Buy prepaid gift card with bitcoin

Sadly, most of us deem them unnecessary and fail to check them while initiating a transaction. Its unique brand of features makes it arguably the most popular option on this list to buy Bitcoin with gift card. We previously collected donations to fund Bitcoin advertising efforts, but we no longer accept donations. Editorial Staff. Submit link NOT about price. Howdy, Welcome to the popular cryptocurrency blog CoinSutra.

Well, did you know you could convert them into bitcoin? Here, we tell you how to buy Bitcoin using gift cards! Many buyers of Bitcoins remain uninformed about this avenue even when they have gift cards that they are not using. The great part is that gift cards from almost all retailers work for the exchange. In fact, even Master Card or Visa gift cards will ibtcoin just as well and allow you to easily buy Bitcoins.

Where You Can Buy Bitcoin With Prepaid Card

Prepaid cards are different from debit cards, as they are not linked to your checking accounts. Prepaid cards allow you to buy goods or services with money that you loaded on the card beforehand. Even if this method of acquiring Bitcoins is not the most popular, there are a few services that enable you to buy the coins using prepaid cards. Below we will be listing a few of these services:. Coinmama is an exchange based in which currently operates from Slovakia. It was among the first exchanges to have a debit and credit card option for purchasing BTC.

Summary of Best Ways to Buy Bitcoin With Bitcoins

Well, did you know you could convert them into bitcoin? Here, we tell you how to buy Bitcoin using gift cards!

Many buyers of Bitcoins remain uninformed about this avenue even when they have gift cards that they are not using. The great part is that gift cards from almost all retailers work for the exchange. In fact, even Master Card or Visa gift cards will work just as well and allow you to easily buy Bitcoins. LocalBitcoins is one of the most famous Bitcoin peer-to-peer trading platforms.

It is based in Finland and has been functional since And the good news is, it supports more than 30 payment methods including dealings in iTunes gift cards!

LocalBitcoins does not have any restrictions. You can try to sell gift cards for BTC, even if they were issued by an unpopular store. It is difficult to say how much money you will get for the card. The price usually goes down, on average about 50 percent on this service. However, it is still better than just keeping a useless card in a wallet. Paxful is like eBay for cryptocurrency. The platform offers more than payment methods to choose from, including that of loaded gift cards, making it one of the most unique platforms on this list.

Also, apart from LocalBitcoins, this is the only platform which offers both buying and selling options, which is another great feature in. It is important to note that Paxful is an open service. Hence, there may be many scammers trying to steal money. Here you can buy crypto assets not only with a gift card but also with PayPal, Google Wally, and many more digital wallets.

It matches buyers, who want to buy BTC, with spenders who are looking to spend coins. The discount comes from buyers who exchange their Amazon credit for bitcoins. Gift card credits are hard to exchange, and Purse helps add liquidity to the market. Purse Merchants makes it easy for anyone to create an online store that accepts BTC. Like eBay, Purse created a centralized database that makes it easy for buyers to spend their coins. There is another way to sell a gift card. You can sell it directly to Purse Company.

It is less beneficial if we are talking about money, but the deal executes instantly, so you get money quite faster. Additionally, the platform is rapidly gaining a following and popularity due to the great exchange rates they offer. However, CoinCards is currently available only for Canadian residents.

The rest of the world might have to patiently wait for a really long time before they plan to expand their business. Bitit is a Paris-based company that makes buy prepaid gift card with bitcoin bitcoin as fast and easy as possible, no matter where you are in the world. Its most notable feature is the ability to make quick purchases with cash or card, from almost anywhere in the world.

Founded inRedeeem is a peer-to-peer gift card trading company based in Los Angeles, California. Redeeem is a fast, safe, and easy way to buy and sell gift cards using Bitcoin and 19 other cryptocurrencies. They offer dozens of different brands, including Amazon gift cards. First, their anti-fraud technology requires buyers screen-record while redeeming cards, to protect against disputes between buyers and sellers. Second, buyers and sellers do not need to open chat conversations, instead, the trading process is automated.

Redeeem is a new contentor and is out there to do things differently, I encourage you to sign up and take a look. If a gift card is just kept in your wallet, you will not get any profit from. The constant influx of regulations by the United States government, coupled with the lack of feasible and convenient international buying options have only worsened the situation.

But with the gift card method, you simply bypass all these restrictions and get direct access to your coins. Keep in mind that any card is a less liquid asset then cryptocurrency. Hence, it is no wonder that after exchanging the amount of cryptocurrency you will get less than the value of the card. There are some decisions that the buyers need to take for themselves as it is practically not possible for the website to carry out background checks on each and every seller that registers on their platform.

Such points are then accumulated and then subsequently used as a discount on the next purchase of the buyer. No compilations of free Bitcoin buy prepaid gift card with bitcoin. Such a wide variety of payment methods are seldom wjth in a single gifr and makes for a pretty satisfying experience for the users. Our site may contain affiliate links and as an Amazon Associate we earn from qualifying purchases. No gift cards available for where i want spend. To keep yourself safe, keep a good record of whatever information you have submitted to the website, and make sure to protect your personal details as much as you. Thanks for the article! Almost all Bitcoin wallets rely on Bitcoin Core in one way or. With Bitcoin, you can be your own bank. After initially failing to live up to all the hype, the Bitcoins made a triumphant return in prepwid One needs to go through a complete KYC check and registration of their cards before buying bitcoins on either of the exchanges mentioned .