Digital assets like Bitcoin and gift cards have continued to dominate the global financial landscape. This is due to the potential of trading these assets as one of the best ways to make money online. This has attracted many people into trading on any of these digital assets.
Over the years, Bitcoin has remained the most expensive crypto asset – with new traders or investors entering the space to grow wealth. This is evident in the price of Bitcoin, which is currently at about $25,000 with a market cap of over $502 billion.
However, if you are a new entrant in the Bitcoin market, do you know that you can easily convert your gift card to Bitcoin? The process is simple, another alternative to using cash to buy Bitcoin.
Best 5 Reasons To Convert Gift Cards to Bitcoin
1. High Global Acceptance
The number of Bitcoin users is increasing, with some companies adopting the coin as a payment method. This has helped the global coverage of Bitcoin, with countries like El Salvador and the Central African Republic legislating Bitcoin as a legal tender.
In this light, there is a positive market sentiment around Bitcoin, which many analysts have predicted to be the future of money.
2. Best-Performing Asset
Bitcoin has had its highs and lows as it has recorded bullish and bearish prices. However, it has become resilient since its launch in 2009 to become the leading cryptocurrency while displacing assets like gold in value.
Therefore, you will be sure to buy a digital asset that is powerful and influential in the financial market.
3. Gift Card To Bitcoin Today, Trade Stock Tomorrow
Bitcoin has already been made an Exchange Traded Fund (ETF) in Canada, Brazil and Dubai. It’s only a matter of time before the world accepts Bitcoin as an ETF.
An exchange-traded fund is a kind of investment fund traded in the stock market. Changing your gift card to Bitcoin today will mean investing in stocks for the future.
4. Investment Opportunity
With the daily rise of Bitcoin in the crypto market, it is more likely that the price will keep rising. So, this is a good reason for exchanging your gift card for Bitcoin. Bitcoin investment has made many people become overnight millionaires as a result of Bitcoin price that has maintained some level of stability.
It should be noted that Bitcoin has reached the $60,000 price mark, which would have given rise to many people creating wealth from the bullish run.
5. Most Valuable Cryptocurrency
Earlier in this article, it was noted that the price of Bitcoin is about $25,000 – which is the most expensive cryptocurrency. If for no other reason, change your gift card to BTC because it’s the most valuable cryptocurrency.
The fact that it’s valuable now means it’s the people’s favourite. It will continue to be so for a long time, so investing now means reaping in the future.
It’s been 12 years since the digital gold coin hit the market; today, it’s worth more than gold. The future looks bright for the most valuable cryptocurrency.
How To Change Gift Cards To Bitcoin
There are many digital trading platforms on which you can exchange gift cards for Bitcoin. This is owed to the growing number of gift card users and Bitcoin traders. As such, you can easily sell your gift card for Bitcoin on platforms that support the trade.
With the proliferation of the platforms, Prestmit is one of the best gift card trading platforms on which you can sell gift cards for cash or cryptocurrencies. So, instead of wasting your gift card, you can join the bandwagon of people creating wealth with cryptocurrency. This is by buying Bitcoin.
How To Sell Gift Cards For Bitcoin On Prestmit
The following are the simple steps to sell gift cards for 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 “Sell gift cards”
- Choose “BTC” as your preferred payment method
- Select your preferred gift card in the card category
- Choose your gift card type
- Enter the amount of the gift card
- Upload the image of the card or enter the code of the card in the comment section
- Click on “Apply” to complete the transaction
- You will receive BTC in your Bitcoin wallet immediately after the confirmation of your transaction
Frequently Asked Questions (FAQs)
How Can I Exchange My Gift Card For Bitcoin
You can exchange gift cards for Bitcoin by creating an account with your preferred platform. However, knowing that the platform supports Bitcoin as a payment method is important. This is because it is not every trading platform that provides this service.
In this instance, you can easily sell your gift card for Bitcoin on Prestmit – one of the best gift card trading platforms. You can achieve this with the steps provided above.
Is It Safe To Exchange Gift Card For Bitcoin
This trade is safe using a credible and reliable platform like Prestmit. This is where your due diligence comes into play to ensure you are trading a safe platform. There are fraudulent platforms across the online space, but your research on the services and reviews of the platform would guide your decision.
Gift cards and Bitcoin are great digital assets because of their range of benefits in payment methods that want to look alike. But Bitcoin remains an attractive digital asset to trade and invest in. You will need a credible platform to perform this trade, so Prestmit is designed to make your digital trading seamless as expected.