Have you tried using Bitcoin to buy a Google Play gift card instead of cash?
It’s not news anymore that you can use crypto to buy gift cards. Using Bitcoin to purchase gift cards is very convenient and secure. Most gift card users are familiar with Google Play gift cards, and if you’re one of them, you should be well acquainted with the different ways to acquire them.
In other blog posts, we discussed using Bitcoin to buy various popular gift cards. So, let’s zoom in on the focus for today – a step-by-step guide on how to buy Google Play gift cards with Bitcoin.
Overview of Google Play Gift Cards and Bitcoin
Google Play is an e-commerce store for Android users to download apps, games, and books, watch movies, and access other digital provisions that make life easier for Android users. Google owns the marketplace, and Google Play gift cards are the preloaded vouchers the company issues to enable users to access paid software like apps and games or services like movie or music streaming.
Bitcoin is a digital asset that can be used as payment for goods and services. It can only be transferred from person to person as a digital currency. Some significant benefits of using Bitcoin for trading transactions are convenience, privacy, and security.
Creating a Bitcoin Wallet
A Bitcoin wallet is the storage for your Bitcoin, and you’ll need one to make transactions. A plethora of wallet options are available for you. It depends on whether you prefer a hot or cold wallet.
Most hot wallets are software wallets that are connected to the internet. They’re best for frequent users like traders.
Cold wallets are hardware wallets in the form of flash drives or paper. They are more secure than hot wallets and are best for long-term investments.
You can explore different wallet options for your Bitcoin.
Just note these tips.
- A wallet can be centralised or decentralised. An exchange controls the former while the owner, i.e, you, controls the latter.
- Another name for a centralised wallet is a custodial wallet. Non-custodial wallets are the ones that are decentralised.
How to Create Your Bitcoin Wallet
- Choose a reputable wallet provider. Conduct extensive research to be sure the one you choose is tested and trusted.
- Download the mobile app or get the desktop version. Some wallets also have browser extensions.
- Create an account with your email address, name, and a foolproof password. You may be required to complete a verification process. When creating the account, the wallet provider will generate your wallet address.
Acquiring Bitcoin
You can acquire Bitcoin via different means as follows.
- Buying from exchanges or crypto on-ramp platforms.
Exchanges are third-party platforms that assist individuals, most often beginners, to acquire different digital assets. Some of these platforms also allow users to buy crypto like Bitcoin with their local currency. They are called crypto On-ramps.
- Selling digital assets for Bitcoin.
Crypto holders and owners of other digital assets, such as NFTs, can sell them for Bitcoin or trade them on p2p platforms.
- Service for payment in Bitcoin.
Certain platforms pay people in Bitcoin to offer various services. They’re uncommon but provide ways for interested participants to earn in Bitcoin.
- Mining
This is the primary way people got Bitcoin before trading began. It is still a means of obtaining Bitcoin, as there is still more to be mined.
How to Transfer Bitcoin to Your Wallet
You can transfer your Bitcoin from an exchange to your wallet, whether custodial or non-custodial. Use the following steps.
- Login to your account on your exchange.
- On your profile, navigate to the withdrawal section.
- Enter the amount you want to withdraw.
- Enter your Bitcoin address and your password.
- Wait for a bit, depending on the exchange, and check your Bitcoin wallet to confirm receipt.
Remember that the amount of Bitcoin you receive in your wallet may be less than the amount you sent because the exchange may have deducted transaction fees.
Be careful while entering your address to avoid mistakes.
How to Create and Verify Your Account on Prestmit
You need to have an account to buy a Google Play gift card with Bitcoin on Prestmit. You can sign in if you already do. But if you don’t, here’s how to create one.
- Download the Prestmit app and sign up for an account on your mobile phone.
- Finish your registration by following the prompts.
- To verify your account, complete your KYC and provide any other necessary information.
Selecting and Buying a Google Play Gift Card with Bitcoin on Prestmit
Step 1: Launch the Prestmit app. On the dashboard, choose Buy/Sell Gift Cards. Select Buy gift cards.
Step 2: Choose a Google Play gift card and enter your desired value and quantity. Google Play gift cards come in denominations ranging from $5 to $500.
Step 3: Choose Bitcoin as your payment method and enter the important details.
Step 4: Confirm the transaction and wait to receive the next prompt.
Note: You will need to send the precise amount of Bitcoin for the value of the Google Play gift card. Prestmit will give you a Bitcoin address to which you’ll send the payment before you receive the gift card.
After your payment has been confirmed, you will receive details of the gift card in your email.
Using Your Google Play Gift Card
After you complete your purchase and receive the gift card in your email or physically, you’ll need to redeem it to access paid apps, games, or other digital content on the Google Play store. Here are the steps to redeeming your Google Play gift card
- Go to your Google Play app.
- Click on your profile icon.
- Select Payments and subscriptions from the menu that pops up. Then select Redeem gift card code.
- Input the code and follow the prompts to complete the action.
- If you received your gift card via email, open the email, clock on Redeem Gift, and follow the prompts to finish redeeming your gift card.
Tips for Buying Google Play Gift Card with Bitcoin on Prestmit
Now that you know how to buy a Google Play gift card with Bitcoin, you must remember these tips.
- Check that the denomination you want is available in the quantity you want.
- Check that the rates align with your budget.
- Ensure that you keep your gift card details safe.
- Do not send Bitcoin to anyone who poses to be a Prestmit representative outside the platform.
Safety Measures and Precautions
- Keep your Prestmit account safe with strong passwords; do not share it with anyone.
- Protect your devices with biometric locks and passwords where necessary.
- Activate 2-Factor Authentication for your withdrawals.
- Carry out your Bitcoin transactions on one device only if possible.
- Avoid some crypto attacks by copying your wallet address from your account instead of your transaction history.
Conclusion
Google Play gift cards are among the most popular and used gift cards around the globe. You can buy one with cash or Bitcoin. Buying a Google Play gift card with Bitcoin is easy, especially on Prestmit.
We have provided the steps in this blog post. You can get started right now. It’s safe and convenient.
Use our Rate calculator to check Google Play gift card rates before making a transaction so you know what to expect.
Ensure you keep your account safe with safety measures and precautions. Don’t hesitate to contact Customer Support if you need assistance with anything.
