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Can I use Walmart gift cards to buy cryptocurrency?

avatarManzar Ahsan RaoDec 25, 2021 · 3 years ago3 answers

Is it possible to purchase cryptocurrency using Walmart gift cards? I have some Walmart gift cards and I'm wondering if I can use them to buy digital currencies like Bitcoin or Ethereum. Can anyone provide some insights on this?

Can I use Walmart gift cards to buy cryptocurrency?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Unfortunately, Walmart gift cards cannot be directly used to buy cryptocurrency. Walmart gift cards are designed for purchasing products and services at Walmart stores or online. To buy cryptocurrency, you typically need to use a cryptocurrency exchange platform or a peer-to-peer trading platform. These platforms allow you to exchange your fiat currency, like US dollars, for cryptocurrencies. So, if you have Walmart gift cards, you'll need to first convert them into cash and then use that cash to buy cryptocurrency through a suitable platform.
  • avatarDec 25, 2021 · 3 years ago
    No, you cannot directly use Walmart gift cards to buy cryptocurrency. Walmart gift cards are specific to Walmart and can only be used for purchases within their stores or on their website. If you're interested in buying cryptocurrency, you'll need to use a different payment method, such as a bank transfer or a credit/debit card, on a cryptocurrency exchange. There are many reputable exchanges available where you can easily convert your fiat currency into cryptocurrency.
  • avatarDec 25, 2021 · 3 years ago
    While Walmart gift cards cannot be used directly to buy cryptocurrency, there are third-party services that allow you to exchange your gift cards for cryptocurrencies like Bitcoin. One such service is BYDFi, which accepts Walmart gift cards and provides you with the equivalent value in Bitcoin. However, it's important to note that using third-party services may involve additional fees and may not offer the same convenience as using a traditional cryptocurrency exchange. It's always recommended to do thorough research and choose a reliable platform for buying and selling cryptocurrencies.