How to buy bitcoin with gift card: How to Buy Bitcoin with Gift Cards Instantly

How to buy bitcoin with gift card

Coinbase, a cryptocurrency exchange, announced in April 2021 that customers in the United States of America would obtain cryptocurrency with Visa gift card-linked cards. To use the feature, log in to Coinbase, choose the cryptocurrency you want to purchase, tap “add payment option” in the Coinbase app and choose Visa gift card. You can link a debit card or a bank account to your Visa gift card account once you’ve logged in. The process of trading on Prestmit is quite simple, we have made the exchange process simplistic enough for a below average user to understand it. BitPay aggregates offers from multiple partners to ensure you get the best possible rate.

Users can now withdraw cryptocurrencies to third-party wallets through Visa gift card Holdings. Yes, you can do the deal if you find a private trade partner who accepts Visa gift card without requiring you to show your ID. Visa gift card protects your bank or credit card information by encrypting it.

How to buy bitcoin with gift card

KuCoin’s P2P marketplace allows users to purchase and sell cryptos, including BTC, ETH, LTC, and more. Just like other P2P exchanges, KuCoin P2P also accepts a wide variety of payment methods. Using fiat currencies like USD, EUR, GBP CAD, IDR, AUD, etc., customers can acquire crypto on the platform from other users. There are a bunch of payment options to choose from, including gift cards, PayPal and Payoneer, as well as bank transfer and other options. CoinCola proffers a feasible resolution for those keen on acquiring Bitcoin (BTC) sans access to a financial institution or credit card. The platform endows a facile and efficient method of buying BTC with Razer Gold PIN gift cards.

This is regardless of the location of a user, implying that the Platform can be used anywhere in the world. Make sure you get yourself a Bitcoin hardware wallet like the Ledger or the Trezor that will securely store your bitcoins. Once you select your ideal offer, you’ll see the individual trade page. Follow the set of instructions on the page to make sure your trade goes smoothly.

Simply choose a Gift Card as the payment method on the P2P platform (like Paxful or Localbitcoins) and you will get a list of users who are willing to trade their crypto for your gift card. Check out our Merchant Directory for a searchable list of businesses that accept crypto payments through BitPay. Most of the sites detailed herein are peer-to-peer, meaning that buyers and sellers engage directly with each other, thus increasing the chances of being defrauded. While the sites might offer you extra security features such as an escrow service, it is important that you take extra measures to protect yourself from scammers. After all, the fact that you are not using your gift card does not mean you should lose it to a fraudster.

Which prepaid cards, virtual cards or gift cards can I use to buy cryptocurrency?

In order to use Kucoin P2P marketplace, you need to bind a phone number and do a KYC process. Despite the fact that almost everyone wants to acquire some Bitcoin, it can get extremely hard to do so, especially for minors and people from certain regions. Even though there are numerous channels that one can use to do this, the process still remains unavailable for some people. Your average investor looks for a medium that is both easy and convenient and, most importantly, inexpensive, which can be incredibly hard to find. Buy easily & securely from an official and authorized distributors. “There are only two types of exchanges, the ones that have been hacked and the ones that WILL BE HACKED.” ~Winson, Founder of Coinzodiac.

Simply select gift cards as a filter when searching, and you will be shown a list of sellers looking for gift cards in exchange for Bitcoin. Bybit P2P supports more than 25 fiat currencies and over 300 payment methods, including debit cards, credit cards, and in-person cash payments. If you’re looking for a safe and simple way to buy Bitcoin (BTC) with a prepaid debit card, you’re in luck.

How to buy bitcoin with gift card

As soon as the seller receives the gift card information, the Bitcoinwill be available on the marketplace itself or in any wallet that you have linked to the site. As this is a peer-to-peer platform, each individual seller sets their own price. CoinCards is a great gift card exchange that is made for Canadians. With over 100 Canadian retailers and some great exchange rates, this is the go-to marketplace for anyone living in Canada. The website is rapidly growing in popularity, making it easier to find great deals. All in all, eGifter is a great marketplace, however, they only offer gift cards for a limited number of retailers.

Cryptocurrencies, simplified!

Through CoinCola’s service, selling Razer Gold PIN gift cards for Bitcoin renders the process of transmuting gift cards into cryptocurrency expeditious and effortless. Owing to the popularity of the Razer Gold PIN Gift Card Trading method, CoinCola streamlines the process through its secure platform, facilitating gift card to crypto transactions. Kucoin supports the purchase of crypto with 50+ fiat ​through P2P, credit cards, etc. Binance P2P is a secure, peer-to-peer (P2P) trading platform offered by Binance, a leading cryptocurrency exchange. After making an account on your marketplace of choice, you will need someone willing to accept gift cards as a payment method. Finding a seller that accepts gift cards is easy, both LocalBitcoins and Paxful allow you to search by payment method.

Xcoins is an exchange that focuses on connecting lenders to buyers. When using a Visa gift card account to get funds, most transactions take only a few minutes to deposit the funds. This depends on the type of gift card and the current market value as at the moment of exchange. You may want to check gift card rates right now or check the top 15 gifts cards at any time. Most importantly, do not upload or provide your gift card details until you are absolutely sure you want to proceed with the transaction.

The platform saves all of your gift card codes on the platform, meaning that you won’t have to worry about losing your gift cards. The best feature of this platform is that they will save all your gift card details on site. This means that if you forget or lose your gift card code, then you always have a backup on the site. Further, unlike with Paxful, where gift cards have to be imprinted with their exact denominational value, Purse allows you to exchange even a fraction of your gift card for Bitcoin. Overall, Bybit P2P is a reliable and convenient platform for buying and selling cryptocurrencies peer-to-peer. Now you know how to turn your extra gift cards to Bitcoin, instantly and safely.

Lower network fees

Unlike Paxful which only accept gift cards that have a denomination printed on the card ($25, $50,$100), with Purse you can sell any fraction of the card value. What’s more, you’ll be protected by their secure escrow system, you can be assured you’ll get your bitcoins directly in your wallet once payment is made. Paxful removes the middleman, allowing potential buyers and sellers from all over the world to meet and trade directly with each other, easily, quickly and securely. Prestmit website is built with love to give you the simplest gift card trading experience ever and ensure you never find it difficult to use.

  • Send gift code or card (according to the instruction) and required documents to the seller.
  • Both of these sites work in the same way, however, LocalBitcoins seems to have a larger community, we recommend you check them out before using Paxful.
  • Further, unlike with Paxful, where gift cards have to be imprinted with their exact denominational value, Purse allows you to exchange even a fraction of your gift card for Bitcoin.
  • Crypto enthusiasts worldwide can now purchase, sell, and hold crypto tokens with as little as $1 invested via Visa gift card, one of the most famous mobile and online payment platforms.

As long as the network you’re using is hack-proof, all information sent between your device and Visa gift card’s servers is secure and encrypted. This depends on the type of card and the market value as
at the time of exchange. Feel free to check gift card rates
today or check the top
10 best gift cards with highest rates at any time. This comprehensive guide endeavors to explore the procedure of buying Bitcoin using Razer Gold PIN gift cards and selling them for Bitcoin or alternative cryptocurrencies with expediency. You’ll be directed to an online chat with the seller once the trade has commenced, where you can finalize the transaction. The seller’s Bitcoin will be held in escrow, and they will be released into your account once you’ve marked that you’ve sent your payment.

Swap Bitcoin for Ethereum, Dogecoin, Bitcoin Cash and many other top cryptocurrencies. Using BitPay, you can trust that your transactions will be completed securely and with as few fees as possible. The team at only recommends products and services that we would use ourselves and that we believe will provide value to our readers. One sure way to ensure the safety of your transaction is by critically going through the feedback rating of any potential seller. If the negative ratings outweigh the positive ones, it might be wise not to engage them.

Whenever a user purchases through the eGifter platform they are given points. Points can be saved and used to get a discount on future purchases. If you are interested in buying Bitcoin with gift cards, the first step is to have some gift cards to exchange. We have outlined below some of the best online marketplaces you can utilize to obtain gift cards at great rates.

Once you’ve chosen your preferred offer, you’ll be taken to one of our partner sites to enter your prepaid debit card details and complete the transaction. Your crypto will be sent to your wallet address and available to use near-instantly. Getting started buying Bitcoin with a prepaid debit card (or any other crypto) is easy, and takes just a few minutes. You have the option of buying from the BitPay Wallet app or online through the BitPay buying widget. Both offer the opportunity to buy 60+ top cryptocurrencies and send to any of your self-custody wallets.

Enjoy instant email delivery 99,9% of times, no matter what cryptocurrency you use to buy them – our service is fast and secure. All content on CaptainAltcoin is provided solely for informational purposes. It is not an offer to buy or sell any security, product, service or investment. LocalBitcoins and Paxful are the two most popular peer-to-peer Bitcoinmarketplaces. Both of these sites work in the same way, however, LocalBitcoins seems to have a larger community, we recommend you check them out before using Paxful.

Send gift code or card (according to the instruction) and required documents to the seller. Once you complete all the requirements, don’t forget to click “Paid” button. When you click the “Paid” button, seller cannot cancel the trade anymore. If, for whatever reasons, you decide not to trade with the seller, you can simply cancel the transaction at any time.

This setup allows a buyer to create a group gifting project, all members of the group can then contribute towards paying for the gift card that has been chosen by the group. Let’s have a quick look at the 3 best options where you can convert your gift card to Bitcoin. After that, we will go through each of them in more detail and a few of their competitors.