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How To Buy Gift Card with Bitcoin and Crypto: A Step-by-Step Guide

detailedguideonhowto.com 2024/10/4
How To Buy Gift Card with Bitcoin and Crypto
How To Buy Gift Card with Bitcoin and Crypto

Have you thought of the possibility of using crypto to buy gift cards online? It can get confusing at first but this article is going to guide step by step on how to buy gift card with bitcoin and other cryptocurrencies.

To begin, let us take a look at some of the places or ways you can purchase ecard with cryptocurrency.

There are several ways to buy gift cards using bitcoin and other cryptocurrencies. Here are a few options you can consider:

  1. Cryptocurrency exchanges: Some exchanges, such as Coinbase and BitPay, allow users to buy gift cards using their bitcoin or other cryptocurrencies. You can check the exchange's website or app to see if they offer gift card purchases and follow their instructions to complete the transaction.
  2. Online marketplaces: There are online marketplaces that specialize in selling gift cards for bitcoin and other cryptocurrencies. You can search for these marketplaces online and browse their offerings to find the gift card you want. Keep in mind that these marketplaces may charge higher fees for their services.
  3. Physical stores: Some physical stores and businesses may accept bitcoin and other cryptocurrencies as payment for gift cards. You can ask the store if they accept these forms of payment and follow their instructions to complete the transaction.

Regardless of the method you choose, make sure to do your research and only buy from reputable sources to ensure the security of your transaction.

It's also a good idea to keep a record of the transaction for your records.

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.

How To Buy Gift Card with Bitcoin

How To Buy Gift Card with Bitcoin and Crypto

Now, here's a step-by-step guide on how to buy gift card with bitcoin on BitPay.

BitPay makes it easy for the crypto community to purchase pizza and other gift cards by offering two seamless ways to buy and store your gift cards: within the BitPay Wallet and with the BitPay extension.

Using the BitPay Wallet

  1. Download the BitPay app.
  2. Tap the Shop with Crypto tab in the app.
  3. Select your preferred gift card.
  4. Enter the amount you'd like to load onto the card. Gift card minimums/maximums will vary from card to card.
  5. Select the wallet and cryptocurrency you want to use to buy the gift card.
  6. Confirm your transaction.
  7. You'll receive your gift card once the transaction is confirmed. It can be added to Apple Pay/Google Pay, shared via email, or printed from the BitPay app. Manage and keep track of gift cards from the BitPay app or Chrome extension.

Note: The BitPay Wallet app is a self-custody wallet – this means you can import funds held in any other self-custody wallet into the BitPay app to pay for your gift cards.

Using the BitPay Chrome Extension

  1. Install the Chrome extension.
  2. Enter your email address in the settings so we know where to send your gift cards.
  3. Click the Shop with the Crypto tab.
  4. Choose your preferred gift card.
  5. Click Buy Credits then enter the amount you'd like to load onto the card. Gift card minimums/maximums will vary from card to card.
  6. A BitPay invoice will pop up. Use your preferred wallet and cryptocurrency to complete the transaction.
  7. You'll receive your gift card once the transaction is confirmed. It can be added to Apple Pay/Google Pay, shared via email, or printed. Manage and keep track of gift cards from the BitPay app or Chrome extension.

Note: You can use practically any wallet to pay for your gift cards.

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

Which gift cards can I buy with crypto?

You can effortlessly buy gift cards from over 100 leading brands and retailers using your cryptocurrency. Here are some customer favorites for top categories.

Home & Furniture

Enhance any home with gift cards that offer a range of stylish and practical furnishings and décor.

  • Home Depot
  • Ikea
  • Lowes
  • Michaels
  • Pottery Barn
  • Wayfair
  • Sur La Table

Restaurants, Food & Beverages

Enjoy a variety of dining options with gift cards from leading restaurants and food delivery services.

  • DoorDash
  • UberEats
  • GrubHub
  • Total Wine & More
  • Instacart
  • Flemings Prime Steakhouse & Wine Bar
  • Ruth's Chris Steakhouse
  • Dominos

Travel & Leisure

Travel and leisure gift cards provide a gateway to new adventures and relaxing experiences, suitable for all travelers.

  • Delta
  • Hotels.com
  • TripGift
  • Uber

Clothes & Fashion

Stay fashionable with gift cards that cover the latest trends and classic styles for every fashion enthusiast.

  • Adidas
  • Abercrombie & Fitch
  • Allbirds
  • Athleta
  • Belk
  • Chubbies
  • Columbia
  • DSW
  • Saks 5th Ave
  • Zappos.com


Electronics & Gaming

Upgrade your tech and gaming setup with gift cards for the latest in electronics and video games.

Auto, Motorcycle & Boat

Maintain and accessorize vehicles and boats with gift cards whether you find yourself on the road or water.

  • AutoZone
  • Jiffy Lube

Sports & Entertainment

Engage with your passions through gift cards for sports events, entertainment, and hobby-related activities.

  • AMC Theatres
  • TopGolf
  • NBA Shop
  • NFL Shop
  • MLB Shop
  • NHL Shop
  • Barnes & Noble
  • Bass Pro Shop
  • Cabela's
  • Columbia
  • Guitar Center
  • StubHub
  • SiriusXM

Health & Beauty

Invest in wellness and beauty with gift cards that offer everything from skincare products to spa treatments.

  • Bath & Body Works
  • Ulta Beauty

What cryptocurrencies can I use to buy gift cards?

From Bitcoin and Litecoin to Dogecoin and Ether, BitPay enables you to use more than 100 different cryptocurrencies to buy gift cards for various retailers.

Top Platforms to Buy Gift Card with Bitcoin

1. Prestmit

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.

 2. Coingate

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.

3. Bitrefill

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.

4. Bitpay

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 center of accepting payment for non-crypto brands.

This platform has hundreds of gift card vendors in categories like entertainment, travel, electronics, restaurants, fashion, etc.

5. eGifter

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.

6.  Gyft

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.

7. Paxful

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.

8. SnappyExchange

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.

9. Coincola

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.

10. Purse

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.

Summary

Other platforms 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, the ones mentioned here in this article have a good track record over the years. That means you can comfortably use them.

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.

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