Over time, purchasing Bitcoin and other cryptocurrencies have simply become simpler. Even if you're new to cryptocurrencies, using gift cards to purchase bitcoins is simple. So, let's see how to buy bitcoin with gift cards.
Using a gift card is an excellent approach to begin started with your cryptocurrency investment adventure if you're just getting started, don't have much - or any - experience, or are trying to purchase a little percentage of Bitcoin.
I've found a reliable website (with the most active users) that allows you to do just that:
Paxful : Buy Bitcoin instantly with Amazon Gift Card, Google Play Gift Card, iTunes Gift Card, eBay Gift Card, Steam Wallet Gift Card, Sephora Gift Card, AirBnb Gift Card, Walmart Gift Card, Uber Gift Card, MasterCard Gift Card, VISA Gift Card and 100+ other gift options!
Of course, you'll need to have your gift card ready before you begin. If not, you can buy a gift card with cash, keep the receipt, and then swap it for instant bitcoins on Paxful.
How to Buy Bitcoin with Gift Cards – Instantly
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.
They accept more than 300 various forms of payment, including cash, PayPal, bank transfers, and others. The ease of trading gift cards makes them one of the most used payment methods on Paxful.
Starting with just a $1 credit on a gift card, you can start buying bitcoins.
Let's examine how it functions in detail:
1. Create an account at Paxful
First of all, you'll need to create a free account at Paxful.
2. Search for an offer
Login to your Paxful account. To search for an offer, click “Buy Bitcoin” at the top menu bar.
Then select your preferred payment method (gift card of your choice), type in how many bitcoins you want to buy in your own currency, and click “Search for an offer”.
3. Decide which seller you prefer.
Your chosen gift card type will be listed by Paxful as real-time offers from merchants who accept Bitcoin right now.
Examine each offer. To view the seller's profile, activity, offer terms in detail, feedback history, BTC buy limit, and processing time, click on the seller's name.
Choose a reputable seller who is trustworthy.
Depending on the seller, you might be asked to provide photo IDs for verification or you might not.
Click the "Buy" button once you've determined your trading partner.
4. Accept Offer Terms
You will be directed to the offer page where you can see the conditions and details. Click "Accept Terms and Buy Bitcoins Now" to continue if you do.
5. Make payment via Gift Card
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.
If you have any questions, use the chatbox to contact directly with your seller.
If for whatever reason, you decide not to trade with the seller, you can simply cancel the transaction at any time.
Send a gift code or card (according to the instruction) and the required documents to the seller. Do not forget to click the "Paid" button once you have fulfilled all the conditions. The seller cannot cancel the trade once you click the "Paid" button.
That's it. Your bitcoins will be deposited into your Paxful wallet as soon as the seller verifies the payment.
conclusion
You're all set. You now know how to buy bitcoin with gift cards.
While there are numerous websites that advertise that you may buy Bitcoin with gift cards, it's advisable to use trusted exchanges to guard against identity theft and currency theft.
