Digital assets like cryptocurrencies and gift cards have continued to pique people’s interest in using them as a payment method for shopping or trading purposes. That is owed to their spate of adoption, which is growing at par with the increasing number of people constantly exploring ways to make to money online.
But as there are many platforms to trade these assets, you may want to know the top platforms to buy gift cards with Bitcoin.
Over the years, fiat currency has the world’s most accepted legal tender, and actual gifts were the only form of giving gifts.
Today, all that has changed for the better. People do not have to stress about what gift to get for their loved ones or how safe their financial earnings are because of the invention of gift cards and Bitcoin.
This post will look at the top 10 platforms to buy gift cards with Bitcoin. Before then, let’s shed some light on what Bitcoin is for those who blinked and were left behind.
What is Bitcoin?
Bitcoin is a type of cryptocurrency. It was created in 2009, and It only exists in digital form. It’s like online cash that can be used for transactions. Unlike conventional bank accounts, cryptocurrency platforms are almost impossible to penetrate; this makes Bitcoin a safe way to protect their hard-earned money.
We live in a digital world; cryptocurrency is the new money, and Bitcoin is slowly becoming the new gold.
The only downside to the Bitcoin rise is that most stores do not yet accept it as a means of payment. Thanks to gift cards, though, you can use your Bitcoin to shop from these stores, which is how. Just go on a platform that sells gift cards for BTC.
Exchange your Bitcoin for gift cards so you can shop from stores, as most stores have their own brand of gift cards.
A list of 5 secure and reliable platforms has been gathered for people who already have Bitcoin and want to exchange it for gift cards.
Top Platforms to Buy Gift Card with Bitcoin
Prestmit is a notable digital trading platform in Africa, operating as an over-the-counter (OTC) platform for trading gift cards and cryptocurrencies. Its top features, like sophisticated security infrastructure, fast payment, multiple payment options, and excellent user experience, make Prestmit one of the best gift trading platforms in Nigeria, Ghana, and Africa.
Some gift cards available on Prestmit are cards of brands like Amazon, Steam, Apple, Google Play, Sephora, etc. Therefore, you can use your Bitcoin (BTC) for any of these gift cards and more on Prestmit.
Coingate accepts any cryptocurrency for gift cards. The platform sells popular gift card brands bordering entertainment, retail, gaming, entertainment, and sports. These gift cards include Amazon, eBay, PlayStation, Shopify, Nintendo, Nike, etc. Coingate’s website states that users can buy over 1,500 gift cards with Bitcoin and other cryptocurrencies on the platform.
In addition, Coingate users can make payments on the platform using lightning networks from Bitcoin and Litecoin – offering lower fees.
Bitrefill is another platform that is safe and easy to use. It allows users to exchange gift cards with cryptocurrency. This means Bitcoin is accepted as a payment method for gift cards on the platform. The platform has over 4,500 vendors enabling gift card trading for cryptocurrencies and vice versa from 750 businesses across 150 countries.
Users can buy different gift cards on Bitrefill, which they can easily navigate to buy for Bitcoin on the platform.
There are hundreds of gift cards that card users can buy on Bitpay. These are gift cards from popular brands like Amazon, Uber, and Hotels.com. Since its launch in 2011, Bitpay has been at the centre of accepting payment for non-crypto brands. This platform has hundreds of gift card vendors in categories like entertainment, travel, electronics, restaurants, fashion, etc.
eGifter is a platform that allows users to buy gift cards with Bitcoin. There are over 300 gift cards available on this platform. These include Apple gift cards, Amazon gift cards, Adidas, and Uber. It offers one of the best e-gifting services across the online space.
eGifter users can also manage gift cards with advanced features on this platform.
Gyft is another secure and easy platform to buy gift cards from, as it is one of the leading gift card marketplaces, and its primary focus is selling gift cards for Bitcoin. It is safe and secure, and you do not need to pay any charges. On this platform, users can buy a range of gift cards and manage the gifting process on Gyft.
Also, developers can integrate the Gyft API and SDK features to build gifting features on various platforms.
Paxful is a peer-to-peer (P2P) exchange popular for trading Bitcoin. Therefore, you can start to buy gift cards with Bitcoin immediately after you create a Paxful account. There are over a hundred gift cards on Paxful, which you can buy with Bitcoin.
Some of the brands of gift cards available on Paxful are Amazon, Google Play, Walmart, eBay, Uber, Mastercard, etc.
Snappy Exchange is another top platform to buy gift cards with Bitcoin due to its good purchase rate and instant payment remittance. You can sell your Bitcoin for various gift cards on this platform. Once you create a SnappyExchange account, you can sell your Bitcoin for gift cards.
Also, you can use cash or other cryptocurrencies to buy gift cards on Snappy Exchange. Its features include amazing rates, instant payout, 24/7 support, security systems, etc.
Coincola is a trading company based in Hong Kong, but Nigerian crypto and gift card traders can buy their digital assets on the platform. This platform lets users buy or sell Bitcoin with gift cards and e-codes from retailers like Apple and Netflix.
As an over-the-counter (OTC) crypto exchange, users worldwide can buy and sell cryptocurrencies on the platform, just as they can use gift cards to perform the trade.
Purse is home to the trading of Bitcoin for gift cards. On this platform, you can easily sell your Bitcoin for iTunes and Amazon gift cards. This platform employs an escrow payment system to ensure the safety of all the payments made.
Purse users can set their own discounts when shopping for different gift cards. For instance, there is a collective 33% discount when a shopper adds gift cards to the cart and checks out with Bitcoin.
How To Buy Gift Card With Bitcoin On Prestmit
The following are the quick and easy steps to buy a gift card with Bitcoin on Prestmit:
- Download the Prestmit app on Google Play Store or Apple Store
- Create a Prestmit account and log in
- Click on “Buy & sell gift cards”
- Click on “Buy gift cards”
- Choose your preferred gift card in the gift card category
- Enter the amount of the gift card and choose the quantity
- Choose “Pay with Crypto (Bitcoin) as your preferred payment method
- Proceed to make crypto payment by sending your Bitcoin to the provided Bitcoin address on Prestmit
- You will receive the gift card immediately in your email upon the successful confirmation of the transaction
Frequently Asked Questions (FAQs)
Where Can I Buy A Bitcoin With Gift Cards
There is a proliferation of digital trading platforms or exchanges on which you can buy your Bitcoin with gift cards. But Prestmit leads the cart with innovative features that make your trade seamless on the platform.
While you can buy gift cards with Bitcoin, you can also buy Bitcoin with gift cards on the platform.
How Can I Buy Gift Card With Bitcoin
Buying your gift card using Bitcoin is easy when you trade on a credible platform like Prestmit. You must create a Prestmit account and a Bitcoin wallet on the platform. Then, you can send BTC from your Bitcoin wallet to buy a gift card, one of the payment options on Prestmit.
There are other platforms that sell gift cards for Bitcoin, but the problem is you don’t know which one to trust because there are a lot of scam platforms online. However, these 5 have a good track record over the years.
If you do not use the gift card with which you exchanged your Bitcoin, do not worry; you can still sell it for Bitcoin. So feel free to save your cash as Bitcoin; you are safe from all angles.