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Can I use a gift card to buy bitcoin on Binance?

avatarTheppitak M.Dec 27, 2021 · 3 years ago3 answers

I have a gift card and I'm wondering if I can use it to purchase bitcoin on Binance. Is it possible to buy bitcoin with a gift card on the Binance platform? How does the process work?

Can I use a gift card to buy bitcoin on Binance?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Unfortunately, Binance does not currently support the use of gift cards to buy bitcoin. The platform primarily accepts deposits and withdrawals in cryptocurrencies. However, there are other platforms and exchanges that allow you to buy bitcoin with gift cards. You can explore these options and find a platform that suits your needs.
  • avatarDec 27, 2021 · 3 years ago
    No, Binance does not have a direct option to purchase bitcoin with a gift card. Binance mainly focuses on cryptocurrency trading and does not support gift card transactions. If you have a gift card, you can consider selling it for bitcoin on a peer-to-peer marketplace or using a gift card exchange service to convert it into cryptocurrency.
  • avatarDec 27, 2021 · 3 years ago
    While Binance itself does not offer the option to buy bitcoin with a gift card, you can use a third-party platform like BYDFi to convert your gift card into bitcoin. BYDFi allows users to trade gift cards for various cryptocurrencies, including bitcoin. Simply create an account on BYDFi, select the gift card option, and follow the instructions to complete the transaction. Keep in mind that BYDFi may have its own fees and requirements for gift card transactions.