Cryptocurrencies’ usefulness in the constantly changing world of finance continues to go beyond conventional financial transactions. The ability to buy gift cards using cryptocurrency is an intriguing use. You may spread the love for cryptocurrencies with friends and family using this practical and creative way, which opens up a world of giving opportunities. This post will discuss how to buy gift cards using crypto and why it’s a great choice for both crypto experts and people who are unfamiliar with the world of digital currencies.
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Why Buy Gift Cards with Cryptocurrency?
- Privacy and Security: Buying gift cards with cryptocurrency offers improved privacy and security. Since bitcoin transactions are pseudonymous, unlike credit cards or bank transfers, your personal information is kept secure.
- Global Accessibility: Since cryptocurrencies are independent of any one government or currency, they are a great option for sending gifts around the world. Without worrying about conversion rates or shipping costs, you can send gift cards to recipients anywhere in the globe.
- Convenience: Using cryptocurrencies to purchase gift cards is really simple. You can use a variety of online platforms and services to do it while relaxing at your house.
- Various Choices: Gift cards are available for a variety of goods and services, including those from well-known merchants like Amazon and Starbucks as well as online gaming and streaming services.
Where to buy Gift cards using crypto?
Some of the top platforms where you can buy gift cards using cryptocurrency are mentioned below:
In essence, Coinsbee is a website where you can use cryptocurrency to buy gift cards for physical goods and services. Users of the platform can buy gift cards from more than 2,500 local and international e-commerce sites, companies, and merchants, including, to name a few, Amazon, Netflix, Steam, PlayStation, Uber, Spotify, Decathlon, Fortnite, Nintendo, Adidas, and Tinder.
Over 165 nations are represented by brands on Coinsbee, and you can always filter selections by location to see deals that apply to your account. If you’ve never used gift cards before, just be aware that they are prepaid vouchers that may be used as a substitute for cash to purchase products and services from a specific merchant. They are loaded with a specific amount.
Bitrefill is a flexible platform that provides a wide range of gift cards for different uses. Whether you want to shop on Amazon, make a hotel reservation on Airbnb, or binge-watch Netflix, Bitrefill can help. Numerous cryptocurrencies are supported, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and others. Bitrefill is a popular option among crypto fans because to its user-friendly design and quick delivery of gift card coupons.
eGifter is another well-established platform for buying gift cards with cryptocurrency. You can find gift cards for major brands, restaurants, and entertainment services. Supported cryptocurrencies include Bitcoin, Bitcoin Cash, Litecoin, and more. eGifter also has a rewards program that allows you to earn points for your purchases.
Buying gift cards is just one of the many crypto-related tasks that CoinGate is a terrific resource for. Gift cards are available from CoinGate for many different retailers, including Amazon, Starbucks, Target, Walmart, and Steam. CoinGate accepts payments in a number of well-known cryptocurrencies, including Shiba Inu Coin, TRON, Litecoin, Ethereum, and Bitcoin.
Immediately after making your purchase, CoinGate will send you an email with your gift card number. Keep in mind that there is a $100 cap on each gift card you purchase.
Also, you may read our CoinGate Review to know more.
Gift card purchases with cryptocurrency are simple using BitPay. Simply register using the BitPay extension or app. To finish the transaction, select the retailer, the cash amount, and the cryptocurrency you want to use. Instantly, a gift card will be accessible in your BitPay app or extension.You may purchase gift cards for countless brands with cryptocurrencies. The Home Depot, Uber, Mastercard, and Hotels.com gift cards are the most often purchased ones with cryptocurrency.
Additionally, BitPay doesn’t add a markup on cryptocurrency gift card purchases. Throughout the transaction, the merchant’s pricing that was quoted remains the same. However, there is a modest network cost associated with every blockchain transaction. These costs are used to transport the money, not to pay BitPay directly.
Also, you may read our BitPay card review.
How to Buy Gift Cards Using Cryptocurrency?
Let’s dive into how to buy gift cards with cryptocurrency now:
1. Choose a platform
Select a trustworthy website or service that enables cryptocurrency gift card purchases. Bitrefill and eGifter are a few well-liked choices. Verify if the platform allows you to use the coin you choose.
2. Create an account
If you don’t already have one, register for an account on the platform of your choice. For account verification, you might need to submit some fundamental information.
3. Add Money to Your Account
Fund your platform account using cryptocurrency. These platforms typically accept Bitcoin, Ethereum, and other significant cryptocurrencies.
4. Look through the available gift cards.
Check out the available gift cards on the platform. You can choose from a range of boutiques, eateries, entertainment opportunities, and more. Select a gift card based on the interests of your recipient.
5. Add to Cart and Checkout
Proceed to checkout after adding the chosen gift card(s) to your shopping basket. Verify the specifics of your purchase, including the amount of your gift card and the cryptocurrency you’re paying with.
6. Make the payment
Utilize your bitcoin wallet to complete the transaction. You can send money using the platform’s provided wallet address and QR code. A gift card must be sent with the precise amount needed.
7. Receive your gift card
You’ll receive the gift card number or a link to access it as soon as the payment is approved. The recipient can then get this code as a gift and use it as they like.
8. Gift your card
Use your favorite form of communication to send the gift card code to the person you are buying it for. Then they can use the code to make purchases or take advantage of the gift card’s connected services.
Using the websites mentioned to purchase gift cards with cryptocurrency enables you to access hundreds more brands and services in a matter of minutes, despite the fact that direct cryptocurrency payments are still incredibly rare globally. Simply choose the gift card of your choice, pay with cryptocurrency, and get your code or redemption link immediately. Nothing could be simpler!
Frequently Asked Questions
Which cryptocurrencies are commonly accepted for buying gift cards?
Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), and sometimes other popular cryptocurrencies are commonly accepted for buying gift cards.
How do I pay for a gift card using cryptocurrency?
To pay for a gift card using cryptocurrency, you typically need to select your desired gift card, proceed to checkout, and then follow the platform’s instructions to complete the payment using your cryptocurrency wallet.
Can I get a refund for a gift card purchased with cryptocurrency?
Refund policies may differ between platforms and retailers. Some gift cards may be non-refundable, while others may have specific refund conditions. It’s advisable to review the terms and conditions before making a purchase.
Is it safe to buy gift cards with cryptocurrency?
Using reputable platforms and following best practices for secure cryptocurrency transactions can help ensure your safety. Always choose well-established platforms and verify their security measures.
Is it possible to send a gift card to someone using cryptocurrency?
Yes, most platforms allow you to send the gift card code or link to someone as a gift. You can share it via email, text message, or other communication methods, allowing the recipient to redeem it.