like phones, tablets and laptops. Traders in Nigeria and Ghana can get paid in the two countries’ local currencies without the fear of being scammed.

Prestmit Advert

Why Gift Card Traders Can’t Get Enough Of Prestmit

They say home is where the heart is, so it’s safe to say Prestmit has the heart of most traders as they have made the platform their home. The following are reasons why traders can’t get enough of Prestmit:

  • Best Gift Card Rates

This is definitely at the top of the list for gift card traders. Prestmit offers the most competitive price in the gift card market today. As was already mentioned above, the company prides itself in looking out for its users and offering to buy gift cards at high rates is one way they show it.

  • Operates on a 24/7 Basis

On Prestmit, traders have the luxury of trading their gift cards at their own time. This is because the platform operates on a 24 hours basis, 7 days a week all in the name of satisfying the users.

  • Instant Payment

The fear of not getting paid at all after transactions is one of the major complaints of traders that trade on other platforms. But on Prestmit payment is instant. Immediately the user completes a trade it takes only a few minutes to get paid and withdraw your money.

  • 100% Security

The fear of losing gift cards online to fraudulent platforms or due to web/app malfunction has been a problem for traders. This is a thing of the past on Prestmit because payment is instant.

  • Fast Transactions

Due to the user-friendly interface on both the web and app platforms transactions move faster on Prestmit. The platforms respond to the user’s commands at lightning speed making transactions flow like the wind.

  • Multiple Payment Method

On Prestmit you can get paid in different ways. If you are in Nigeria you can choose to earn in Naira or Cedis if you are in Ghana. You can also opt for being paid in crypto.

  • Responsive Customer Support 

When users know they have a customer support system that carefully helps them solve their problems effectively, they feel more at home. This is another strong reason why traders won’t let go of Prestmit. The platform has a customer support system that is always willing to assist users through live chats on WhatsApp, or through phone calls.

  • Access to Trade Gift Cards For Cryptocurrency 

The option to sell your gift cards for cryptocurrency is also an attraction for most traders on the platform. As a trader, you have the option to get paid in the world’s number one cryptocurrency, bitcoins and USDT (which is equivalent to dollars).

  • Rate Calculator

A rate calculator is an automated calculator used to determine the prices at which each gift card is on a platform. For transparency reasons Prestmit endeavoured to equip the site/app with a rate calculator so users can always know what amount they will receive if they choose to trade.

List of Gift Cards That Can Be Traded on Prestmit

  • Amazon
  • American Express
  • Apple Store Gift Card
  • Best Buy
  • Colorpop
  • eBay
  • Footlocker
  • GooglePlay
  • iTunes
  • JCPenney Sephora
  • Macy’s
  • Nike
  • Nordstrom 
  • OffGamers
  • Razer Gold
  • Saks
  • Sephora
  • Steam
  • Target
  • Target Visa
  • Vanilla gift card
  • Visa gift card
  • Walmart
  • Walmart Visa
  • Xbox

In Conclusion 

It will be 3 years this year since Prestmit embarked on the journey to make gift card trading blissful for the users and in such a short time have already amassed 200,000 users. It’s not a fluke, it’s just good services, high rates and consistency. It’s getting clearer every day that the Prestmit domination is evident and you need to be part of it.


As a cryptocurrency and gift card expert, I am passionate about exploring the intersection of finance and technology. With a background in both fields, I bring a unique perspective to my writing, offering an in-depth analysis of the latest developments and trends in the world of digital currencies and gift cards.

Related Articles