How to Sell Gift Cards for USDT in Nigeria
One of the best places to sell gift cards for USDT in Nigeria is Prestmit. The company gives the best rate for gift cards which makes it one of the top places people visit for their exchange.
You can redeem all your gift cards and sell them for either the Nigerian Naira or Ghanaian Cedis for USDT on this platform. USDT which is issued by the Tether company is the number one stablecoins in the world today. It is stable against other cryptocurrencies which are volatile.
In this post, we’ll learn how to sell gift cards in Nigeria. For the sake of beginners, let’s learn about gift cards, USDT, and the best place to exchange them for the Nigerian in Naira.
Table of Contents
What are Gift Cards?
Gift cards are prepaid stored-value money cards, usually issued by a retailer or bank. They are used as an alternative to cash for purchase within a particular or related business.
These gift cards can be easily exchanged for cryptocurrencies. This can be done by reliable gift exchange platforms such as Prestmit. It is very and straightforward to do.
What is USDT?
Tether is a blockchain-based cryptocurrency that is backed by the U.S dollar. USDT is the trading symbol for Tether tokens.
It is the most popular form of altcoins called ”Stablecoins” due to the fact that its value is pegged to the U.S dollar. In simple terms, a U.S Tether token is $1 all time.
USDT like every other stablecoins is protected from price fluctuation of cryptocurrencies. This property makes USDT a safe haven for crypto investors.
Investors can park their portfolios in Tether without having to completely cash out into USD during the period of high volatility.
USDT also provides a simple way to transact a U.S. dollar equivalent between regions, countries and even continents via blockchain. This is without a third-party like banks and other financial institutions.
Best Place to Sell Gift Cards for USDT in Nigeria
There are many P2P platforms in Nigeria where you can exchange gift cards for USDT in Nigeria. However, there are few places where you can get the best rate among which is Prestmit.
Prestmit is one of the top digital exchange platforms in Nigeria. Since its launch in 2017, the company has grown to be one of the trusted and reliable digital exchange platforms.
The company has its physical existence both in Nigeria and Ghana, giving it a significant stand in the African marketplace. Prestmit has the Nigerian Naira and Ghanaian Cedis as part of the payment options on the platform.
On this platform, you can trade, buy and sell cryptocurrency such as Bitcoin, Litecoin, Dogecoin, and USDT (Tether).
Prestmit also give the best value return for your gift card assets. You can sell gift cards in Nigeria, for cedis or mobile money, for Bitcoins, or for USDT, anytime, anywhere, on Prestmit.
Why You Should Buy USDT
Many traders and investors buy/invest in Tether’s USDT. Today, USDT is the 3rd biggest cryptocurrency with a live market cap of $66,837,291,826 USD. With a circulating supply of 66,867,450,244 USDT coins, USDT is one of the most sough out for token. This is as a result of the reasons discussed below.
- Quick and easy transaction: Tether transactions can be very easy and fast, making it an advantage for crypto investors and traders. Transactions involving this stablecoin can be completed in just a few minutes. This advantage is important as traders of crypto assets are sometimes in a hurry to withdraw their assets. They make use of arbitrage, the process of buying crypto assets on one crypto exchange and selling them on another one in order to take advantage of the price fluctuation.
- Tether Doesn’t Charge For Transaction: Crypto traders and investors buy USDT because there’s no fee involved for exchange conversion. It is possible for transactions made between Tether crypto wallets although you still have to pay the standard fees that apply for the blockchain network.
- Lack of Price Volatility: The fact that Tether isn’t volatile as other cryptos pave way for investors to buy. It is better to buy their crypto assets using Tether. You may find that many crypto exchanges in the crypto market don’t accept fiat currencies, but they do accept USDT.
How to Sell Gift Cards for USDT in Nigeria
As stated earlier, Prestmit is the best place to sell your gift cards for USDT. Exchanging gift cards for USDT is quick and fast on this platform once you create and register an account.
You can either use its online or mobile application to sell your gift cards. On the gift card trade page, you can now select your preferred payment method. You can be paid in Naira, Cedis, Bitcoin, or USDT.
If you select USDT, you will be asked to enter the payout address.
The PAYOUT ADDRESS is where your payment will be sent once the trade is completed. For USDT, any address network is accepted.
You will also see the total payout according to the current rate, this is the amount that will be sent to your address (in $) after the trade is completed.
Once the trade is completed, check your transaction history for the transaction link of the payment. A notification will also be sent to your email containing the transaction link.
If you select NAIRA: Once the trade is completed, the payment will be added to your Prestmit naira wallet, which you can withdraw at any time. However, if you select naira and you tick the box that says “SEND DIRECTLY TO MY BANK ACCOUNT”:
You will be required to select a bank account (you must have added a bank account on the naira wallet page), in this case, the payment will be sent directly to the bank account immediately after a trade is completed.
Why Choose Prestmit to sell Gift Cards for USDT in Nigeria
It is very important to know about the platform you’re using for your exchange and if it meet what you need. Here are what is in for you if you consider Prestmit to sell your gift cards in Nigeria.
1. It is Always Available
You can have access to gift cards 24/7 on Prestmit. It is available at any time you want to trade. This is very essential if you really want the best site to trade gift cards.
2. Built with Love
This platform is designed with the users in mind. The rates here are true with the market rates. Here, gift card rates are automatically updated to stay correct according to market rates.
The aim is not only to make profit, but to ensure every user has an amazing experience while using the platform.
3. Use Multiple Payment Options
You can make payment on this platform using fiat currencies and digital currencies. Nigerian Naira, Ghanaian Cedis, and Tether (USDT) are payment options on Prestmit.
4. Instant Payment
Prestmit offers instant payment on trade for its users/customers on this platform. This is one of the several reasons it used by many people.
Users count Prestmit as one of the best digital exchange platforms for its speed of transaction. The payment facility is one of the best out there, you get your payment same minute (instant).
5. Fast Transaction
You can get your transactions done on this site (web/app) quickly. The options available for payment as well as the app make your transactions quick.
Using an average of general trade trends, transactions only take minutes and payments are instant once requested.
6. Easy To Use
Prestmit is as easy as writing your name and email address. The platform offers an intuitive, beginner-friendly interface and 24/7 customer support for your trade. You can register your digital wallets in a minute on the platform.
Also Read– How to Sell Gift Cards in Nigeria 2022
Click here to download Prestmit App on Android and Click here to download Prestmit App on iOS. With this, users are closer to the platform, and can carry out transactions easier than ever.